NASDAQ:ELTK

Eltek Stock Forecast, Price & News

$5.77

+0.17 (+3.04 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

$5.62

Now: $5.77▼

$5.90

50-Day Range

$4.67

MA: $4.95▼

$5.63

52-Week Range

$2.28

Now: $5.77▼

$6.93

Volume16,842 shs

Average Volume19,704 shs

Market Capitalization$11.71 million

P/E Ratio11.54

Dividend YieldN/A

Beta-2.54

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs; and flexible circuitry, such as flex and flex-rigid 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 founded in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Golan Ltd.

Overall MarketRank^™

0.77 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Eltek.

2.6 Community Rank

Outperform Votes
Eltek has received 133 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Eltek has received 120 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Eltek has received 52.57% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Eltek and other stocks. Vote “Outperform” if you believe ELTK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ELTK will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Eltek does not currently pay a dividend.
Dividend Growth
Eltek does not have a long track record of dividend growth.

0.0 Company Ownership

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

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Eltek is 11.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eltek is 11.54, 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 80.72.
Price to Book Value per Share Ratio
Eltek has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Printed circuit boards

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:ELTK

Previous Symbol

CUSIPN/A

CIK1024672

Webwww.nisteceltek.com

Phone972-3939-5025

Employees286

Debt

Debt-to-Equity Ratio0.17

Current Ratio1.16

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio11.54

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$34.79 million

Price / Sales0.34

Cash Flow$1.75 per share

Price / Cash Flow3.30

Book Value$3.09 per share

Price / Book1.87

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$1.79 million

Net Margins6.18%

Return on Equity30.80%

Return on Assets9.70%

Miscellaneous

Outstanding Shares2,030,000

Market Cap$11.71 million

Next Earnings Date4/26/2021 (Estimated)

OptionableNot Optionable

$5.77

+0.17 (+3.04 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Eltek (NASDAQ:ELTK) Frequently Asked Questions

How has Eltek's stock been impacted by COVID-19 (Coronavirus)?

Eltek's stock was trading at $2.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ELTK stock has increased by 106.1% and is now trading at $5.77.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Eltek?

Wall Street analysts have given Eltek a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Eltek wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Eltek's next earnings date?

Eltek is scheduled to release its next quarterly earnings announcement on Monday, April 26th 2021.
View our earnings forecast for Eltek.

How were Eltek's earnings last quarter?

Eltek Ltd. (NASDAQ:ELTK) issued its quarterly earnings results on Wednesday, November, 18th. The technology company reported $0.14 EPS for the quarter. The technology company earned $9.26 million during the quarter. Eltek had a return on equity of 30.80% and a net margin of 6.18%.
View Eltek's earnings history.

When did Eltek's stock split? How did Eltek's stock split work?

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 market closes on Tuesday, November 21st 2017. An investor that had 100 shares of Eltek stock prior to the reverse split would have 20 shares after the split.

Are investors shorting Eltek?

Eltek saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 5,400 shares, a decrease of 72.4% from the December 15th total of 19,600 shares. Based on an average daily trading volume, of 37,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the company's shares are short sold.
View Eltek's Short Interest.

Who are some of Eltek's key competitors?

Some companies that are related to Eltek include Flex (FLEX), Jabil (JBL), Plexus (PLXS), Sanmina (SANM), TTM Technologies (TTMI), CTS (CTS), Celestica (CLS), Benchmark Electronics (BHE), Kimball Electronics (KE), SMTC (SMTX), IEC Electronics (IEC), Key Tronic (KTCC), Nano Dimension (NNDM) and SigmaTron International (SGMA).
View all of ELTK's competitors.

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), (CGC), Energy Transfer (ET), Nokia (NOK), Pfizer (PFE), Plug Power (PLUG), AbbVie (ABBV), Actinium Pharmaceuticals (ATNM) and Cara Therapeutics (CARA).

Who are Eltek's key executives?

Eltek's management team includes the following people:

Mr. Eli Yaffe, Chief Exec. Officer (Age 65, Pay $479.55k)
Mr. Alon Mualem, CFO & VP of Fin. (Age 53, Pay $241.42k)
Mr. Yitzhak Zemach, Director of Operations (Age 44, Pay $184.2k)
Mr. Assi Bachar, Chief Information Officer & Procurement officer (Age 52)

What is Eltek's stock symbol?

Eltek trades on the NASDAQ under the ticker symbol "ELTK."

How do I buy shares of Eltek?

Shares of ELTK 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.

What is Eltek's stock price today?

One share of ELTK stock can currently be purchased for approximately $5.77.

How big of a company is Eltek?

Eltek has a market capitalization of $11.71 million and generates $34.79 million in revenue each year. Eltek employs 286 workers across the globe.

What is Eltek's official website?

The official website for Eltek is www.nisteceltek.com.

How can I contact Eltek?

Eltek's mailing address is 20 BEN ZION GELIS STREET SGOOLA INDUSTRIAL ZONE, PETACH TIKVA L3, 4927920. The technology company can be reached via phone at 972-3939-5025 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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Eltek Stock Forecast, Price & News

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