Bel Fuse (NASDAQ:BELFB - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Thursday, April 24th. Analysts expect Bel Fuse to post earnings of $0.85 per share and revenue of $147.93 million for the quarter.
Bel Fuse (NASDAQ:BELFB - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The electronics maker reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of $0.96 by ($1.10). Bel Fuse had a net margin of 7.66% and a return on equity of 12.37%. The firm had revenue of $149.86 million for the quarter, compared to analysts' expectations of $126.41 million. During the same period in the prior year, the company earned $1.29 EPS. On average, analysts expect Bel Fuse to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Bel Fuse Stock Performance
BELFB traded down $1.03 during trading hours on Tuesday, hitting $65.73. The stock had a trading volume of 134,498 shares, compared to its average volume of 79,812. The stock has a market cap of $824.19 million, a PE ratio of 20.10, a price-to-earnings-growth ratio of 1.24 and a beta of 1.12. Bel Fuse has a 1 year low of $57.00 and a 1 year high of $92.61. The company has a quick ratio of 1.66, a current ratio of 2.92 and a debt-to-equity ratio of 0.80. The company's fifty day simple moving average is $75.20 and its 200 day simple moving average is $78.89.
Bel Fuse Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Tuesday, April 15th. Bel Fuse's dividend payout ratio (DPR) is currently 8.56%.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Craig Hallum started coverage on shares of Bel Fuse in a research note on Tuesday, March 25th. They issued a "buy" rating and a $115.00 price objective for the company. Needham & Company LLC lifted their price target on Bel Fuse from $95.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, February 20th. Finally, StockNews.com cut Bel Fuse from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Bel Fuse has a consensus rating of "Buy" and an average target price of $103.75.
View Our Latest Report on BELFB
Bel Fuse Company Profile
(
Get Free Report)
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.
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