BDC Belden, Inc. featured news, full reports, and detailed charts
Belden, Inc. (BDC) Wrap Up:
Belden Inc. designs, manufactures, and sells signal transmission solutions for industrial automation, data centers, broadcast studios, and aerospace markets. The company?s cable products include copper cables comprising shielded and unshielded twisted pair cables, coaxial cables, stranded cables, and ribbon cables; fiber optic cables; and composite cable, such as combination of multiconductor, coaxial, and fiber optic cables. It also produces and sells connectors primarily for industrial and data networking applications, as well as sells end-to-end structured cabling solutions. In addition, the company?s active connectivity products include industrial Ethernet switches and related equipment, fiber optic interfaces and media converters used to bridge fieldbus networks over long distances, and load-moment indicators for mobile cranes and other load-bearing equipment. Further, its wireless products consist of a range of wireless local area network products for use in various markets, including the healthcare, education, and enterprise markets. The company sells its products directly to original equipment manufacturers, and installers of equipment and systems, as well as to distributors. It primarily operates in the United States, Canada, Europe, Latin America, Africa, the Asia Pacific, and the Middle East. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1993 and is based in St. Louis, Missouri.Belden, Inc. (BDC:NYSE)
Snapshot of Belden, Inc. (BDC)
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OPEN
$23.37
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PREVIOUS CLOSE
$23.60
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DAY HIGH
$23.81
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DAY LOW
$23.00
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52 WEEK HIGH
10/23/09 - $26.88
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52 WEEK LOW
03/6/09 - $8.18
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MARKET CAP
1.1B
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AVERAGE VOLUME 3 mo
254.0K
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DILUTED EPS TTM
$-10.60
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SHARES OUTSTANDING
46.7M
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EX-DATE
12/14/09
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P/E TTM
NM
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DIVIDEND
$0.20
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DIVIDEND YIELD
0.85%
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| K = Thousands M = Millions B = Billions | ||
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Key developments for Belden, Inc. (BDC)
Belden Inc. announces a new partnership with Omni Cable Corporation. This new partnership is sure to provide greater value to its customers since it will be able to supply its electrical distributors with high quality Belden cable, as well as the ability to support Belden's Complete Industrial Solutions.
Belden Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 27, 2009. For the quarter, the company reported net loss of $7,476,000 or $0.16 diluted earnings per share on revenues of $355,159,000 compared to the net income of $31,534,000 or $0.67 diluted earnings per share on revenues of $520,494,000 for the same quarter year ago. Operating income was $18,440,000 against $47,738,000 for the same period a year ago. Income before taxes was $8,482,000 against $40,920,000 for the same period a year ago. As per Adjusted results, the company reported net loss of $12,896,000 or $0.27 diluted earnings per share on revenues of $355,220,000 compared to the net income of $36,826,000 or $0.78 diluted earnings per share on revenues of $529,215,000 for the same quarter year ago. For the nine months, the company reported net loss of $44,816,000 or $0.96 diluted earnings per share on revenues of $1,027,492,000 compared to the net income of $86,224,000 or $1.81 diluted earnings per share on revenues of $1,588,623,000 for the same quarter year ago. Operating loss was $14,938,000 against income of $140,194,000 for the same period a year ago. Loss before taxes was $40,068,000 against income of $119,953,000 for the same period a year ago. Net cash provided by operating activities was $119,936,000 against $127,867,000 for the same period a year ago. Capital expenditures was $26,178,000 against $32,421,000 for the same period a year ago. As per Adjusted results, the company reported net loss of $35,994,000 or $0.77 diluted earnings per share on revenues of $1,028,335,000 compared to the net income of $114,834,000 or $2.41 diluted earnings per share on revenues of $1,597,344,000 for the same quarter year ago. The company provided earnings guidance for the fourth quarter of 2009. The company expects adjusted fourth quarter revenue and EPS to be between $365 million and $375 million and $0.27 and $0.32 per share, respectively, excluding the impact of the deferral of revenues and cost of goods sold with respect to its wireless segment and the impact of charges associated with already announced restructuring actions.
Belden Inc. provided free cash flow guidance for the fourth quarter of 2009. The company expects free cash flow generation in the fourth quarter to be in excess of net income.
BDC Competitors
| Company | Last | Change |
| ADC Telecommunications Inc | $5.91 USD | -0.73 |
| Encore Wire Corp | $20.45 USD | +0.37 |
| International Wire Group Inc | $13.00 USD | +1.50 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | BDC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.8x |
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| Price/Book | 2.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.1x |
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BDC |
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BDC transactions
| Type Date |
Target |
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Private Placement
June 23, 2009 |
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