BELFB

Bel Fuse Class B
BELFB
Market cap $1.06B

84.66 USD

-0.34

0.40%

At close Oct 17, 4:00 PM EDT

1 day

-0.40%

5 days

4.69%

1 month

22.82%

3 months

21.90%

6 months

49.00%

Year to date

29.73%

1 year

95.34%

5 years

530.38%

About: Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

Employees: 5,260

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

73% more call options, than puts

Call options by funds: $2.09M | Put options by funds: $1.21M

44% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 16

17% more capital invested

Capital invested by funds: $461M [Q1] → $540M (+$78.7M) [Q2]

6.8% more ownership

Funds ownership: 72.03% [Q1] → 78.83% (+6.8%) [Q2]

5% more funds holding

Funds holding: 147 [Q1] → 154 (+7) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

14% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 58

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$79

7%

downside

Avg. target

$84

1%

downside

High target

$95

12%

upside

4 analyst ratings

3 positive

75%

1 neutral

25%

0 negative

0%

Northland Capital Markets Bobby Brooks 50% 1-year accuracy 5 / 10 met price target	12%upside $95	Outperform Maintained	1 Oct 2024
Northland Capital Markets Bobby Brooks 50% 1-year accuracy 5 / 10 met price target	6%downside $80	Outperform Upgraded	5 Sept 2024
Northland Capital Markets Bobby Brooks 50% 1-year accuracy 5 / 10 met price target	6%downside $80	Market Perform Maintained	30 Jul 2024
Needham James Ricchiuti 68% 1-year accuracy 72 / 106 met price target	7%downside $79	Buy Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about BELFB published over the past 30 days

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 and Marketing, a newly created role. With over 30 years of management experience in global sales, marketing, business development within the electronic industry, Uma is uniquely positioned to lead and accelerate Bel's sales and marketing organizations. His experience with integrating various sales teams that have joined via acquisitions will be very helpful for Bel with our history of acquisitions.

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

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, today announced plans to release preliminary financial results for the third quarter after market close on Wednesday, October 23, 2024. An earnings conference call has been scheduled as follows:

Bel Fuse Schedules Third Quarter 2024 Financial Results Conference Call

Zacks Investment Research

Bel Fuse (BELFB) Soars 16.5%: Is Further Upside Left in the Stock?

Bel Fuse (BELFB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Bel Fuse (BELFB) Soars 16.5%: Is Further Upside Left in the Stock?

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

Bel Announces Agreement to Acquire Enercon Technologies

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 Farouq Tuweiq, has driven significant margin improvements and debt reduction. Share repurchases have reduced outstanding shares, enhancing EPS growth potential, with a continued trend expected.

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

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, maintaining a strong moat with ROTC around 13%. Inventory issues persist, leading to a downgrade to a hold rating, with uncertainties in the market causing further volatility.

Bel Fuse Stock: Inventory Issues Persist (Rating Downgrade)

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 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.

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

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 favorably to the S&P 500 and Russell 2000 returns of +4.3% and -3.3% during the quarter and +15.2% and +1.7% year-to-date. It's worth repeating that there are things to invest in outside of both the Magnificent 7 and major indices, making now an ideal time to allocate to a strategy like ours.

Greystone Capital Q2 2024 Letter To Clients

Zacks Investment Research

Bel Fuse (BELFB) Surpasses Q2 Earnings and Revenue Estimates

Bel Fuse (BELFB) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.95 per share a year ago.

Bel Fuse (BELFB) Surpasses Q2 Earnings and Revenue Estimates

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 Reports Second Quarter 2024 Results

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