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NASDAQ:ELTK

Eltek (ELTK) Stock Price, News & Analysis

Eltek logo
$8.22 +0.02 (+0.24%)
Closing price 03:59 PM Eastern
Extended Trading
$8.16 -0.06 (-0.67%)
As of 05:17 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Eltek Stock (NASDAQ:ELTK)

Key Stats

Today's Range
$8.11
$8.43
50-Day Range
$8.16
$11.58
52-Week Range
$8.05
$12.47
Volume
18,873 shs
Average Volume
25,278 shs
Market Capitalization
$49.89 million
P/E Ratio
9.67
Dividend Yield
2.68%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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.

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Eltek Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
82nd Percentile Overall Score

ELTK MarketRank™: 

Eltek scored higher than 82% of companies evaluated by MarketBeat, and ranked 174th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Eltek.

  • Earnings Growth

    Earnings for Eltek are expected to grow by 17.24% in the coming year, from $0.87 to $1.02 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Eltek is 9.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Eltek is 9.67, 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 38.05.

  • Price to Book Value per Share Ratio

    Eltek has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Eltek's valuation and earnings.
  • Percentage of Shares Shorted

    0.33% of the float of Eltek has been sold short.
  • Short Interest Ratio / Days to Cover

    Eltek has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eltek has recently increased by 34.18%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Eltek pays a meaningful dividend of 1.91%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Eltek does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Eltek is 34.92%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Eltek will have a dividend payout ratio of 21.57% next year. This indicates that Eltek will be able to sustain or increase its dividend.

  • Read more about Eltek's dividend.
  • Percentage of Shares Shorted

    0.33% of the float of Eltek has been sold short.
  • Short Interest Ratio / Days to Cover

    Eltek has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eltek has recently increased by 34.18%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Eltek has a news sentiment score of 0.97. 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 0.67 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Eltek this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added Eltek to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    72.02% 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 Institutions

    64.58% of the stock of Eltek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Eltek's insider trading history.
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ELTK Stock News Headlines

Eltek Full Year 2024 Earnings: Misses Expectations
Feds Just Admitted It—They Can Take Your Cash
The Government Just Said Your Money Isn't Yours That's right—According to the DOJ, YOUR hard-earned money isn't legally yours. Now, think your savings are safe? Think again.
Eltek Ltd. (ELTK) Q4 2024 Earnings Call Transcript
See More Headlines

ELTK Stock Analysis - Frequently Asked Questions

Eltek's stock was trading at $11.06 at the start of the year. Since then, ELTK shares have decreased by 25.7% and is now trading at $8.22.
View the best growth stocks for 2025 here
.

Eltek Ltd. (NASDAQ:ELTK) posted its earnings results 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. The technology company earned $10.47 million during the quarter, compared to analyst estimates of $11.90 million. Eltek had a trailing twelve-month return on equity of 15.49% and a net margin of 11.51%.

Eltek's stock 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 market closes 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.

The following companies are subsidiaries of Eltek: Eltek Europe GmbH, and Eltek USA Inc..

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Eltek investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Novo Nordisk A/S (NVO).

Company Calendar

Last Earnings
8/15/2024
Today
4/04/2025
Next Earnings (Estimated)
5/20/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Printed circuit boards
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:ELTK
Employees
260
Year Founded
1970

Profitability

Trailing P/E Ratio
9.58
Forward P/E Ratio
9.44
P/E Growth
N/A
Net Income
$6.35 million
Pretax Margin
13.89%

Debt

Sales & Book Value

Annual Sales
$46.53 million
Cash Flow
$0.96 per share
Price / Cash Flow
8.58
Book Value
$4.59 per share
Price / Book
1.79

Miscellaneous

Free Float
1,698,000
Market Cap
$49.83 million
Optionable
Not Optionable
Beta
0.58

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This page (NASDAQ:ELTK) was last updated on 4/4/2025 by MarketBeat.com Staff
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