Somewhat Favorable News Coverage Somewhat Unlikely to Impact Bel Fuse (BELFA) Share Price
News headlines about Bel Fuse (NASDAQ:BELFA) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bel Fuse earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the scientific and technical instruments company an impact score of 47.4016669886602 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s rankings:
- Edited Transcript of BELFA earnings conference call or presentation 3-Nov-17 3:00pm GMT (finance.yahoo.com)
- Bel Fuse Inc. (BELFA) Releases Earnings Results, Misses Estimates By $0.12 EPS (americanbankingnews.com)
- ETFs with exposure to Bel Fuse, Inc. : November 3, 2017 (finance.yahoo.com)
- Bel Fuse : Cinch Connectivity Solutions Develops an Affordable Expanded Beam Fiber Optic Connector for the Broadcast Market (4-traders.com)
- Bel Fuse : Power Solutions Announces Next Generation 0RCY Series Regulated Bus Converter in an Eighth Brick Footprint (4-traders.com)
Shares of Bel Fuse (BELFA) traded down $3.05 during mid-day trading on Monday, hitting $23.95. The company’s stock had a trading volume of 2,076 shares, compared to its average volume of 469. The company has a quick ratio of 1.59, a current ratio of 2.66 and a debt-to-equity ratio of 0.59. Bel Fuse has a twelve month low of $18.80 and a twelve month high of $29.90. The stock has a market cap of $288.41, a PE ratio of 18.71 and a beta of 0.89.
Bel Fuse (NASDAQ:BELFA) last posted its earnings results on Friday, November 3rd. The scientific and technical instruments company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.12). The business had revenue of $126.39 million for the quarter. Bel Fuse had a return on equity of 9.80% and a net margin of 2.50%.
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Friday, October 13th were given a $0.06 dividend. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.00%. Bel Fuse’s dividend payout ratio (DPR) is currently 25.00%.
Separately, TheStreet upgraded Bel Fuse from a “c” rating to a “b-” rating in a report on Friday, August 4th.
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About Bel Fuse
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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