NASDAQ:ELTK Eltek (ELTK) Stock Price, News & Analysis $9.87 +0.08 (+0.82%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$9.82▼$10.0450-Day Range$9.45▼$12.1952-Week Range$7.06▼$22.80Volume15,652 shsAverage Volume83,894 shsMarket Capitalization$59.91 millionP/E Ratio9.22Dividend Yield2.23%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Eltek alerts: Email Address Eltek MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.55% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth4.59%From $1.09 to $1.14 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.4.10 out of 5 starsComputer And Technology Sector175th out of 612 stocksPrinted Circuit Boards Industry2nd out of 10 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 5.0 Short Interest Percentage of Shares Shorted0.55% of the float of Eltek has been sold short.Short Interest Ratio / Days to CoverEltek has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eltek has recently decreased by 25.00%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldEltek pays a meaningful dividend of 2.16%, 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 19.30% 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 3.0 News and Social Media Coverage News SentimentEltek has a news sentiment score of 1.43. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 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 4.59% in the coming year, from $1.09 to $1.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eltek is 9.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Eltek is 9.22, 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 262.26.Price to Book Value per Share RatioEltek has a P/B Ratio of 2.15. 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 Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesMay 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 LagJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 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 reportJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 13, 2024 | prnewswire.comEltek Sets Earnings Release Date and Conference Call to Report First Quarter 2024 Results on May 21, 2024May 3, 2024 | finance.yahoo.comEltek (NASDAQ:ELTK) shareholders have earned a 53% CAGR over the last five yearsApril 20, 2024 | fool.comEltek (NASDAQ: ELTK)March 27, 2024 | finance.yahoo.comEltek Announces Filing of 2023 Annual ReportMarch 23, 2024 | finance.yahoo.comEltek Ltd.'s (NASDAQ:ELTK) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?March 13, 2024 | finance.yahoo.comELTK: Eltek future growth profile supports price target of $18.00 per share.March 12, 2024 | tmcnet.comZacks Launched the Israel 150 PlatformMarch 12, 2024 | finance.yahoo.comEltek Ltd. (NASDAQ:ELTK) Q4 2023 Earnings Call TranscriptMarch 11, 2024 | finance.yahoo.comEltek Ltd. Reports Full year and Fourth Quarter 2023 Financial ResultsSee 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 Earnings5/21/2024Today7/26/2024Next Earnings (Estimated)8/19/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Printed circuit boards Sub-IndustryN/A Current SymbolNASDAQ:ELTK CUSIPN/A CIK1024672 Webwww.nisteceltek.com Phone(723) 939-5050Fax972-3934-2584Employees333Year Founded1970Profitability EPS (Most Recent Fiscal Year)$1.07 Trailing P/E Ratio9.31 Forward P/E Ratio9.14 P/E GrowthN/ANet Income$6.35 million Net Margins13.89% Pretax Margin16.83% Return on Equity23.18% Return on Assets14.02% Debt Debt-to-Equity RatioN/A Current Ratio3.22 Quick Ratio2.67 Sales & Book Value Annual Sales$46.69 million Price / Sales1.29 Cash Flow$1.28 per share Price / Cash Flow7.76 Book Value$4.59 per share Price / Book2.17Miscellaneous Outstanding Shares6,070,000Free Float1,698,000Market Cap$60.46 million OptionableNot Optionable Beta0.32 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.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 CompetitorsKey TronicNASDAQ:KTCCSigmaTron InternationalNASDAQ:SGMATempo AutomationNASDAQ:TMPOSMTCNASDAQ:SMTXJabilNYSE:JBLView All CompetitorsInstitutional OwnershipFoundry Partners LLCBought 123,905 shares on 5/9/2024Ownership: 2.041%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 on January 1st, 2024. Since then, ELTK shares have decreased by 29.2% and is now trading at $9.87. View the best growth stocks for 2024 here. How were Eltek's earnings last quarter? Eltek Ltd. (NASDAQ:ELTK) released its earnings results on Tuesday, May, 21st. The technology company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.01. The technology company earned $11.78 million during the quarter. Eltek had a net margin of 13.89% and a trailing twelve-month return on equity of 23.18%. 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.. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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