Celestica (NYSE:CLS) and Eltek (NASDAQ:ELTK) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, profitability, earnings, valuation, institutional ownership and analyst recommendations.
Institutional & Insider Ownership
65.5% of Celestica shares are owned by institutional investors. Comparatively, 2.5% of Eltek shares are owned by institutional investors. 1.0% of Celestica shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Earnings and Valuation
This table compares Celestica and Eltek’s gross revenue, earnings per share and valuation.
||Earnings Per Share
Celestica has higher revenue and earnings than Eltek.
This table compares Celestica and Eltek’s net margins, return on equity and return on assets.
||Return on Equity
||Return on Assets
Risk and Volatility
Celestica has a beta of 0.59, suggesting that its stock price is 41% less volatile than the S&P 500. Comparatively, Eltek has a beta of -0.02, suggesting that its stock price is 102% less volatile than the S&P 500.
This is a summary of recent ratings and price targets for Celestica and Eltek, as provided by MarketBeat.
||Strong Buy Ratings
Celestica currently has a consensus price target of $12.40, indicating a potential upside of 15.03%. Given Celestica’s higher possible upside, equities analysts plainly believe Celestica is more favorable than Eltek.
Celestica beats Eltek on 11 of the 11 factors compared between the two stocks.
Celestica Inc. provides design, manufacturing, hardware platform, and supply chain solutions in Canada and internationally. The company offers a range of services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, and after-market repair and return services. Its products and services are used in various applications, such as servers, networking and telecommunications equipment, storage systems, converged systems, optical equipment, aerospace and defense electronics, healthcare products and applications, semiconductor equipment, and industrial and alternative energy products. The company serves customers in the aerospace and defense, industrial, smart energy, healthcare, semiconductor equipment, consumer, communications, and enterprise end markets. Celestica Inc. was incorporated in 1996 and is headquartered in Toronto, Canada.
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs; and flexible circuitry, such as flex and flex rigid boards. It serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and other industries. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was founded in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is a subsidiary of Nistec Ltd.
Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.