Benchmark Electronics (NYSE:BHE - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 1st. Benchmark Electronics has set its Q1 guidance at $0.42-0.48 EPS and its Q1 2024 guidance at 0.420-0.480 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.
Benchmark Electronics (NYSE:BHE - Get Free Report) last released its earnings results on Wednesday, January 31st. The technology company reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.01. Benchmark Electronics had a net margin of 2.27% and a return on equity of 6.95%. The firm had revenue of $691.35 million for the quarter.
Benchmark Electronics Stock Up 3.5 %
Shares of BHE stock traded up $1.05 during trading hours on Friday, reaching $31.35. 311,246 shares of the stock were exchanged, compared to its average volume of 287,549. The business's fifty day moving average is $29.96 and its two-hundred day moving average is $27.56. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.29 and a quick ratio of 1.33. Benchmark Electronics has a 12-month low of $20.58 and a 12-month high of $31.75. The firm has a market capitalization of $1.13 billion, a P/E ratio of 17.42 and a beta of 1.02.
Benchmark Electronics Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.11%. Benchmark Electronics's payout ratio is 36.67%.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. StockNews.com lowered shares of Benchmark Electronics from a "buy" rating to a "hold" rating in a research note on Friday, February 9th. Needham & Company LLC upped their price target on Benchmark Electronics from $30.00 to $31.00 and gave the company a "buy" rating in a report on Thursday, February 1st.
Check Out Our Latest Report on Benchmark Electronics
About Benchmark Electronics
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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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