Bel Fuse (BELFB) Getting Favorable Media Coverage, Report Finds

Bel Fuse (BELFB) Getting Favorable Media Coverage, Report Finds

Shares of Bel Fuse (NASDAQ BELFB) opened at 23.65 on Tuesday. Bel Fuse has a one year low of $16.81 and a one year high of $33.60. The firm has a 50-day moving average of $23.45 and a 200-day moving average of $27.56. The company has a market capitalization of $284.11 million, a P/E ratio of 7.73 and a beta of 0.92.

News stories about Bel Fuse (NASDAQ:BELFB) have trended positive this week, AlphaOne Sentiment reports. The research group, a service of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bel Fuse earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also assigned press coverage about the electronics maker an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.

Bel Fuse (NASDAQ:BELFB) last released its quarterly earnings data on Wednesday, May 3rd. The electronics maker reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by $0.22. Bel Fuse had a negative net margin of 12.73% and a positive return on equity of 13.00%. The company had revenue of $113.67 million during the quarter. Equities research analysts expect that Bel Fuse will post $1.12 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 1st. Shareholders of record on Friday, July 14th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, July 12th. This represents a $0.28 annualized dividend and a dividend yield of 1.18%. Bel Fuse’s dividend payout ratio is currently -5.33%.

Separately, Needham & Company LLC reissued a “hold” rating on shares of Bel Fuse in a report on Tuesday, February 21st.

About Bel Fuse

Bel Fuse Inc (Bel) designs, manufactures and markets a range of products that power, protect and connect electronic circuits. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. The Company’s operating segments are North America, Asia and TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:BELFB”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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