BELDEN INC. (BDC) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does BELDEN INC. Do?
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. BELDEN INC. (BDC) is classified as a mid-cap stock in the Materials sector, specifically within the Steel Works industry. The company is led by CEO Roel Vestjens and employs approximately 8,000 people, headquartered in Saint Louis, Missouri. With a market capitalization of $4.5B, BDC is one of the notable companies in the Materials sector.
BELDEN INC. (BDC) Stock Rating — Reduce (April 2026)
As of April 2026, BELDEN INC. receives a Reduce rating with a composite score of 47.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.BDC ranks #2,512 out of 4,446 stocks in our coverage universe. Within the Materials sector, BELDEN INC. ranks #178 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
BDC Stock Price and 52-Week Range
BELDEN INC. (BDC) currently trades at $128.67. The stock gained $0.64 (0.5%) in the most recent trading session. The 52-week high for BDC is $159.99, which means the stock is currently trading -19.6% from its annual peak. The 52-week low is $83.18, putting the stock 54.7% above its annual trough. Recent trading volume was 197K shares, suggesting relatively thin trading activity.
Is BDC Overvalued or Undervalued? — Valuation Analysis
BELDEN INC. (BDC) carries a value factor score of 65/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 20.18x, compared to the Materials sector average of 26.50x — a discount of 24%. The price-to-book ratio stands at 3.56x, versus the sector average of 2.83x. The price-to-sales ratio is 1.70x, compared to 0.74x for the average Materials stock. On an enterprise value basis, BDC trades at 14.85x EV/EBITDA, versus 6.01x for the sector.
Overall, BDC's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
BELDEN INC. Profitability — ROE, Margins, and Quality Score
BELDEN INC. (BDC) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 17.7%, compared to the Materials sector average of 3.3%, which is within a healthy range. Return on assets (ROA) comes in at 6.3% versus the sector average of 0.6%.
On a margin basis, BELDEN INC. reports gross margins of 38.2%, compared to 29.8% for the sector. The operating margin is 11.5% (sector: 6.0%). Net profit margin stands at 8.4%, versus 3.0% for the average Materials stock. Revenue growth is running at 15.5% on a trailing basis, compared to 1.8% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
BDC Debt, Balance Sheet, and Financial Health
BELDEN INC. has a debt-to-equity ratio of 180.0%, compared to the Materials sector average of 41.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.93x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.28B. Cash and equivalents stand at $314M.
BDC has a beta of 1.36, meaning it is more volatile than the broader market — a $10,000 investment in BDC would be expected to move 36.3% more than the S&P 500 on any given day. The stability factor score for BELDEN INC. is 59/100, reflecting average volatility within the normal range for its sector.
BELDEN INC. Revenue and Earnings History — Quarterly Trend
In TTM 2026, BELDEN INC. reported revenue of $2.65B and earnings per share (EPS) of $6.00. Net income for the quarter was $223M. Gross margin was 38.2%. Operating income came in at $303M.
In FY 2025, BELDEN INC. reported revenue of $2.72B and earnings per share (EPS) of $6.00. Net income for the quarter was $238M. Gross margin was 38.0%. Revenue grew 10.3% year-over-year compared to FY 2024. Operating income came in at $316M.
In Q3 2025, BELDEN INC. reported revenue of $698M and earnings per share (EPS) of $1.43. Net income for the quarter was $57M. Gross margin was 37.7%. Revenue grew 6.6% year-over-year compared to Q3 2024. Operating income came in at $76M.
In Q2 2025, BELDEN INC. reported revenue of $672M and earnings per share (EPS) of $1.54. Net income for the quarter was $61M. Gross margin was 38.5%. Revenue grew 11.2% year-over-year compared to Q2 2024. Operating income came in at $79M.
Over the past 8 quarters, BELDEN INC. has demonstrated a growth trajectory, with revenue expanding from $604M to $2.65B. Investors analyzing BDC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
BDC Dividend Yield and Income Analysis
BELDEN INC. (BDC) currently pays a dividend yield of 0.2%. At this yield, a $10,000 investment in BDC stock would generate approximately $$16.00 in annual dividend income. This compares to the Materials sector average dividend yield of 0.5%, meaning BDC yields less than the typical sector peer. The net margin of 8.4% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.
BDC Momentum and Technical Analysis Profile
BELDEN INC. (BDC) has a momentum factor score of 51/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 27/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 19/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
BDC vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, BELDEN INC. (BDC) ranks #178 out of 284 stocks based on the Blank Capital composite score. This places BDC in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing BDC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BDC vs S&P 500 (SPY) comparison to assess how BELDEN INC. stacks up against the broader market across all factor dimensions.
BDC Next Earnings Date
No upcoming earnings date has been announced for BELDEN INC. (BDC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy BDC? — Investment Thesis Summary
The quantitative profile for BELDEN INC. suggests caution. The value score of 65/100 suggests attractive pricing relative to fundamentals.
In summary, BELDEN INC. (BDC) earns a Reduce rating with a composite score of 47.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BDC stock.
Related Resources for BDC Investors
Explore more research and tools: BDC vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BDC head-to-head with peers: BDC vs CF, BDC vs NTR, BDC vs UAN.