Bel Fuse (NASDAQ:BELFB – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, July 24th. Analysts expect the company to announce earnings of $0.92 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Bel Fuse (NASDAQ:BELFB – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The electronics maker reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.22. Bel Fuse had a return on equity of 23.58% and a net margin of 12.62%. The company had revenue of $128.09 million during the quarter, compared to analyst estimates of $128.47 million. On average, analysts expect Bel Fuse to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Bel Fuse Price Performance
Shares of Bel Fuse stock opened at $68.83 on Tuesday. The stock has a 50 day moving average of $66.41 and a 200 day moving average of $63.07. Bel Fuse has a 12 month low of $39.13 and a 12 month high of $74.75. The firm has a market cap of $868.63 million, a PE ratio of 11.59 and a beta of 1.41. The company has a current ratio of 4.21, a quick ratio of 2.70 and a debt-to-equity ratio of 0.17.
Bel Fuse Dividend Announcement
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on BELFB shares. Needham & Company LLC lowered their price objective on Bel Fuse from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Monday, April 29th. Northland Securities lowered Bel Fuse from an “outperform” rating to a “market perform” rating and set a $63.00 price objective for the company. in a research note on Thursday, May 2nd. Finally, StockNews.com raised Bel Fuse from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th.
Get Our Latest Report on BELFB
About Bel Fuse
Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally.
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