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
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 Ratio11.71
Forward P/E Ratio9.88
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.39 billion
Price / Sales1.07
Cash Flow$9.8957 per share
Price / Cash6.33
Book Value$34.02 per share
Price / Book1.84
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
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. 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 is Tuesday, June 19th. View Belden's Dividend History.
How will Belden's stock buyback program work?
Belden announced that its Board of Directors has initiated a stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its shares are 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 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.06. The industrial products company earned $605.57 million during the quarter, compared to analyst estimates of $584.55 million. Belden had a return on equity of 19.45% and a net margin of 2.87%. The business's revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior 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 updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $6.23-6.48 for the period, compared to the Thomson Reuters consensus EPS 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?
8 brokerages have issued 12-month target prices for Belden's stock. Their predictions range from $88.00 to $93.00. On average, they anticipate Belden's share price to reach $90.60 in the next year. 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. " (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 James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), KION Grp AG/ADR (KIGRY), ASAHI GLASS/ADR (ASGLY), AB SKF (SKFRY), Alcoa (AA), Zebra Technologies (ZBRA), Fortune Brands Home & Security (FBHS), HD Supply (HDS), HITACHI Constr/ADR (HTCMY), Pentair (PNR), Graco (GGG), Allegion (ALLE) and Alstom (ALO).
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 on Wednesday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Belden earned a coverage optimism score of 0.19 on Accern's scale. They also assigned news headlines about the industrial products company an impact score of 46.59 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Belden's major shareholders?
Belden's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.66%), Boston Partners (7.69%), Dimensional Fund Advisors LP (2.95%), Lord Abbett & CO. LLC (2.46%), Wells Fargo & Company MN (2.04%) and Northern Trust Corp (1.52%). 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 Systematic Financial Management LP, Lord Abbett & CO. LLC, Sei Investments Co., JPMorgan Chase & Co., Millennium Management LLC, Prescott Group Capital Management L.L.C., Citigroup Inc. and State of Wisconsin Investment Board. 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 bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Boston Partners, American Century Companies Inc., Victory Capital Management Inc., Wedge Capital Management L L P NC, BlackRock Inc., Foresters Investment Management Company Inc. and Stanley Capital Management 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 $62.64.
How big of a company is Belden?
Belden has a market capitalization of $2.53 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 (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.
