Bel Fuse Inc. (BELFB)
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]
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 StatementsAnalyst 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.
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...
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
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 ...
Bel Fuse Inc. (BELFB) Q3 2024 Earnings Call Transcript
Bel Fuse Inc. (BELFB) Q3 2024 Earnings Call Transcript
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
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...
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...
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...
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...
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...
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 ...
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...
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
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
Bel Fuse Inc. (BELFB) Q4 2023 Earnings Call Transcript
Bel Fuse Inc. (BELFB) Q4 2023 Earnings Call Transcript
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.