Benchmark Electronics (BHE) Expected to Announce Quarterly Earnings on Tuesday

Benchmark Electronics (NYSE:BHE - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $640.00 million for the quarter. Benchmark Electronics has set its Q1 2025 guidance at 0.480-0.540 EPS.

Benchmark Electronics (NYSE:BHE - Get Free Report) last issued its earnings results on Wednesday, January 29th. The technology company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.01). Benchmark Electronics had a return on equity of 6.68% and a net margin of 2.38%.

Benchmark Electronics Price Performance

NYSE BHE traded up $0.48 during trading on Friday, hitting $38.17. 210,254 shares of the company's stock were exchanged, compared to its average volume of 331,160. The company has a current ratio of 2.32, a quick ratio of 1.46 and a debt-to-equity ratio of 0.24. The company has a market cap of $1.37 billion, a PE ratio of 22.06 and a beta of 0.83. Benchmark Electronics has a fifty-two week low of $29.52 and a fifty-two week high of $52.57. The stock's 50 day moving average price is $37.98 and its two-hundred day moving average price is $43.21.

Benchmark Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Monday, March 31st were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.78%. The ex-dividend date was Monday, March 31st. Benchmark Electronics's payout ratio is 39.31%.

Analysts Set New Price Targets

Several research analysts have commented on BHE shares. Needham & Company LLC boosted their target price on Benchmark Electronics from $48.00 to $50.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. StockNews.com upgraded Benchmark Electronics from a "hold" rating to a "buy" rating in a report on Tuesday, January 7th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Benchmark Electronics presently has a consensus rating of "Moderate Buy" and an average target price of $43.00.

Insider Transactions at Benchmark Electronics

In other news, CEO Jeff Benck sold 6,000 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $38.82, for a total transaction of $232,920.00. Following the transaction, the chief executive officer now directly owns 448,180 shares of the company's stock, valued at $17,398,347.60. This represents a 1.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.20% of the stock is owned by insiders.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.