Positive Press Coverage Somewhat Unlikely to Affect Elbit Systems (ESLT) Share Price

Media coverage about Elbit Systems (NASDAQ:ESLT) has been trending positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Elbit Systems earned a news sentiment score of 0.27 on Accern’s scale. Accern also assigned headlines about the aerospace company an impact score of 45.5833619144139 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

A number of brokerages have commented on ESLT. ValuEngine downgraded Elbit Systems from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BidaskClub downgraded Elbit Systems from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 12th. Standpoint Research downgraded Elbit Systems from an “accumulate” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, Zacks Investment Research downgraded Elbit Systems from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. Elbit Systems presently has a consensus rating of “Hold” and a consensus price target of $143.00.

Shares of Elbit Systems (NASDAQ ESLT) traded down $1.26 during mid-day trading on Friday, reaching $131.11. The company’s stock had a trading volume of 19,851 shares, compared to its average volume of 38,491. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.82 and a current ratio of 1.26. Elbit Systems has a 12 month low of $103.09 and a 12 month high of $153.13. The firm has a market capitalization of $5,600.00, a P/E ratio of 23.67 and a beta of 0.59.

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Elbit Systems Company Profile

Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs.

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