Elbit Systems Ltd. (NASDAQ:ESLT) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $102.70 and last traded at $102.26, with a volume of 20,727 shares traded. The stock had previously closed at $101.62.

Separately, Standpoint Research began coverage on shares of Elbit Systems in a report on Monday, August 1st. They issued an “accumulate” rating and a $115.00 target price for the company.

The stock has a market capitalization of $4.37 billion and a P/E ratio of 20.78. The company has a 50-day moving average of $97.07 and a 200 day moving average of $93.12.

Elbit Systems (NASDAQ:ESLT) last issued its earnings results on Tuesday, August 16th. The company reported $1.47 EPS for the quarter. The firm earned $804.50 million during the quarter, compared to analyst estimates of $749.50 million. On average, equities analysts predict that Elbit Systems Ltd. will post $4.28 EPS for the current year.

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