Benchmark Electronics Inc

Benchmark Electronics Inc Stock Forecast & Price Prediction

Live Benchmark Electronics Inc Stock (BHE) Price
$43.20

4

Ratings

  • Buy 0
  • Hold 3
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$43.20

P/E Ratio

23.37

Volume Traded Today

$155,600

Dividend

$0.17

52 Week High/low

48.58/22.66

Benchmark Electronics Inc Market Cap

$1.57B

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BHE Summary

From what 4 stock analysts predict, the share price for Benchmark Electronics Inc (BHE) might decrease by 4.33% in the next year. This is based on a 12-month average estimation for BHE. Price targets go from $33 to $46. The majority of stock analysts believe BHE is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

BHE Analyst Ratings

BHE is a stock in Technology which has been forecasted to be worth $41.33 as an average. On the higher end, the forecast price is $46 USD by Jaeson Schmidt from Lake Street and on the lower end BHE is forecasted to be $33 by Anja Soderstrom from Sidoti & Co..

BHE stock forecast by analyst

These are the latest 20 analyst ratings of BHE.

Analyst/Firm

Rating

Price Target

Change

Date

James Ricchiuti
Needham

Buy

$45

Maintains

Jul 31, 2024
Jaeson Schmidt
Lake Street

Buy

$46

Maintains

Jul 31, 2024
James Ricchiuti
Needham

Buy

$40

Maintains

May 6, 2024
Anja Soderstrom
Sidoti & Co.

Neutral

$33

Downgrade

Apr 29, 2024
James Ricchiuti
Needham

Buy

$31

Maintains

Feb 1, 2024
James Ricchiuti
Needham

Buy

$30

Reiterates

Oct 26, 2023
James Ricchiuti
Needham

Buy

$30

Reiterates

Aug 1, 2023
James Ricchiuti
Needham

Buy

$30

Maintains

May 8, 2023
James Ricchiuti
Needham

Buy

$34

Maintains

Feb 2, 2023
James Ricchiuti
Needham

Buy

$35

Maintains

Nov 9, 2022
Steven Fox
Fox Advisors

Overweight

$35

Initiates

Aug 24, 2022
James Ricchiuti
Needham

Buy

$34

Maintains

Aug 4, 2022
James Ricchiuti
Needham

Buy

$32

Maintains

Oct 28, 2021
Anja Soderstrom
Sidoti & Co.

Buy

$35

Upgrade

Jul 29, 2021

Needham

Buy


Upgrade

Mar 30, 2021

Sidoti & Co.

Neutral


Downgrade

Jan 12, 2021

Sidoti & Co.

Buy

$28

Maintains

Jun 4, 2020

Sidoti & Co.

Buy


Upgrade

Feb 26, 2020

Lake Street

Buy


Initiates

Nov 25, 2019

Citigroup

Neutral

$25

Maintains

Oct 31, 2018

BHE Company Information

What They Do: Provides engineering and manufacturing services.

Business Model: The company operates a business model centered around offering a comprehensive range of product design, engineering, and manufacturing services. It generates revenue through contracts with original equipment manufacturers across various industries, including aerospace, medical technologies, and telecommunications, by delivering customized solutions such as new product design, testing, and supply chain management.

Other Information: Founded in 1979 and headquartered in Tempe, Arizona, the company has a strong presence in the Americas, Asia, and Europe. It focuses on maintaining long-term relationships with clients by providing lifecycle support services, including repair and refurbishment, which enhances customer retention and loyalty.
BHE
Benchmark Electronics Inc (BHE)

When did it IPO

1990

Staff Count

12,703

Country

United States

Sector/Industry

Technology/Electronic Components

CEO

Mr. Jeffrey W. Benck

Market Cap

$1.57B

Benchmark Electronics Inc (BHE) Financial Data

In 2023, BHE generated $2.84B in revenue, which was a decrease of -1.64% from the previous year. This can be seen as a signal that BHE's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.05B

Revenue From 2021

$2.26B

9.85 %
From Previous Year

Revenue From 2022

$2.89B

27.98 %
From Previous Year

Revenue From 2023

$2.84B

-1.64 %
From Previous Year
  • Revenue TTM $2.75B
  • Operating Margin TTM 4.3%
  • Gross profit TTM $271.1M
  • Return on assets TTM 3.5%
  • Return on equity TTM 6.3%
  • Profit Margin 2.5%
  • Book Value Per Share 30.36%
  • Market capitalisation $1.57B
  • Revenue for 2021 $2.26B
  • Revenue for 2022 $2.89B
  • Revenue for 2023 $2.84B
  • EPS this year (TTM) $1.86

Benchmark Electronics Inc (BHE) Latest News

News Image

Mon, 07 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Benchmark Electronics appointed Bryan Schumaker as CFO, effective October 8, 2024, strengthening its leadership in engineering and manufacturing services.

Why It Matters - The appointment of a new CFO can signal strategic shifts and impact financial performance, affecting investor confidence and stock performance for Benchmark Electronics.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Benchmark Electronics, Inc. opened a new facility in Penang, Malaysia, enhancing vertical integration and adding critical capacity alongside existing operations.

Why It Matters - Benchmark Electronics' new facility enhances production capacity and vertical integration, potentially boosting efficiencies and profitability, which may positively impact stock performance.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Benchmark Electronics, Inc. declared a Q3 2024 cash dividend of $0.17 per share, payable on October 11, 2024, to shareholders on record by September 30, 2024.

Why It Matters - The declaration of a $0.17 dividend signals financial health and commitment to returning value to shareholders, potentially influencing stock demand and price stability.

News Image

Wed, 31 Jul 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Benchmark Electronics, Inc. (BHE) reported second-quarter earnings that exceeded expectations.

Why It Matters - Better-than-expected earnings from Benchmark Electronics suggest strong performance, potentially boosting investor confidence and impacting stock prices positively.

News Image

Tue, 30 Jul 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Benchmark Electronics, Inc. (NYSE:BHE) will hold its Q2 2024 Earnings Conference Call on July 30, 2024, at 5:00 PM ET, featuring key company executives and financial analysts.

Why It Matters - Benchmark Electronics' earnings call will reveal insights into Q2 2024 performance, impacting stock valuation and investor sentiment based on financial health and future guidance.

News Image

Tue, 30 Jul 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Benchmark Electronics (NYSE: BHE) released its financial results for Q2 2024, ending June 30. Further details on performance were not provided in the excerpt.

Why It Matters - Benchmark Electronics' Q2 financial results can influence stock performance, affecting investor sentiment and potential future earnings projections.

...

BHE Frequently asked questions

The highest forecasted price for BHE is $46 from Jaeson Schmidt at Lake Street.

The lowest forecasted price for BHE is $33 from Anja Soderstrom from Sidoti & Co.

The BHE analyst ratings consensus are 0 buy ratings, 3 hold ratings, and 1 sell ratings.