(Past Top Pick, Aug.14, 2017, Down 6%) He's owned this for five years as a core holding. It's been sideways the past year for some reason, but sometimes that just happens. The last quarter, they had 11% backlog growth and announced a few acquisitions not yet in the numbers.
Has something materially changed in their operations? He is not aware of any changes that could be resulting in the stock declining in value and it trades near all-time highs. Business continues to look good and military defence spending will continue to grow. The founding shareholder holds a lot of the stock. Israeli defence spending continues at a high percentage of GDP. One third of their revenues are in cyber-security.
Elbit Systems is a American stock, trading under the symbol ESLT-Q on the NASDAQ (ESLT). It is usually referred to as NASDAQ:ESLT or ESLT-Q
In the last year, 1 stock analyst published opinions about ESLT-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Elbit Systems.
Elbit Systems was recommended as a Top Pick by on . Read the latest stock experts ratings for Elbit Systems.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Elbit Systems In the last year. It is a trending stock that is worth watching.
On 2023-06-02, Elbit Systems (ESLT-Q) stock closed at a price of $197.65.