Belden (BDC) Stock Price, News & Analysis

Company Overview

Belden Inc. designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. This segment serves commercial real estate, education, financial, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, governments, healthcare, and hospitality sectors. The Industrial Automation Solutions segment offers network infrastructure and digitization solutions; secure networks for the digitization and automation of industries and infrastructure; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is headquartered in Saint Louis, Missouri.

Key Stats

• Today's Range: $117.71 to $120.34
• 50-Day Range: $100.99 to $131.40
• 52-Week Range: $65.52 to $131.82
• Volume: 178,468 shs
• Average Volume: 270,287 shs
• Market Capitalization: $4.79 billion
• P/E Ratio: 27.60
• Dividend Yield: 0.17%
• Price Target: $122.75
• Consensus Rating: Buy

Belden Stock Analysis - MarketRank™

Belden scored higher than 86% of companies evaluated by MarketBeat, and ranked 37th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Belden has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Belden has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 26.96%

Earnings Growth

Earnings for Belden are expected to grow by 26.96% in the coming year, from $6.12 to $7.77 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Belden is 27.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Belden is 27.60, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.30.

Price to Book Value per Share Ratio

Belden has a P/B Ratio of 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.41% of the float of Belden has been sold short.

Short Interest Ratio / Days to Cover

Belden has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Belden has recently increased by 6.75%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Belden has a dividend yield of 0.17%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Belden does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Belden is 4.65%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Belden will have a dividend payout ratio of 2.57% next year. This indicates that Belden will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -1.85

Percentage of Shares Shorted

2.41% of the float of Belden has been sold short.

Short Interest Ratio / Days to Cover

Belden has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Belden has recently increased by 6.75%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.06

News Sentiment

Belden has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Belden this week, compared to 6 articles on an average week.

Search Interest

8 people have searched for BDC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

3 people have added Belden to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Belden insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $542,017.00 in company stock.

Percentage Held by Insiders

Only 1.59% of the stock of Belden is held by insiders.

Percentage Held by Institutions

98.75% of the stock of Belden is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BDC Stock Analysis - Frequently Asked Questions

How have BDC shares performed this year?

Belden's stock was trading at $77.25 at the start of the year. Since then, BDC stock has increased by 53.6% and is now trading at $118.67.
View the best growth stocks for 2024 here.

How were Belden's earnings last quarter?

Belden Inc. (NYSE:BDC) issued its earnings results on Thursday, October, 31st. The industrial products company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.09. The business's revenue was up 4.5% compared to the same quarter last year.

Does Belden have any subsidiaries?

Belden subsidiaries include these companies: NetModule AG, macmon secure GmbH, OTN Systems N.V., Special Product Company, Opterna International Corp., FutureLink, Net-Tech Technology Inc., and others.

Who are Belden's major shareholders?

Belden's top institutional shareholders include FMR LLC (11.12%), Wellington Management Group LLP (5.29%), State Street Corp (3.90%) and Allspring Global Investments Holdings LLC (2.62%). Insiders that own company stock include David J Aldrich, Ashish Chand, Roel Vestjens, Brian Edward Anderson, Brian Lieser, Anshuman Mehrotra, Jonathan C Klein, Nancy E Calderon, Doug Zink and Leah Tate.
View institutional ownership trends.

How do I buy shares of Belden?

Shares of BDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Belden own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Belden investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

• Ex-Dividend for 10/8 Dividend: 9/12/2024
• Dividend Payable: 10/08/2024
• Last Earnings: 10/31/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Nonferrous wiredrawing & insulating
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NYSE:BDC
• CUSIP: 07745410
• CIK: 913142
• Web: www.belden.com
• Phone: (314) 854-8000
• Fax: 314-854-8001
• Employees: 8,000
• Year Founded: 1902

Price Target and Rating

• Average Stock Price Target: $122.75
• High Stock Price Target: $136.00
• Low Stock Price Target: $110.00
• Potential Upside/Downside: +3.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.30
• Trailing P/E Ratio: 27.60
• Forward P/E Ratio: 19.39
• P/E Growth: N/A
• Net Income: $242.76 million
• Net Margins: 7.61%
• Pretax Margin: 8.82%
• Return on Equity: 20.55%
• Return on Assets: 7.42%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 2.07
• Quick Ratio: 1.43

Sales & Book Value

• Annual Sales: $2.35 billion
• Price / Sales: 2.04
• Cash Flow: $9.42 per share
• Price / Cash Flow: 12.60
• Book Value: $27.98 per share
• Price / Book: 4.24

Miscellaneous

• Outstanding Shares: 40,337,000
• Free Float: 39,696,000
• Market Cap: $4.79 billion
• Optionable: Optionable
• Beta: 1.07