NASDAQ:ELTK Eltek (ELTK) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free ELTK Stock Alerts $11.13 +0.03 (+0.27%) (As of 03:59 PM ET) Add Compare Share Share Today's Range$10.67▼$11.1550-Day Range$9.73▼$16.2152-Week Range$3.90▼$22.80Volume17,332 shsAverage Volume127,441 shsMarket Capitalization$67.56 millionP/E Ratio10.40Dividend Yield1.98%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 InterestHealthy1.94% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.28Based 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.3.98 out of 5 starsComputer And Technology Sector265th out of 586 stocksElectronic Components Industry1st out of 1 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Eltek. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.94% of the float of Eltek has been sold short.Short Interest Ratio / Days to CoverEltek has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eltek has recently decreased by 33.40%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldEltek pays a meaningful dividend of 2.04%, 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 1.5 News and Social Media Coverage News SentimentEltek has a news sentiment score of -0.28. 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 lower news sentiment than the 0.43 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 Interest3 people have searched for ELTK on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Eltek to their MarketBeat watchlist in the last 30 days. This is a decrease of -92% 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 10.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Eltek is 10.40, 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 243.35.Price to Book Value per Share RatioEltek has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. 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 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.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 HeadlinesApril 21, 2024 | americanbankingnews.comEltek (NASDAQ:ELTK) Rating Lowered to Hold at StockNews.comApril 20, 2024 | fool.comEltek (NASDAQ: ELTK)April 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.March 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 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 TranscriptApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.March 11, 2024 | finance.yahoo.comEltek Ltd. Reports Full year and Fourth Quarter 2023 Financial ResultsMarch 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.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. Email Address Company Calendar Last Earnings3/11/2024Today4/25/2024Next 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 Ratio10.37 Forward P/E Ratio9.91 P/E GrowthN/ANet Income$6.35 million Net Margins13.60% Pretax Margin16.53% Return on Equity26.20% Return on Assets14.77% Debt Debt-to-Equity RatioN/A Current Ratio2.15 Quick Ratio1.71 Sales & Book Value Annual Sales$46.69 million Price / Sales1.44 Cash Flow$1.35 per share Price / Cash Flow8.24 Book Value$4.59 per share Price / Book2.42Miscellaneous Outstanding Shares6,070,000Free Float1,698,000Market Cap$67.38 million OptionableNot Optionable Beta-1.84 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Eli Yaffe (Age 69)Chief Executive Officer Comp: $589.17kMr. Ron Freund (Age 59)Chief Financial Officer Comp: $281.03kMr. Yitzhak Zemach (Age 48)Vice President of Operations Comp: $284.73kMr. Oriel Sallary (Age 61)Vice President of Worldwide Sales and Marketing Comp: $222.83kMr. Sagi Balter (Age 43)Vice President of Technology Ms. Moran AbaHR ManagerMr. Shlomi Kisluk (Age 49)Vice President of Quality Assurance More ExecutivesKey CompetitorsKey TronicNASDAQ:KTCCSigmaTron InternationalNASDAQ:SGMAAmtech SystemsNASDAQ:ASYSKORE GroupNYSE:KOREAmerican Battery TechnologyNASDAQ:ABATView All CompetitorsInstitutional OwnershipSunbelt Securities Inc.Bought 2,945 shares on 4/15/2024Ownership: 0.153%Quadrature Capital LtdBought 27,101 shares on 3/25/2024Ownership: 0.446%Navellier & Associates Inc.Bought 42,178 shares on 2/8/2024Ownership: 1.399%Jump Financial LLCBought 13,100 shares on 2/7/2024Ownership: 0.224%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 20.2% and is now trading at $11.13. View the best growth stocks for 2024 here. Are investors shorting Eltek? Eltek saw a decrease in short interest in April. As of April 15th, there was short interest totaling 63,000 shares, a decrease of 33.4% from the March 31st total of 94,600 shares. Based on an average daily trading volume, of 133,800 shares, the short-interest ratio is currently 0.5 days. Approximately 1.9% of the shares of the company 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) released its earnings results on Monday, March, 11th. The technology company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.09. The technology company earned $12.32 million during the quarter, compared to analysts' expectations of $12.20 million. Eltek had a trailing twelve-month return on equity of 26.20% and a net margin of 13.60%. 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 dividend 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 2.04%. 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 shares 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. 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 investors include Sunbelt Securities Inc. (0.15%). 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 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldThese AI trades triggered this morning (545% return)Prosper Trading AcademyHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithYour Money is Not SafeAmerican Alternative 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. 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