NYSE:BHEBenchmark Electronics Stock Price, Forecast & News

Benchmark Electronics' stock was trading at $24.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BHE shares have decreased by 19.3% and is now trading at $20.01. 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 quarterly earnings results on Wednesday, April, 29th. The technology company reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.06. The technology company earned $515 million during the quarter, compared to analysts' expectations of $510 million. Benchmark Electronics had a net margin of 0.62% and a return on equity of 4.50%. Benchmark Electronics's quarterly revenue was down 14.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 EPS. View Benchmark Electronics' earnings history.

Benchmark Electronics announced a quarterly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.16 per share on Tuesday, July 14th. This represents a $0.64 annualized dividend and a yield of 3.20%. The ex-dividend date is Monday, June 29th. View Benchmark Electronics' dividend history.

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

2 analysts have issued 12 month price targets for Benchmark Electronics' shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate Benchmark Electronics' share price to reach $28.00 in the next year. This suggests a possible upside of 39.9% from the stock's current price. View analysts' price targets for Benchmark Electronics.

News coverage about BHE stock has trended very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Benchmark Electronics earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. 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 days-to-cover ratio is currently 2.8 days. Currently, 2.0% of the company's shares 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 variety of retail and institutional 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 $20.01.

Benchmark Electronics has a market capitalization of $728.76 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]