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NYSE:BHE

Benchmark Electronics (BHE) Stock Price, News & Analysis

$43.96
-0.57 (-1.28%)
(As of 09/20/2024 ET)

About Benchmark Electronics Stock (NYSE:BHE)

Key Stats

Today's Range
$43.39
$44.43
50-Day Range
$38.99
$47.87
52-Week Range
$22.66
$48.58
Volume
1.11 million shs
Average Volume
324,433 shs
Market Capitalization
$1.58 billion
P/E Ratio
24.02
Dividend Yield
1.55%
Price Target
$41.33
Consensus Rating
Moderate Buy

Company Overview

Benchmark Electronics, Inc., together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services. It also offers 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, and life cycle testing services, as well as environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company provides precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing 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, semiconductor capital equipment, telecommunications, and advanced computing industries. It markets its services and solutions primarily through a direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.

Benchmark Electronics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 49th Percentile

Benchmark Electronics scored higher than 49% of companies evaluated by MarketBeat, and ranked 396th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Benchmark Electronics has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Benchmark Electronics has only been the subject of 2 research reports in the past 90 days.

  • Read more about Benchmark Electronics' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Benchmark Electronics is 24.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Benchmark Electronics is 24.02, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 274.89.

  • Price to Book Value per Share Ratio

    Benchmark Electronics has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Benchmark Electronics' valuation and earnings.
  • Percentage of Shares Shorted

    2.42% of the float of Benchmark Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Benchmark Electronics has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Benchmark Electronics has recently decreased by 22.63%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Benchmark Electronics pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Benchmark Electronics does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Benchmark Electronics is 37.16%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Benchmark Electronics' dividend.
  • Percentage of Shares Shorted

    2.42% of the float of Benchmark Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Benchmark Electronics has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Benchmark Electronics has recently decreased by 22.63%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Benchmark Electronics has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Benchmark Electronics this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for BHE on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Benchmark Electronics to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Benchmark Electronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $302,017.00 in company stock.

  • Percentage Held by Insiders

    Only 2.10% of the stock of Benchmark Electronics is held by insiders.

  • Percentage Held by Institutions

    92.29% of the stock of Benchmark Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Benchmark Electronics' insider trading history.
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BHE Stock News Headlines

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BHE Stock Analysis - Frequently Asked Questions

Benchmark Electronics' stock was trading at $27.64 on January 1st, 2024. Since then, BHE stock has increased by 59.0% and is now trading at $43.96.
View the best growth stocks for 2024 here
.

Benchmark Electronics, Inc. (NYSE:BHE) announced its quarterly earnings data on Tuesday, July, 30th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.06. The firm's revenue for the quarter was down 9.2% compared to the same quarter last year.

Top institutional shareholders of Benchmark Electronics include Dimensional Fund Advisors LP (8.36%), Pacer Advisors Inc. (4.95%), Tributary Capital Management LLC (1.79%) and American Century Companies Inc. (1.71%). Insiders that own company stock include Jeff Benck, Jan M Janick, Jeffrey Stephen Mccreary, Arvind Kamal and Rhonda R Turner.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and SunCoke Energy Partners (SXCP).

Company Calendar

Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Last Earnings
7/30/2024
Today
9/20/2024
Ex-Dividend for 10/11 Dividend
9/30/2024
Dividend Payable
10/11/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic Components
Sub-Industry
Electronic Manufacturing Services
CUSIP
08160H10
Employees
12,703
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.33
High Stock Price Target
$46.00
Low Stock Price Target
$33.00
Potential Upside/Downside
-6.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$64.32 million
Pretax Margin
3.18%

Debt

Sales & Book Value

Annual Sales
$2.75 billion
Cash Flow
$3.63 per share
Book Value
$30.24 per share

Miscellaneous

Free Float
35,289,000
Market Cap
$1.59 billion
Optionable
Optionable
Beta
0.98
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This page (NYSE:BHE) was last updated on 9/20/2024 by MarketBeat.com Staff
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