Alert: Negative Investment/Fundamental Signals (11/29/24)-Bel Fuse Inc. (NASDAQ: BELFB)

out_logo_500#28053.jpg

Bel Fuse Inc. (NASDAQ: BELFB) has recently experienced significant negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Bel Fuse Inc. (NASDAQ: BELFB): negative upside/downside volume developed.

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.

out_mm#28053.jpg

Current PriceTarget Research Rating

Bel Fuse has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Bel Fuse has a slightly negative Appreciation Score of 33 but a very high Power Rating of 87, resulting in the High Neutral Value Trend Rating.

Recent Price Action

Bel Fuse Inc. (NASDAQ: BELFB) stock increased 1.6% on 11/29/24. The shares closed at $80.18. However, this advance was accompanied by exceptionally low trading volume at 42% of normal. The stock has risen 6.4% during the last week and has been exceptionally strong relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*