最新ニュース Bel Fuse (NASDAQ:BELFB) 株価情報

Bel Fuse

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.

Bel Fuse Inc

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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<li>Needham boosted Bel Fuse Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) price target from $79 to $95. Needham analyst James Ricchiuti maintained a Buy rating. Bel Fuse shares closed at $74.56 on Friday.  <a href="https://www.benzinga.com/quote/BELFB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird boosted Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) price target from $70 to $90. Baird analyst Vikram Kesavabhotla upgraded the stock from Neutral to Outperform. Roku shares closed at $68.87 on Friday. <a href="https://www.benzinga.com/quote/ROKU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird boosted the price target for Autodesk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) from $305 to $330. Baird analyst Joe Vruwink maintained an Outperform rating. Autodesk shares settled at $299.15 on Friday. <a href="https://www.benzinga.com/quote/ADSK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods boosted MBIA Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MBI#NYSE">MBI</a>) price target from $6.5 to $9. Keefe, Bruyette &amp; Woods analyst Thomas McJoynt-Griffith upgraded the stock from Market Perform to Outperform. MBIA shares closed at $6.03 on Friday. <a href="https://www.benzinga.com/quote/MBI/analyst-ratings">See how other analysts view this stock</a>.</li>
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<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="561" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-1024x561.png" alt="" class="wp-image-652910" style="width:601px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-1024x561.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184-768x421.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18082358/image-184.png 1206w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Roku To Rally Around 31%? Here Are 10 Top Analyst Forecasts For Monday

Needham analyst James Ricchiuti maintains Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) with a Buy and raises the price target from $79 to $95.

Needham Maintains Buy on Bel Fuse, Raises Price Target to $95

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Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) reported quarterly earnings of $0.99 per share which beat the analyst consensus estimate of $0.93 by 6.45 percent. The company reported quarterly sales of $123.638 million which beat the analyst consensus estimate of $122.610 million by 0.84 percent. This is a 22.08 percent decrease over sales of $158.682 million the same period last year.

Earnings

Earnings Beats

Bel Fuse Q3 2024 Adj. EPS $0.99 Beats $0.93 Estimate, Sales $123.638M Beat $122.610M Estimate

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.
Analysts estimate that Bel Fuse will report an earnings per share (EPS) of $0.93. 
The market awaits Bel Fuse's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Performance in Previous Earnings</h3>
The company's EPS beat by $0.61 in the last quarter, leading to a 9.92% increase in the share price on the following day.
Here's a look at Bel Fuse's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.93</td>
<td>0.97</td>
<td>1.41</td>
<td>1.27</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.54</td>
<td>1.26</td>
<td>1.37</td>
<td>1.68</td>
</tr>
<tr>
<td>Price Change %</td>
<td>10.0%</td>
<td>-5.0%</td>
<td>-28.999999999999996%</td>
<td>24.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729623738_0.png" alt="eps graph" />
<h3>Performance of Bel Fuse Shares</h3>
Shares of Bel Fuse were trading at $83.55 as of October 21. Over the last 52-week period, shares are up 109.09%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Views on Bel Fuse</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Bel Fuse.
The consensus rating for Bel Fuse is Outperform, derived from 4 analyst ratings. An average one-year price target of $83.5 implies a potential 0.06% downside.
<h3>Comparing Ratings with Competitors</h3>
In this analysis, we delve into the analyst ratings and average 1-year price targets of Airgain, AmpliTech Gr and Vishay Intertechnology, three key industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>For Airgain, analysts project an Buy trajectory, with an average 1-year price target of $8.0, indicating a potential 90.42% downside.</li>
<li>The consensus outlook from analysts is an Buy trajectory for AmpliTech Gr, with an average 1-year price target of $5.0, indicating a potential 94.02% downside.</li>
<li>For Vishay Intertechnology, analysts project an Neutral trajectory, with an average 1-year price target of $22.0, indicating a potential 73.67% downside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
The peer analysis summary provides a snapshot of key metrics for Airgain, AmpliTech Gr and Vishay Intertechnology, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bel Fuse</td>
<td>Outperform</td>
<td>-21.08%</td>
<td>$53.40M</td>
<td>5.35%</td>
</tr>
<tr>
<td>Airgain</td>
<td>Buy</td>
<td>-4.08%</td>
<td>$6.15M</td>
<td>-8.09%</td>
</tr>
<tr>
<td>AmpliTech Gr</td>
<td>Buy</td>
<td>-37.95%</td>
<td>$1.06M</td>
<td>-7.36%</td>
</tr>
<tr>
<td>Vishay Intertechnology</td>
<td>Neutral</td>
<td>-16.91%</td>
<td>$162.87M</td>
<td>1.08%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Bel Fuse is positioned at the top for Gross Profit and Return on Equity among its peers. However, it ranks at the bottom for Revenue Growth.
<h3>All You Need to Know About Bel Fuse</h3>
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 &amp; 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.
<h3>Unraveling the Financial Story of Bel Fuse</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Bel Fuse faced challenges, resulting in a decline of approximately -21.08% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Bel Fuse's net margin is impressive, surpassing industry averages. With a net margin of 14.12%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Bel Fuse's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.35%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Bel Fuse's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.35% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Bel Fuse's debt-to-equity ratio is below the industry average at 0.23, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/BELFB/earnings">To track all earnings releases for Bel Fuse visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Bel Fuse's Earnings: A Preview

