NYSE:BHEBenchmark Electronics Stock Price, Forecast & News

$21.65

+1.30 (+6.39 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$21.31

Now: $21.65▼

$21.99

50-Day Range

$18.62

MA: $20.56▼

$23.93

52-Week Range

$14.06

Now: $21.65▼

$37.36

Volume260,835 shs

Average Volume258,571 shs

Market Capitalization$788.49 million

P/E Ratio63.68

Dividend Yield3.14%

Beta1.07

Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, flexible test solutions, environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing services for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, test and instrumentation, telecommunications, and high-end computing industries. Benchmark Electronics, Inc. sells its products primarily through direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Benchmark Electronics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $26.00, Benchmark Electronics has a potential upside of 20.1% from its current price of $21.65.
Amount of Analyst Coverage
Benchmark Electronics has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Benchmark Electronics has received 273 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Benchmark Electronics has received 379 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Benchmark Electronics has received 58.13% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Benchmark Electronics and other stocks. Vote “Outperform” if you believe BHE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BHE will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Benchmark Electronics is a leading dividend payer. It pays a dividend yield of 3.14%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Benchmark Electronics does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Benchmark Electronics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $152,625.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.90% of the stock of Benchmark Electronics is held by insiders.
Percentage Held by Institutions
95.01% of the stock of Benchmark Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Benchmark Electronics is 63.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Benchmark Electronics is 63.68, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.17.
Price to Book Value per Share Ratio
Benchmark Electronics has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.18 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Printed circuit boards

Sub-IndustryElectronic Manufacturing Services

SectorComputer and Technology

Current SymbolNYSE:BHE

Previous Symbol

CUSIP08160H10

CIK863436

Webwww.bench.com

Phone623-300-7000

Debt

Debt-to-Equity Ratio0.30

Current Ratio2.75

Quick Ratio2.02

Price-To-Earnings

Trailing P/E Ratio63.68

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.27 billion

Price / Sales0.35

Cash Flow$2.87 per share

Price / Cash Flow7.54

Book Value$27.18 per share

Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$23.42 million

Net Margins0.62%

Return on Equity4.50%

Return on Assets2.56%

Miscellaneous

Employees10,600

Outstanding Shares36,420,000

Market Cap$788.49 million

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Benchmark Electronics (NYSE:BHE) Frequently Asked Questions

How has Benchmark Electronics' stock been impacted by COVID-19 (Coronavirus)?

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 12.7% and is now trading at $21.65. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Benchmark Electronics?

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.

When is Benchmark Electronics' next earnings date?

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

How were Benchmark Electronics' earnings last quarter?

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

How often does Benchmark Electronics pay dividends? What is the dividend yield for Benchmark Electronics?

Benchmark Electronics announced a quarterly dividend on Monday, March 16th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.16 per share on Tuesday, April 14th. This represents a $0.64 annualized dividend and a yield of 2.96%. The ex-dividend date is Monday, March 30th. This is an increase from Benchmark Electronics's previous quarterly dividend of $0.15. View Benchmark Electronics' dividend history.

How will Benchmark Electronics' stock buyback program work?

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

What price target have analysts set for BHE?

2 analysts have issued twelve-month price targets for Benchmark Electronics' stock. Their forecasts range from $24.00 to $28.00. On average, they expect Benchmark Electronics' stock price to reach $26.00 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View analysts' price targets for Benchmark Electronics.

Has Benchmark Electronics been receiving favorable news coverage?

Media stories about BHE stock have trended positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. 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 coverage optimism score of 2.7 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the near future. View the latest news aboutBenchmark Electronics.

Are investors shorting Benchmark Electronics?

Benchmark Electronics saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 666,500 shares, a decrease of 28.2% from the April 30th total of 928,300 shares. Based on an average daily trading volume, of 320,800 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.9% of the company's shares are short sold. View Benchmark Electronics' Current Options Chain.

Who are some of Benchmark Electronics' key competitors?

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

What other stocks do shareholders of Benchmark Electronics own?

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).

Who are Benchmark Electronics' key executives?

Benchmark Electronics' management team includes the following people:

Mr. Roop K. Lakkaraju, Exec. VP & CFO (Age 48)
Mr. Michael D. Buseman, Exec. VP of Global Operations (Age 58)
Mr. Jan M. Janick, Chief Technology Officer (Age 60)
Ms. Lisa K. Weeks, VP of Strategy & Investor Relations (Age 51)
Mr. Paul J. Tufano, Advisor (Age 65)

What is Benchmark Electronics' stock symbol?

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

Who are Benchmark Electronics' major shareholders?

Benchmark Electronics' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.44%), Robeco Institutional Asset Management B.V. (4.13%), State Street Corp (3.76%), JPMorgan Chase & Co. (3.29%), Investment Counselors of Maryland LLC (2.05%) and Aristotle Capital Boston LLC (1.94%). 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.

Which major investors are selling Benchmark Electronics stock?

BHE stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Thrivent Financial for Lutherans, Nuveen Asset Management LLC, Morgan Stanley, Morgan Stanley, Martingale Asset Management L P, and Parametric Portfolio Associates LLC. 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.

Which major investors are buying Benchmark Electronics stock?

BHE stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Matarin Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, Deprince Race & Zollo Inc., Investment Counselors of Maryland LLC, Hennessy Advisors Inc., Schroder Investment Management Group, and Prudential PLC. View insider buying and selling activity for Benchmark Electronics.

How do I buy shares of 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.

What is Benchmark Electronics' stock price today?

One share of BHE stock can currently be purchased for approximately $21.65.

How big of a company is Benchmark Electronics?

Benchmark Electronics has a market capitalization of $788.49 million and generates $2.27 billion in revenue each year. Benchmark Electronics employs 10,600 workers across the globe.

What is Benchmark Electronics' official website?

The official website for Benchmark Electronics is www.bench.com.

How can I contact Benchmark Electronics?

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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff