Bel Fuse Inc. (BELFB)

NASDAQ: BELFB · Real-Time Price · USD
81.01
-1.34 (-1.63%)
Dec 3, 2024, 12:06 PM EST - Market open
-1.63%
Market Cap 1.07B
Revenue (ttm) 524.94M
Net Income (ttm) 54.80M
Shares Out 10.43M
EPS (ttm) 4.32
PE Ratio 18.73
Forward PE 19.82
Dividend $0.28 (0.35%)
Ex-Dividend Date Jan 15, 2025
Volume 9,109
Open 82.33
Previous Close 82.35
Day's Range 80.75 - 82.33
52-Week Range 45.75 - 85.91
Beta 1.28
Analysts Strong Buy
Price Target 95.00 (+17.27%)
Earnings Date Oct 23, 2024

About BELFB

Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company’s products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries. It provides power solutions and protection products, including front-end power supplies, board-mount power products, industrial and transportation power products, external power products, and circuit protection products. The... [Read more]

Sector Technology
Founded 1949
Employees 5,260
Stock Exchange NASDAQ
Ticker Symbol BELFB
Full Company Profile

Financial Performance

In 2023, Bel Fuse's revenue was $639.81 million, a decrease of -2.20% compared to the previous year's $654.23 million. Earnings were $73.83 million, an increase of 40.13%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for BELFB stock is "Strong Buy." The 12-month stock price forecast is $95.0, which is an increase of 17.27% from the latest price.

Price Target
$95.0
(17.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bel Fuse Announces Upcoming Investor Conference Schedule for December 2024

WEST ORANGE, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today annou...

Other symbols: BELFA
1 day ago - GlobeNewsWire

Bel Closes Its Previously Announced Acquisition of Enercon Technologies

Acquired 80% Stake Upfront with Intent to Purchase Remaining 20% by Early 2027 Acquired 80% Stake Upfront with Intent to Purchase Remaining 20% by Early 2027

Other symbols: BELFA
19 days ago - GlobeNewsWire

Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

WEST ORANGE, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 ...

Other symbols: BELFA
5 weeks ago - GlobeNewsWire

Bel Fuse Inc. (BELFB) Q3 2024 Earnings Call Transcript

Bel Fuse Inc. (BELFB) Q3 2024 Earnings Call Transcript

Other symbols: BELFA
5 weeks ago - Seeking Alpha

Bel Reports Third Quarter 2024 Results

Sales and Gross Margin Percentage Above Mid-Point of Expected Ranges Provides Q4-24 Sales and Gross Margin Guidance

Other symbols: BELFA
5 weeks ago - GlobeNewsWire

Bel Announces Appointment of Umasankar (‘Uma”) Pingali as Global Head of Sales and Marketing

WEST ORANGE, N.J., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), today announced its appointment of Uma Pingali as Global Head of Sales an...

Other symbols: BELFA
7 weeks ago - GlobeNewsWire

Bel Fuse Schedules Third Quarter 2024 Financial Results Conference Call

WEST ORANGE, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, to...

Other symbols: BELFA
7 weeks ago - GlobeNewsWire

Bel Announces Agreement to Acquire Enercon Technologies

Significantly expands Bel's presence in the higher-margin Aerospace & Defense markets, enhancing our financial profile, expanding our product portfolio and diversifying our customer base Significantly...

Other symbols: BELFA
2 months ago - GlobeNewsWire

Bel Fuse: Still Undervalued, Even After The Stock's Strong Run

Bel Fuse remains undervalued compared to peers, with improved margins and a strong balance sheet, making it a solid opportunity. The company's focus on niche markets and profitability, led by CFO Faro...

Other symbols: BELFA
3 months ago - Seeking Alpha

Bel Fuse Stock: Inventory Issues Persist (Rating Downgrade)

Bel Fuse Inc reported Q2 earnings with a revenue decline of 21% y/y but beat EPS estimates significantly. Despite struggling top-line performance, the company improved efficiency and profitability, ma...

Other symbols: BELFA
4 months ago - Seeking Alpha

Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

WEST ORANGE, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 ...

Other symbols: BELFA
4 months ago - GlobeNewsWire

Greystone Capital Q2 2024 Letter To Clients

Greystone Capital managed separate accounts with returns ranging from +4.3% to +7.1% in Q2 2024, with a median return of +6.0%. Second quarter and year-to-date results compare both unfavorably and fav...

Other symbols: APGLMB
4 months ago - Seeking Alpha

Bel Reports Second Quarter 2024 Results

Continued Gross Margin Performance with Sales Above Mid-Point of Expected Range Provides Q3-24 Sales and Gross Margin Guidance

Other symbols: BELFA
4 months ago - GlobeNewsWire

Bel Fuse Schedules Second Quarter 2024 Financial Results Conference Call

WEST ORANGE, N.J., July 10, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, to...

Other symbols: BELFA
5 months ago - GlobeNewsWire

Bel Announces Retirement of Dennis Ackerman; Steve Dawson Appointed as President of Bel's Power and Protection Segment

WEST ORANGE, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today confirmed consistent with prior announcements that Dennis Ackerman will retire from the Company effec...

Other symbols: BELFA
5 months ago - GlobeNewsWire

Bel Fuse Announces Upcoming Investor Conference Schedule for June 2024

WEST ORANGE, N.J., May 31, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announ...

Other symbols: BELFA
6 months ago - GlobeNewsWire

Bel Fuse Announces Upcoming Investor Conference Schedule for May 2024

WEST ORANGE, N.J., May 03, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announ...

Other symbols: BELFA
7 months ago - GlobeNewsWire

Bel Fuse Inc. (BELFB) Q1 2024 Earnings Call Transcript

Bel Fuse Inc. (NASDAQ:BELFB) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Jean Marie Young - Managing Director, Three Part Advisors Daniel Bernstein - President and...

Other symbols: BELFA
7 months ago - Seeking Alpha

Bel Reports First Quarter 2024 Results

Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and Gross Margin Guidance Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and ...

Other symbols: BELFA
7 months ago - GlobeNewsWire

Bel Fuse Schedules First Quarter 2024 Financial Results Conference Call

WEST ORANGE, N.J., April 11, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, t...

Other symbols: BELFA
8 months ago - GlobeNewsWire

Bel Director John Tweedy to Retire from the Board and Not Stand for Re-election at the 2024 Annual Meeting

Bel plans to nominate David Valletta to join the Board, Former Executive Vice President of Worldwide Sales at Vishay Intertechnology Bel plans to nominate David Valletta to join the Board, Former Exec...

Other symbols: BELFA
9 months ago - GlobeNewsWire

Bel Fuse Announces Participation in the Roth Conference

WEST ORANGE, N.J., March 05, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, t...

Other symbols: BELFA
9 months ago - GlobeNewsWire

Bel Fuse's Recent Selloff Is An Investment Opportunity

Bel Fuse Inc. designs, manufactures, and supplies electronic solutions for various industries, with its Power Solutions & Protection segment being the main revenue contributor. The company's specializ...

Other symbols: BELFA
10 months ago - Seeking Alpha

Bel Fuse Inc. (BELFB) Q4 2023 Earnings Call Transcript

Bel Fuse Inc. (BELFB) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Bel Reports Fourth Quarter and Full Year 2023 Results

WEST ORANGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2023.

Other symbols: BELFA
10 months ago - GlobeNewsWire