Date | Price Target | Rating | Analyst |
---|---|---|---|
9/5/2024 | $80.00 | Market Perform → Outperform | Northland Capital |
5/2/2024 | $63.00 | Outperform → Market Perform | Northland Capital |
1/11/2024 | $83.00 | Outperform | Northland Capital |
2/28/2022 | $21.00 → $25.00 | Buy | Needham |
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. Cash dividends for Class A and Class B common shares are payable on November 1, 2024 to shareholders of record on October 15, 2024. Bel currently has approximately 12,549,000 common shares outstanding, of which 2,116,000 are Class A common shares and 10,433,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products tha
Continued Gross Margin Performance with Sales Above Mid-Point of Expected RangeProvides Q3-24 Sales and Gross Margin Guidance WEST ORANGE, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the second quarter of 2024. Second Quarter 2024 Highlights Net sales of $133.2 million compared to $168.8 million in Q2-23Gross profit margin of 40.1%, up from 32.9% in Q2-23Net earnings of $18.8 million versus $27.8 million in Q2-23Adjusted EBITDA of $27.4 million (20.6% of sales) as compared to $28.6 million (17.0% of sales) in Q2-23Repurchased 126,552 shares of Bel stock at an aggregate cost of $7.9 million in Q2-24 "We are pleas
WEST ORANGE, N.J., July 10, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), 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: When: Thursday, July 25, 2024 at 8:30 a.m. ET Dial in: 877.407.0784, or international: 201.689.8560 Online: https://ir.belfuse.com/events-and-presentations How: Live over the internet – Simply log on to the web at the address above Replay: 844.512.2921, or international: 412.317.6671 Conference ID: 13747
WEST ORANGE, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today confirmed consistent with prior announcements that Dennis Ackerman will retire from the Company effective July 31, 2024 after 37 years of service, having served as President of Bel Power Solutions and Protection since 2014. As previously announced, Steve Dawson, who most recently served as Vice President of Marketing and Business Development for the Power segment, has been named to succeed Mr. Ackerman. His appointment as the new President of Bel Power Solutions and Protection is effective July 1, 2024. Mr. Ackerman joined Bel in 1986 and held the positions of Customer Service Manager, Sales Manager, P
WEST ORANGE, N.J., March 07, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) ("Bel" or the "Company"), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced that John Tweedy will retire from the Board and not stand for re-election at the Company's 2024 Annual Meeting of Shareholders. The Board of Directors plans to nominate David Valletta to join the Board in 2024. Mr. Tweedy has served on Bel's Board since 1996 and throughout the years has served on various committees including Audit and Executive. John has been instrumental during Bel's various acquisitions, international expansion, and recent changes to the overa
WEST ORANGE, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), a leading global manufacturer of products that power, protect, and connect electronic circuits, is pleased to announce a significant leadership change with the appointment of Steve Dawson as the new President of Bel Power Solutions and Protection, effective July 2024. Dawson will succeed Dennis Ackerman, who has played a pivotal role in the company's growth and success the past 37 years. Dawson brings a wealth of expertise to his new role with over 25 years of progressive experience in power and circuit protection. Before joining Bel, he held positions in Manufacturing, Engineering, Product Management and
Bel Fuse (NASDAQ:BELFB) 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.
Needham analyst James Ricchiuti maintains Bel Fuse (NASDAQ:BELFB) with a Buy and lowers the price target from $70 to $68.
3 - BEL FUSE INC /NJ (0000729580) (Issuer)
3 - BEL FUSE INC /NJ (0000729580) (Issuer)
4 - BEL FUSE INC /NJ (0000729580) (Issuer)
8-K - BEL FUSE INC /NJ (0000729580) (Filer)
10-Q - BEL FUSE INC /NJ (0000729580) (Filer)
8-K - BEL FUSE INC /NJ (0000729580) (Filer)
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. Cash dividends for Class A and Class B common shares are payable on November 1, 2024 to shareholders of record on October 15, 2024. Bel currently has approximately 12,549,000 common shares outstanding, of which 2,116,000 are Class A common shares and 10,433,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products tha
Continued Gross Margin Performance with Sales Above Mid-Point of Expected RangeProvides Q3-24 Sales and Gross Margin Guidance WEST ORANGE, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA) today announced preliminary financial results for the second quarter of 2024. Second Quarter 2024 Highlights Net sales of $133.2 million compared to $168.8 million in Q2-23Gross profit margin of 40.1%, up from 32.9% in Q2-23Net earnings of $18.8 million versus $27.8 million in Q2-23Adjusted EBITDA of $27.4 million (20.6% of sales) as compared to $28.6 million (17.0% of sales) in Q2-23Repurchased 126,552 shares of Bel stock at an aggregate cost of $7.9 million in Q2-24 "We are pleas
WEST ORANGE, N.J., July 10, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (NASDAQ:BELFA), 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: When: Thursday, July 25, 2024 at 8:30 a.m. ET Dial in: 877.407.0784, or international: 201.689.8560 Online: https://ir.belfuse.com/events-and-presentations How: Live over the internet – Simply log on to the web at the address above Replay: 844.512.2921, or international: 412.317.6671 Conference ID: 13747
SC 13D/A - BEL FUSE INC /NJ (0000729580) (Subject)
SC 13D/A - BEL FUSE INC /NJ (0000729580) (Subject)
SC 13G - BEL FUSE INC /NJ (0000729580) (Subject)
4 - BEL FUSE INC /NJ (0000729580) (Issuer)
Northland Capital upgraded Bel Fuse from Market Perform to Outperform and set a new price target of $80.00
Northland Capital downgraded Bel Fuse from Outperform to Market Perform and set a new price target of $63.00
Northland Capital initiated coverage of Bel Fuse with a rating of Outperform and set a new price target of $83.00