|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||18.53 - 19.62|
|52 Week Range||6.30 - 19.62|
|Beta (5Y Monthly)||1.98|
|PE Ratio (TTM)||18.85|
|Earnings Date||Oct 30, 2020|
|Forward Dividend & Yield||0.28 (1.47%)|
|Ex-Dividend Date||Apr 14, 2021|
|1y Target Est||21.50|
JERSEY CITY, N.J., Feb. 23, 2021 (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 April 30, 2021 to shareholders of record on April 15, 2021. Bel currently has approximately 12,354,000 common shares outstanding, of which 2,145,000 are Class A common shares and 10,209,000 are Class B common shares. About Bel Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military, aerospace, medical, transportation and broadcasting industries. Bel's product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). The Company operates facilities around the world. Investor Contact:Company Contact: Darrow AssociatesDaniel Bernstein tel 516.419.9915President firstname.lastname@example.org email@example.com
In the current session, Bel Fuse Inc. (NASDAQ:BELFA) is trading at $15.25, after a 0.20% rise. Over the past month, the stock increased by 4.18%, and in the past year, by 27.72%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 8.74%. The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. View more earnings on BELFA Depending on the particular phase of a business cycle, some industries will perform better than others. Bel Fuse Inc. has a lower P/E than the aggregate P/E of 151.35 of the Electronic Equipment, Instruments & Components industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. Price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors can become unable to attain key insights from trailing earnings. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 18, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
BELFB earnings call for the period ending December 31, 2020.