Benchmark Electronics (NYSE:BHE) Given Hold (C) Rating at Weiss Ratings

Key Points

• Analysts at Weiss Ratings have reiterated a "hold (c)" rating for Benchmark Electronics (NYSE:BHE), amidst reports of varying ratings from other analysts.
• Benchmark Electronics recently reported quarterly earnings of $0.55 EPS, surpassing expectations, but experienced a 3.6% decline in year-over-year revenue.
• During trading, shares of Benchmark Electronics increased by 2.3%, with the stock currently valued at $38.21 per share.

Benchmark Electronics (NYSE:BHE - Get Free Report)'s stock had its "hold (c)" rating reiterated by analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Benchmark Electronics from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Needham & Company LLC reduced their price target on shares of Benchmark Electronics from $48.00 to $47.00 and set a "buy" rating for the company in a report on Friday, August 1st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Benchmark Electronics currently has an average rating of "Moderate Buy" and an average price target of $46.50.

Benchmark Electronics Trading Up 2.3%

Shares of Benchmark Electronics stock traded up $0.85 during trading hours on Wednesday, hitting $38.21. The company's stock had a trading volume of 132,329 shares, compared to its average volume of 313,624. The business has a fifty day moving average of $39.40 and a 200 day moving average of $38.11. The company has a quick ratio of 1.46, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. Benchmark Electronics has a 1-year low of $30.73 and a 1-year high of $52.57. The company has a market capitalization of $1.37 billion, a PE ratio of 36.39 and a beta of 1.06.

Benchmark Electronics (NYSE:BHE - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.01. The company had revenue of $642.34 million for the quarter, compared to analysts' expectations of $638.67 million. Benchmark Electronics had a return on equity of 6.08% and a net margin of 1.48%.The firm's quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 earnings per share. Benchmark Electronics has set its Q3 2025 guidance at 0.560-0.620 EPS.

Insider Transactions at Benchmark Electronics

In other news, SVP Jan M. Janick sold 10,004 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $40.50, for a total value of $405,162.00. Following the completion of the sale, the senior vice president directly owned 62,368 shares of the company's stock, valued at $2,525,904. This represents a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Benchmark Electronics

Several institutional investors have recently bought and sold shares of the stock. Cerity Partners LLC bought a new position in Benchmark Electronics in the 1st quarter worth $489,000. Assenagon Asset Management S.A. boosted its stake in Benchmark Electronics by 21.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 58,572 shares of the technology company's stock valued at $2,227,000 after purchasing an additional 10,537 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Benchmark Electronics by 11.3% during the first quarter. Robeco Institutional Asset Management B.V. now owns 16,389 shares of the technology company's stock worth $623,000 after buying an additional 1,662 shares during the last quarter. Voya Investment Management LLC increased its position in Benchmark Electronics by 89.6% during the first quarter. Voya Investment Management LLC now owns 34,004 shares of the technology company's stock worth $1,293,000 after acquiring an additional 16,069 shares during the period. Finally, Picton Mahoney Asset Management grew its position in Benchmark Electronics by 100,677.8% in the 1st quarter. Picton Mahoney Asset Management now owns 27,210 shares of the technology company's stock worth $1,035,000 after purchasing an additional 27,183 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors.

Benchmark Electronics Company Profile

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.

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