Eltek (NASDAQ:ELTK - Get Free Report) is set to issue its quarterly earnings data before the market opens on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.
Eltek (NASDAQ:ELTK - Get Free Report) last posted its quarterly earnings data on Thursday, August 15th. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.14). Eltek had a return on equity of 18.75% and a net margin of 12.85%. The firm had revenue of $10.47 million for the quarter, compared to analysts' expectations of $11.90 million. During the same quarter in the previous year, the firm posted $0.22 earnings per share. On average, analysts expect Eltek to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Eltek Stock Up 1.5 %
Shares of Eltek stock traded up $0.17 on Wednesday, hitting $11.17. 16,134 shares of the company traded hands, compared to its average volume of 62,836. The company has a 50-day moving average price of $10.70 and a 200 day moving average price of $10.54. Eltek has a 12-month low of $9.00 and a 12-month high of $22.80. The company has a market cap of $67.80 million, a PE ratio of 11.60 and a beta of 0.45.
Eltek Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Eltek, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eltek wasn't on the list.
While Eltek currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.