S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
NASDAQ:ELTK

Eltek (ELTK) Stock Price, News & Analysis

$11.06
-0.03 (-0.27%)
(As of 03/27/2024 ET)
Today's Range
$10.92
$11.31
50-Day Range
$10.40
$22.40
52-Week Range
$3.84
$22.80
Volume
55,520 shs
Average Volume
144,691 shs
Market Capitalization
$67.13 million
P/E Ratio
10.34
Dividend Yield
1.99%
Price Target
N/A

Eltek MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.62% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.98mentions of Eltek in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.39%
From $1.12 to $1.27 Per Share

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 stars

Computer And Technology Sector

139th out of 589 stocks

Printed Circuit Boards Industry

1st out of 10 stocks

ELTK stock logo

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.

ELTK Stock Price History

ELTK Stock News Headlines

Eltek Announces Filing of 2023 Annual Report
my top trade on these 9 tickers
This 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.
Zacks Launched the Israel 150 Platform
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Eltek LtdShs hosts conference call for investors
Eltek Q4 Earnings Preview
Eltek Earnings Preview
Eltek Ltd.
Eltek Ltd
Eltek Announces Closing of $10 Million Public Offering
Eltek Announces Closing of $10 Million Public Offering
Eltek Shares Fall Premarket After Public Offering
ELTK: Eltek price target increased to $18.00 per share.
Eltek: Still Appears Cheap After A 300% Rally
Eltek (NASDAQ:ELTK) Is Very Good At Capital Allocation
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.

Company Calendar

Last Earnings
8/21/2023
Today
3/28/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
N/A
Current Symbol
NASDAQ:ELTK
Employees
294
Year Founded
1970

Profitability

Net Income
$6.35 million
Pretax Margin
15.60%

Debt

Sales & Book Value

Annual Sales
$46.69 million
Cash Flow
$0.77 per share
Book Value
$3.59 per share

Miscellaneous

Free Float
1,698,000
Market Cap
$67.13 million
Optionable
Not Optionable
Beta
-1.82

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth 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 Executives

  • Mr. Eli Yaffe (Age 69)
    Chief Executive Officer
    Comp: $643.59k
  • Mr. Ron Freund (Age 59)
    Chief Financial Officer
    Comp: $293.54k
  • Mr. Itzik Zemach (Age 48)
    Vice President of Operations
    Comp: $268.96k
  • Mr. Oriel Sallary (Age 61)
    Vice President of Worldwide Sales and Marketing
    Comp: $209.66k
  • Mr. Sagi Balter (Age 43)
    Vice President of Technology
  • Ms. Moran Aba
    HR Manager

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 Partners