Benchmark Electronics (NYSE:BHE) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Benchmark Electronics (NYSE:BHE) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

A number of other research firms have also recently weighed in on BHE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, January 21st. Lake Street Capital set a $62.00 price target on Benchmark Electronics in a report on Wednesday, February 4th. Finally, Needham & Company LLC increased their price target on Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $62.00.

Benchmark Electronics Trading Down 2.4%

NYSE BHE opened at $57.74 on Friday. Benchmark Electronics has a 12-month low of $30.73 and a 12-month high of $61.12. The company has a fifty day simple moving average of $51.34 and a two-hundred day simple moving average of $45.19. The company has a current ratio of 2.28, a quick ratio of 1.52 and a debt-to-equity ratio of 0.19. The stock has a market cap of $2.06 billion, a P/E ratio of 83.69 and a beta of 1.03.

Benchmark Electronics (NYSE:BHE) last released its earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.07. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The firm had revenue of $704.00 million for the quarter, compared to the consensus estimate of $696.67 million. During the same period in the prior year, the firm earned $0.61 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Insider Buying and Selling

In other news, CEO Jeff Benck sold 834 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $60.06, for a total transaction of $50,090.04. Following the completion of the sale, the chief executive officer owned 397,246 shares of the company’s stock, valued at $23,858,594.76. This represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Rhonda R. Turner sold 10,000 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $47.83, for a total transaction of $478,300.00. Following the completion of the sale, the senior vice president owned 34,701 shares of the company’s stock, valued at $1,659,748.83. This trade represents a 22.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 80,934 shares of company stock worth $4,157,769. 2.20% of the stock is owned by corporate insiders.

Institutional Trading of Benchmark Electronics

Several large investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. lifted its position in Benchmark Electronics by 8.1% in the fourth quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock valued at $124,293,000 after buying an additional 218,450 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Benchmark Electronics by 39.0% in the 2nd quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock worth $69,531,000 after acquiring an additional 502,717 shares during the last quarter. Earnest Partners LLC acquired a new position in shares of Benchmark Electronics in the 4th quarter worth approximately $74,940,000. State Street Corp boosted its position in shares of Benchmark Electronics by 0.7% during the 4th quarter. State Street Corp now owns 1,389,766 shares of the technology company’s stock worth $59,661,000 after purchasing an additional 9,724 shares during the period. Finally, American Century Companies Inc. increased its holdings in Benchmark Electronics by 2.3% in the 3rd quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company’s stock valued at $51,201,000 after purchasing an additional 29,923 shares during the last quarter. 92.29% of the stock is currently owned by hedge funds and other institutional investors.

About Benchmark Electronics

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.