Bel Fuse (BELFB) Stock Price, News & Analysis

Company Overview

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 company also offers connectivity solutions, such as expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity products. In addition, it provides magnetic solutions comprising integrated connector modules, power transformers, SMD power inductors and SMPS transformers, and ethernet discrete components. The company sells its products through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally. Bel Fuse Inc. was incorporated in 1949 and is headquartered in West Orange, New Jersey.

Key Stats

• Today's Range: $77.78 to $79.86
• 50-Day Range: $68.93 to $85.00
• 52-Week Range: $45.74 to $85.91
• Volume: 68,131 shs
• Average Volume: 91,290 shs
• Market Capitalization: $996.60 million
• P/E Ratio: 18.21
• Dividend Yield: 0.35%
• Price Target: $95.00
• Consensus Rating: Buy

Bel Fuse Stock Analysis - MarketRank™

Bel Fuse scored higher than 82% of companies evaluated by MarketBeat, and ranked 205th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Buy

Consensus Rating

Bel Fuse has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bel Fuse has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.02%

Earnings Growth

Earnings for Bel Fuse are expected to grow by 15.02% in the coming year, from $4.26 to $4.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bel Fuse is 18.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bel Fuse is 18.21, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 249.93.

Price to Book Value per Share Ratio

Bel Fuse has a P/B Ratio of 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.90% of the float of Bel Fuse has been sold short.

Short Interest Ratio / Days to Cover

Bel Fuse has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Bel Fuse has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Bel Fuse has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bel Fuse does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Bel Fuse is 6.42%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bel Fuse will have a dividend payout ratio of 5.71% next year. This indicates that Bel Fuse will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.90% of the float of Bel Fuse has been sold short.

Short Interest Ratio / Days to Cover

Bel Fuse has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Bel Fuse has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.36

News Sentiment

Bel Fuse has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Bel Fuse this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for BELFB on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Bel Fuse to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Bel Fuse insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $116,475.00 in company stock.

Percentage Held by Insiders

Only 5.37% of the stock of Bel Fuse is held by insiders.

Percentage Held by Institutions

58.39% of the stock of Bel Fuse is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BELFB Stock Analysis - Frequently Asked Questions

How have BELFB shares performed this year?

Bel Fuse's stock was trading at $66.77 at the beginning of 2024. Since then, BELFB shares have increased by 18.9% and is now trading at $79.41.
View the best growth stocks for 2024 here.

How were Bel Fuse's earnings last quarter?

Bel Fuse Inc. (NASDAQ:BELFB) posted its quarterly earnings data on Wednesday, July, 24th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.58. The electronics maker earned $133.21 million during the quarter, compared to analysts' expectations of $130.27 million. Bel Fuse had a net margin of 10.44% and a trailing twelve-month return on equity of 17.97%.

Does Bel Fuse have any subsidiaries?

Bel Fuse subsidiaries include these companies: Power-One, Array Aerospace, TE Connectivity - Transpower Magnetics Business, Transpower Technologies, Fibreco, Powerbox Italia S.r.L, Gigacom Interconnect, and others.

Who are Bel Fuse's major shareholders?

Top institutional shareholders of Bel Fuse include Royce & Associates LP (3.48%), Geode Capital Management LLC (2.31%), Janus Henderson Group PLC (2.04%) and State Street Corp (1.80%). Insiders that own company stock include Raymond Cheung, Daniel Bernstein, Peter E Gilbert, Stephen Dawson, Kenneth Koon Keung Lai, Sherry L Urban, Dennis Ackerman, Vincent Vellucci and Farouq Salem Ali Tuweiq.
View institutional ownership trends.

How do I buy shares of Bel Fuse?

Shares of BELFB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/24/2024
• Ex-Dividend for 11/1 Dividend: 10/15/2024
• Dividend Payable: 11/01/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Electronic coils & transformers
• Sub-Industry: Communications Equipment
• Current Symbol: NASDAQ:BELFB
• CUSIP: 07734730
• CIK: 729580
• Web: www.belfuse.com
• Phone: (201) 432-0463
• Fax: 201-432-9542
• Employees: 5,260
• Year Founded: 1949

Price Target and Rating

• Average Stock Price Target: $95.00
• High Stock Price Target: $95.00
• Low Stock Price Target: $95.00
• Potential Upside/Downside: +19.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.36
• Trailing P/E Ratio: 18.21
• Forward P/E Ratio: 18.64
• P/E Growth: N/A
• Net Income: $73.83 million
• Net Margins: 10.44%
• Pretax Margin: 12.94%
• Return on Equity: 17.97%
• Return on Assets: 11.12%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 4.00
• Quick Ratio: 2.71

Sales & Book Value

• Annual Sales: $639.81 million
• Price / Sales: 1.56
• Cash Flow: $8.09 per share
• Price / Cash Flow: 9.81
• Book Value: $29.28 per share
• Price / Book: 2.71

Miscellaneous

• Outstanding Shares: 12,550,000
• Free Float: 11,871,000
• Market Cap: $996.60 million
• Optionable: Optionable
• Beta: 1.35