Benchmark Electronics (NYSE:BHE) Releases Earnings Results

Benchmark Electronics (NYSE:BHE) released its quarterly earnings results on Wednesday. The technology company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01), Zacks reports. Benchmark Electronics had a return on equity of 6.71% and a net margin of 2.38%. Benchmark Electronics updated its Q1 2025 guidance to 0.480-0.540 EPS.

Benchmark Electronics Stock Up 1.3 %

Shares of NYSE BHE traded up $0.57 during midday trading on Friday, reaching $43.08. 12,976 shares of the company’s stock traded hands, compared to its average volume of 223,746. Benchmark Electronics has a one year low of $27.04 and a one year high of $52.57. The stock’s 50 day simple moving average is $46.95 and its 200-day simple moving average is $44.73. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 24.79 and a beta of 1.00. The company has a quick ratio of 1.45, a current ratio of 2.36 and a debt-to-equity ratio of 0.25.

Benchmark Electronics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.17 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.58%. Benchmark Electronics’s dividend payout ratio is currently 39.31%.

Analysts Set New Price Targets

BHE has been the topic of a number of research analyst reports. StockNews.com raised Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Needham & Company LLC lifted their target price on Benchmark Electronics from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.00.

Insiders Place Their Bets

In other Benchmark Electronics news, CEO Jeff Benck sold 6,000 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $45.31, for a total value of $271,860.00. Following the completion of the transaction, the chief executive officer now owns 418,173 shares of the company’s stock, valued at approximately $18,947,418.63. This trade represents a 1.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders sold 36,000 shares of company stock worth $1,655,340. 2.10% of the stock is owned by corporate insiders.

Benchmark Electronics Company Profile

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.