Throughout the last three months, 4 analysts have evaluated Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $83.5, a high estimate of $95.00, and a low estimate of $79.00. This current average reflects an increase of 14.78% from the previous average price target of $72.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1727798444_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Bel Fuse's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bobby Brooks</td>
<td>Northland Capital Markets</td>
<td>Raises</td>
<td>Outperform</td>
<td>$95.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Bobby Brooks</td>
<td>Northland Capital Markets</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Bobby Brooks</td>
<td>Northland Capital Markets</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$80.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>James Ricchiuti</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$79.00</td>
<td>$68.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Bel Fuse. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bel Fuse compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Bel Fuse's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of Bel Fuse's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/BELFB/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Bel Fuse analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Bel Fuse</h2>
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 &amp; 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.
<h3>Unraveling the Financial Story of Bel Fuse</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: Bel Fuse's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -21.08%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Bel Fuse's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 14.12% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Bel Fuse's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.35% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Bel Fuse's ROA excels beyond industry benchmarks, reaching 3.35%. This signifies efficient management of assets and strong financial health.
Debt Management: Bel Fuse's debt-to-equity ratio is below the industry average. With a ratio of 0.23, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Unveiling 4 Analyst Insights On Bel Fuse

Northland Capital Markets analyst Bobby Brooks maintains Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) with a Outperform and raises the price target from $80 to $95.

Northland Capital Markets Maintains Outperform on Bel Fuse, Raises Price Target to $95

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Shares of companies within the broader technology sector are trading higher amid overall market strength following Wednesday's Fed rate cut.

U.S. stocks were higher, with the Dow Jones index surging around 400 points on Thursday.
Shares of Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) rose sharply during Thursday's session <a href="https://www.benzinga.com/quote/DRI/earnings">following first-quarter results.</a>
Darden reported quarterly earnings of $1.75 per share which missed the analyst consensus estimate of $1.83 per share. The company reported quarterly sales of $2.76 billion which missed the analyst consensus estimate of $2.80 billion.
Darden Restaurants shares surged 7.4% to $170.92 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Rezolve AI Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) shares jumped 88.8% to $8.97. The company issued a PR applauding the recent announcement by Microsoft and BlackRock to invest $30 billion into AI infrastructure.</li>
<li>Edgewise Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) gained 37.7% to $26.26 after the company announced top-line data of EDG-7500 from the Phase 1 trial in healthy subjects and the single-dose arm of the Phase 2 CIRRUS-HCMtrial in patients with obstructive HCM.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares surged 13.4% to $13.17 after Intel reportedly said it does not have plans to divest a majority interest in the company.</li>
<li>Bel Fuse Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) shares rose 10.3% to $76.65. Bel announced an agreement to acquire Enercon Technologies.</li>
<li>TeraWulf Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) gained 10.3% to $4.48.</li>
<li>XCHG Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCH#NASDAQ">XCH</a>) gained 10.2% to $20.25.</li>
<li>Bit Digital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) shares jumped 9.4% to $3.14. Shares of crypto-linked stocks traded higher after the Fed&#8217;s Wednesday decision to cut rates by 50 basis points.</li>
<li>MINISO Group Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NASDAQ">MNSO</a>) shares jumped 8.6% to $16.44.</li>
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) gained 7% to $26.73.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) climbed 7% to $141.91. Shares of crypto-linked stocks traded higher after the Fed&#8217;s Wednesday decision to cut rates by 50 basis points.</li>
<li>XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) shares rose 6.6% to $9.21. The company disclosed that XPENG Motors will showcase its latest technologies and solutions at the Paris Motor Show 2024 in October.</li>
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<li>Opthea Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPT#NASDAQ">OPT</a>) gained 5.4% to $3.70.</li>
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Darden Restaurants Posts Q1 Results, Joins Tesla, Nvidia, XPeng And Other Big Stocks Moving Higher On Thursday

