Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
United StatesIPO:
06 December 1983Website:
http://www.belfuse.comNext earnings report:
21 February 2025Last dividends:
15 October 2024Next dividends:
15 January 2025Price
after hours | Fri, 01 Nov 2024 23:15:27 GMTAnalysts recommendations
Institutional Ownership
BELFA Latest News
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 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 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.
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.
Continued Gross Margin Performance with Sales Above Mid-Point of Expected Range Provides Q3-24 Sales and Gross Margin Guidance
WEST ORANGE, N.J., July 10, 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 second quarter after market close on Wednesday, July 24, 2024. An earnings conference call has been scheduled as follows:
Bel Fuse Inc. (NASDAQ: BELFB) Q1 2024 Earnings Conference Call on April 26, 2024 at 8:30 AM ET with company representatives including Jean Marie Young, Daniel Bernstein, Lynn Hutkin, and Farouq Tuweiq. Conference call participants include Theodore O'Neill, James Ricchiuti, Hendi Susanto, and Robert Brooks. The operator welcomes all participants to the call in a listen-only mode.
Bel Fuse Inc. will release preliminary financial results for the first quarter on April 25, 2024, after market close. An earnings conference call has been scheduled for the same day.
Bel Fuse Inc. designs, manufactures, and supplies electronic solutions for various industries, with its Power Solutions & Protection segment being the main revenue contributor. The company's specialized divisions, such as Cinch Connectivity Solutions and Bell Power Solutions, are positioned to capitalize on emerging technologies like AI and EVs. BELFB's strong B2B customer base and product diversity across various sectors mitigate risks and promise steady revenue streams.
Bel Fuse operates in three segments and provides products used in various industries. Q3 FY2023 sales showed declines in some segments, but improved gross margins and sustainable profitability. Based on an FCF yield of >11% and fairly low valuation multiples, I still consider Bel Fuse attractive, at least in the medium term.
- 1(current)
What type of business is Bel Fuse?
Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries. It provides power solutions and protection products, including front-end power supplies, board-mount power products, industrial and transportation power products, external power products, and circuit protection products. The company also offers connectivity solutions, such as expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity products. In addition, it provides magnetic solutions comprising integrated connector modules, power transformers, SMD power inductors and SMPS transformers, and ethernet discrete components. The company sells its products through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally. Bel Fuse Inc. was incorporated in 1949 and is headquartered in West Orange, New Jersey.
What sector is Bel Fuse in?
Bel Fuse is in the Technology sector
What industry is Bel Fuse in?
Bel Fuse is in the Electronic Components industry
What country is Bel Fuse from?
Bel Fuse is headquartered in United States
When did Bel Fuse go public?
Bel Fuse initial public offering (IPO) was on 06 December 1983
What is Bel Fuse website?
https://www.belfuse.com
Is Bel Fuse in the S&P 500?
No, Bel Fuse is not included in the S&P 500 index
Is Bel Fuse in the NASDAQ 100?
No, Bel Fuse is not included in the NASDAQ 100 index
Is Bel Fuse in the Dow Jones?
No, Bel Fuse is not included in the Dow Jones index
When was Bel Fuse the previous earnings report?
No data
When does Bel Fuse earnings report?
The next expected earnings date for Bel Fuse is 21 February 2025