Should I buy or sell Benchmark Electronics stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Benchmark Electronics in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BHE shares. View BHE analyst ratings or view top-rated stocks .

What is Benchmark Electronics' stock price target for 2024?

1 Wall Street research analysts have issued twelve-month target prices for Benchmark Electronics' shares. Their BHE share price targets range from $31.00 to $31.00. On average, they expect the company's share price to reach $31.00 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View analysts price targets for BHE or view top-rated stocks among Wall Street analysts .

How have BHE shares performed in 2024?

Benchmark Electronics' stock was trading at $27.64 at the beginning of the year. Since then, BHE shares have increased by 8.0% and is now trading at $29.84. View the best growth stocks for 2024 here .

Are investors shorting Benchmark Electronics?

Benchmark Electronics saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 588,700 shares, a drop of 30.5% from the March 15th total of 847,100 shares. Based on an average daily volume of 292,600 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.7% of the company's shares are sold short. View Benchmark Electronics' Short Interest .

When is Benchmark Electronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our BHE earnings forecast .

How were Benchmark Electronics' earnings last quarter?

Benchmark Electronics, Inc. (NYSE:BHE) posted its earnings results on Wednesday, January, 31st. The technology company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The technology company had revenue of $691.35 million for the quarter. Benchmark Electronics had a net margin of 2.27% and a trailing twelve-month return on equity of 6.95%.

How often does Benchmark Electronics pay dividends? What is the dividend yield for Benchmark Electronics?

Benchmark Electronics announced a quarterly dividend on Monday, March 11th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.165 per share on Friday, April 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for BHE .

Is Benchmark Electronics a good dividend stock?

Benchmark Electronics (NYSE:BHE) pays an annual dividend of $0.66 per share and currently has a dividend yield of 2.21%. The dividend payout ratio is 36.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for BHE .

What ETFs hold Benchmark Electronics' stock?

ETFs with the largest weight of Benchmark Electronics (NYSE:BHE) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Invesco S&P SmallCap Value with Momentum ETF (XSVM) . Invesco S&P SmallCap Information Technology ETF (PSCT) .

What guidance has Benchmark Electronics issued on next quarter's earnings?

Benchmark Electronics issued an update on its first quarter 2024 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of 0.420-0.480 for the period, compared to the consensus estimate of 0.460. The company issued revenue guidance of $625.0 million-$665.0 million, compared to the consensus revenue estimate of $645.0 million.

What is Jeff Benck's approval rating as Benchmark Electronics' CEO?

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.

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 (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) .

Who are Benchmark Electronics' major shareholders?

Benchmark Electronics' stock is owned by a variety of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (1.79%), Miller Howard Investments Inc. NY (0.04%) and Rise Advisors LLC (0.00%). 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 .

How do I buy shares of Benchmark Electronics?

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 .

NYSE:BHE

Benchmark Electronics (BHE) Stock Price, News & Analysis

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$29.84

-0.20 (-0.67%)

(As of 04/18/2024 ET)

Compare

Today's Range: $29.83
▼
$30.48
50-Day Range: $28.60
▼
$31.27
52-Week Range: $20.58
▼
$31.75

Volume: 272,289 shs
Average Volume: 289,411 shs
Market Capitalization: $1.08 billion

P/E Ratio: 16.58
Dividend Yield: 2.21%
Price Target: $31.00

Get Benchmark Electronics alerts:

Benchmark Electronics MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 3.9% Upside
$31.00 Price Target
Short Interest: Healthy
1.71% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.76
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.39 out of 5 stars

Computer And Technology Sector

435th out of 590 stocks

Printed Circuit Boards Industry

9th out of 10 stocks

1.5

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 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Benchmark Electronics has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.71% 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, 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 30.50%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Benchmark Electronics pays a meaningful dividend of 2.21%, 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 36.67%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BHE.

2.6

News and Social Media Coverage

News Sentiment
Benchmark Electronics has a news sentiment score of 0.76. 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 is a higher news sentiment than the 0.49 average news sentiment score 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.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Benchmark Electronics insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.80% 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.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Benchmark Electronics is 16.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Benchmark Electronics is 16.58, 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 260.69.
Price to Book Value per Share Ratio
Benchmark Electronics has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Benchmark Electronics Stock (NYSE:BHE)

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.