Northland Capital Markets analyst Bobby Brooks upgrades Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) from Market Perform to Outperform and maintains the price target from $80 to $80.

Upgrades

Northland Capital Markets Upgrades Bel Fuse to Outperform, Maintains Price Target to $80

Northland Capital Markets analyst Bobby Brooks maintains Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) with a Market Perform and raises the price target from $63 to $80.

Northland Capital Markets Maintains Market Perform on Bel Fuse, Raises Price Target to $80

Needham analyst James Ricchiuti maintains Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) with a Buy and raises the price target from $68 to $79.

Needham Maintains Buy on Bel Fuse, Raises Price Target to $79

Bel Fuse shares are trading higher following a Q2 earnings beat.

Guidance

BELFA

Bel Fuse Sees Q3 Sales $118M-$126M Vs $130.177M

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) reported quarterly earnings of $1.54 per share which beat the analyst consensus estimate of $0.93 by 65.59 percent. The company reported quarterly sales of $133.205 million which beat the analyst consensus estimate of $130.177 million by 2.33 percent. This is a 21.08 percent decrease over sales of $168.777 million the same period last year.

Bel Fuse Q2 2024 Adj EPS $1.54 Beats $0.93 Estimate, Sales $133.205M Beat $130.177M Estimate

Needham analyst James Ricchiuti maintains Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) with a Buy and lowers the price target from $70 to $68.

Needham Maintains Buy on Bel Fuse, Lowers Price Target to $68

Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) reported quarterly earnings of $1.26 per share which beat the analyst consensus estimate of $0.97 by 29.9 percent. This is a 15.44 percent decrease over earnings of $1.49 per share from the same period last year. The company reported quarterly sales of $128.090 million which missed the analyst consensus estimate of $128.647 million by 0.43 percent. This is a 25.68 percent decrease over sales of $172.344 million the same period last year.

Earnings Misses

Bel Fuse Q1 2024 Adj EPS $1.26 Beats $0.97 Estimate, Sales $128.090M Miss $128.647M Estimate

Making a noteworthy insider sell on March 15, Vincent Vellucci, Board Member at Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>), is reported in the latest SEC filing.
What Happened: After conducting a thorough analysis, Vellucci sold 1,000 shares of Bel Fuse. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000729580/000143774924007960//Archives/edgar/data/729580/000143774924007960/0001437749-24-007960-index.htm">U.S. Securities and Exchange Commission</a> on Friday. The total transaction value is $56,700.
At Friday morning, Bel Fuse shares are down by 1.17%, trading at $55.53.
<h3>All You Need to Know About Bel Fuse</h3>
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 &amp; 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.
<h3>Bel Fuse: Delving into Financials</h3>
Revenue Growth: Bel Fuse's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -17.25%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: With a high gross margin of 36.56%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Bel Fuse's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 0.95.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.24.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: Bel Fuse's P/E ratio of 10.18 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.12 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 6.97 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>The Impact of Insider Transactions on Investments</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000729580">Check Out The Full List Of Bel Fuse's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Bel Fuse Insider Trades Send A Signal

