Eltek (ELTK) Scheduled to Post Earnings on Tuesday

Eltek (NASDAQ:ELTKGet Free Report) will release its earnings data before the market opens on Tuesday, May 21st. Analysts expect Eltek to post earnings of $0.26 per share for the quarter.

Eltek (NASDAQ:ELTKGet Free Report) last posted its quarterly earnings results on Monday, March 11th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.09). Eltek had a return on equity of 26.20% and a net margin of 13.60%. The firm had revenue of $12.32 million for the quarter, compared to analyst estimates of $12.20 million. On average, analysts expect Eltek to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Eltek Trading Down 2.0 %

Shares of ELTK opened at $10.24 on Tuesday. The firm’s fifty day simple moving average is $10.94 and its 200-day simple moving average is $13.16. The firm has a market capitalization of $62.16 million, a price-to-earnings ratio of 9.57 and a beta of -1.73. Eltek has a twelve month low of $3.90 and a twelve month high of $22.80.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Eltek from a “buy” rating to a “hold” rating in a report on Monday.

View Our Latest Stock Report on Eltek

Eltek Company Profile

(Get Free Report)

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.

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Earnings History for Eltek (NASDAQ:ELTK)

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