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Technology - Communication Equipment - NYSE - US
$ 118.61
-1 %
$ 4.78 B
Market Cap
27.52
P/E
1. INTRINSIC VALUE

Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber, and home and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end copper and fiber network systems. This segment serves commercial real estate, hospitality, healthcare, education, financial, government, and broadband and wireless service providers, as well as end-markets, including sport venues, stadiums, data centers, military installations, and academia.[ Read More ]

The intrinsic value of one BDC stock under the base case scenario is HIDDEN Compared to the current market price of 119 USD, Belden Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BDC

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FINANCIALS
2.51 B REVENUE
-3.62%
318 M OPERATING INCOME
-12.61%
243 M NET INCOME
-4.73%
320 M OPERATING CASH FLOW
13.63%
-200 M INVESTING CASH FLOW
-118.97%
-212 M FINANCING CASH FLOW
46.10%
655 M REVENUE
8.37%
75.3 M OPERATING INCOME
2.93%
149 M NET INCOME
203.78%
181 M OPERATING CASH FLOW
118.45%
-342 M INVESTING CASH FLOW
-1492.13%
-17.4 M FINANCING CASH FLOW
-607.76%
Balance Sheet Decomposition Belden Inc.
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Current Assets 1.46 B
Cash & Short-Term Investments 597 M
Receivables 414 M
Other Current Assets 446 M
Non-Current Assets 1.78 B
Long-Term Investments 0
PP&E 546 M
Other Non-Current Assets 1.24 B
Current Liabilities 634 M
Accounts Payable 343 M
Short-Term Debt 18.9 M
Other Current Liabilities 271 M
Non-Current Liabilities 1.44 B
Long-Term Debt 1.29 B
Other Non-Current Liabilities 155 M
EFFICIENCY
Earnings Waterfall Belden Inc.
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Revenue 2.51 B
Cost Of Revenue 1.6 B
Gross Profit 916 M
Operating Expenses 586 M
Operating Income 318 M
Other Expenses 74.8 M
Net Income 243 M
RATIOS
36.47% GROSS MARGIN
36.47%
12.64% OPERATING MARGIN
12.64%
9.66% NET MARGIN
9.66%
20.82% ROE
20.82%
7.49% ROA
7.49%
11.37% ROIC
11.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Belden Inc.
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Net Income 243 M
Depreciation & Amortization 99.4 M
Capital Expenditures -117 M
Stock-Based Compensation 21 M
Change in Working Capital -18.4 M
Others -31.7 M
Free Cash Flow 203 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Belden Inc.
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Wall Street analysts predict an average 1-year price target for BDC of $126 , with forecasts ranging from a low of $115 to a high of $155 .
BDC Lowest Price Target Wall Street Target
115 USD -3.04%
BDC Average Price Target Wall Street Target
126 USD 6.23%
BDC Highest Price Target Wall Street Target
155 USD 30.68%
4. DIVIDEND ANALYSIS
0.04% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Belden Inc.
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Sold
0-3 MONTHS
717 K USD 2
3-6 MONTHS
2.5 M USD 5
6-9 MONTHS
169 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
100 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 07, 2024
Sell 386 K USD
Zink Doug
VP and CAO
- 3000
128.8231 USD
1 week ago
Nov 05, 2024
Sell 156 K USD
Zink Doug
VP and CAO
- 1324
117.488 USD
2 months ago
Aug 20, 2024
Sell 175 K USD
Anderson Brian Edward
SVP, Legal, GC and Corp. Sec.
- 1663
105 USD
3 months ago
Aug 15, 2024
Sell 659 K USD
Anderson Brian Edward
SVP, Legal, GC and Corp. Sec.
- 6556
100.4577 USD
3 months ago
Aug 13, 2024
Sell 122 K USD
Anderson Brian Edward
SVP, Legal, GC and Corp. Sec.
- 1262
96.7864 USD
3 months ago
Aug 08, 2024
Sell 482 K USD
Anderson Brian Edward
SVP, Legal, GC and Corp. Sec.
- 5071
95.0517 USD
3 months ago
Aug 09, 2024
Sell 9.51 K USD
Anderson Brian Edward
SVP, Legal, GC and Corp. Sec.
- 100
95.075 USD
3 months ago
Aug 09, 2024
Sell 3.8 K USD
Anderson Brian Edward
SVP, Legal, GC and Corp. Sec.
- 40
95 USD
3 months ago
Aug 05, 2024
Sell 240 K USD
Calderon Nancy E.
