Eltek Stock Price, News & Analysis (NASDAQ:ELTK) $12.45 -0.16 (-1.27%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$12.31▼$12.7350-Day Range$9.08▼$14.1852-Week Range$3.84▼$14.23Volume16,518 shsAverage Volume36,214 shsMarket Capitalization$72.83 millionP/E Ratio12.58Dividend Yield1.77%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Eltek MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.02% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth6.90%From $1.16 to $1.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.82 out of 5 starsComputer And Technology Sector434th out of 595 stocksPrinted Circuit Boards Industry7th out of 8 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Eltek. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.02% of the float of Eltek has been sold short.Short Interest Ratio / Days to CoverEltek 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 monthShort interest in Eltek has recently increased by 11.66%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEltek pays a meaningful dividend of 1.31%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEltek has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Eltek is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Eltek will have a dividend payout ratio of 17.74% next year. This indicates that Eltek will be able to sustain or increase its 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Eltek this week, compared to 1 article on an average week.MarketBeat FollowsOnly 7 people have added Eltek to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days. Previous Next 1.7 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 InstitutionsOnly 2.47% of the stock of Eltek is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Eltek are expected to grow by 6.90% in the coming year, from $1.16 to $1.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eltek is 12.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Eltek is 12.58, 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 253.52.Price to Book Value per Share RatioEltek has a P/B Ratio of 3.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 offers high density interconnect, flex-rigid, and multi-layered boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. 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 Petach Tikva, Israel. Eltek Ltd. is 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 HeadlinesDecember 7, 2023 | finance.yahoo.comEltek (NASDAQ:ELTK) Could Be A Buy For Its Upcoming DividendNovember 28, 2023 | finance.yahoo.comEltek Declares a Cash Dividend of $0.22 per ShareDecember 8, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 27, 2023 | msn.comEltek (ELTK) Price Target Increased by 13.04% to 13.26November 20, 2023 | msn.comEltek receives five purchase orders totaling $3.8MNovember 20, 2023 | finance.yahoo.comELTK: Eltek reported strong 3rd quarter financial results which supports our price target of $14.00.November 20, 2023 | finance.yahoo.comEltek receives five purchase orders totaling $3.8 millionNovember 17, 2023 | finance.yahoo.comEltek Ltd. (NASDAQ:ELTK) Q3 2023 Earnings Call TranscriptDecember 8, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 16, 2023 | finance.yahoo.comInvestors in Eltek (NASDAQ:ELTK) have seen splendid returns of 281% over the past five yearsNovember 16, 2023 | markets.businessinsider.comEltek Q3 Profit SurgesNovember 16, 2023 | finance.yahoo.comEltek Ltd. Reports 2023 Third Quarter Financial ResultsNovember 15, 2023 | benzinga.comEltek's Earnings OutlookNovember 8, 2023 | finance.yahoo.comEltek Sets Earnings Release Date and Conference Call to Report Third Quarter 2023 Results on November 16, 2023October 3, 2023 | finance.yahoo.comAre Strong Financial Prospects The Force That Is Driving The Momentum In Eltek Ltd.'s NASDAQ:ELTK) Stock?September 27, 2023 | stocknews.com3 Tech Stocks to Add to Your Portfolio TodaySeptember 21, 2023 | markets.businessinsider.comEltek Gets $2.9 Mln Purchase Order From Existing CustomerSeptember 19, 2023 | finance.yahoo.comEltek receives a $2.9 million purchase order from an existing customerAugust 22, 2023 | finance.yahoo.comELTK: Eltek reported strong 2nd quarter financial results which supports our price target of $11.00.August 22, 2023 | finance.yahoo.comEltek Ltd. (NASDAQ:ELTK) Q2 2023 Earnings Call TranscriptAugust 21, 2023 | finance.yahoo.comEltek Ltd. Reports 2023 Second Quarter Financial ResultsAugust 18, 2023 | benzinga.comPreview: Eltek's EarningsAugust 14, 2023 | finance.yahoo.comEltek Sets Earnings Release Date and Conference Call to Report Second Quarter 2023 Results on August 21, 2023July 30, 2023 | finance.yahoo.comEltek (NASDAQ:ELTK) Is Doing The Right Things To Multiply Its Share PriceJune 27, 2023 | finance.yahoo.comEltek Announces Repayment Of Its Bank Debt And Acceleration Of Its Current Investments In Production