Benchmark Electronics, Inc. (NYSE:BHE – Get Free Report) Director Jeffrey Stephen Mccreary sold 10,000 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $39.49, for a total value of $394,900.00. Following the completion of the transaction, the director now directly owns 45,062 shares of the company’s stock, valued at $1,779,498.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Benchmark Electronics Stock Down 0.5 %
BHE stock opened at $39.82 on Friday. Benchmark Electronics, Inc. has a 1-year low of $20.88 and a 1-year high of $40.16. The business’s 50 day simple moving average is $31.00 and its 200 day simple moving average is $28.28. The company has a current ratio of 2.36, a quick ratio of 1.41 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1.44 billion, a PE ratio of 21.76 and a beta of 1.00.
Benchmark Electronics Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Wednesday, March 27th. Benchmark Electronics’s payout ratio is presently 36.07%.
Institutional Trading of Benchmark Electronics
Analyst Ratings Changes
Several equities research analysts recently commented on the stock. Needham & Company LLC boosted their price objective on shares of Benchmark Electronics from $31.00 to $40.00 and gave the company a “buy” rating in a research report on Monday. Sidoti downgraded Benchmark Electronics from a “buy” rating to a “neutral” rating and set a $33.00 price objective for the company. in a report on Monday, April 29th. Finally, StockNews.com upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Friday, May 3rd.
Get Our Latest Stock Report on BHE
About Benchmark Electronics
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.
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