Analysts Issue Forecasts for Bel Fuse Q2 Earnings

Key Points

• Northland Securities lowered Bel Fuse’s Q2 2027 EPS forecast to $2.04 from $2.05, while the consensus full-year estimate stands at $6.89 per share.
• Bel Fuse recently reported quarterly EPS of $1.83, missing analyst expectations of $2.72, although revenue of $220.51 million exceeded forecasts of $215.74 million.
• Analyst sentiment remains positive, with six Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $320.67; the stock recently traded at $235.04.

Bel Fuse Inc. (NASDAQ:BELFB - Free Report) - Research analysts at Northland Securities reduced their Q2 2027 earnings per share estimates for Bel Fuse in a report issued on Friday, October 30th. Northland Securities analyst B. Brooks now expects that the electronics maker will earn $2.04 per share for the quarter, down from their prior forecast of $2.05. The consensus estimate for Bel Fuse's current full-year earnings is $6.89 per share.

BELFB has been the subject of a number of other reports. Wall Street Zen raised Bel Fuse from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Needham & Company LLC began coverage on Bel Fuse in a research report on Friday. They set a "buy" rating and a $300.00 price target on the stock. B. Riley Financial assumed coverage on Bel Fuse in a research note on Tuesday, July 14th. They issued a "buy" rating for the company. Citigroup began coverage on Bel Fuse in a report on Monday, July 13th. They issued a "buy" rating for the company. Finally, JPMorgan Chase & Co. raised their target price on shares of Bel Fuse from $330.00 to $360.00 and gave the stock an "overweight" rating in a research report on Friday. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Bel Fuse presently has a consensus rating of "Moderate Buy" and an average target price of $320.67.

Bel Fuse Stock Performance

BELFB opened at $235.04 on Tuesday. Bel Fuse has a one year low of $133.71 and a one year high of $335.29. The stock has a market capitalization of $3.39 billion, a P/E ratio of 55.96, a price-to-earnings-growth ratio of 2.46 and a beta of 1.67. The business's 50-day simple moving average is $238.61 and its 200-day simple moving average is $247.94.

Bel Fuse (NASDAQ:BELFB - Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The electronics maker reported $1.83 earnings per share for the quarter, missing analysts' consensus estimates of $2.72 by ($0.89). The company had revenue of $220.51 million during the quarter, compared to analysts' expectations of $215.74 million. Bel Fuse had a net margin of 7.34% and a return on equity of 9.76%.

Hedge Funds Weigh In On Bel Fuse

Large investors have recently modified their holdings of the business. Wasatch Advisors LP boosted its stake in shares of Bel Fuse by 2.2% in the second quarter. Wasatch Advisors LP now owns 489,414 shares of the electronics maker's stock valued at $162,994,000 after buying an additional 10,705 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in Bel Fuse by 22.7% in the first quarter. Janus Henderson Group PLC now owns 760,141 shares of the electronics maker's stock valued at $150,587,000 after acquiring an additional 140,804 shares during the period. Tidal Investments LLC lifted its holdings in Bel Fuse by 49.4% in the second quarter. Tidal Investments LLC now owns 211,805 shares of the electronics maker's stock valued at $70,540,000 after acquiring an additional 70,014 shares during the period. Tema ETFs LLC lifted its holdings in Bel Fuse by 52.2% in the second quarter. Tema ETFs LLC now owns 202,849 shares of the electronics maker's stock valued at $67,557,000 after acquiring an additional 69,531 shares during the period. Finally, Congress Asset Management Co. purchased a new stake in shares of Bel Fuse during the 3rd quarter worth $63,101,000. 58.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Vincent Vellucci sold 1,000 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $235.15, for a total transaction of $235,150.00. Following the completion of the transaction, the director directly owned 7,434 shares of the company's stock, valued at $1,748,105.10. This represents a 11.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Peter E. Gilbert sold 500 shares of the firm's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $292.12, for a total transaction of $146,060.00. Following the completion of the sale, the director owned 750 shares of the company's stock, valued at approximately $219,090. The trade was a 40.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,893 shares of company stock valued at $476,949 over the last three months. 5.37% of the stock is currently owned by corporate insiders.

Bel Fuse Company Profile

Bel Fuse Inc is a designer, manufacturer and supplier of products that power, protect and connect electronic circuits. The company's portfolio includes circuit protection devices, magnetic components, interconnect products, power supplies, power conversion solutions and discrete components used in electronic equipment and systems.

Bel Fuse serves customers in industries including telecommunications, networking, computing, industrial equipment, consumer electronics, automotive, medical technology, aerospace and defense.

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