Belden Inc. designs, manufactures, and markets signal transmission solutions worldwide. It operates through Broadcast Solutions, Enterprise Solutions, Industrial Solutions, and Network Solutions segments. The Broadcast Solutions segment offers camera solutions, production switchers, server and storage systems for instant replay applications, interfaces and routers, monitoring systems, in-home network systems, playout systems, outside plant connectivity products, and other cable, and connectivity products. The Enterprise Solutions segment provides copper cable and connectivity solutions, fiber cable and connectivity solutions, and racks and enclosures; and power, cooling, and airflow management products for mission-critical data center operations. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems, including industrial and input/output (I/O) connectors, industrial cables, IP and networking cables, I/O modules, distribution boxes, ruggedized controls and sensors, customer specific wiring solutions, and controllers and sensors for use in industrial automation applications. The Network Solutions provides foundational controls for protecting enterprises against cyberattacks, automating IT regulatory compliance and improving operational efficiency; and software and services that protect against cyberattacks and data breaches with integrated security controls that discover assets, harden configurations, identify vulnerabilities and detect threats. It sells its products to distributors, end-users, installers, and original equipment manufacturers. 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 based in St. Louis, Missouri.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Nonferrous wiredrawing & insulating
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
SymbolNYSE:BDC
CUSIP07745410
Phone314-854-8000
Debt
Debt-to-Equity Ratio1.29
Current Ratio2.01
Quick Ratio1.45
Price-To-Earnings
Trailing P/E Ratio12.02
Forward P/E Ratio9.93
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.39 billion
Price / Sales1.07
Cash Flow$9.6386 per share
Price / Cash6.53
Book Value$34.02 per share
Price / Book1.85
Profitability
EPS (Most Recent Fiscal Year)$5.35
Net Income$93.21 million
Net Margins2.87%
Return on Equity19.45%
Return on Assets7.24%
Miscellaneous
Employees8,800
Outstanding Shares40,650,000
Market Cap$2,611.30
Belden (NYSE:BDC) Frequently Asked Questions
What is Belden's stock symbol?
Belden trades on the New York Stock Exchange (NYSE) under the ticker symbol "BDC."
How often does Belden pay dividends? What is the dividend yield for Belden?
Belden announced a quarterly dividend on Thursday, May 24th. Stockholders of record on Wednesday, June 20th will be paid a dividend of $0.05 per share on Tuesday, July 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.32%. The ex-dividend date of this dividend is Tuesday, June 19th. View Belden's Dividend History.
How will Belden's stock buyback program work?
Belden announced that its board has approved a share repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.
How were Belden's earnings last quarter?
Belden Inc. (NYSE:BDC) released its quarterly earnings results on Wednesday, May, 2nd. The industrial products company reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.06. The industrial products company had revenue of $605.57 million for the quarter, compared to analysts' expectations of $584.55 million. Belden had a net margin of 2.87% and a return on equity of 19.45%. The firm's revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the business earned $0.92 EPS. View Belden's Earnings History.
When is Belden's next earnings date?
What guidance has Belden issued on next quarter's earnings?
Belden issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $6.23-6.48 for the period, compared to the Thomson Reuters consensus estimate of $6.09. The company issued revenue guidance of $2.623-2.673 billion, compared to the consensus revenue estimate of $2.55 billion.Belden also updated its Q2 guidance to $1.41-1.51 EPS.
What price target have analysts set for BDC?
6 analysts have issued twelve-month target prices for Belden's shares. Their predictions range from $88.00 to $92.00. On average, they expect Belden's stock price to reach $90.00 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price. View Analyst Ratings for Belden.
What is the consensus analysts' recommendation for Belden?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Belden stock?
