Favorable Press Coverage Very Likely to Impact Elbit Systems (NASDAQ:ESLT) Stock Price
Media headlines about Elbit Systems (NASDAQ:ESLT) have been trending positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Elbit Systems earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave media stories about the aerospace company an impact score of 81 out of 100, meaning that recent news coverage is very likely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Should Farsighted Investors Pay Attention to Reliance Steel & Aluminum Co. (NYSE:RS) Elbit Systems Ltd. (NASDAQ … – FLBC News (flbcnews.com)
- Are the Technicals Adding up for Elbit Systems Ltd. (NASDAQ:ESLT)? – FLBC News (flbcnews.com)
- Are Discerning Investors Interested in These Shares: Elbit Systems Ltd. (NASDAQ:ESLT)? – FLBC News (flbcnews.com)
- Boom or Bust? Is there any value in Elbit Systems Ltd. (NASDAQ:ESLT) or Reliance Steel & Aluminum Co. (NYSE:RS)? – FLBC News (flbcnews.com)
- Share Spotlight on Elbit Systems Ltd (ESLT): Technicals in Focus – Financial News Review (finnewsreview.com)
Elbit Systems (NASDAQ ESLT) traded down 0.28% during trading on Friday, reaching $124.51. 21,799 shares of the company’s stock were exchanged. Elbit Systems has a 12-month low of $91.20 and a 12-month high of $127.97. The company has a market cap of $5.32 billion, a P/E ratio of 22.47 and a beta of 0.62. The stock’s 50-day moving average is $122.95 and its 200-day moving average is $115.20.
Elbit Systems (NASDAQ:ESLT) last announced its earnings results on Tuesday, May 16th. The aerospace company reported $1.21 EPS for the quarter. Elbit Systems had a return on equity of 16.45% and a net margin of 7.00%. The company had revenue of $749.19 million during the quarter. Analysts predict that Elbit Systems will post $6.20 EPS for the current fiscal year.
ESLT has been the topic of several research reports. Chardan Capital started coverage on shares of Elbit Systems in a research report on Friday, May 5th. They issued a “neutral” rating and a $110.00 price target on the stock. BidaskClub raised shares of Elbit Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th.
About Elbit Systems
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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