Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) SVP Stephen Beaver sold 1,250 shares of the company's stock in a transaction on Monday, December 8th. The stock was sold at an average price of $48.00, for a total transaction of $60,000.00. Following the sale, the senior vice president directly owned 85,745 shares in the company, valued at $4,115,760. This trade represents a 1.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Benchmark Electronics Stock Up 0.6%
Shares of BHE stock opened at $47.41 on Wednesday. Benchmark Electronics, Inc. has a 52-week low of $30.73 and a 52-week high of $50.26. The stock has a market cap of $1.69 billion, a price-to-earnings ratio of 46.48 and a beta of 1.05. The firm's 50-day moving average is $42.75 and its 200-day moving average is $40.35. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.50 and a current ratio of 2.32.
Benchmark Electronics (NYSE:BHE - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.05. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The business had revenue of $680.68 million during the quarter, compared to analysts' expectations of $661.67 million. During the same quarter last year, the company posted $0.57 earnings per share. Benchmark Electronics's quarterly revenue was up 3.5% on a year-over-year basis. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. Wall Street Zen upgraded Benchmark Electronics from a "hold" rating to a "buy" rating in a research note on Saturday, November 8th. Lake Street Capital reiterated a "buy" rating and set a $51.00 price objective on shares of Benchmark Electronics in a research report on Wednesday, November 5th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Benchmark Electronics currently has an average rating of "Moderate Buy" and a consensus target price of $49.00.
Check Out Our Latest Analysis on Benchmark Electronics
Institutional Trading of Benchmark Electronics
A number of hedge funds have recently made changes to their positions in the company. First Trust Advisors LP boosted its holdings in Benchmark Electronics by 39.0% in the second quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company's stock valued at $69,531,000 after acquiring an additional 502,717 shares during the last quarter. Tributary Capital Management LLC increased its position in shares of Benchmark Electronics by 92.5% during the third quarter. Tributary Capital Management LLC now owns 879,486 shares of the technology company's stock worth $33,904,000 after buying an additional 422,608 shares during the period. Franklin Resources Inc. raised its stake in Benchmark Electronics by 14.4% during the third quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company's stock worth $103,634,000 after buying an additional 338,081 shares during the last quarter. Kennedy Capital Management LLC lifted its holdings in Benchmark Electronics by 141.8% in the third quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company's stock valued at $14,019,000 after buying an additional 213,276 shares during the period. Finally, Nuveen LLC acquired a new position in Benchmark Electronics in the first quarter valued at $6,746,000. 92.29% of the stock is owned by institutional investors and hedge funds.
Benchmark Electronics Company Profile
(
Get Free Report)
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.
Further Reading
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