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
Phone314-854-8000
Debt
Current Ratio1.90
Quick Ratio1.38
Price-To-Earnings
Sales & Book Value
Annual Sales$2.39 billion
Price / Sales0.88
Price / Cash Flow5.11
Price / Book1.52
Profitability
Net Income$93.21 million
Net Margins5.83%
Return on Assets7.78%
Miscellaneous
Employees8,800
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 announced a quarterly dividend on Thursday, November 29th. Shareholders of record on Monday, December 17th will be given a dividend of $0.05 per share on Tuesday, January 8th. This represents a $0.20 annualized dividend and a yield of 0.39%. The ex-dividend date is Friday, December 14th. View Belden's Dividend History.
How will Belden's stock buyback program work?
Belden announced that its Board of Directors has approved a share repurchase program on Thursday, November 29th 2018, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 13.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.
How were Belden's earnings last quarter?
Belden Inc. (NYSE:BDC) released its earnings results on Wednesday, October, 31st. The industrial products company reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business's quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.49 earnings per share. 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 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?
7 Wall Street analysts have issued twelve-month price objectives for Belden's stock. Their predictions range from $41.92 to $90.00. On average, they anticipate Belden's share price to reach $64.2833 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price. View Analyst Price Targets for Belden.
What is the consensus analysts' recommendation for Belden?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 3 hold ratings and 4 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. " (1/1/2019)
- 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?
Media coverage about BDC stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Belden earned a daily 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, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days.
Who are some of Belden's key competitors?
Some companies that are related to Belden include A. O. Smith (AOS), Allegion (ALLE), AB SKF (SKFRY), ASAHI GLASS/ADR (ASGLY), Nordson (NDSN), Graco (GGG), Pentair (PNR), Halma (HLMAF), DAI NIPPON PRTG/S (DNPLY), HD Supply (HDS), Berry Global Group (BERY), Crown (CCK), Middleby (MIDD), Fortune Brands Home & Security (FBHS) and AptarGroup (ATR).
Who are Belden's key executives?
Belden's management team includes the folowing people:
- Mr. John S. Stroup, Pres, CEO & Chairman (Age 53)
- Mr. Hendrikus P. C. Derksen, Sr. VP of Fin. & CFO (Age 50)
- Mr. Dhrupad Trivedi, Exec. VP of Network Solutions (Age 52)
- Mr. Roel Vestjens, Exec. VP of Industrial Solutions & Broadcast IT Solutions (Age 44)
- Mr. Glenn Pennycook, Exec. VP of Enterprise & Broadband Solutions (Age 57)
Who are Belden's major shareholders?
Belden's stock is owned by a number of of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.13%), Louisiana State Employees Retirement System (0.03%) and First Midwest Bank Trust Division (0.01%). Company insiders that own Belden stock include Bryan C Cressey, Glenn Pennycook, Henk Derksen, John S Stroup, Paul Keith Turner, Roel Vestjens 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 Louisiana State Employees Retirement System, First Midwest Bank Trust Division and Retirement Systems of Alabama. 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.
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 $51.86.
How big of a company is Belden?
Belden has a market capitalization of $2.03 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.
