News coverage about Bel Fuse (NASDAQ:BELFA) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bel Fuse earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media coverage about the scientific and technical instruments company an impact score of 46.2743512121938 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Bel Fuse (NASDAQ:BELFA) traded down $0.71 during trading hours on Friday, hitting $21.79. 740 shares of the company’s stock traded hands, compared to its average volume of 5,236. The firm has a market capitalization of $283.19, a P/E ratio of 21.36 and a beta of 0.87. The company has a current ratio of 2.66, a quick ratio of 1.59 and a debt-to-equity ratio of 0.59. Bel Fuse has a fifty-two week low of $18.80 and a fifty-two week high of $29.90.
Bel Fuse (NASDAQ:BELFA) last posted its quarterly earnings results on Friday, November 3rd. The scientific and technical instruments company reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.54 by ($0.12). The business had revenue of $126.39 million during the quarter. Bel Fuse had a return on equity of 9.80% and a net margin of 2.50%.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Monday, January 15th will be paid a $0.06 dividend. The ex-dividend date is Thursday, January 11th. This represents a $0.24 annualized dividend and a dividend yield of 1.10%. Bel Fuse’s dividend payout ratio (DPR) is 23.53%.
In other Bel Fuse news, VP Dennis Ackerman sold 2,500 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $24.63, for a total value of $61,575.00. Following the completion of the transaction, the vice president now owns 12,500 shares in the company, valued at $307,875. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Daniel Bernstein sold 3,000 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $24.61, for a total transaction of $73,830.00. Following the completion of the transaction, the chief executive officer now owns 15,000 shares of the company’s stock, valued at approximately $369,150. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.
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Bel Fuse Company Profile
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 Europe.
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