Headlines about Belden (NYSE:BDC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Belden earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 46.0507583634876 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of research analysts have recently issued reports on BDC shares. Guggenheim restated a “buy” rating and issued a $90.00 price objective on shares of Belden in a report on Monday, September 25th. Zacks Investment Research lowered shares of Belden from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. TheStreet lowered shares of Belden from a “b” rating to a “c+” rating in a report on Wednesday, November 1st. Cross Research lowered shares of Belden from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Canaccord Genuity reiterated a “buy” rating and set a $94.00 target price on shares of Belden in a report on Friday, December 1st. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. Belden presently has a consensus rating of “Hold” and an average price target of $89.50.
Shares of Belden (NYSE BDC) traded down $1.45 during midday trading on Tuesday, reaching $84.21. 238,084 shares of the company were exchanged, compared to its average volume of 264,160. Belden has a 52 week low of $64.60 and a 52 week high of $86.85. The stock has a market cap of $3,600.00, a price-to-earnings ratio of 58.48 and a beta of 2.28. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.79 and a current ratio of 2.26.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Friday, December 15th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend was Thursday, December 14th. Belden’s payout ratio is 13.89%.
Belden Company Profile
Belden Inc is a signal transmission solutions provider company. The Company operates through five segment: Broadcast Solutions (Broadcast), Enterprise Connectivity Solutions (Enterprise), Industrial Connectivity Solutions (Industrial Connectivity), Industrial IT Solutions (Industrial IT), and Network Security Solutions (Network Security).
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