Here are some recent quotes from research analysts about Belden stock:
- 1. According to Zacks Investment Research, "Belden Inc is engaged in the design, manufacture and retail of cable, connectivity, and networking products in markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics. The Company's products find its application in the industrial automation, enterprise, education, healthcare, entertainment and broadcast, sound and security, transportation, infrastructure, consumer electronics and other industries. Belden has manufacturing capabilities in North America, Europe, and Asia, and a market presence in nearly every region of the world. Belden Inc is based in St. Louis, Missouri. " (5/31/2018)
- 2. Guggenheim analysts commented, "We continue to forecast Q4E showing relatively even ~6%Y/Y growth across each business but its strongest +8%Y/Y growth from Industrial networking (which we continue to consider Belden’s biggest swing-factor from -3%Y/Y in FY16 and -12%Y/Y back in FY15). CFO, Henk Derksen, outlined Belden’s 3yr FY17-20E financial goals including a Revenue CAGR of 5-7%, EBITDA margin of 20-22% (up from previous 18-20% targets), FCF CAGR of 13-15% and ROIC of 13-15%. Capital allocation priorities include a slightly increased 20% for organic investments (e.g., currently spending $15mil capex to expand its manufacturing footprint in India), 25% for share repurchases + dividends, and a slightly decreased 55% for M&A. Belden says it continues to have “excess cash” of $475mil and is pursuing a number of M&A opportunities, with the dry powder for inorganic growth." (12/6/2017)
Who are some of Belden's key competitors?
Some companies that are related to Belden include A. O. Smith (AOS), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), Alcoa (AA), ASAHI GLASS/ADR (ASGLY), AB SKF (SKFRY), HD Supply (HDS), Fortune Brands Home & Security (FBHS), Zebra Technologies (ZBRA), Graco (GGG), Pentair (PNR), KION Grp AG/ADR (KIGRY), Alstom (ALO) and Nordson (NDSN).
Who are Belden's key executives?
Belden's management team includes the folowing people:
- Mr. John S. Stroup, Pres, CEO & Chairman (Age 52)
- Mr. Hendrikus P. C. Derksen, Sr. VP of Fin. & CFO (Age 49)
- Mr. Dhrupad Trivedi, Exec. VP of Network Solutions (Age 51)
- Mr. Roel Vestjens, Exec. VP of Industrial Solutions & Broadcast IT Solutions (Age 43)
- Mr. Glenn Pennycook, Exec. VP of Enterprise & Broadband Solutions (Age 56)
Has Belden been receiving favorable news coverage?
News coverage about BDC stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Belden earned a media sentiment score of 0.11 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 45.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Belden's major shareholders?
Belden's stock is owned by many different of retail and institutional investors. Top institutional investors include Channing Capital Management LLC (3.05%), Foundry Partners LLC (0.24%), Peregrine Capital Management LLC (0.20%), Retirement Systems of Alabama (0.13%), Municipal Employees Retirement System of Michigan (0.02%) and Hartford Investment Management Co. (0.01%). Company insiders that own Belden stock include Bryan C Cressey, Christoph Gusenleitner, Dhrupad Trivedi, Glenn Pennycook, Henk Derksen, John S Stroup, Judy L Brown, Paul Keith Turner and Ross Rosenberg. View Institutional Ownership Trends for Belden.
Which major investors are selling Belden stock?
BDC stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Municipal Employees Retirement System of Michigan and Retirement Systems of Alabama. Company insiders that have sold Belden company stock in the last year include John S Stroup, Paul Keith Turner and Ross Rosenberg. View Insider Buying and Selling for Belden.
Which major investors are buying Belden stock?
BDC stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Channing Capital Management LLC, Hartford Investment Management Co. and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Belden.
How do I buy shares of Belden?
Shares of BDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Belden's stock price today?
One share of BDC stock can currently be purchased for approximately $62.94.
How big of a company is Belden?
Belden has a market capitalization of $2.61 billion and generates $2.39 billion in revenue each year. The industrial products company earns $93.21 million in net income (profit) each year or $5.35 on an earnings per share basis. Belden employs 8,800 workers across the globe.
How can I contact Belden?
Belden's mailing address is 1 NORTH BRENTWOOD BLVD 15TH FLOOR, ST. LOUIS MO, 63105. The industrial products company can be reached via phone at 314-854-8000 or via email at [email protected]
MarketBeat Community Rating for Belden (NYSE BDC)
MarketBeat's community ratings are surveys of what our community members think about Belden and other stocks. Vote "Outperform" if you believe BDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