Director
- 2500
95.98 USD
4 months ago
Jul 10, 2024
Sell 74.7 K USD
Lieser Brian
EVP, Indust. Automation Solut.
- 819
91.26 USD
5 months ago
Jun 12, 2024
Sell 156 K USD
KLEIN JONATHAN C
Director
- 1607
97.289 USD
5 months ago
May 29, 2024
Sell 104 K USD
KLEIN JONATHAN C
Director
- 1093
95.5 USD
5 months ago
May 24, 2024
Sell 651 K USD
ALDRICH DAVID J
Director
- 6700
97.19 USD
8 months ago
Feb 23, 2024
Sell 169 K USD
Lieser Brian
EVP, Indust. Automation Solut.
- 2056
82.3 USD
1 year ago
Nov 13, 2023
Bought 100 K USD
Tate Leah
SVP - HR
+ 1550
64.53 USD
1 year ago
Jun 23, 2023
Sell 654 K USD
Chand Ashish
President and CEO
- 7123
91.8771 USD
1 year ago
Jun 20, 2023
Sell 2.5 M USD
Chand Ashish
President and CEO
- 26371
94.813 USD
1 year ago
Jun 15, 2023
Sell 28.1 K USD
Lieser Brian
EVP, Indust. Automation Solut.
- 298
94.35 USD
1 year ago
Jun 15, 2023
Sell 50 K USD
Lieser Brian
EVP, Indust. Automation Solut.
- 530
94.34 USD
1 year ago
Jun 15, 2023
Sell 94.3 USD
Lieser Brian
EVP, Indust. Automation Solut.
- 1
94.3 USD
1 year ago
Jun 07, 2023
Sell 216 K USD
Zink Doug
VP and CAO
- 2300
94.01 USD
1 year ago
Jun 07, 2023
Sell 4.7 K USD
Zink Doug
VP and CAO
- 50
94.02 USD
1 year ago
Jun 02, 2023
Sell 8.69 K USD
Zink Doug
VP and CAO
- 98
88.67 USD
1 year ago
Mar 17, 2023
Sell 204 K USD
KLEIN JONATHAN C
Director
- 2500
81.4871 USD
1 year ago
Mar 07, 2023
Sell 215 K USD
Calderon Nancy E.
Director
- 2500
85.91 USD
1 year ago
Feb 09, 2023
Sell 379 K USD
Mehrotra Anshuman
EVP, Broadband & 5G
- 4360
86.9911 USD
1 year ago
Nov 22, 2022
Sell 79.8 K USD
KLEIN JONATHAN C
Director
- 1000
79.816 USD
1 year ago
Nov 18, 2022
Sell 20.9 K USD
Zink Doug
VP and CAO
- 257
81.275 USD
2 years ago
Nov 09, 2022
Sell 16.7 K USD
Zink Doug
VP and CAO
- 219
76.24 USD
2 years ago
Aug 08, 2022
Sell 66.9 K USD
KLEIN JONATHAN C
director:
- 1000
66.902 USD
2 years ago
Aug 04, 2022
Sell 961 K USD
Vestjens Roel
President and CEO
- 14424
66.6585 USD
2 years ago
Aug 04, 2022
Sell 266 K USD
Mehrotra Anshuman
SVP, Sales
- 4000
66.605 USD
2 years ago
Jun 17, 2022
Bought 501 K USD
Chand Ashish
EVP, Industrial Automation
+ 9949
50.3599 USD
2 years ago
Feb 18, 2022
Sell 219 K USD
KLEIN JONATHAN C
Director
- 4000
54.7683 USD
3 years ago
Sep 13, 2021
Bought 18 K USD
Chand Ashish
EVP, Industrial Automation
+ 314
57.36 USD
3 years ago
Sep 13, 2021
Bought 231 K USD
Chand Ashish
EVP, Industrial Automation
+ 4031
57.425 USD
3 years ago
Aug 05, 2021
Sell 368 K USD
Vestjens Roel
President and CEO
- 7013
52.5187 USD
3 years ago
Dec 17, 2020
Sell 298 K USD
Stroup John S
Executive Chairman
- 7417
40.2198 USD
3 years ago
Dec 17, 2020
Sell 867 K USD
Stroup John S
Executive Chairman
- 21713
39.9298 USD
3 years ago
Dec 17, 2020
Sell 377 K USD
Stroup John S
Executive Chairman
- 9250
40.77 USD
3 years ago
Dec 16, 2020
Sell 166 K USD
Brown Judy L
Director
- 4000
41.3865 USD
3 years ago
Dec 02, 2020
Sell 67.3 K USD
KLEIN JONATHAN C
Director
- 1676
40.135 USD
4 years ago
May 21, 2020
Bought 0 USD
Calderon Nancy E.
