Benchmark Electronics (BHE) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benchmark Electronics in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BHE shares.
View BHE analyst ratings or view top-rated stocks.

1 analysts have issued 12 month price objectives for Benchmark Electronics' stock. Their BHE share price forecasts range from $30.00 to $30.00. On average, they predict the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price.
View analysts price targets for BHE or view top-rated stocks among Wall Street analysts.

Benchmark Electronics' stock was trading at $26.69 at the start of the year. Since then, BHE shares have decreased by 8.5% and is now trading at $24.43.
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Benchmark Electronics saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 447,600 shares, a drop of 11.3% from the August 31st total of 504,800 shares. Based on an average trading volume of 148,900 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.3% of the shares of the stock are short sold.
View Benchmark Electronics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our BHE earnings forecast.

Benchmark Electronics, Inc. (NYSE:BHE) posted its quarterly earnings results on Monday, July, 31st. The technology company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. The technology company had revenue of $733.23 million for the quarter, compared to the consensus estimate of $692.50 million. Benchmark Electronics had a trailing twelve-month return on equity of 7.14% and a net margin of 2.25%. The company's revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 EPS.

Benchmark Electronics declared a quarterly dividend on Monday, September 11th. Stockholders of record on Friday, September 29th will be given a dividend of $0.165 per share on Friday, October 13th. This represents a $0.66 annualized dividend and a yield of 2.70%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for BHE.

ETFs with the largest weight of Benchmark Electronics (NYSE:BHE) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Low Volatility ETF (XSLV) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco S&P SmallCap Information Technology ETF (PSCT).

Benchmark Electronics (NYSE:BHE) pays an annual dividend of $0.66 per share and currently has a dividend yield of 2.72%. The dividend payout ratio is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BHE.

Benchmark Electronics issued an update on its third quarter earnings guidance on Monday, July, 31st. The company provided earnings per share (EPS) guidance of $0.51-$0.59 for the period, compared to the consensus EPS estimate of $0.55. The company issued revenue guidance of $680-$720 million, compared to the consensus revenue estimate of $715.10 million.

17 employees have rated Benchmark Electronics Chief Executive Officer Jeff Benck on Glassdoor.com. Jeff Benck has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Benchmark Electronics investors own include Energy Transfer (ET), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), SunCoke Energy Partners (SXCP), Ford Motor (F), NGL Energy Partners (NGL) and Navios Maritime Midstream Partners (NAP).

Benchmark Electronics trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHE."

Shares of BHE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BHE stock can currently be purchased for approximately $24.43.

Benchmark Electronics (NYSE:BHE) has a market capitalization of $871.42 million and generates $2.89 billion in revenue each year. The technology company earns $68.23 million in net income (profit) each year or $1.87 on an earnings per share basis.

The company employs 11,873 workers across the globe.

Benchmark Electronics' mailing address is 56 SOUTH ROCKFORD DRIVE, TEMPE AZ, 85281. The official website for the company is www.bench.com. The technology company can be reached via phone at (623) 300-7000, via email at investor.relations@bench.com, or via fax at 979-848-5270.