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
Current SymbolNYSE:BDC
Previous Symbol
CUSIP07745410
Phone314-854-8000
Debt
Debt-to-Equity Ratio1.08
Current Ratio1.90
Quick Ratio1.38
Price-To-Earnings
Trailing P/E Ratio9.89
Forward P/E Ratio8.69
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.39 billion
Price / Sales0.89
Cash Flow$9.2483 per share
Price / Cash5.72
Book Value$34.02 per share
Price / Book1.55
Profitability
EPS (Most Recent Fiscal Year)$5.35
Net Income$93.21 million
Net Margins5.83%
Return on Equity21.28%
Return on Assets7.78%
Miscellaneous
Employees8,800
Outstanding Shares40,310,000
Market Cap$2.27 billion
OptionableOptionable
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 Monday, August 20th. Shareholders of record on Tuesday, September 18th will be given a dividend of $0.05 per share on Thursday, October 4th. This represents a $0.20 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend is Monday, September 17th. View Belden's Dividend History.
How will Belden's stock buyback program work?
Belden announced that its Board of Directors has authorized a share repurchase program on Sunday, June 4th 2017, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.
How were Belden's earnings last quarter?
Belden Inc. (NYSE:BDC) posted its quarterly earnings results on Wednesday, October, 31st. The industrial products company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.71 by $0.01. The industrial products company earned $659 million during the quarter, compared to analysts' expectations of $679.15 million. Belden had a net margin of 5.83% and a return on equity of 21.28%. The firm's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.49 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 fourth quarter earnings guidance on Wednesday, October, 31st. The company provided earnings per share guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.98. The company issued revenue guidance of $657-674 million, compared to the consensus revenue estimate of $697.91 million.Belden also updated its FY 2018 guidance to $6.00-6.10 EPS.
What price target have analysts set for BDC?
6 brokerages have issued 1 year target prices for Belden's stock. Their forecasts range from $56.00 to $90.00. On average, they anticipate Belden's stock price to reach $72.00 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price. View Analyst Price Targets 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 3 hold ratings and 3 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. " (11/2/2018)
- 2. Canaccord Genuity analysts commented, "We recently hosted investor meetings with management and come away with increased confidence in both the growth outlook for H2/18 (backlog + $30M y/y entering Q3, much easier comps) and positioning for longer-term secular drivers (industrial automation, smart buildings, rising bandwidth needs, etc.). Short interest remains elevated (we believe a potential positive catalyst), as we maintain our BUY recommendation. Broadcast at the bottom. Clearly a source of much investor consternation in recent periods (outsized vs. overall platform contribution, in our view), we believe GV has likely troughed, as big projects have largely dried up (Q1/18 faced a particularly tough comp) and current demand is much more run-rate" (while cost structure is greatly optimized for eventual upturn)." (8/22/2018)
- 3. 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)
Has Belden been receiving favorable news coverage?
News stories about BDC stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Belden earned a news sentiment score of -1.2 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days.
Who are some of Belden's key competitors?
Some companies that are related to Belden include Allegion (ALLE), Avery Dennison (AVY), A. O. Smith (AOS), ASAHI GLASS/ADR (ASGLY), Nordson (NDSN), Pentair (PNR), Graco (GGG), HD Supply (HDS), Donaldson (DCI), AB SKF (SKFRY), DAI NIPPON PRTG/S (DNPLY), Alcoa (AA), Crown (CCK), AptarGroup (ATR) and Berry Global Group (BERY).
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)
Who are Belden's major shareholders?
Belden's stock is owned by a number of of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (13.02%), BlackRock Inc. (11.32%), Dimensional Fund Advisors LP (3.76%), Victory Capital Management Inc. (3.22%), Bank of New York Mellon Corp (2.57%) and Channing Capital Management LLC (2.56%). 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, Roel Vestjens 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 Frontier Capital Management Co. LLC, Channing Capital Management LLC, American Century Companies Inc., Wells Fargo & Company MN, Thrivent Financial for Lutherans, Crestline Management LP, Bank of New York Mellon Corp and Mutual of America Capital Management LLC. Company insiders that have sold Belden company stock in the last year include 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 Macquarie Group Ltd., Jane Street Group LLC, Dimensional Fund Advisors LP, BlackRock Inc., Mirae Asset Global Investments Co. Ltd., James Investment Research Inc., GSA Capital Partners LLP and MetLife Investment Advisors LLC. Company insiders that have bought Belden stock in the last two years include Bryan C Cressey, Henk Derksen, John S Stroup and Roel Vestjens. 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 $52.90.
How big of a company is Belden?
Belden has a market capitalization of $2.27 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.
What is Belden's official website?
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.
