Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Bel Fuse Inc. (NASDAQ: BELFB) weakened of late. BELFB’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Bel Fuse Inc. (NASDAQ: BELFB) stock declined slightly by -0.9% on 3/8/24. The stock closed at $56.83. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BELFB is expected to continue to be an important Value Builder.
Bel Fuse has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Bel Fuse has a slightly negative Appreciation Score of 39 but a good Power Rating of 73, leading to the Neutral Value Trend Rating.
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