Benchmark Electronics - BHE Stock Forecast, Price & News

2 Wall Street 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 research analysts is that investors should "buy" BHE shares.
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2 Wall Street research analysts have issued 12 month price targets for Benchmark Electronics' stock. Their BHE share price forecasts range from $35.00 to $35.00. On average, they predict the company's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 21.0% 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 $27.10 at the start of the year. Since then, BHE stock has increased by 6.8% and is now trading at $28.93.
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Benchmark Electronics saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 586,800 shares, a decrease of 19.0% from the October 31st total of 724,800 shares. Based on an average daily trading volume, of 143,700 shares, the days-to-cover ratio is currently 4.1 days. Approximately 1.7% of the company's stock are short sold.
View Benchmark Electronics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our BHE earnings forecast.

Benchmark Electronics, Inc. (NYSE:BHE) posted its quarterly earnings results on Wednesday, October, 26th. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.05. The technology company had revenue of $771.58 million for the quarter, compared to analysts' expectations of $738.67 million. Benchmark Electronics had a net margin of 2.15% and a trailing twelve-month return on equity of 7.17%. The firm's quarterly revenue was up 34.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.39 earnings per share.

Benchmark Electronics declared a quarterly dividend on Monday, September 12th. Stockholders of record on Friday, September 30th will be given a dividend of $0.165 per share on Friday, October 14th. This represents a $0.66 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for BHE.

Benchmark Electronics (NYSE:BHE) pays an annual dividend of $0.66 per share and currently has a dividend yield of 2.28%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BHE.

Benchmark Electronics issued an update on its FY 2023 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of $2.35-$2.45 for the period, compared to the consensus estimate of $2.24. The company issued revenue guidance of $2.85 billion-$2.95 billion, compared to the consensus revenue estimate of $3.03 billion.

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 shareholders include BlackRock Inc. (17.72%), Vanguard Group Inc. (11.58%), Dimensional Fund Advisors LP (8.29%), State Street Corp (4.01%), Tributary Capital Management LLC (1.87%) and Victory Capital Management Inc. (1.51%). 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 $28.93.

Benchmark Electronics (NYSE:BHE) has a market capitalization of $1.02 billion and generates $2.26 billion in revenue each year. The technology company earns $35.77 million in net income (profit) each year or $1.68 on an earnings per share basis.

The company employs 10,900 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.