Stocks · Technology · Communication Equipment
Belden Inc. BDC
$112.46 +3.86% Close, Oct 2, 2026 · NYSE · Market cap $4.39B
Inexpensive vs sector
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +7.7%).
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Revenue over the last four quarters was $2.86B, up 9.4% from a year earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth29Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 43%
- EPS growth (TTM, YoY)Bottom 47%
- FCF growth (TTM, YoY)Bottom 30%
- Revenue growth, 3-year CAGRBottom 35%
- Revenue growth accelerationBottom 46%
Quality53Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 25%
- Gross marginBottom 29%
- Operating marginTop 29%
- Cash conversion (OCF / net income)Bottom 42%
- Accruals (lower is better)Bottom 31%
- Net debt / EBITDA (lower is better)Bottom 27%
- Interest coverTop 21%
Value86Strong
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 14%
- Free-cash-flow yieldTop 37%
- EBITDA / enterprise valueTop 18%
- Sales / enterprise valueTop 27%
- P/E vs own 5-year history (lower is better)Top 31%
Momentum31Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 46%
- 6-month returnBottom 25%
- 1-year return vs S&P 500Bottom 42%
- Distance from 52-week highTop 49%
- Trend checklist (0–4)Bottom 10%
Revisions93Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 48%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 18%
- Upside to consensus price targetTop 40%
Stability66Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 36%
- Maximum drawdown, 3 yearsTop 8%
- Beta vs S&P 500 (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Bottom 27%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 9.3% | 9.4% | ↑ |
| EPS growth (YoY) | 14.7% | 11.4% | ↓ |
| Gross margin | 37.6% | 36.5% | ↓ |
| Operating margin | 11.4% | 13.1% | ↑ |
| FCF margin | 8.2% | 7.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.4% | 9.3% | ↑ | Bottom 43% |
| EPS growth (TTM, YoY) | 11.4% | 14.7% | ↓ | Bottom 47% |
| Gross margin | 36.5% | 37.6% | ↓ | Bottom 29% |
| Operating margin | 13.1% | 11.4% | ↑ | Top 29% |
| Net margin | 8.5% | 8.6% | ↓ | — |
| Free-cash-flow margin | 7.4% | 8.2% | ↓ | — |
| Return on invested capital | 10.5% | — | Top 25% | |
| Revenue growth, 3-year CAGR | 1.4% | — | Bottom 35% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.54×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +8.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.14×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 15.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.18%
- Net buyback yield (TTM)
- 2.60%
- Shareholder yield
- 2.78%
- Share count change, 1 year
- -1.8%
- Share count change, 3-year CAGR
- -3.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 28, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +7.7%
- Average 2-day reaction, last 8
- +0.3%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $155.00
- Target vs current price
- +37.8%
- Analysts with a rating
- 14
- Share rating Buy or Strong Buy
- 86%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +15.8% | +14.8% | +25.6% | +15.7% | — |
| Apr 30, 2026 | +3.5% | -11.8% | -10.1% | -17.3% | -17.0% |
| Feb 12, 2026 | +7.8% | +6.1% | +1.7% | -18.0% | -21.0% |
| Oct 30, 2025 | +3.7% | +2.4% | +0.8% | -4.7% | -1.5% |
| Jul 31, 2025 | +9.9% | -3.4% | -9.7% | +3.8% | -7.5% |
| May 1, 2025 | +8.1% | -1.7% | +1.9% | +4.3% | +26.0% |
| Feb 6, 2025 | +14.3% | -1.1% | -3.1% | -10.4% | -9.9% |
| Oct 31, 2024 | +5.6% | -3.2% | +11.7% | +3.6% | -1.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $2.34 | $2.02 | +15.8% | $750.2M |
| Apr 30, 2026 | $1.77 | $1.71 | +3.5% | $696.4M |
| Feb 12, 2026 | $2.08 | $1.93 | +7.8% | $720.1M |
