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Thursday, May 17, 2012

Potential Takeover Candidate? (NASDAQ: ESLT)

Shares of ESLT fell by 3.76% or $-1.33/share to $34.03. NASDAQ is trading at a price to book ratio of 1.63. The PEG is 0.66 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.52. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 6984 shares of ESLT exchange hands on a given day and today's volume is recorded at 1400. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Elbit Systems Ltd. (Elbit Systems) is an international defense electronics company engaged in a range of programs throughout the world.