ELTK vs. KTCC, SGMA, ASYS, KORE, ABAT, SOTK, LDTC, SNCR, AUID, and SURG
Should you be buying Eltek stock or one of its competitors? The main competitors of Eltek include Key Tronic (KTCC), SigmaTron International (SGMA), Amtech Systems (ASYS), KORE Group (KORE), American Battery Technology (ABAT), Sono-Tek (SOTK), LeddarTech (LDTC), Synchronoss Technologies (SNCR), authID (AUID), and SurgePays (SURG). These companies are all part of the "computer and technology" sector.
Eltek (NASDAQ:ELTK) and Key Tronic (NASDAQ:KTCC) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, institutional ownership, valuation, earnings, profitability, analyst recommendations, dividends, media sentiment and risk.
Eltek has a net margin of 13.60% compared to Key Tronic's net margin of 0.72%. Eltek's return on equity of 26.20% beat Key Tronic's return on equity.
Key Tronic received 101 more outperform votes than Eltek when rated by MarketBeat users. Likewise, 58.67% of users gave Key Tronic an outperform vote while only 53.48% of users gave Eltek an outperform vote.
64.6% of Eltek shares are held by institutional investors. Comparatively, 40.7% of Key Tronic shares are held by institutional investors. 72.0% of Eltek shares are held by insiders. Comparatively, 6.6% of Key Tronic shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Eltek has a beta of -1.84, suggesting that its share price is 284% less volatile than the S&P 500. Comparatively, Key Tronic has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500.
Eltek has higher earnings, but lower revenue than Key Tronic. Eltek is trading at a lower price-to-earnings ratio than Key Tronic, indicating that it is currently the more affordable of the two stocks.
In the previous week, Key Tronic had 2 more articles in the media than Eltek. MarketBeat recorded 4 mentions for Key Tronic and 2 mentions for Eltek. Eltek's average media sentiment score of 0.50 beat Key Tronic's score of 0.00 indicating that Eltek is being referred to more favorably in the media.
Summary
Eltek beats Key Tronic on 9 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ELTK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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