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

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

Belden Stock Performance

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

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors 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 annualized dividend and a dividend yield of 0.17%. Belden’s dividend payout ratio is presently 4.16%.

Analyst Ratings Changes

BDC has been the topic of a number of research reports. Truist Financial raised their price target on shares of Belden from $124.00 to $136.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Benchmark reaffirmed a “buy” rating and issued a $130.00 price target on shares of Belden in a research note on Friday, January 24th. Finally, StockNews.com downgraded Belden from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 2nd. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $122.75.

About Belden

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.