Director
+ 2500
0 USD
4 years ago
Mar 09, 2020
Bought 39.9 K USD
Kulmaczewski Leo
SVP, Ops & Lean Enterprise
+ 1000
39.878 USD
5 years ago
Aug 01, 2019
Bought 36.4 K USD
Kulmaczewski Leo
SVP, Ops & Lean Enterprise
+ 800
45.46 USD
6 years ago
Nov 14, 2018
Bought 25 K USD
Vestjens Roel
SVP, Broadcast Solutions
+ 447
55.938 USD
6 years ago
Nov 02, 2018
Bought 76.8 K USD
Derksen Henk
SVP, Finance, & CFO
+ 1431
53.65 USD
6 years ago
Nov 01, 2018
Bought 494 K USD
Stroup John S
Chairman, President and CEO
+ 9250
53.4357 USD
6 years ago
Aug 31, 2018
Sell 17.8 K USD
Turner Paul Keith
SVP, Sales
- 247
72.051 USD
6 years ago
May 14, 2018
Bought 109 K USD
CRESSEY BRYAN C
Director
+ 2000
54.3062 USD
6 years ago
Feb 28, 2018
Sell 41 K USD
Rosenberg Ross
SVP, Bus. Dev. & Strategy
- 550
74.62 USD
6 years ago
Feb 27, 2018
Sell 58.4 K USD
Rosenberg Ross
SVP, Bus. Dev. & Strategy
- 779
75 USD
7 years ago
Nov 16, 2017
Sell 1.24 M USD
MONTER JOHN M
Director
- 15000
82.46 USD
7 years ago
Oct 06, 2017
Sell 847 K USD
Stroup John S
Chairman, President and CEO
- 10000
84.7 USD
7 years ago
Oct 09, 2017
Sell 613 K USD
Stroup John S
Chairman, President and CEO
- 7227
84.8212 USD
7 years ago
Sep 15, 2017
Sell 293 K USD
Turner Paul Keith
SVP, Sales
- 3709
78.9099 USD
7 years ago
Sep 07, 2017
Sell 22.5 K USD
Turner Paul Keith
SVP, Sales
- 294
76.611 USD
7. News
BDC Weekly Review: Tax-Loss Season Is Approaching We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPVG surged nearly 20%, while PSEC dropped due to a bad quarter and distribution cut. Tax-loss season may pressure some securities; PSEC, HRZN, TPVG, TCPC, OCSL, GSBD, NMFC, and CSWC could weaken further by year-end. seekingalpha.com - 21 hours ago
Crescent Capital: BDC Income And Promising Return With Small-Cap Exposures The recent rally in small-cap stocks indicates strong market confidence toward 2025, also making Crescent Capital BDC a compelling income investment. CCAP should benefit from a pro-small business tax policy and a favorable market environment, offering a 9.7% dividend yield for income seekers. Comparing CCAP with RVT shows similar total returns, with CCAP outperforming since inception, suggesting CCAP's strong performance in a rate-cut cycle. seekingalpha.com - 1 day ago
Golub Capital BDC: High-Quality 11% Yield Golub Capital BDC offers a solid track record, high asset quality, and good management, yielding over 11% with an undemanding valuation, making it attractive for income investors. The company focuses on first-lien senior secured debt, providing low-risk exposure and high-interest rates, with a diversified portfolio across non-cyclical industries. Significant insider ownership aligns management with shareholders' interests, and recent earnings show strong net investment income growth and improved asset quality. seekingalpha.com - 1 day ago
Fidus Investment: A High-Yield BDC With Dividend Coverage And Growth Fidus Investment offers a compelling investment with a high dividend yield of 8.6%, comfortably covered by net investment income and strong liquidity. The company's net asset value has shown substantial growth, indicating robust investment performance and dividend stability, with a YoY increase of 11.8%. Fidus' diversified portfolio, primarily in First-Lien Debts, and a fair value of $1.1 billion, support its financial health and investment potential. seekingalpha.com - 2 days ago
Kayne Anderson BDC, Inc. Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.40 Per Share CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the third quarter ended September 30, 2024. “We are pleased to report strong origination activity during the third quarter,” said Doug Goodwillie, Co-Chief Executive Officer. “Origination volumes have picked-up substantially during 2024 and we see this pace continui. businesswire.com - 3 days ago
Goldman Sachs BDC: Is This 14% BDC Yield Risky? Goldman Sachs BDC offers a high 14% yield and trades at a 4% discount to NAV, making it an attractive buy. The BDC's dividend is well-covered by net investment income, with a 78% payout ratio in 3Q24, ensuring dividend sustainability. Improving non-accrual ratio and strong gross originations highlight Goldman Sachs BDC's solid portfolio performance and potential for capital appreciation. seekingalpha.com - 3 days ago
