Benchmark Electronics (BHE) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Benchmark Electronics in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BHE shares.
View BHE analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued twelve-month price targets for Benchmark Electronics' stock. Their BHE share price forecasts range from $34.00 to $35.00. On average, they anticipate the company's share price to reach $34.50 in the next twelve months. This suggests a possible upside of 38.3% 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 beginning of the year. Since then, BHE stock has decreased by 6.5% and is now trading at $24.95.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our BHE earnings forecast.

Benchmark Electronics, Inc. (NYSE:BHE) posted its quarterly earnings data on Wednesday, May, 3rd. The technology company reported $0.42 earnings per share for the quarter, meeting analysts' consensus estimates of $0.42. The technology company had revenue of $694.70 million for the quarter, compared to the consensus estimate of $660 million. Benchmark Electronics had a net margin of 2.36% and a trailing twelve-month return on equity of 7.31%. The company's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 EPS.

Benchmark Electronics declared a quarterly dividend on Monday, March 13th. Investors of record on Friday, March 31st will be paid a dividend of $0.165 per share on Thursday, April 13th. This represents a $0.66 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for BHE.

ETFs with the largest weight of Benchmark Electronics (NYSE:BHE) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap 600 Pure Value ETF (RZV), iShares US Small Cap Value Factor ETF (SVAL) and Invesco S&P SmallCap Momentum ETF (XSMO).

Benchmark Electronics (NYSE:BHE) pays an annual dividend of $0.66 per share and currently has a dividend yield of 2.78%. The dividend payout ratio is 33.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BHE.

Benchmark Electronics updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $0.43-$0.49 for the period, compared to the consensus earnings per share estimate of $0.46. The company issued revenue guidance of $670.00 million-$710.00 million, compared to the consensus revenue estimate of $680.77 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."

Benchmark Electronics' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.93%), Dimensional Fund Advisors LP (8.26%), Franklin Resources Inc. (6.47%), State Street Corp (4.06%), Charles Schwab Investment Management Inc. (2.34%) and Aristotle Capital Boston LLC (1.92%). Insiders that own company stock include Greef-Safft Anne De, Jeff Benck, Jeffrey Stephen Mccreary, Rhonda R Turner and Roop Kalyan Lakkaraju.
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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 $24.95.

Benchmark Electronics (NYSE:BHE) has a market capitalization of $888.72 million and generates $2.89 billion in revenue each year. The technology company earns $68.23 million in net income (profit) each year or $1.97 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.