Investors are sharpening their focus on shares of Belden Inc. (NYSE:BDC). The stock saw a move of 0.74% during the latest trading session. The stock price has recently touched $62.25 which has caused investors to take a second look at company shares.
Doing standard fundamental stock analysis is fairly straightforward. These days, investors have easy access to large amounts of available data. The biggest problem for the average investor may be dedicating the time to actually doing the research. One goal of studying the fundamentals is to establish the true value of a stock compared to how it is currently trading in the marketplace. Many investors believe that identifying quality stocks should be a cornerstone of portfolio construction. Obtaining as much knowledge as possible about a stock can help make the buying decisions a little easier. Some investors may trust other people or products to do the required research, but others may wish to roll up the sleeves and do all the analysis themselves.
After a recent check, shares of Belden Inc. (NYSE:BDC) have been seen trading -3.23% off of the 50-day high and 64.73% away from the 50-day low. In terms of the stock price in relation to its moving averages, company shares are 8.23% away from the 20-day moving average and 21.75% off of the 50-day average. If we take a wider approach, shares have been trading 4.73% away from the 200-day moving average.
Over the last year, Belden Inc. (NYSE:BDC)’s stock has performed -14.40%. For the last six months, the stock has performed -14.74%. From the start of the calendar year, shares have been 49.03%. Zooming in closer, company stock has been 18.28% for the quarter, 18.64% over the past month, and 3.35% over the past week.
Beta is used to measure a stock’s price volatility relative to the market. A stock with a beta of “0” indicates that its price is not correlated with the market. A positive beta indicates that the stock follows the market. A negative beta means that the stock inversely follows the market, decreasing in value when the market goes up. Belden Inc. (NYSE:BDC) current has a Beta score of 2.60.
Investors might be preparing to do a portfolio evaluation as we move towards the close of the year. There may be plenty of big winners from the first half of the year, but there may also be some underperformers that need to be reviewed. Making sure that the portfolio stays in balance can help prepare the investor for success over the next few quarters. With the stock market still riding high, investors may be wondering how to play the market into the near future. If market momentum starts to shift, investors may need to be ready to make some tougher decisions. Being prepared for any market situation can help the investor cope with rough waters when the time comes.
Earnings Per Share (EPS) is the earnings made by a company divided by their number of shares. EPS enables the earnings of a company to easily be compared to their competitors. The higher the number, the more profit per dollar is being made on investor capital. Belden Inc.’s EPS is 3.07. Their EPS should be compared to other companies in the Industrial Goods sector.
Price-to-Earnings Ratio is the current share price divided by annual earnings per share. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. Belden Inc.’s P/E ratio is 20.30.
Projected Earnings Growth (PEG) is a forward looking ratio based on anticipated earnings growth. PEG is created by dividing P/E by the projected rate of earnings growth. Belden Inc.’s PEG is 2.00.
RETURNS AND RECOMMENDATION
Shareholders can expect a return on equity of 9.30%. Calculated by dividing Belden Inc.’s annual earnings by its total assets, investors will note a return on assets of 3.40%. Finally, Belden Inc.’s return on investment stands at 8.20% when you divide the shareholder’s return by the cost. The consensus analysts recommendation at this point stands at 2.40 for Belden Inc. (NYSE:BDC). This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell.