- Elbit Systems reported a net income of $79.1 million for the third quarter.
- The company’s revenue for this quarter was $1.72 billion.
- Elbit Systems has a significant order backlog valued at $22.1 billion.
- Shares of the company increased by 3.1%, reaching ILs 91,120.
- A total of 18,497 shares were traded on the market.
- Analysts have given four buy ratings with no hold or sell recommendations.
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A look at Elbit Systems Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Elbit Systems Ltd., a company specializing in integrated defense systems and military electronic products, has received varying scores across different aspects of its business according to Smartkarma Smart Scores. With a strong momentum score of 5, Elbit Systems seems to be performing well in terms of market trends and investor perception. This high momentum score indicates positive movement in the company’s stock price and overall market sentiment.
Furthermore, Elbit Systems has obtained moderate scores in growth and resilience, with scores of 3 for both categories. This suggests that the company is positioned for steady growth and has the ability to withstand economic challenges. However, in terms of value and dividend, Elbit Systems scored lower, indicating potential opportunities for improvement in these areas. Overall, the outlook for Elbit Systems appears positive, especially in terms of momentum, which bodes well for its future performance in the defense industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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