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 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 expect the company's share price to reach $34.50 in the next twelve months. This suggests a possible upside of 48.5% 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 start of the year. Since then, BHE shares have decreased by 12.9% and is now trading at $23.24.
View the best growth stocks for 2023 here.

Benchmark Electronics saw a drop in short interest during the month of February. As of February 15th, there was short interest totaling 707,300 shares, a drop of 17.7% from the January 31st total of 859,600 shares. Based on an average daily volume of 188,300 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.1% of the company's shares are sold short.
View Benchmark Electronics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our BHE earnings forecast.

Benchmark Electronics, Inc. (NYSE:BHE) announced its quarterly earnings data on Wednesday, February, 1st. The technology company reported $0.60 EPS for the quarter, meeting the consensus estimate of $0.60. The technology company had revenue of $750.64 million for the quarter, compared to analyst estimates of $780 million. Benchmark Electronics had a trailing twelve-month return on equity of 7.49% and a net margin of 2.36%. The firm's quarterly revenue was up 18.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.48 EPS.

Benchmark Electronics declared a quarterly dividend on Monday, March 13th. Stockholders of record on Friday, March 31st will be given a dividend of $0.165 per share on Thursday, April 13th. This represents a $0.66 annualized dividend and a yield of 2.84%. 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 VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), 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 600 Pure Value ETF (RZV), Invesco S&P SmallCap Information Technology ETF (PSCT), 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 2.91%. The dividend payout ratio is 34.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BHE.

Benchmark Electronics updated its first quarter earnings guidance on Wednesday, February, 1st. The company provided earnings per share guidance of $0.39-0.45 for the period, compared to the consensus EPS estimate of $0.48. The company issued revenue guidance of $640-680 million, compared to the consensus revenue estimate of $710.93 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 Franklin Resources Inc. (8.77%), Dimensional Fund Advisors LP (8.40%), Millennium Management LLC (2.37%), Charles Schwab Investment Management Inc. (2.33%), Aristotle Capital Boston LLC (1.89%) and Geode Capital Management LLC (1.83%). Insiders that own company stock include Greef-Safft Anne De, Jeff Benck, Jeffrey Stephen Mccreary, Rhonda R Turner and Roop Kalyan Lakkaraju.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of BHE stock can currently be purchased for approximately $23.24.

Benchmark Electronics (NYSE:BHE) has a market capitalization of $817.84 million and generates $2.89 billion in revenue each year. The technology company earns $68.23 million in net income (profit) each year or $1.93 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.