Trump announces trade deal with EU following months of negotiations
Elbit Systems Limited (NASDAQ:ESLT) stock has reached an unprecedented peak, setting an all-time high at $428.79. According to InvestingPro data, the company’s current valuation appears stretched compared to its Fair Value, with the stock trading at a P/E ratio of 53. This milestone underscores a period of remarkable growth for the defense electronics company, which has seen its stock value surge by an impressive 124.05% over the past year. Investors have rallied behind Elbit’s robust performance in the market, driven by strategic contracts and a strong global demand for defense and security technology. The company’s ability to innovate and expand its portfolio has evidently paid off, as reflected in this record-setting price level. With a beta of -0.34, the stock often moves contrary to market trends, while maintaining a 29-year dividend payment streak. InvestingPro subscribers can access 12 additional key insights about ESLT’s financial health and market position through the comprehensive Pro Research Report.
In other recent news, Elbit Systems reported impressive financial results for the first quarter of 2025, surpassing market expectations. The company achieved an EPS of $2.57, exceeding the forecast of $2.08, and reported revenue of $1.896 billion, outperforming the anticipated $1.69 billion. This marks the fourth consecutive quarter of double-digit revenue growth for Elbit Systems. The company’s backlog reached a record $23.1 billion, a 40% increase year-over-year, driven by strong demand in the Land and Aerospace segments. Jefferies maintained a Hold rating on Elbit Systems and raised the price target from $435 to $450, citing the company’s strong performance and operational efficiency. Analyst Sheila Kahyaoglu from Jefferies highlighted a 22% organic growth and a 90 basis points margin expansion in the first quarter. The firm anticipates a 10% revenue increase and a 90 basis points margin improvement by 2026, supported by rising global defense spending. Elbit Systems continues to benefit from its strategic global presence and diverse product offerings in the defense sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.