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 maximum price target given was 93, implying a possible profit of 24.95 percent. The minimum price target given was 78, implying potential capital losses 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.
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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of BDC's earnings is estimated by analysts to be 91.99 percent. 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BDC is 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 8.48 percent lower than its 52-week high. 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.