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.
Many analysts weighed in on price targets for BDC. The maximum price target given was 93, implying potential capital gains of 24.95 percent. The minimum price target given was 78, which equates to a potential downside of 4.8 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 7.08 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.34 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.55 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
BDC has an estimated earnings growth rate of 91.99 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BDC is 0.3.
In the trailing 52-weeks, BDC hit 81.33 at the highest peak, while it's lowest trading point was 60.06. The current market price is above the trailing year's low by 23.93 percent, and 8.48 percent below the high. BDC has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.