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Benchmark Electronics (BHE)
NYSE:BHE
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BHE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.66 - $48.58
Previous Close$42.51
Volume292.86K
Average Volume (3M)363.10K
Market Cap
$1.54B
Enterprise Value$1.64B
Total Cash (Recent Filing)$309.29M
Total Debt (Recent Filing)$406.12M
Price to Earnings (P/E)22.8
Beta0.69
Next Earnings
Oct 23, 2024EPS Estimate
$0.54Last Dividend Ex-Date
Jun 28, 2024Dividend Yield1.55%
Share Statistics
EPS (TTM)1.87
Shares Outstanding36,105,783
10 Day Avg. Volume179,516
30 Day Avg. Volume363,099
Standard Deviation0.11
R-Squared0.23
Alpha0.00546
Financial Highlights & Ratios
Price to Book (P/B)1.70
Price to Sales (P/S)0.56
Price to Cash Flow (P/CF)6.90
P/FCF Ratio7.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.59
Enterprise Value/Gross Profit6.03
Enterprise Value/Ebitda10.30
Forecast
1Y Price Target
$45.50Price Target Upside7.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Benchmark Electronics News
PremiumPress Releases
BENCHMARK REPORTS SECOND QUARTER 2024 RESULTS
Bulls Say, Bears Say
Bulls Say
Debt ReductionThe Company reduced debt by $26M, allowing it to flip to a net cash position of $20.4M from a net debt position of $19.2M exiting Q1.
Dividend IncreaseBenchmark increased its quarterly dividend to $0.17/share and raised its 2024 FCF guidance to >$120M, up from its previous expectation of $80-$90M.
Growth ExpectationManagement was incrementally more positive on the Semi Cap segment and expects high-single-digit to low-double-digit growth in 2024.
Bears Say
Market ChallengesThe headwinds that impacted Q4 have not subsided and are likely to create some challenges throughout 2024, including softening demand and inventory rebalancing in the Industrials and Medical markets and continued weakness in Computing and Telecom.
Revenue GuidanceEPS at the midpoint of the Q2 guide (including SBC) was slightly below Street expectations.
Revenue PerformanceThe 3% y/y decline in revenue was primarily driven by softness in the Medical, Industrials, and Communications segments.
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Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
BHE FAQ
What was Benchmark Electronics’s price range in the past 12 months?
Benchmark Electronics lowest stock price was $22.66 and its highest was $48.58 in the past 12 months.
What is Benchmark Electronics’s market cap?
Currently, no data Available
When is Benchmark Electronics’s upcoming earnings report date?
Benchmark Electronics’s upcoming earnings report date is Oct 23, 2024 which is in 53 days.
How were Benchmark Electronics’s earnings last quarter?
Benchmark Electronics released its earnings results on Jul 30, 2024. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.507 by $0.063.
Is Benchmark Electronics overvalued?
According to Wall Street analysts Benchmark Electronics’s price is currently Undervalued.
Does Benchmark Electronics pay dividends?
Benchmark Electronics pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 1.55%. See more information on Benchmark Electronics dividends here
What is Benchmark Electronics’s EPS estimate?
Benchmark Electronics’s EPS estimate is $0.54.
How many shares outstanding does Benchmark Electronics have?
Benchmark Electronics has 36,105,780 shares outstanding.
What happened to Benchmark Electronics’s price movement after its last earnings report?
Benchmark Electronics reported an EPS of $0.57 in its last earnings report, beating expectations of $0.507. Following the earnings report the stock price went up 17.646%.
Which hedge fund is a major shareholder of Benchmark Electronics?
Among the largest hedge funds holding Benchmark Electronics’s share is First Eagle Investment Management LLC. It holds Benchmark Electronics’s shares valued at 11M.
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Benchmark Electronics Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$45.50 (7.03% Upside)
$45.50 (7.03% Upside)
Blogger Sentiment
Bullish
BHE Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 274.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $302.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.1%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
69.46%
12-Months-Change
Fundamentals
Return on Equity
6.30%
Trailing 12-Months
Asset Growth
-6.62%
Trailing 12-Months
Company Description
Benchmark Electronics
Benchmark Electronics, Inc. provides integrated electronic manufacturing services, engineering and design services, and precision machining services. The company provides services to original equipment manufacturers of industrial control equipment telecommunication equipment, computers and related products for business enterprises, medical devices, and testing and instrumentation products. Its services include comprehensive and integrated design and manufacturing services and solutions from initial product concept to volume production, including direct order fulfillment and aftermarket services. The company was founded by Cary T. Fu, Steven A. Barton and Donald E. Nigbor in 1979 and is headquartered in Angleton, TX.
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BHE Company Deck
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BHE Earnings Call
Q2 2024
0:00 / 0:00
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BHE Stock 12 Month Forecast
Average Price Target
$45.50
▲(7.03% Upside)
Technical Analysis
Best Analysts Covering BHE
1 Year
1 Year Success Rate
7/16 ratings generated profit
1 Year Average Return
+7.71%
reiterated a buy rating last month
Copying James Ricchiuti's trades and holding each position for 1 Year would result in 43.75% of your transactions generating a profit, with an average return of +7.71% per trade.
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