BHE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BHE Stock News Headlines

April 17, 2024 | americanbankingnews.com

Benchmark Electronics (NYSE:BHE) Stock Crosses Above Two Hundred Day Moving Average of $27.23

April 15, 2024 | finance.yahoo.com

Is It Time To Consider Buying Benchmark Electronics, Inc. (NYSE:BHE)?

April 18, 2024 | DTI (Ad)

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April 10, 2024 | ft.com

Wall Street turns to ‘solar grazing’ sheep in its push to go green

March 22, 2024 | bizjournals.com

Benchmark Electronics CFO resigns to pursue outside 'opportunity'

March 22, 2024 | fortune.com

A unicorn’s CFO on the benefits of company-wide storytelling and how she turned ‘a random assortment of skills’ into a toolkit

March 22, 2024 | finance.yahoo.com

Is It Smart To Buy Benchmark Electronics, Inc. (NYSE:BHE) Before It Goes Ex-Dividend?

March 20, 2024 | seekingalpha.com

Benchmark Electronics: Still Not Buying Due To Sluggish Growth Amid Market Uncertainty

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 19, 2024 | msn.com

Benchmark Electronics names Arvind Kamal as interim CFO

March 19, 2024 | prnewswire.com

BENCHMARK ELECTRONICS ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER REITERATES FIRST QUARTER FISCAL 2024 GUIDANCE

March 11, 2024 | prnewswire.com

BENCHMARK ELECTRONICS ANNOUNCES QUARTERLY CASH DIVIDEND

March 3, 2024 | ca.finance.yahoo.com

BHE Apr 2024 30.000 put

February 29, 2024 | finance.yahoo.com

Benchmark Electronics Full Year 2023 Earnings: EPS Misses Expectations

February 27, 2024 | prnewswire.com

Benchmark Releases Its Third Annual Sustainability Report

February 18, 2024 | finance.yahoo.com

BHE Mar 2024 30.000 put

February 17, 2024 | finance.yahoo.com

Benchmark Electronics Inc SVP, Chief HR Officer Rhonda Turner Sells 8,000 Shares

February 7, 2024 | finance.yahoo.com

Benchmark Electronics Inc SVP, Chief Technology Officer Jan Janick Sells 12,232 Shares

February 1, 2024 | finance.yahoo.com

Benchmark Electronics Inc (BHE) Posts Mixed Results for Q4 and Full Year 2023

February 1, 2024 | finanznachrichten.de

Benchmark Electronics, Inc.: Benchmark Reports Fourth Quarter And Fiscal Year 2023 Results

January 31, 2024 | benzinga.com

Benchmark Electronics: Q4 Earnings Insights

January 31, 2024 | markets.businessinsider.com

Benchmark Electronics Inc Q4 Profit Decreases, but beats estimates

January 31, 2024 | finance.yahoo.com

BENCHMARK REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS

January 31, 2024 | seekingalpha.com

Benchmark Electronics, Inc. 2023 Q4 - Results - Earnings Call Presentation

January 30, 2024 | msn.com

Benchmark Electronics Q4 2023 Earnings Preview

January 30, 2024 | benzinga.com

Earnings Outlook For Benchmark Electronics

January 23, 2024 | wsj.com

Benchmark Electronics Inc.

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Company Calendar

Last Earnings: 1/31/2024
Ex-Dividend for 4/12 Dividend: 3/27/2024
Dividend Payable: 4/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Printed circuit boards
Sub-Industry: Electronic Manufacturing Services
Current Symbol: NYSE:BHE
CUSIP: 08160H10
CIK: 863436
Web: www.bench.com
Phone: (623) 300-7000
Fax: 979-848-5270
Employees: 12,703
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $31.00
High Stock Price Target: $31.00
Low Stock Price Target: $31.00
Potential Upside/Downside: +3.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.80
Trailing P/E Ratio: 16.58
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $64.32 million
Net Margins: 2.27%
Pretax Margin: 2.86%
Return on Equity: 6.95%
Return on Assets: 3.19%

Debt

Debt-to-Equity Ratio: 0.30
Current Ratio: 2.29
Quick Ratio: 1.33

Sales & Book Value

Annual Sales: $2.84 billion
Price / Sales: 0.38
Cash Flow: $3.32 per share
Price / Cash Flow: 8.99
Book Value: $30.24 per share
Price / Book: 0.99