Equipment.June 9, 2023 | finance.yahoo.comEltek (NASDAQ:ELTK) shareholders have earned a 38% CAGR over the last three yearsMay 19, 2023 | finance.yahoo.comELTK: Eltek reports strong 1st quarter financial results which supports new price target of $11.00.See 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 Earnings8/21/2023Today12/08/2023Ex-Dividend for 12/21 Dividend12/12/2023Dividend Payable12/21/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Printed circuit boards Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ELTK CUSIPN/A CIK1024672 Webwww.nisteceltek.com Phone(723) 939-5050Fax972-3934-2584Employees294Year Founded1970Profitability EPS (Most Recent Fiscal Year)$0.99 Trailing P/E Ratio12.58 Forward P/E Ratio10.73 P/E GrowthN/ANet Income$3.19 million Net Margins12.99% Pretax Margin15.60% Return on Equity25.57% Return on Assets14.05% Debt Debt-to-Equity RatioN/A Current Ratio2.43 Quick Ratio1.95 Sales & Book Value Annual Sales$44.85 million Price / Sales1.62 Cash Flow$0.78 per share Price / Cash Flow16.01 Book Value$3.59 per share Price / Book3.47Miscellaneous Outstanding Shares5,850,000Free Float1,637,000Market Cap$72.83 million OptionableNot Optionable Beta-1.41 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Eli Yaffe (Age 68)Chief Executive Officer Comp: $643.59kMr. Ron Freund (Age 58)Chief Financial Officer Comp: $293.54kMr. Itzik Zemach (Age 47)Vice President of Operations Comp: $268.96kMr. Oriel Sallary (Age 60)Vice President of Worldwide Sales and Marketing Comp: $209.66kMr. Sagi Balter (Age 42)Vice President of Technology Ms. Moran AbaHR ManagerMore ExecutivesKey CompetitorsKey TronicNASDAQ:KTCCSigmaTron InternationalNASDAQ:SGMAOndasNASDAQ:ONDSICZOOM GroupNASDAQ:IZMInterlink ElectronicsNASDAQ:LINKView All CompetitorsInstitutional OwnershipNavellier & Associates Inc.Bought 39,650 shares on 11/9/2023Ownership: 0.678%UBS Group AGBought 14,862 shares on 11/9/2023Ownership: 0.256%View All Institutional Transactions ELTK Stock Analysis - Frequently Asked Questions How have ELTK shares performed in 2023? Eltek's stock was trading at $4.1143 at the beginning of 2023. Since then, ELTK stock has increased by 202.6% and is now trading at $12.45. View the best growth stocks for 2023 here. Are investors shorting Eltek? Eltek saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 18,200 shares, an increase of 11.7% from the October 31st total of 16,300 shares. Based on an average daily volume of 49,400 shares, the short-interest ratio is currently 0.4 days. Currently, 1.0% of the shares of the stock are short sold. View Eltek's Short Interest. When is Eltek's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024. View our ELTK earnings forecast. How were Eltek's earnings last quarter? Eltek Ltd. (NASDAQ:ELTK) issued its quarterly earnings data on Monday, August, 21st. The technology company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. The technology company had revenue of $11.04 million for the quarter, compared to analyst estimates of $10.90 million. Eltek had a trailing twelve-month return on equity of 25.57% and a net margin of 12.99%. During the same period in the prior year, the business posted $0.13 earnings per share. How often does Eltek pay dividends? What is the dividend yield for Eltek? Eltek declared an annual dividend on Tuesday, November 28th. Stockholders of record on Wednesday, December 13th will be paid a dividend of $0.22 per share on Thursday, December 21st. This represents a yield of 1.76%. The ex-dividend date is Tuesday, December 12th. Read our dividend analysis for ELTK. Is Eltek a good dividend stock? Eltek (NASDAQ:ELTK) pays an annual dividend of $0.22 per share and currently has a dividend yield of 1.31%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ELTK will have a dividend payout ratio of 17.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ELTK. When did Eltek's stock split? Eltek shares reverse split 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. What other stocks do shareholders of Eltek own? Based on aggregate information from My MarketBeat watchlists, some companies that other Eltek investors own include Inovio Pharmaceuticals (INO), Allena Pharmaceuticals (ALNA), Energy Transfer (ET), Nokia Oyj (NOK), Pfizer (PFE), Plug Power (PLUG), AbbVie (ABBV), Actinium Pharmaceuticals (ATNM) and Cara Therapeutics (CARA). Who are Eltek's major shareholders? Eltek's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Navellier & Associates Inc. (0.68%) and UBS Group AG (0.26%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Eltek have any subsidiaries? The following companies are subsidiares of Eltek: Eltek Europe GmbH, and Eltek USA Inc..Read More This page (NASDAQ:ELTK) was last updated on 12/8/2023 by MarketBeat.com Staff 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. 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