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 Ratio1.10
Current Ratio1.79
Quick Ratio1.26
Price-To-Earnings
Trailing P/E Ratio12.90
Forward P/E Ratio10.88
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.39 billion
Price / Sales1.18
Cash Flow$9.6667 per share
Price / Cash7.17
Book Value$34.02 per share
Price / Book2.04
Profitability
EPS (Most Recent Fiscal Year)$5.35
Net Income$93.21 million
Net Margins2.52%
Return on Equity20.50%
Return on Assets7.57%
Miscellaneous
Employees8,800
Outstanding Shares40,640,000
Market Cap$2.86 billion
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 declared a quarterly dividend on Thursday, May 24th. Investors 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 yield of 0.29%. 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 declared that its Board of Directors has initiated a stock buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.
How were Belden's earnings last quarter?
Belden Inc. (NYSE:BDC) announced its quarterly earnings results on Wednesday, August, 1st. The industrial products company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.46 by $0.06. The industrial products company earned $668.64 million during the quarter, compared to the consensus estimate of $661.83 million. Belden had a net margin of 2.52% and a return on equity of 20.50%. Belden's quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.29 EPS. View Belden's Earnings History.
When is Belden's next earnings date?
What guidance has Belden issued on next quarter's earnings?
Belden updated its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of $6.28-6.48 for the period, compared to the Thomson Reuters consensus estimate of $6.36. The company issued revenue guidance of $2.643-2.673 billion, compared to the consensus revenue estimate of $2.65 billion.Belden also updated its Q3 guidance to $1.65-1.75 EPS.
What price target have analysts set for BDC?
5 analysts have issued 1 year price objectives for Belden's shares. Their predictions range from $88.00 to $90.00. On average, they anticipate Belden's stock price to reach $89.3333 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Price Targets for Belden.
What is the consensus analysts' recommendation for Belden?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Belden.
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. " (8/3/2018)
- 2. Guggenheim analysts commented, "We continue to forecast re-accelerating organic revs growth through FY18E and tick EPS up another +$0.02 to $6.40. Reiterate our BUY rating and $90 price target." (8/1/2018)
Who are some of Belden's key competitors?
Some companies that are related to Belden include BRAMBLES Ltd/S (BXBLY), Packaging Corp Of America (PKG), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), A. O. Smith (AOS), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), AB SKF (SKFRY), Zebra Technologies (ZBRA), Alcoa (AA), HD Supply (HDS), Graco (GGG), Fortune Brands Home & Security (FBHS), Allegion (ALLE) 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 headlines about BDC stock have been trending somewhat positive on Friday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Belden earned a news and rumor sentiment score of 0.09 on Accern's scale. They also gave news articles about the industrial products company an impact score of 46.62 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Belden.
Who are Belden's major shareholders?
Belden's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (12.96%), BlackRock Inc. (11.14%), Boston Partners (9.68%), Dimensional Fund Advisors LP (3.52%), Victory Capital Management Inc. (3.21%) and Channing Capital Management LLC (3.05%). 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 institutional investors are selling Belden stock?
BDC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Aristotle Capital Boston LLC, Foundry Partners LLC, Bank of New York Mellon Corp, Sterling Capital Management LLC, Wedge Capital Management L L P NC, Mutual of America Capital Management LLC and Frontier Capital Management Co. LLC. 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 institutional investors are buying Belden stock?
BDC stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Boston Partners, Wells Fargo & Company MN, Investment Counselors of Maryland LLC, Dimensional Fund Advisors LP, Sei Investments Co., Lapides Asset Management LLC and American Century Companies Inc.. 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 $69.31.
How big of a company is Belden?
Belden has a market capitalization of $2.86 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.
