Eltek (NASDAQ:ELTK) Vs. JBL, FLEX, SANM, PLXS, TTMI, CLS, CTS, BHE, NNDM, and KE
Should you be buying Eltek stock or one of its competitors? The main competitors of Eltek include Jabil (JBL), Flex (FLEX), Sanmina (SANM), Plexus (PLXS), TTM Technologies (TTMI), Celestica (CLS), CTS (CTS), Benchmark Electronics (BHE), Nano Dimension (NNDM), and Kimball Electronics (KE). These companies are all part of the "printed circuit boards" industry.These companies are all part of the "printed circuit boards" industry.
Eltek vs.
Eltek (NASDAQ:ELTK) and Jabil (NYSE:JBL) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, risk, community ranking, valuation and institutional ownership.
2.6% of Eltek shares are held by institutional investors. Comparatively, 79.7% of Jabil shares are held by institutional investors. 2.6% of Jabil shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Jabil received 489 more outperform votes than Eltek when rated by MarketBeat users. Likewise, 67.46% of users gave Jabil an outperform vote while only 64.56% of users gave Eltek an outperform vote.
Eltek has a beta of -2.11, meaning that its stock price is 311% less volatile than the S&P 500. Comparatively, Jabil has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500.
In the previous week, Jabil had 3 more articles in the media than Eltek. MarketBeat recorded 8 mentions for Jabil and 5 mentions for Eltek. Eltek's average media sentiment score of 0.52 beat Jabil's score of 0.51 indicating that Eltek is being referred to more favorably in the media.
Jabil has a consensus target price of $78.00, suggesting a potential upside of 33.58%. Given Jabil's higher probable upside, analysts clearly believe Jabil is more favorable than Eltek.
Eltek has a net margin of 14.36% compared to Jabil's net margin of 2.63%. Jabil's return on equity of 36.62% beat Eltek's return on equity.
Jabil has higher revenue and earnings than Eltek. Eltek is trading at a lower price-to-earnings ratio than Jabil, indicating that it is currently the more affordable of the two stocks.
Summary
Jabil beats Eltek on 14 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding ELTK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Eltek (NASDAQ:ELTK) vs. Its Competitors