Gladstone Investment: High And Reliable Monthly Income BDC With Strong Fundamentals Gladstone Investment has been one of my favorite monthly income plays in the BDC sector since late 2023. While the returns have been slightly below sector average, the base dividend has become even safer and the price appreciation potential has also improved. In this article, I explain in detail why after recent earnings report, GAIN, in my view, could be still deemed as an attractive monthly income investment. seekingalpha.com - 3 days ago
Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended September 30, 2024, and Quarterly Distribution NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (“ICMB” or the “Company”) announced its financial results today for its fiscal quarter ended September 30, 2024. HIGHLIGHTS On November 6, 2024, the Company's Board of Directors (the “Board”) declared a distribution of $0.12 per share for the quarter ending December 31, 2024, payable in cash on January 8, 2025, to stockholders of record as of December 20, 2024. During the quarter, ICMB made investments in three new. businesswire.com - 4 days ago
Monroe Capital Corporation BDC Announces Third Quarter 2024 Results CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the third quarter ended September 30, 2024. globenewswire.com - 4 days ago
Crescent Capital BDC, Inc. Reports Third Quarter 2024 Earnings Results; Declares a Fourth Quarter Base Dividend of $0.42 Per Share, and a Third Quarter Supplemental Dividend of $0.07 Per Share LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $0.64 per share and net income of $0.41 per share for the quarter ended September 30, 2024. Reported net asset value per share was $20.20 as of September 30, 2024. globenewswire.com - 4 days ago
BDC Weekly Review: Capital Southwest Investors Didn't Like The Earnings We take a look at the action in business development companies through the first week of November and highlight some of the key themes we are watching. BDCs pulled back around 2% along with other higher-beta income sectors. Investors did not like CSWC results, with the stock 7% lower from prior to the report. seekingalpha.com - 1 week ago
Goldman Sachs BDC, Inc. Reports September 30, 2024 Financial Results and Announces Quarterly Dividend of $0.45 Per Share NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the third quarter ended September 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income per share for the quarter ended September 30, 2024 was $0.58. Excluding purchase discount amortization per share of $0.01 from the Merger (as defined below), adjusted net investment income per. businesswire.com - 1 week ago
8. Profile Summary

Belden Inc. BDC

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COUNTRY US
INDUSTRY Communication Equipment
MARKET CAP $ 4.78 B
Dividend Yield 0.04%
Description Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber, and home and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end copper and fiber network systems. This segment serves commercial real estate, hospitality, healthcare, education, financial, government, and broadband and wireless service providers, as well as end-markets, including sport venues, stadiums, data centers, military installations, and academia. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems; and industrial Ethernet switches, network management software, routers, firewalls, gateways, input/output (I/O) connectors/systems, industrial Ethernet cables, optical fiber industrial Ethernet cables, Fieldbus cables, IP and networking cables, I/O modules, distribution boxes, and customer specific wiring solutions. This segment provides its products for use in applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission; and supplies heat-shrinkable tubing and wire management products to protect and organize wire and cable assemblies. It serves distributors, original equipment manufacturers, installers, and end-users. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is based in St. Louis, Missouri.
Contact 1 North Brentwood Boulevard, Saint Louis, MO, 63105 https://www.belden.com
IPO Date Nov. 24, 1993
Employees 8000
Officers Aaron Reddington C.F.A. Vice President Investor Relations Ms. Leah Tate Senior Vice President of Human Resources Mr. Brian Lieser Executive Vice President of Automation Solutions Mr. Jay Wirts Executive Vice President of Smart Infrastructure Solutions Mr. Douglas R. Zink Vice President & Chief Accounting Officer Dr. Ashish Chand President, Chief Executive Officer & Director Mr. Jeremy E. Parks Senior Vice President of Finance & Chief Financial Officer Mr. Hiran Bhadra Senior Vice President of Strategy & Technology