Belden (NYSE:BDC) Releases Earnings Results, Beats Expectations By $0.24 EPS

Belden (NYSE:BDC) issued its earnings results on Thursday. The industrial products company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.24, Zacks reports. Belden had a return on equity of 21.42% and a net margin of 8.06%. Belden updated its Q1 2025 guidance to 1.430-1.530 EPS.

Belden Trading Up 0.0 %

BDC stock opened at $115.08 on Friday. Belden has a 52-week low of $78.05 and a 52-week high of $131.82. The company has a quick ratio of 1.43, a current ratio of 1.92 and a debt-to-equity ratio of 0.87. The firm has a market cap of $4.64 billion, a P/E ratio of 23.92 and a beta of 1.08. The company’s 50-day simple moving average is $117.23 and its 200-day simple moving average is $112.88.

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were issued a $0.05 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.17%. Belden’s payout ratio is 4.16%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BDC shares. Benchmark reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Belden in a report on Friday, January 24th. Truist Financial upped their price target on shares of Belden from $124.00 to $136.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, StockNews.com lowered Belden from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 2nd. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Belden presently has a consensus rating of “Buy” and a consensus price target of $122.75.

Belden Company Profile

Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.