Eltek Stock Price, News & Analysis (NASDAQ:ELTK) $12.11 +0.17 (+1.42%) (As of 12:48 PM ET) Add Compare Share Share Today's Range$11.90▼$12.7550-Day Range$8.83▼$14.1852-Week Range$3.84▼$14.23Volume27,213 shsAverage Volume35,966 shsMarket Capitalization$70.84 millionP/E Ratio12.23Dividend Yield1.40%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 Sentiment0.85Based on 8 Articles This WeekInsider 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.2.36 out of 5 starsComputer And Technology Sector177th out of 599 stocksPrinted Circuit Boards Industry3rd out of 9 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 1.29%, 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 17.17%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Eltek will have a dividend payout ratio of 13.71% 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 3.3 News and Social Media Coverage News SentimentEltek has a news sentiment score of 0.85. 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 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Eltek this week, compared to 1 article on an average week.MarketBeat Follows10 people have added Eltek to their MarketBeat watchlist in the last 30 days. This is an increase of 11% 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 12.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Eltek is 12.47, 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 227.53.Price to Book Value per Share RatioEltek has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued 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 HeadlinesNovember 28, 2023 | finance.yahoo.comEltek Declares a Cash Dividend of $0.22 per ShareNovember 27, 2023 | msn.comEltek (ELTK) Price Target Increased by 13.04% to 13.26November 29, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 27, 2023 | americanbankingnews.comEltek (NASDAQ:ELTK) Rating Lowered to Buy at StockNews.comNovember 23, 2023 | americanbankingnews.comZacks Small Cap Equities Analysts Increase Earnings Estimates for Eltek Ltd. (NASDAQ:ELTK)November 22, 2023 | americanbankingnews.comFY2023 EPS Estimates for Eltek Ltd. (NASDAQ:ELTK) Increased by AnalystNovember 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 29, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 20, 2023 | finance.yahoo.comEltek receives five purchase orders totaling $3.8 millionNovember 19, 2023 | americanbankingnews.comEltek (NASDAQ:ELTK) Rating Increased to Strong-Buy at StockNews.comNovember 17, 2023 | finance.yahoo.comEltek Ltd. (NASDAQ:ELTK) Q3 2023 Earnings Call TranscriptNovember 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 PriceSee 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 Earnings8/21/2023Today11/29/2023Ex-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 Ratio12.20 Forward P/E Ratio10.41 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$39.65 million Price / Sales1.78 Cash Flow$0.74 per share Price / Cash Flow16.27 Book Value$4.23 per share Price / Book2.86Miscellaneous Outstanding Shares5,850,000Free Float1,637,000Market Cap$70.67 million OptionableNot Optionable Beta-1.57 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsInterlink ElectronicsNASDAQ:LINKTransAct TechnologiesNASDAQ:TACTQuantum ComputingNASDAQ:QUBTGSI TechnologyNASDAQ:GSITSemantixNASDAQ:STIXView 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 on January 1st, 2023. Since then, ELTK shares have increased by 200.2% and is now trading at $12.35. 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 days-to-cover ratio is presently 0.4 days. Currently, 1.0% of the company's stock are sold short. 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) posted its quarterly earnings data on Monday, August, 21st. The technology company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. The technology company had revenue of $11.04 million for the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.13 EPS. How often does Eltek pay dividends? What is the dividend yield for Eltek? Eltek declared an annual dividend on Tuesday, November 28th. Investors 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 $0.17 per share and currently has a dividend yield of 1.29%. The dividend payout ratio is 17.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ELTK will have a dividend payout ratio of 13.71% 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 many different institutional and retail 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 11/29/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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