Bel Fuse (NASDAQ:BELFA – Get Free Report) announced its quarterly earnings results on Wednesday. The scientific and technical instruments company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.59, Zacks reports. Bel Fuse had a net margin of 12.62% and a return on equity of 24.29%. The company had revenue of $133.21 million during the quarter. Bel Fuse updated its Q3 2024 guidance to EPS.
Bel Fuse Stock Performance
Shares of BELFA traded up $7.49 during midday trading on Thursday, hitting $89.44. 18,125 shares of the stock traded hands, compared to its average volume of 12,163. Bel Fuse has a 1-year low of $38.82 and a 1-year high of $90.00. The firm has a market capitalization of $1.13 billion, a PE ratio of 15.56 and a beta of 1.36. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.70 and a current ratio of 4.21. The business’s 50 day moving average price is $81.17 and its two-hundred day moving average price is $73.11.
Bel Fuse Company Profile
Featured Articles
- Five stocks we like better than Bel Fuse
- How to Calculate Return on Investment (ROI)
- Viking Therapeutics: Pharma Stock Soars on Positive Earnings
- When to Sell a Stock for Profit or Loss
- Top 3 Small Cap Stocks Emerging as Rotation Winners
- Using the MarketBeat Stock Split Calculator
- Bargain Alert: 3 Stocks Worth Watching While The Market Cools
Receive News & Ratings for Bel Fuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bel Fuse and related companies with MarketBeat.com's FREE daily email newsletter.