Evaluating Belden: Insights From 5 Financial Analysts
Portfolio Pulse from Benzinga Insights
Five financial analysts have evaluated Belden Inc. (NYSE:BDC) over the past three months, with all expressing bullish sentiments. Analysts have set a 12-month average price target of $118.4, reflecting a slight increase from previous targets. Belden faces revenue challenges but shows strong net margin, ROE, and ROA. The company's debt-to-equity ratio is higher than industry norms.
September 18, 2024 | 12:01 pm
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Belden Inc. has received bullish ratings from five analysts, with a 12-month average price target of $118.4. The company faces revenue challenges but maintains strong financial health indicators like net margin, ROE, and ROA. However, its debt-to-equity ratio is higher than industry norms.
The bullish ratings from all five analysts and the increase in the average price target suggest a positive short-term outlook for Belden's stock. Despite revenue challenges, the company's strong net margin, ROE, and ROA indicate good financial health, which supports the bullish sentiment. However, the high debt-to-equity ratio could pose risks, but it does not seem to outweigh the positive aspects in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100