Friday, July 20, 2018

Bel Fuse, Inc. Class B (BELFB) Receiving Somewhat Favorable Media Coverage, Analysis Finds

Media coverage about Bel Fuse, Inc. Class B (NASDAQ:BELFB) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bel Fuse, Inc. Class B earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media coverage about the electronics maker an impact score of 45.9775371402704 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of research firms recently issued reports on BELFB. ValuEngine lowered shares of Bel Fuse, Inc. Class B from a “hold” rating to a “sell” rating in a research note on Friday, June 1st. BidaskClub upgraded shares of Bel Fuse, Inc. Class B from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 7th.

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Bel Fuse, Inc. Class B traded up $1.10, reaching $21.90, during midday trading on Tuesday, MarketBeat reports. The stock had a trading volume of 22,000 shares, compared to its average volume of 25,015. Bel Fuse, Inc. Class B has a 1-year low of $17.10 and a 1-year high of $33.45. The company has a current ratio of 3.14, a quick ratio of 1.95 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $246.07 million, a PE ratio of 27.27 and a beta of 0.63.

Bel Fuse, Inc. Class B (NASDAQ:BELFB) last posted its earnings results on Thursday, May 3rd. The electronics maker reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.21). Bel Fuse, Inc. Class B had a negative net margin of 2.81% and a positive return on equity of 5.50%. The firm had revenue of $118.25 million during the quarter.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 1st. Shareholders of record on Friday, July 13th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Thursday, July 12th.

About Bel Fuse, Inc. Class B

Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries in North America, Asia, and Europe. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components.

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