NASDAQ:ELTK Eltek (ELTK) Stock Price, News & Analysis $10.89 0.00 (0.00%) (As of 09/13/2024 ET) Add Compare Share Share Today's Range$10.74▼$10.9750-Day Range$9.39▼$11.3652-Week Range$8.02▼$22.80Volume8,375 shsAverage Volume73,082 shsMarket Capitalization$66.09 millionP/E Ratio10.18Dividend Yield2.02%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Eltek alerts: Email Address Eltek MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.14% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.54Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth5.88%From $1.02 to $1.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.97 out of 5 starsComputer And Technology Sector333rd out of 598 stocksPrinted Circuit Boards Industry8th out of 11 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Eltek.Read more about Eltek's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.14% of the float of Eltek has been sold short.Short Interest Ratio / Days to CoverEltek has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eltek has recently increased by 44.05%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEltek pays a meaningful dividend of 2.05%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEltek does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Eltek is 20.56%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Eltek will have a dividend payout ratio of 20.37% next year. This indicates that Eltek will be able to sustain or increase its dividend.Read more about Eltek's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ELTK. Previous Next 2.0 News and Social Media Coverage News SentimentEltek has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Eltek this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eltek insiders have not sold or bought any company stock.Percentage Held by Insiders72.02% 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 Institutions64.58% of the stock of Eltek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Eltek's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Eltek are expected to grow by 5.88% in the coming year, from $1.02 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eltek is 10.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Eltek is 10.18, 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 274.84.Price to Book Value per Share RatioEltek has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Eltek's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… About Eltek Stock (NASDAQ:ELTK)Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards. It primarily serves medical technology, defense and aerospace, industrial, telecom, and networking equipment industries, as well as contract electronic manufacturers. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petah Tikva, Israel. Eltek Ltd. operates as a subsidiary of Nistec Golan Ltd.Read More ELTK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ELTK Stock News HeadlinesSeptember 9, 2024 | prnewswire.comEltek Appoints Tomer Segev as New Vice President of Marketing and SalesAugust 31, 2024 | finance.yahoo.comIs Weakness In Eltek Ltd. (NASDAQ:ELTK) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?September 14, 2024 | Paradigm Press (Ad)Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.August 27, 2024 | prnewswire.comEltek Receives Purchase Orders Totaling $3.5 MillionAugust 19, 2024 | msn.comELTK: Eltek Potential Growth Opportunities Supports Price Target of $18.00August 17, 2024 | msn.comEltek Ltd. (NASDAQ:ELTK) Q2 2024 Earnings Call TranscriptAugust 16, 2024 | seekingalpha.comEltek Ltd. (ELTK) Q2 2024 Earnings Call TranscriptAugust 15, 2024 | prnewswire.comEltek Ltd. Reports 2024 Second Quarter Financial ResultsSeptember 14, 2024 | Paradigm Press (Ad)Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.August 14, 2024 | markets.businessinsider.comHere's what to expect from Eltek's earnings reportAugust 5, 2024 | prnewswire.comEltek Sets Earnings Release Date and Conference Call to Report Second Quarter 2024 Results on August 15, 2024May 24, 2024 | finance.yahoo.comELTK: Eltek Reports 1st Quarter 2024 Financial ResultsMay 23, 2024 | finance.yahoo.comEltek First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 21, 2024 | investorplace.comELTK Stock Earnings: Eltek Beats EPS, Misses Revenue for Q1 2024May 21, 2024 | baystreet.caEltek Sags on Q1 ResultsMay 21, 2024 | prnewswire.comEltek Ltd. Reports 2024 First Quarter Financial ResultsMay 20, 2024 | msn.comEltek Q1 Earnings PreviewMay 20, 2024 | markets.businessinsider.comHere's what Wall Street expects from Eltek's earnings reportSee More Headlines Receive ELTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eltek and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/15/2024Today9/14/2024Next Earnings (Estimated)11/21/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Printed circuit boards Sub-IndustryElectronic Equipment Current SymbolNASDAQ:ELTK CUSIPN/A CIK1024672 Webwww.nisteceltek.com Phone(723) 939-5050Fax972-3934-2584Employees260Year Founded1970Profitability EPS (Most Recent Fiscal Year)$1.07 Trailing P/E Ratio10.18 Forward P/E Ratio10.68 P/E GrowthN/ANet Income$6.35 million Net Margins12.85% Pretax Margin15.55% Return on Equity18.75% Return on Assets11.95% Debt Debt-to-Equity RatioN/A Current Ratio3.13 Quick Ratio2.56 Sales & Book Value Annual Sales$46.43 million Price / Sales1.42 Cash Flow$1.33 per share Price / Cash Flow8.20 Book Value$4.59 per share Price / Book2.37Miscellaneous Outstanding Shares6,069,000Free Float1,698,000Market Cap$66.09 million OptionableNot Optionable Beta0.43 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Eli Yaffe (Age 69)Chief Executive Officer Comp: $589.17kMr. Ron Freund (Age 59)Chief Financial Officer Comp: $281.03kMr. Yitzhak Zemach (Age 48)Vice President of Operations Comp: $284.73kMr. Oriel Sallary (Age 61)Vice President of Worldwide Sales and Marketing Comp: $222.83kMr. Sagi Balter (Age 43)Vice President of Technology Ms. Moran AbaHR ManagerMr. Shlomi Kisluk (Age 49)Vice President of Quality Assurance More ExecutivesKey CompetitorsSMTCNASDAQ:SMTXGilat Satellite NetworksNASDAQ:GILTInflection Point AcquisitionNASDAQ:IPAXCeragon NetworksNASDAQ:CRNTInseegoNASDAQ:INSGView All CompetitorsInstitutional OwnershipRenaissance Technologies LLCBought 1,300 shares on 8/9/2024Ownership: 1.495%Foundry Partners LLCBought 88,365 shares on 8/5/2024Ownership: 3.498%View All Institutional Transactions ELTK Stock Analysis - Frequently Asked Questions How have ELTK shares performed this year? Eltek's stock was trading at $13.95 at the beginning of the year. Since then, ELTK shares have decreased by 21.9% and is now trading at $10.89. View the best growth stocks for 2024 here. How were Eltek's earnings last quarter? Eltek Ltd. (NASDAQ:ELTK) released its quarterly earnings results on Thursday, August, 15th. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.14. The technology company earned $10.47 million during the quarter, compared to the consensus estimate of $11.90 million. Eltek had a trailing twelve-month return on equity of 18.75% and a net margin of 12.85%. When did Eltek's stock split? Shares of Eltek reverse split before market open on 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? The following companies are subsidiaries of Eltek: Eltek Europe GmbH, and Eltek USA Inc.. Who are Eltek's major shareholders? Top institutional investors of Eltek include Foundry Partners LLC (3.50%) and Renaissance Technologies LLC (1.49%). 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. Compare Top Brokerages Here. What other stocks do shareholders of Eltek own? Based on aggregate information from My MarketBeat watchlists, some other companies that Eltek investors own include Inovio Pharmaceuticals (INO), Allena Pharmaceuticals (ALNA), Energy Transfer (ET), Nokia Oyj (NOK), Pfizer (PFE) and Plug Power (PLUG). This page (NASDAQ:ELTK) was last updated on 9/14/2024 by MarketBeat.com Staff From Our PartnersWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” ...Porter & Company | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredThe $15 Stock Powering NVIDIA, TESLA and MicrosoftThe Biggest AI firms in the world...Tesla... Microsoft... NVIDIA... Are all relying on a little-known suppl...Behind the Markets | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredGold Set to EXPLODE!The perfect storm is brewing to drive gold's price through the roof! And our weakening dollars are causing ...Gold Safe Exchange | SponsoredInvest before this deal closes on 9/18This company can create aviation fuels from waste, they qualify to help airlines meet net-zero carbon pledges ...Deal Maker | SponsoredPlace this $0.99 trade BEFORE the electionEarlier this year, Millionaire Trader Nate Bear of Monument Traders Alliance went live in front of thousands o...Monument Traders Alliance | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eltek Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Share Eltek With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.