Alert: Positive Investment/Fundamental Signals (4/1/24)-Elbit Systems Ltd (NASDAQ: ESLT)

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Elbit Systems Ltd (NASDAQ: ESLT). Important positive changes in fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Extremely important positive changes in investment behavior have recently occurred for Elbit Systems Ltd (NASDAQ: ESLT): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

ESLT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Elbit Systems has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Elbit Systems has a poor Appreciation Score of 30 but a neutral Power Rating of 56, triggering the Negative Value Trend Rating.

Recent Price Action

Elbit Systems Ltd (NASDAQ: ESLT) stock declined slightly by -0.8% on 4/1/24. The stock closed at $208.65. However, exceptionally low trading volume at 36% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 2.1% during the last week.

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