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Jefferies cut the price target for ModivCare Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/modv#NASDAQ">MODV</a>) from $60 to $39. Jefferies analyst Brian Tanquilut downgraded the stock from Buy to Hold. ModivCare shares fell 2.8% to close at $43.87 on Thursday. <a href="https://www.benzinga.com/quote/MODV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS slashed Rivian Automotive, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rivn#NASDAQ">RIVN</a>) price target from $24 to $8. UBS analyst Joseph Spak downgraded the stock from Buy to Sell. Rivian Automotive shares dipped 25.6% to close at $11.45 on Thursday. <a href="https://www.benzinga.com/quote/RIVN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan lowered the price target for Penumbra, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pen#NYSE">PEN</a>) from $284 to $250. JP Morgan analyst Robbie Marcus downgraded the stock from Overweight to Neutral. Penumbra shares rose 1.7% to close at $262.68 on Thursday. <a href="https://www.benzinga.com/quote/PEN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B. Riley Securities lowered Applied Optoelectronics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>) price target from $22 to $16. B. Riley Securities analyst David Kang downgraded the stock from Buy to Neutral. Applied Optoelectronics shares gained 6% to close at $20.35 on Thursday. <a href="https://www.benzinga.com/quote/AAOI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler increased the price target for Intuit Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intu#NASDAQ">INTU</a>) from $642 to $750. Piper Sandler analyst Arvind Ramnani maintained an Overweight rating. Intuit shares gained 3.1% to close at $657.92 on Thursday. <a href="https://www.benzinga.com/quote/INTU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Telsey Advisory Group boosted the price target for Floor &amp; Decor Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fnd#NYSE">FND</a>) from $95 to $110. Telsey Advisory Group analyst Joseph Feldman maintained a Market Perform rating. Floor &amp; Decor shares gained 3.9% to close at $113.53 on Thursday. <a href="https://www.benzinga.com/quote/FND/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham cut Bel Fuse Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/belfb#NASDAQ">BELFB</a>) price target from $77 to $70. Needham analyst James Ricchiuti maintained a Buy rating. Bel Fuse shares fell 28.7% to close at $50.02 on Thursday. <a href="https://www.benzinga.com/quote/BELFB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity boosted Q2 Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qtwo#NYSE">QTWO</a>) price target from $40 to $55. Canaccord Genuity analyst Joseph Vafi maintained a Buy rating. Q2 Holdings shares gained 9.9% to close at $45.98 on Thursday. <a href="https://www.benzinga.com/quote/QTWO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup boosted Fox Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxa#NASDAQ">FOXA</a>) price target from $34 to $35. Citigroup analyst Jason Bazinet upgraded the stock from Neutral to Buy. Fox shares fell 0.3% to close at $29.85 on Thursday. <a href="https://www.benzinga.com/quote/FOXA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Rosenblatt raised Altair Engineering Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/altr#NASDAQ">ALTR</a>) price target from $74 to $88. Rosenblatt analyst Blair Abernethy downgraded the stock from Buy to Neutral. Altair Engineering shares gained 3.4% to close at $89.86 on Thursday. <a href="https://www.benzinga.com/quote/ALTR/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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Intuit To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Friday

Needham analyst James Ricchiuti maintains Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) with a Buy and lowers the price target from $77 to $70.

Needham Maintains Buy on Bel Fuse, Lowers Price Target to $70

Greystone Capital Q2 2024 Letter To Clients

Bel Fuse declares $0.07 dividend

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

Bel Fuse to buy majority stake in Enercon Technologies

Bel Fuse Non-GAAP EPS of $0.94 beats by $0.20, revenue of $123.64M beats by $1.03M

Bel Fuse Inc. (BELFB) Q3 2024 Earnings Call Transcript

Bel Fuse declares quarterly dividend

Atai Capital Management Q3 2024 Letter

Bel Fuse: An Intriguing Year

HAIVF

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Press Releases

Bel Fuse Schedules Second Quarter 2024 Financial Results Conference Call

Bel Reports Second Quarter 2024 Results

Dividends

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

Bel Announces Agreement to Acquire Enercon Technologies

Bel Fuse Schedules Third Quarter 2024 Financial Results Conference Call

Bel Announces Appointment of Umasankar ('Uma") Pingali as Global Head of Sales and Marketing

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