Eltek (ELTK) Stock Price, News & Analysis

Company Overview

Eltek Ltd (NASDAQ: ELTK) is a global provider of high-efficiency power conversion and management solutions. The company specializes in the design, development and manufacturing of modular direct current (DC) power systems, rectifiers, inverters and uninterruptible power supply (UPS) equipment. Its products are engineered to ensure reliable power delivery and scalability for mission-critical applications in telecommunications, data centers, renewable energy and industrial environments.

Eltek’s product portfolio includes modular rectifier systems that offer flexible power output configurations, DC-DC converters, battery chargers and comprehensive power distribution units. The company also provides integrated power management software and services that enable remote monitoring, predictive maintenance and system optimization. Eltek’s solutions are known for their high energy efficiency, compact footprint and adaptability to diverse site requirements.

With a presence in Europe, North America, Latin America, Asia-Pacific and Africa, Eltek serves a broad range of customers including telecommunications carriers, enterprise data center operators and industrial firms. The company operates research and development centers in Norway and the United States, as well as manufacturing facilities in China and Italy, ensuring a global supply chain and localized support. Technical service teams and authorized partners deliver installation, commissioning and after-sales support in over 100 countries.

Founded in the early 1970s and headquartered in Skien, Norway, Eltek has evolved from a domestic telecom equipment supplier into a multinational power solutions provider. Over the decades, the company has invested in product innovation and strategic acquisitions to strengthen its market position. Eltek is led by CEO Dan Lenning, whose leadership focuses on driving digitalization, expanding into emerging markets and advancing the company’s sustainability agenda.

Key Stats

• Today's Range: $10.10 to $10.44
• 50-Day Range: $8.25 to $11.20
• 52-Week Range: $7.65 to $12.19
• Volume: 53,887 shs
• Average Volume: 21,477 shs
• Market Capitalization: $69.11 million
• P/E Ratio: 20.20
• Dividend Yield: 1.84%
• Price Target: N/A
• Consensus Rating: N/A

Eltek Stock Analysis - MarketRank™

Eltek scored higher than 95% of companies evaluated by MarketBeat, and ranked 43rd out of 655 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Eltek.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.24%

Earnings Growth

Earnings for Eltek are expected to grow by 17.24% in the coming year, from $0.87 to $1.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Eltek is 20.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of Eltek is 20.20, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.09.

Price to Book Value per Share Ratio

Eltek has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.21% of the float of Eltek has been sold short.

Short Interest Ratio / Days to Cover

Eltek has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eltek has recently decreased by 17.07%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Eltek pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Eltek does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Eltek is 37.25%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Eltek will have a dividend payout ratio of 18.63% next year. This indicates that Eltek will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.21% of the float of Eltek has been sold short.

Short Interest Ratio / Days to Cover

Eltek has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Eltek has recently decreased by 17.07%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Eltek has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Eltek this week, compared to 1 article on an average week.

Search Interest

2 people have searched for ELTK on MarketBeat in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Eltek insiders have not sold or bought any company stock.

Percentage Held by Insiders

72.02% of the stock of Eltek is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

64.58% of the stock of Eltek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ELTK Stock Analysis - Frequently Asked Questions

How have ELTK shares performed this year?

Eltek's stock was trading at $11.06 at the start of the year. Since then, ELTK shares have decreased by 6.9% and is now trading at $10.30.

How were Eltek's earnings last quarter?

Eltek Ltd. (NASDAQ:ELTK) posted its earnings results on Tuesday, May, 20th. The technology company reported $0.15 EPS for the quarter. The technology company earned $12.76 million during the quarter. Eltek had a net margin of 7.34% and a trailing twelve-month return on equity of 8.67%.
Read the conference call transcript.

When did Eltek's stock split?

Shares of Eltek reverse split on the morning of Wednesday, November 22nd 2017.The 1-5 reverse split was announced on Wednesday, November 15th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, November 21st 2017. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Does Eltek have any subsidiaries?

Eltek subsidiaries include Eltek Europe GmbH, and Eltek USA Inc..

How do I buy shares of Eltek?

Shares of ELTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Eltek own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eltek investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Novo Nordisk A/S (NVO).

Company Calendar

• Record date for 4/29 Dividend: 4/22/2025
• Ex-Dividend for 4/29 Dividend: 4/22/2025
• Dividend Payable: 4/29/2025
• Last Earnings: 5/20/2025
• Today: 7/08/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC - MISC COMPONENTS
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:ELTK
• CIK: 1024672
• Web: www.nisteceltek.com
• Phone: (723) 939-5050
• Fax: 972-3934-2584
• Employees: 260
• Year Founded: 1970

Profitability

• EPS (Trailing Twelve Months): $0.51
• Trailing P/E Ratio: 19.96
• Forward P/E Ratio: 11.70
• P/E Growth: N/A
• Net Income: $4.22 million
• Net Margins: 7.34%
• Pretax Margin: 8.96%
• Return on Equity: 8.67%
• Return on Assets: 5.94%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.78
• Quick Ratio: 2.06

Sales & Book Value

• Annual Sales: $46.53 million
• Price / Sales: 1.47
• Cash Flow: $0.94 per share
• Price / Cash Flow: 10.82
• Book Value: $6.79 per share
• Price / Book: 1.50

Miscellaneous

• Outstanding Shares: 6,710,000
• Free Float: 1,879,000
• Market Cap: $68.31 million
• Optionable: Not Optionable
• Beta: 0.62