ESLT Stock Summary and Trading Ideas (Elbit Systems Ltd. - | NASDAQ:ESLT)

Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.

Elbit Systems Ltd. - trades on the NASDAQ stock market under the symbol ESLT.

As of December 27, 2024, ESLT stock price declined to $257.75 with 18,785 million shares trading.

ESLT has a beta of 0.30, meaning it tends to be less sensitive to market movements. ESLT has a correlation of 0.02 to the broad based SPY ETF.

ESLT has a market cap of $11.48 billion. This is considered a Large Cap stock.

Last quarter Elbit Systems Ltd. - reported $2 billion in Revenue and $2.21 earnings per share. This beat revenue expectation by $108 million and exceeded earnings estimates by $.35.

In the last 3 years, ESLT traded as high as $266.35 and as low as $159.00.

The top ETF exchange traded funds that ESLT belongs to (by Net Assets): KOMP, SHLD, ISRA, FITE, DFAX.

ESLT has underperformed the market in the last year with a return of +21.1%, while SPY returned +26.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ESLT shares. However, ESLT has outperformed the market in the last 3 month and 2 week periods, returning +32.3% and +1.4%, while SPY returned +4.1% and -1.4%, respectively. This indicates ESLT has been having a stronger performance recently.

ESLT support price is $254.18 and resistance is $262.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ESLT shares will trade within this expected range on the day.