NASDAQ:ELTK Eltek (ELTK) Stock Price, News & Analysis → Biden to Launch “FedNOW” [Move Your Money Now] (From Priority Gold) (Ad) Free ELTK Stock Alerts $10.83 +0.03 (+0.28%) (As of 02:24 PM ET) Add Compare Share Share Today's Range$10.66▼$10.8350-Day Range$9.73▼$13.9852-Week Range$3.90▼$22.80Volume9,996 shsAverage Volume121,665 shsMarket Capitalization$65.74 millionP/E Ratio10.12Dividend Yield2.03%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Eltek alerts: Email Address Eltek MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.94% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth13.39%From $1.12 to $1.27 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.4.24 out of 5 starsComputer And Technology Sector117th out of 592 stocksPrinted Circuit Boards Industry2nd out of 10 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Eltek. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.94% of the float of Eltek has been sold short.Short Interest Ratio / Days to CoverEltek has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eltek has recently decreased by 33.40%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldEltek pays a meaningful dividend of 2.03%, 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 17.32% 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 2.5 News and Social Media Coverage News SentimentEltek has a news sentiment score of 0.50. 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 0.36 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Eltek this week, compared to 1 article on an average week.Search Interest3 people have searched for ELTK on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Eltek to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days. 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Eltek are expected to grow by 13.39% in the coming year, from $1.12 to $1.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eltek is 10.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Eltek is 10.12, 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 239.26.Price to Book Value per Share RatioEltek has a P/B Ratio of 2.36. 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 Ad Banyan Hill PublishingREAD THIS – If You Missed Out On The AI BoomAdam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”Click on Adam's shiny forehead for more details. 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 HeadlinesApril 27, 2024 | americanbankingnews.comEltek (NASDAQ:ELTK) Upgraded at StockNews.comApril 20, 2024 | fool.comEltek (NASDAQ: ELTK)May 2, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...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 TranscriptMay 2, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...March 11, 2024 | finance.yahoo.comEltek Ltd. Reports Full year and Fourth Quarter 2023 Financial ResultsMarch 10, 2024 | markets.businessinsider.comEltek LtdShs hosts conference call for investorsMarch 8, 2024 | msn.comEltek Q4 Earnings PreviewMarch 8, 2024 | benzinga.comEltek Earnings PreviewFebruary 29, 2024 | finance.yahoo.comEltek Sets Earnings Release Date and Conference Call to Report Fourth Quarter 2023 and Annual Results on March 11, 2024February 28, 2024 | wsj.comEltek Ltd.February 24, 2024 | msn.comEltek (ELTK) Price Target Increased by 15.38% to 15.30February 20, 2024 | money.usnews.comEltek LtdFebruary 15, 2024 | finance.yahoo.comEltek Announces Closing of $10 Million Public OfferingFebruary 15, 2024 | prnewswire.comEltek Announces Closing of $10 Million Public OfferingFebruary 13, 2024 | marketwatch.comEltek Shares Fall Premarket After Public OfferingFebruary 11, 2024 | finance.yahoo.comIndividual investors own 35% of Eltek Ltd. (NASDAQ:ELTK) shares but private companies control 57% of the companyFebruary 2, 2024 | msn.comFlex Ltd Stock Earns A Composite Rating Upgrade To 97February 1, 2024 | finance.yahoo.comELTK: Eltek price target increased to $18.00 per share.January 22, 2024 | seekingalpha.comEltek: Still Appears Cheap After A 300% RallyJanuary 6, 2024 | finance.yahoo.comEltek (NASDAQ:ELTK) Is Very Good At Capital AllocationJanuary 3, 2024 | finance.yahoo.comEltek Ltd. (ELTK) Stock Historical Prices & Data - Yahoo FinanceDecember 18, 2023 | finance.yahoo.comEltek placed purchase orders for $4.5 million in connection with the expansion of its production capabilities.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 Earnings3/11/2024Today5/02/2024Next Earnings (Estimated)5/16/2024Fiscal 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 Ratio10.09 Forward P/E Ratio9.64 P/E GrowthN/ANet Income$6.35 million Net Margins13.60% Pretax Margin16.53% Return on Equity26.20% Return on Assets14.77% Debt Debt-to-Equity RatioN/A Current Ratio2.15 Quick Ratio1.71 Sales & Book Value Annual Sales$46.69 million Price / Sales1.40 Cash Flow$1.33 per share Price / Cash Flow8.14 Book Value$4.59 per share Price / Book2.35Miscellaneous Outstanding Shares6,070,000Free Float1,698,000Market Cap$65.56 million OptionableNot Optionable Beta-1.84 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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:SGMALeddarTechNASDAQ:LDTCSynchronoss TechnologiesNASDAQ:SNCRAmerican Battery TechnologyNASDAQ:ABATView All CompetitorsInstitutional OwnershipSunbelt Securities Inc.Bought 2,945 shares on 4/15/2024Ownership: 0.153%Quadrature Capital LtdBought 27,101 shares on 3/25/2024Ownership: 0.446%Navellier & Associates Inc.Bought 42,178 shares on 2/8/2024Ownership: 1.399%Jump Financial LLCBought 13,100 shares on 2/7/2024Ownership: 0.224%View All Institutional Transactions ELTK Stock Analysis - Frequently Asked Questions How have ELTK shares performed in 2024? Eltek's stock was trading at $13.95 on January 1st, 2024. Since then, ELTK shares have decreased by 22.4% and is now trading at $10.83. View the best growth stocks for 2024 here. Are investors shorting Eltek? Eltek saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 63,000 shares, a decline of 33.4% from the March 31st total of 94,600 shares. Based on an average daily trading volume, of 133,800 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.9% of the shares of the 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, May 16th 2024. View our ELTK earnings forecast. How were Eltek's earnings last quarter? Eltek Ltd. (NASDAQ:ELTK) posted its earnings results on Monday, March, 11th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.09. The technology company earned $12.32 million during the quarter, compared to analysts' expectations of $12.20 million. Eltek had a trailing twelve-month return on equity of 26.20% and a net margin of 13.60%. How often does Eltek pay dividends? What is the dividend yield for Eltek? Eltek announced an annual dividend on Tuesday, November 28th. Shareholders of record on Wednesday, December 13th will be paid a dividend of $0.22 per share on Thursday, December 21st. This represents a dividend 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 2.03%. The dividend payout ratio is 20.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ELTK will have a dividend payout ratio of 17.32% 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? Shares of Eltek reverse split on the morning of 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 variety of institutional and retail investors. Top institutional investors include Sunbelt Securities Inc. (0.15%). 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. 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 5/2/2024 by MarketBeat.com Staff From Our PartnersAI finds its first serious applicationWall Street StarHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlaceA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsThe biggest energy story ever? 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