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 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..
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.