Belden Inc [NYSE: BDC] gained 0.16% or 0.18 points to close at $113.75 with a heavy trading volume of 159401 shares.
It opened the trading session at $113.17, the shares rose to $114.98 and dropped to $112.2827, the range by which the price of stock traded the whole day. The daily chart for BDC points out that the company has recorded 5.73% gains over the past six months.
If we look at the average trading volume of 270.85K shares, BDC reached to a volume of 159401 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Belden Inc [BDC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BDC shares is $144.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BDC stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Vertical Research have made an estimate for Belden Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 23, 2024. The new note on the price target was released on October 13, 2023, representing the official price target for Belden Inc stock. Previously, the target price had yet another raise to $115, while UBS analysts kept a Buy rating on BDC stock. On September 05, 2023, analysts increased their price target for BDC shares from 93 to 117.
The Price to Book ratio for the last quarter was 3.60, with the Price to Cash per share for the same quarter was set at 8.00. Price to Free Cash Flow for BDC in the course of the last twelve months was 20.91 with Quick ratio for the last quarter at 1.37.
Trading performance analysis for BDC stock
Belden Inc [BDC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.38. With this latest performance, BDC shares dropped by -3.41% in over the last four-week period, additionally plugging by 5.73% over the last 6 months – not to mention a rise of 1.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BDC stock in for the last two-week period is set at 48.17, with the RSI for the last a single of trading hit 3.66, and the three-weeks RSI is set at 3.59 for Belden Inc [BDC]. The present Moving Average for the last 50 days of trading for this stock 117.33, while it was recorded at 111.28 for the last single week of trading, and 114.08 for the last 200 days.
Belden Inc [BDC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Belden Inc [BDC] shares currently have an operating margin of 11.97% and a Gross Margin at 36.18%. Belden Inc’s Net Margin is presently recorded at 8.57%.
Belden Inc (BDC) Capital Structure & Debt Analysis
According to recent financial data for Belden Inc. ( BDC), the Return on Equity (ROE) stands at 18.41%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 6.73%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Belden Inc’s Return on Invested Capital (ROIC) is 8.68%, showcasing its effectiveness in deploying capital for earnings.
Belden Inc (BDC) Efficiency & Liquidity Metrics
Based on Belden Inc’s (BDC) latest financial statements, the Debt-to-Equity Ratio is 1.13%, indicating its reliance on debt financing relative to shareholder equity.
Belden Inc (BDC) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Belden Inc. (BDC) effectively leverages its workforce, generating an average of $30402.67 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.99% and a Quick Ratio of 1.37%, indicating strong ability to cover short-term liabilities.
Belden Inc [BDC]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Belden Inc posted 1.92/share EPS, while the average EPS was predicted by analysts to be reported at 1.69/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.23. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BDC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Belden Inc go to 9.53%.
An analysis of Institutional ownership at Belden Inc [BDC]
There are presently around $105.77%, or 107.36%% of BDC stock, in the hands of institutional investors. The top three institutional holders of BDC stocks are: BLACKROCK INC. with ownership of 4.92 million shares, which is approximately 12.091%. VANGUARD GROUP INC, holding 4.69 million shares of the stock with an approximate value of $$439.87 million in BDC stocks shares; and VANGUARD GROUP INC, currently with $$366.72 million in BDC stock with ownership which is approximately 9.6082%.
