Investment
Features
FeesSafety
Academy
More
Pluang+

Belden rated Buy at $172, boosted by RUCKUS deal and unified IT/OT strategy.

Market News
15 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Belden Inc. is rated Buy at $172 per share following its acquisition of RUCKUS, which expands its global customer base and supports its unified IT/OT network platform strategy. The RUCKUS acquisition is expected to be margin-accretive, targeting a 60% gross margin and 20% adjusted EBITDA margin, with management forecasting $710 million in revenue by fiscal year 2026. While Belden's leverage may increase to about 5.81x net debt/adjusted EBITDA to finance the deal, management aims to reduce this to 3.6x by the end of fiscal 2026, positioning the company for durable growth.

More News

Publicis Groupe merilis Laporan Keuangan Semester I 2026 pada 17 Juli 2026, tersedia di situs web perusahaan.

Publicis Groupe merilis Laporan Keuangan Semester I 2026 pada 17 Juli 2026, tersedia di situs web perusahaan.

Publicis Groupe S.A. mengumumkan ketersediaan Laporan Keuangan Semester I 2026 mereka pada tanggal 17 Juli 2026. Laporan tersebut dapat diakses oleh investor dan analis melalui bagian "Investors / Investors & Analysts / Regulatory Information" di sit...

Company Fundamentals
Neutral
1 hour ago
Publicis Groupe releases its 2026 half-year financial report, showing strong growth and digital transformation leadership.

Publicis Groupe releases its 2026 half-year financial report, showing strong growth and digital transformation leadership.

Publicis Groupe has published its 2026 half-year financial report, highlighting continued strong organic growth with Q2 net revenue up 4.8% following a 4.5% increase in Q1. The company emphasizes its leadership in marketing and digital transformation...

Company Fundamentals
Neutral
1 hour ago
South Plains Financial posts strong Q2 with $19M net income and 18% revenue growth, beating estimates.

South Plains Financial posts strong Q2 with $19M net income and 18% revenue growth, beating estimates.

South Plains Financial reported strong second-quarter results with net income rising to $19 million, up from $14.6 million a year ago, and revenues increasing 18% to $64.49 million. Earnings per share reached $0.96, surpassing analyst expectations of...

Company Fundamentals
Bullish
1 hour ago
Clariant rejects Dow Europe's €1.1B damage claim over 2020 competition law case.

Clariant rejects Dow Europe's €1.1B damage claim over 2020 competition law case.

Clariant has firmly denied Dow Europe's claim for €1.1 billion in damages related to a 2020 competition law infringement on the ethylene purchasing market, which was sanctioned by the European Commission. The claim was filed in a German court on July...

Market News
Bearish
1 hour ago
Regions Financial beats Q2 profit estimates but misses revenue expectations.

Regions Financial beats Q2 profit estimates but misses revenue expectations.

Regions Financial Corporation reported Q2 earnings with an EPS of $0.68, beating profit estimates by 6.25% and improving from last year's $0.60. However, revenue came in at $1.91 billion, slightly below analyst expectations and nearly flat year-over-...

Company Fundamentals
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App