NYSE:BHEBenchmark Electronics Stock Price, Forecast & News

Benchmark Electronics' stock was trading at $24.79 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BHE shares have decreased by 20.0% and is now trading at $19.82. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Benchmark Electronics in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Benchmark Electronics.

Benchmark Electronics is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Benchmark Electronics.

Benchmark Electronics, Inc. (NYSE:BHE) released its earnings results on Wednesday, April, 29th. The technology company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The technology company had revenue of $515 million for the quarter, compared to the consensus estimate of $510 million. Benchmark Electronics had a return on equity of 4.50% and a net margin of 0.62%. The business's revenue for the quarter was down 14.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 earnings per share. View Benchmark Electronics' earnings history.

Benchmark Electronics declared a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.16 per share on Tuesday, July 14th. This represents a $0.64 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date is Monday, June 29th. View Benchmark Electronics' dividend history.

Benchmark Electronics declared that its Board of Directors has initiated a share repurchase plan on Tuesday, October 30th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 9.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its stock is undervalued.

2 brokerages have issued 1 year price targets for Benchmark Electronics' stock. Their forecasts range from $28.00 to $28.00. On average, they expect Benchmark Electronics' stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 41.3% from the stock's current price. View analysts' price targets for Benchmark Electronics.

News coverage about BHE stock has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Benchmark Electronics earned a news sentiment score of -4.3 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the near future. View the latest news about Benchmark Electronics.

Benchmark Electronics saw a increase in short interest in June. As of June 30th, there was short interest totaling 722,500 shares, an increase of 21.0% from the June 15th total of 597,300 shares. Based on an average daily trading volume, of 258,700 shares, the short-interest ratio is presently 2.8 days. Currently, 2.0% of the shares of the company are short sold. View Benchmark Electronics' Current Options Chain.

Some companies that are related to Benchmark Electronics include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), CTS (CTS), Park Electrochemical (PKE), Neonode (NEON) and Key Tronic (KTCC). View all competitors.

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

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 shareholders include Skyline Asset Management LP (0.78%) and Envestnet Asset Management Inc. (0.13%). Company insiders that own Benchmark Electronics stock include Jeffrey Stephen Mccreary, 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, and Envestnet Asset Management Inc.. 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 activity 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 $19.82.

Benchmark Electronics has a market capitalization of $721.77 million and generates $2.27 billion in revenue each year. Benchmark Electronics employs 10,600 workers across the globe.

The official website for Benchmark Electronics is 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]