The latest update is out from Eltek ( (ELTK) ).
On April 8, 2025, Eltek Ltd. announced that its Board of Directors declared a cash dividend of $0.19 per share, totaling approximately $1.3 million, payable on April 29, 2025. This decision, which exceeds the company’s dividend policy, reflects Eltek’s strong financial position and confidence in future growth, aiming to deliver long-term value to shareholders while maintaining a solid financial foundation.
Spark’s Take on ELTK Stock
According to Spark, TipRanks’ AI Analyst, ELTK is a Neutral.
Eltek’s overall score reflects solid financial performance but is tempered by technical weaknesses and operational challenges highlighted in the earnings call. While the valuation is favorable, the revenue decline, negative Free Cash Flow, and bearish technical indicators warrant a cautious approach.
To see Spark’s full report on ELTK stock, click here.
More about Eltek
Eltek Ltd. is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), specializing in complex and high-quality PCBs, HDI, multilayered, and flex-rigid boards for the high-end market. The company serves leading companies in the defense, aerospace, and medical industries across Israel, the United States, Europe, and Asia. Founded in 1970, Eltek is headquartered in Israel and operates through a subsidiary in North America and agents and distributors worldwide.
YTD Price Performance: -26.76%
Average Trading Volume: 15,016
Technical Sentiment Signal: Buy
Current Market Cap: $55.19M
Learn more about ELTK stock on TipRanks’ Stock Analysis page.