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 equities research analysts have issued 12 month price objectives for Benchmark Electronics' stock. Their BHE share price forecasts range from $34.00 to $35.00. On average, they anticipate the company's stock price to reach $34.50 in the next year. This suggests a possible upside of 36.6% 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 stock has decreased by 5.4% and is now trading at $25.26.
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Benchmark Electronics saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 610,000 shares, an increase of 24.7% from the December 15th total of 489,100 shares. Based on an average daily trading volume, of 168,700 shares, the short-interest ratio is presently 3.6 days. Currently, 1.8% of the company's shares are short sold.
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) posted its quarterly earnings data on Wednesday, February, 1st. The technology company reported $0.60 earnings per share for the quarter, meeting the consensus estimate of $0.60. The technology company had revenue of $750.64 million for the quarter, compared to analysts' expectations of $780 million. Benchmark Electronics had a trailing twelve-month return on equity of 7.49% and a net margin of 2.36%. The business's quarterly revenue was up 18.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 earnings per share.

Benchmark Electronics declared a quarterly dividend on Monday, December 12th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.165 per share on Friday, January 13th. This represents a $0.66 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date is Thursday, December 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 2.61%. 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 issued an update on its first quarter earnings guidance on Wednesday, February, 1st. The company provided EPS 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 many different institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.61%), Kovitz Investment Group Partners LLC (0.67%), New York State Teachers Retirement System (0.23%), Legato Capital Management LLC (0.19%), Carolina Wealth Advisors LLC (0.08%) and New York State Common Retirement Fund (0.07%). 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 $25.26.

Benchmark Electronics (NYSE:BHE) has a market capitalization of $888.65 million and generates $2.89 billion in revenue each year. The technology company earns $35.77 million in net income (profit) each year or $1.93 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.