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 minimum price target given was 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. If we look at the last 90 days instead, we find a net average change of 3.55 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
BDC has an estimated earnings growth rate of 91.99 percent as forecasted by analysts. 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, but many choose to perform ratio comparisons with other companies in the industry. BDC has a PEG ratio of 0.3.
In the last 52-weeks, BDC has achieved a high of 81.33 and a low of 60.06. Today's price is 23.93 percent above the 52-week low, 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.