Benchmark Electronics Stock Price, News & Analysis (NYSE:BHE)

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

Benchmark Electronics announced a quarterly dividend on Monday, September 16th. Stockholders of record on Monday, September 30th will be given a dividend of $0.15 per share on Tuesday, October 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Friday, September 27th. View Benchmark Electronics' Dividend History.

Benchmark Electronics announced that its board has approved a share buyback plan on Tuesday, October 30th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Benchmark Electronics, Inc. (NYSE:BHE) issued its quarterly earnings results on Wednesday, July, 24th. The technology company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.04. The technology company earned $601.60 million during the quarter, compared to the consensus estimate of $569.45 million. Benchmark Electronics had a return on equity of 5.43% and a net margin of 2.35%. Benchmark Electronics's quarterly revenue was down 8.9% compared to the same quarter last year. During the same period last year, the business earned $0.30 EPS. View Benchmark Electronics' Earnings History.

Benchmark Electronics is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Benchmark Electronics.

Benchmark Electronics issued an update on its third quarter earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $0.21-0.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.38. The company issued revenue guidance of $525-55 million, compared to the consensus revenue estimate of $579.90 million.

3 Wall Street analysts have issued 1 year price targets for Benchmark Electronics' shares. Their predictions range from $25.00 to $34.00. On average, they expect Benchmark Electronics' share price to reach $29.50 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Benchmark Electronics.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benchmark Electronics in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Benchmark Electronics.

Media headlines about BHE stock have trended negative on Monday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Benchmark Electronics earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Benchmark Electronics.

Benchmark Electronics saw a decline in short interest in September. As of September 15th, there was short interest totalling 715,900 shares, a decline of 20.9% from the August 15th total of 905,200 shares. Based on an average daily trading volume, of 267,000 shares, the short-interest ratio is presently 2.7 days. Currently, 1.9% of the company's stock are sold short. View Benchmark Electronics' Current Options Chain.

Some companies that are related to Benchmark Electronics include Sanmina (SANM), Plexus (PLXS), TTM Technologies (TTMI), CTS (CTS), Celestica (CLS), Kimball Electronics (KE), Park Electrochemical (PKE), IEC Electronics (IEC), SMTC (SMTX), SigmaTron International (SGMA), NANO DIMENSION/S (NNDM) and Eltek (ELTK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Benchmark Electronics investors own include Energy Transfer LP Unit (ET), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), Navios Maritime Midstream Partners (NAP), Government Properties Income Trust (GOV) and Arlington Asset Investment (AI).

Benchmark Electronics' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Skyline Asset Management LP (0.88%), State of Alaska Department of Revenue (0.08%) and Pacer Advisors Inc. (0.04%). Company insiders that own Benchmark Electronics stock include Lisa K Weeks and Robert K Gifford. View Institutional Ownership Trends for Benchmark Electronics.

BHE stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP. Company insiders that have sold Benchmark Electronics company stock in the last year include Lisa K Weeks and Robert K Gifford. View Insider Buying and Selling for Benchmark Electronics.

BHE stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for Benchmark Electronics.

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

One share of BHE stock can currently be purchased for approximately $29.80.

Benchmark Electronics has a market capitalization of $1.12 billion and generates $2.57 billion in revenue each year. The technology company earns $22.82 million in net income (profit) each year or $1.45 on an earnings per share basis. Benchmark Electronics employs 10,500 workers across the globe.View Additional Information About Benchmark Electronics.

The official website for Benchmark Electronics is http://www.bench.com/.

Benchmark Electronics' mailing address is 56 SOUTH ROCKFORD DRIVE, TEMPE AZ, 85281. The technology company can be reached via phone at 623-300-7000 or via email at [email protected]