Miscellaneous

Outstanding Shares: 36,040,000
Free Float: 35,394,000
Market Cap: $1.08 billion
Optionable: Optionable
Beta: 1.02

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Key Executives

Mr. Jeffrey W. Benck (Age 59)
President, CEO & Director
Comp: $2.87M
Mr. Stephen J. Beaver Esq. (Age 52)
Senior VP, Corporate Secretary, General Counsel & Chief Legal Officer
Comp: $863.63k
Mr. Arvind Kamal
Interim Chief Financial Officer
Mr. Dave Valkanoff
Executive VP & COO
Mr. Jan M. Janick (Age 65)
Senior VP & CTO
Comp: $422.97k
Mr. Scott M. Hicar (Age 57)
Senior VP & Chief Information Officer
Paul Mansky
Investor Relations & Corporate Development Officer
Ms. Rhonda R. Turner (Age 51)
Senior VP & Chief Human Resources Officer
Mr. Dave Clark
Senior VP & Chief Procurement Officer
Mr. David Moezidis
Executive VP & Chief Commercial Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BHE Stock Analysis - Frequently Asked Questions

Should I buy or sell Benchmark Electronics stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Benchmark Electronics in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BHE shares.
View BHE analyst ratings or view top-rated stocks.
What is Benchmark Electronics' stock price target for 2024?: 1 Wall Street research analysts have issued twelve-month target prices for Benchmark Electronics' shares. Their BHE share price targets range from $31.00 to $31.00. On average, they expect the company's share price to reach $31.00 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price.
View analysts price targets for BHE or view top-rated stocks among Wall Street analysts.
How have BHE shares performed in 2024?: Benchmark Electronics' stock was trading at $27.64 at the beginning of the year. Since then, BHE shares have increased by 8.0% and is now trading at $29.84.
View the best growth stocks for 2024 here.
Are investors shorting Benchmark Electronics?: Benchmark Electronics saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 588,700 shares, a drop of 30.5% from the March 15th total of 847,100 shares. Based on an average daily volume of 292,600 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.7% of the company's shares are sold short.
View Benchmark Electronics' Short Interest.
When is Benchmark Electronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our BHE earnings forecast.
How were Benchmark Electronics' earnings last quarter?: Benchmark Electronics, Inc. (NYSE:BHE) posted its earnings results on Wednesday, January, 31st. The technology company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The technology company had revenue of $691.35 million for the quarter. Benchmark Electronics had a net margin of 2.27% and a trailing twelve-month return on equity of 6.95%.
How often does Benchmark Electronics pay dividends? What is the dividend yield for Benchmark Electronics?: Benchmark Electronics announced a quarterly dividend on Monday, March 11th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.165 per share on Friday, April 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for BHE.
Is Benchmark Electronics a good dividend stock?: Benchmark Electronics (NYSE:BHE) pays an annual dividend of $0.66 per share and currently has a dividend yield of 2.21%. The dividend payout ratio is 36.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BHE.

What ETFs hold Benchmark Electronics' stock?: ETFs with the largest weight of Benchmark Electronics (NYSE:BHE) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).Invesco S&P SmallCap Information Technology ETF (PSCT).
What guidance has Benchmark Electronics issued on next quarter's earnings?: Benchmark Electronics issued an update on its first quarter 2024 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of 0.420-0.480 for the period, compared to the consensus estimate of 0.460. The company issued revenue guidance of $625.0 million-$665.0 million, compared to the consensus revenue estimate of $645.0 million.
What is Jeff Benck's approval rating as Benchmark Electronics' CEO?: 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.
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 (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).
Who are Benchmark Electronics' major shareholders?: Benchmark Electronics' stock is owned by a variety of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (1.79%), Miller Howard Investments Inc. NY (0.04%) and Rise Advisors LLC (0.00%). 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.
How do I buy shares of Benchmark Electronics?: 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.

This page (NYSE:BHE) was last updated on 4/18/2024 by MarketBeat.com Staff

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Benchmark Electronics (BHE) Stock Price, News & Analysis

Benchmark Electronics MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Benchmark Electronics Stock (NYSE:BHE)

BHE Stock Price History

BHE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

BHE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™