Notable negative changes in Bel Fuse Inc. (NASDAQ: BELFB) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Bel Fuse Inc. (NASDAQ: BELFB). Significant negative changes in investment behavior have recently occurred: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
BELFB is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Bel Fuse has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Bel Fuse has a poor Appreciation Score of 30 but a very high Power Rating of 88, leading to the High Neutral Value Trend Rating.
Recent Price Action
Bel Fuse Inc. (NASDAQ: BELFB) stock closed at $78.52 on 10/24/24 after a slight decline of -0.5%. Moreover, trading volume in this decline was exceptionally high at 232% of normal. Relative to the market the stock has been strong over the last nine months but has declined -7.6% during the last week.
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