NASDAQ:ELTK Eltek (ELTK) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Buy ELTK with Qtrade Free ELTK Stock Alerts $11.06 -0.03 (-0.27%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$10.92▼$11.3150-Day Range$10.40▼$22.4052-Week Range$3.84▼$22.80Volume55,520 shsAverage Volume144,691 shsMarket Capitalization$67.13 millionP/E Ratio10.34Dividend Yield1.99%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 InterestHealthy2.62% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.98Based on 4 Articles This WeekInsider 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.3.84 out of 5 starsComputer And Technology Sector139th out of 589 stocksPrinted Circuit Boards Industry1st out of 10 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Eltek. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.62% of the float of Eltek has been sold short.Short Interest Ratio / Days to CoverEltek has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eltek has recently increased by 60.81%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEltek pays a meaningful dividend of 1.90%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEltek has only been increasing its dividend for 1 years.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 2.8 News and Social Media Coverage News SentimentEltek has a news sentiment score of 0.98. 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 0.59 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Eltek this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for ELTK on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Eltek to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% 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 10.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Eltek is 10.34, 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 237.73.Price to Book Value per Share RatioEltek has a P/B Ratio of 3.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThe AI Defense Stock Set to SoarTo protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.Here's how you can invest >>> 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 offers high density interconnect, flex-rigid, and multi-layered 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 incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is 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 HeadlinesMarch 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 28, 2024 | DTI (Ad)my top trade on these 9 tickersThis indicator is uniquely designed to spot the most significant moves in the top stocks out there (and according to our backtesting it has historically nailed these moves with a stunning 90% accuracy). Now, most folks have been saying NVDA is way overbought or overpriced. They didn’t want to “buy at the top” 6 weeks ago… Or again 4 weeks ago… or again 2 weeks ago… And it’s not their fault! That’s what all the talking heads were saying too. But the Apex Indicator would have clearly shown that these were opportunities to buy. And, sure enough, Nvidia slammed through the recommended targets again and again.March 18, 2024 | americanbankingnews.comEltek Ltd. (NASDAQ:ELTK) Forecasted to Post Q1 2024 Earnings of $0.26 Per ShareMarch 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 TranscriptMarch 11, 2024 | finance.yahoo.comEltek Ltd. Reports Full year and Fourth Quarter 2023 Financial ResultsMarch 28, 2024 | DTI (Ad)Warning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. 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If that sounds interesting…March 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.December 7, 2023 | finance.yahoo.comEltek (NASDAQ:ELTK) Could Be A Buy For Its Upcoming DividendSee 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 Earnings8/21/2023Today3/28/2024Next 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) 939-5050Fax972-3934-2584Employees294Year Founded1970Profitability EPS (Most Recent Fiscal Year)$1.07 Trailing P/E Ratio10.34 Forward P/E Ratio9.88 P/E GrowthN/ANet Income$6.35 million Net Margins13.60% Pretax Margin15.60% Return on Equity27.18% Return on Assets15.26% Debt Debt-to-Equity RatioN/A Current Ratio2.43 Quick Ratio1.95 Sales & Book Value Annual Sales$46.69 million Price / Sales1.44 Cash Flow$0.77 per share Price / Cash Flow14.33 Book Value$3.59 per share Price / Book3.08Miscellaneous Outstanding Shares6,070,000Free Float1,698,000Market Cap$67.13 million OptionableNot Optionable Beta-1.82 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: $643.59kMr. Ron Freund (Age 59)Chief Financial Officer Comp: $293.54kMr. Itzik Zemach (Age 48)Vice President of Operations Comp: $268.96kMr. Oriel Sallary (Age 61)Vice President of Worldwide Sales and Marketing Comp: $209.66kMr. Sagi Balter (Age 43)Vice President of Technology Ms. Moran AbaHR ManagerMore ExecutivesKey CompetitorsSigmaTron InternationalNASDAQ:SGMAOne Stop SystemsNASDAQ:OSSauthIDNASDAQ:AUIDCoda Octopus GroupNASDAQ:CODAFlux PowerNASDAQ:FLUXView All CompetitorsInstitutional OwnershipQuadrature Capital LtdBought 27,101 shares on 3/25/2024Ownership: 0.446%Citadel Advisors LLCBought 25,001 shares on 2/15/2024Ownership: 0.427%Quadrature Capital LtdBought 27,101 shares on 2/14/2024Ownership: 0.463%UBS Group AGBought 832 shares on 2/9/2024Ownership: 0.270%Navellier & Associates Inc.Bought 42,178 shares on 2/8/2024Ownership: 1.399%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 at the beginning of 2024. Since then, ELTK stock has decreased by 20.7% and is now trading at $11.06. View the best growth stocks for 2024 here. Are investors shorting Eltek? Eltek saw a increase in short interest in March. As of March 15th, there was short interest totaling 83,300 shares, an increase of 60.8% from the February 29th total of 51,800 shares. Based on an average daily volume of 147,300 shares, the days-to-cover ratio is presently 0.6 days. Currently, 2.6% of the company's 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) released its earnings results on Monday, August, 21st. The technology company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.02. The technology company had revenue of $11.04 million for the quarter, compared to analyst estimates of $10.90 million. Eltek had a trailing twelve-month return on equity of 27.18% and a net margin of 13.60%. During the same period last year, the firm earned $0.13 earnings per share. How often does Eltek pay dividends? What is the dividend yield for Eltek? Eltek declared an annual dividend on Tuesday, November 28th. Shareholders of record on Wednesday, December 13th will be given a dividend of $0.22 per share on Thursday, December 21st. This represents a yield of 1.76%. The ex-dividend date of this dividend 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 1.90%. The company does not yet have a strong track record of dividend growth. 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? 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 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 many different institutional and retail investors. Top institutional shareholders include Navellier & Associates Inc. (1.40%), Quadrature Capital Ltd (0.46%), Quadrature Capital Ltd (0.45%), Citadel Advisors LLC (0.43%), Heron Bay Capital Management (0.30%) and UBS Group AG (0.27%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eltek Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. 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