NYSE:BHEBenchmark Electronics Stock Price, Forecast & News

$20.35

+0.13 (+0.64 %)

(As of 05/25/2020 12:52 PM ET)

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Today's Range

$19.73

Now: $20.35▼

$20.45

50-Day Range

$18.32

MA: $20.42▼

$23.93

52-Week Range

$14.06

Now: $20.35▼

$37.36

Volume177,685 shs

Average Volume272,264 shs

Market Capitalization$741.15 million

P/E Ratio59.85

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^™

3.5 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 27.8% from its current price of $20.35.
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 59.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Benchmark Electronics is 59.85, 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 40.72.
Price to Book Value per Share Ratio
Benchmark Electronics has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.38 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 Ratio59.85

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.27 billion

Price / Sales0.33

Cash Flow$2.70 per share

Price / Cash Flow7.54

Book Value$27.49 per share

Price / Book0.74

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$741.15 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BHE stock has decreased by 17.9% and is now trading at $20.35. 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) released its quarterly earnings data on Wednesday, April, 29th. The technology company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.06. The technology company had revenue of $515 million for the quarter, compared to the consensus estimate of $510 million. Benchmark Electronics had a return on equity of 4.50% and a net margin of 0.62%. The company's quarterly revenue was down 14.6% on a year-over-year basis. During the same period last year, the business 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 declared a quarterly dividend on Monday, March 16th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.16 per share on Tuesday, April 14th. This represents a $0.64 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date is Monday, March 30th. This is a boost 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 declared that its board has initiated a stock repurchase plan on Tuesday, October 30th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 9.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

What price target have analysts set for BHE?

2 brokerages have issued 12 month price objectives for Benchmark Electronics' stock. Their forecasts range from $24.00 to $28.00. On average, they anticipate Benchmark Electronics' share price to reach $26.00 in the next year. This suggests a possible upside of 27.8% from the stock's current price. View analysts' price targets for Benchmark Electronics.

Has Benchmark Electronics been receiving favorable news coverage?

Headlines about BHE stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Benchmark Electronics earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutBenchmark Electronics.

Are investors shorting Benchmark Electronics?

Benchmark Electronics saw a decline in short interest in May. As of May 15th, there was short interest totaling 666,500 shares, a decline of 28.2% from the April 30th total of 928,300 shares. Based on an average trading volume of 320,800 shares, the short-interest ratio is presently 2.1 days. Currently, 1.9% of the company's stock are sold short. 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 many different 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 institutional 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, Martingale Asset Management L P, Parametric Portfolio Associates LLC, and UBS Group AG. 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 institutional 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 $20.35.

How big of a company is Benchmark Electronics?

Benchmark Electronics has a market capitalization of $741.15 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 5/25/2020 by MarketBeat.com Staff