| Oct 30, 2025 | $1.97 | $1.90 | +3.7% | $698.2M |
| Jul 31, 2025 | $1.89 | $1.72 | +9.9% | $672.0M |
| May 1, 2025 | $1.60 | $1.48 | +8.1% | $624.9M |
| Feb 6, 2025 | $1.92 | $1.68 | +14.3% | $666.0M |
| Oct 31, 2024 | $1.70 | $1.61 | +5.6% | $654.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 18.3× | 21.7× | 29th | Top 14% |
| P/E (forward) | 13.0× | — | — | — |
| EV / EBITDA | 11.9× | — | — | Top 18% |
| EV / Sales | 1.87× | — | — | Top 27% |
| Free-cash-flow yield | 4.83% | — | — | Top 37% |
| Earnings yield | 5.47% | — | — | Top 14% |
P/E over the past five years
Range 10.2× – 40.0× since Jul 4, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -5.0%
- Earnings per share growth (TTM)
- +11.4%
- Change in P/E multiple
- -15.0%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +1.6%
- 200-day average slope (20 days)
- -0.2%
- Distance from 50-day average
- -5.3%
- Distance from 200-day average
- -5.7%
- RSI (14)
- 47.6
- Relative volume
- 0.77×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 51.4%
- Volatility vs own 5-year history
- 94th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.36
- Correlation with S&P 500
- 0.51
- Current drawdown from 1-year high
- -25.5%
- Maximum drawdown, 3 years
- -35.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jul 18, 2023 | Nov 2, 2023 | -36.6% | 76 days | 186 days (Aug 1, 2024) |
| Feb 12, 2026 | Jul 20, 2026 | -34.1% | 107 days | Not yet recovered |
| Nov 6, 2024 | Apr 8, 2025 | -33.7% | 103 days | 96 days (Aug 26, 2025) |
| Nov 15, 2021 | Apr 12, 2022 | -28.8% | 102 days | 83 days (Aug 11, 2022) |
| Feb 8, 2021 | Mar 24, 2021 | -23.4% | 31 days | 31 days (May 7, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.39B
- P/E (TTM)
- 18.3
- EPS, diluted (TTM)
- $6.15
- Revenue (TTM)
- $2.86B
- Dividend yield
- 0.18%
- 52-week range
- $98.00 – $159.99
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.30B | $2.61B | $2.51B | $2.46B | $2.72B |
| Gross profit | $771.8M | $916.3M | $955.0M | $922.2M | $978.2M |
| Operating income | $263.7M | $363.3M | $317.5M | $266.5M | $331.7M |
| Net income | $63.9M | $254.7M | $242.8M | $198.4M | $237.5M |
| EPS (diluted) | $1.41 | $5.72 | $5.66 | $4.80 | $5.91 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $654.9M | $666.0M | $624.9M | $672.0M | $698.2M | $720.1M | $696.4M | $750.2M |
| Net income | $53.7M | $58.4M | $51.9M | $61.0M | $56.7M | $67.9M | $51.0M | $68.5M |
| EPS (diluted) | $1.30 | $1.42 | $1.27 | $1.53 | $1.41 | $1.70 | $1.30 | $1.74 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $272.1M | $281.3M | $319.6M | $352.1M | $354.9M |
| Capital expenditure | -$91.0M | -$105.1M | -$116.7M | -$129.1M | -$136.2M |
| Free cash flow | $181.1M | $176.2M | $202.9M | $223.0M | $218.7M |
| Dividends paid | -$9.1M | -$8.9M | -$8.5M | -$8.2M | -$8.0M |
| Net share buybacks | -$5.6M | -$146.3M | -$185.6M | -$125.4M | -$216.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $348.7M
- Total assets
- $3.57B
- Total liabilities
- $2.18B
- Total debt
- $1.32B
- Net debt
- $970.6M
- Shareholders’ equity
- $1.38B
As of Jun 28, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 16, 2026 | $0.05 | Oct 8, 2026 |
| Jun 16, 2026 | $0.05 | Jul 9, 2026 |
| Mar 12, 2026 | $0.05 | Apr 9, 2026 |
| Dec 11, 2025 | $0.05 | Jan 8, 2026 |
| Sep 11, 2025 | $0.05 | Oct 7, 2025 |
| Jun 12, 2025 | $0.05 | Jul 9, 2025 |
| Mar 13, 2025 | $0.05 | Apr 10, 2025 |
| Dec 12, 2024 | $0.05 | Jan 9, 2025 |
Short interest
- Shares sold short
- 4,051,483
- Days to cover
- 8.81
- Change vs previous report
- +20.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 16, 2004
- 1-for-2
- Aug 22, 2000
- 3-for-2
- Jan 12, 1998
- 3-for-2
- Jan 2, 1996
- 3-for-2