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.
A number of analysts gave price targets for BDC. The most optimistic analyst gave a price target of 93, implying a possible profit of 24.95 percent. The lowest price target was 78, implying a possible loss of 4.8 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
The growth rate of BDC's earnings is estimated by analysts to be 91.99 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. BDC has a PEG ratio of 0.3.
BDC has traded between a high of 81.33 and a low of 60.06 over the past year. Currently the stock is 23.93 percent higher than its low, and below the high by 8.48 percent. 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 stock has a market capitalization of $3.27 billion. BDC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.