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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:ELTK

Eltek (ELTK) Stock Price, News & Analysis

$11.14
+0.08 (+0.72%)
(As of 03/28/2024 ET)
Today's Range
$10.95
$11.41
50-Day Range
$10.40
$22.40
52-Week Range
$3.84
$22.80
Volume
40,026 shs
Average Volume
149,155 shs
Market Capitalization
$67.62 million
P/E Ratio
10.41
Dividend Yield
1.97%
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
0.88mentions 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.

4.01 out of 5 stars

Computer And Technology Sector

178th out of 589 stocks

Printed Circuit Boards Industry

3rd 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
Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
Zacks Launched the Israel 150 Platform
Eltek LtdShs hosts conference call for investors
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
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
Eltek Declares a Cash Dividend of $0.22 per Share
See More Headlines
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Company Calendar

Last Earnings
8/21/2023
Today
3/29/2024
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
$0.81 per share
Book Value
$3.59 per share

Miscellaneous

Free Float
1,698,000
Market Cap
$67.62 million
Optionable
Not Optionable
Beta
-1.82

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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 on January 1st, 2024. Since then, ELTK stock has decreased by 20.1% and is now trading at $11.14.
View the best growth stocks for 2024 here
.

Are investors shorting Eltek?

Eltek saw a increase in short interest during the month of 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 trading volume, of 147,300 shares, the days-to-cover ratio is presently 0.6 days. Approximately 2.6% of the shares of the stock are short sold.
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) issued 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 the consensus estimate 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 quarter in the previous year, the business posted $0.13 earnings per share.

How often does Eltek pay dividends? What is the dividend yield for Eltek?

Eltek announced an annual dividend on Tuesday, November 28th. Stockholders 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 1.98%. 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?

Shares of Eltek reverse split on 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.

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 retail and institutional 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 3/29/2024 by MarketBeat.com Staff

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