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Is this Large Market Cap Stock target price reasonable for Belden Inc. (NYSE:BDC)?

The company in question is, Belden Inc. (NYSE:BDC) currently with a stock price of 66.58 (0.62% today). The market cap for Belden Inc. is 2865.16, and is in the sector Industrial Goods, and Industrial Electrical Equipment industry. The target price for Belden Inc. is 84.33. Currently Belden Inc. is trading with a P/E of 22.9, and a forward P/E of 12.55. Average volume for Belden Inc. is 431.85 and so far today it is 147067.

Performance in the last year for Belden Inc. has been 32.80%. For EPS growth, Belden Inc. has seen a growth of -8.40%, and is looking to grow in the next year to 0.57%. More long term stats show that EPS growth has been 3.80% over the last five years and could be 13.10% for the next five years. Belden Inc. has seen sales growth quarter over quarter at 2.70%, with EPS growth quarter over quarter at 96.20%. The 20-day simple moving average is -4.33%, with the 200-day simple moving average coming to 9.57%.

Since the IPO date for Belden Inc. on the 11/24/1993, Belden Inc. has seen performance year to date to be 39.12%. With Belden Inc. trading at 66.58, the dividend yield is 0.30%, and the EPS is 2.89.

So could Belden Inc., be undervalued? Well as said before P/E is 22.9. The PEG is 1.75, P/S is 1.24 and the P/B is at 3.15. The P/cash is 16.3, with P/free cash flow at 12.43.

Belden Inc. ability to deal with debt shows that the current ratio is 1.6, and the quick ratio is 1.2. This is with long term debt/equity at 1.9, and total debt/equity at 1.91.

In terms of margins, Belden Inc. has a gross margin of 40.90%, an operating margin of 8.40% and a profit margin of 5.30%.Payout ratio for Belden Inc. is 6.90%. Return on assets come to 3.70% with return on investment coming to 6.50%.

Insider ownership for Belden Inc., is at 1.10% and institutional ownership comes to *TBA. Outstanding shares are at 43.3. While shares float is 41.4. The float short is currently 9.44%, and short ratio is 9.05.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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