In Friday’s Wall Street session, Belden Inc (NYSE:BDC) shares traded at $114.91, up 0.45% from the previous session.
BDC stock price is now -1.73% away from the 50-day moving average and 7.08% away from the 200-day moving average. The market capitalization of the company currently stands at $4.63B.
With the price target of $110, Vertical Research recently initiated with Buy rating for Belden Inc (NYSE: BDC)., while ‘UBS’ rates the stock as ‘Buy’
In other news, Tate Leah, SVP – HR sold 2,400 shares of the company’s stock on Feb 07 ’25. The stock was sold for $275,448 at an average price of $114.77. Upon completion of the transaction, the SVP – HR now directly owns 23,243 shares in the company, valued at $2.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 07 ’25, Officer Tate Leah bought 2,400 shares of the business’s stock. A total of $275,448 was incurred on buying the stock at an average price of $114.77. A total of 1.55% of the company’s stock is owned by insiders.
During the past 12 months, Belden Inc has had a low of $78.64 and a high of $131.82. As of last week, the company has a debt-to-equity ratio of 0.97, a current ratio of 1.92, and a quick ratio of 1.37. According to the stock market information, the enterprise value for the company is $5517133824, which is based on a 23.91 price-to-earnings ratio, a 2.25 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for BDC is $116.935 and a two-hundred day moving average price translates $107.3156 for the stock.
The latest earnings results from Belden Inc (NYSE: BDC) was released for 2024-12-31. The net profit margin was 8.06% and return on equity was 16.13% for BDC. The company reported revenue of $666.04 million for the quarter, compared to $551.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.83 percent.
