Analyst Ratings for Belden Inc. (BDC)Updated: 2017-07-26
Analysts covering Belden Inc. (NYSE:BDC) have given it a consensus rating of Overweight. BDC had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 8 analysts, 0 gave an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
BDC was given price targets by several analysts. The most optimistic analyst gave a price target of 93, implying potential capital gains of 24.95 percent. The most pessimistic analyst gave a price target of 78, implying a possible loss of 4.8 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 7.08 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.34 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.55 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of BDC to grow at a rate of 91.99 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. BDC has a PEG ratio of 0.3.
In the trailing 52-weeks, BDC hit 81.33 at the highest peak, while it's lowest trading point was 60.06. Today's price is 23.93 percent above the 52-week low, and below the high by 8.48 percent. BDC has a P/E ratio of 28.03. Investors typically compare the P/E ratio to a company's peers in the industry. The BDC value stock report compares BDC to some of its peers using value stock charts. The market cap of BDC is $3.27 billion. BDC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.