Elbit Systems Ltd. (ESLT): Today's Featured Aerospace/Defense Loser

The aerospace/defense industry closed the day up 1.2%. American Defense Systems Inc (EAG), Astrotech (ASTC), CPI Aerostructures Inc (CVU), and TAT Technologies (TATT) were all decliners today within the aerospace/defense industry with Elbit Systems (ESLT) being today's featured aerospace/defense loser. Elbit Systems fell 80 cents (-1.8%) to $42.92 on light volume. Throughout the day, 9,800 shares of Elbit Systems exchanged hands as compared to its average daily volume of 16,900 shares.

Elbit Systems Ltd. engages in the design, development, manufacture, and integration of defense systems and products worldwide. Elbit Systems has a market cap of $1.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.7, below the average aerospace/defense industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7. Shares are down 18% year to date as of the close of trading on Monday.

TheStreet Ratings rates Elbit Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.

• You can view the full Elbit Systems Ratings Report.

On the positive front, LMI Aerospace Inc (LMIA), GenCorp Inc (GY), Taser International Inc (TASR), and Teledyne Technologies Inc (TDY) were all gainers within the aerospace/defense industry with Boeing (BA) being today's featured aerospace/defense industry winner.

• Use our aerospace/defense section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx (ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 (DOG).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Elbit Systems Ltd. click any of the following:

• Elbit Systems Ltd. Stock Price

• Elbit Systems Ltd. Analyst Ratings

• Elbit Systems Ltd. Key Stats & Profile

• Elbit Systems Ltd. Earnings

• Elbit Systems Ltd. Ratio Comparison

• Elbit Systems Ltd. Growth Rates

• Elbit Systems Ltd. Balance Sheet

• Elbit Systems Ltd. Cash Flow

• Elbit Systems Ltd. Income Statement