Benchmark Electronics Stock Today

BHE Stock  USD 30.19  1.07  3.67%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 1

 
100  
 
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Benchmark Electronics is trading at 30.19 as of the 28th of March 2024, a 3.67% increase since the beginning of the trading day. The stock's lowest day price was 29.33. Benchmark Electronics has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Benchmark Electronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
28th of June 1990
Category
Technology
Classification
Information Technology
Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona. The company has 35.77 M outstanding shares of which 863.58 K shares are currently shorted by investors with about 3.2 days to cover. More on Benchmark Electronics

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Benchmark Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Benchmark Electronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Benchmark Electronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorGayla Delly
Old NamePricon Invest AG (BHE.SG)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NYSE Composite, SP Small-Cap 600, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Benchmark Electronics report their recommendations after researching Benchmark Electronics' financial statements, talking to executives and customers, or listening in on Benchmark Electronics' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Benchmark Electronics. The Benchmark consensus assessment is calculated by taking the average forecast from all of the analysts covering Benchmark Electronics.
Financial Strength
Based on the key indicators related to Benchmark Electronics' liquidity, profitability, solvency, and operating efficiency, Benchmark Electronics is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Benchmark Electronics is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.741.248
Significantly Up
Slightly volatile
Gross Profit Margin0.110.0923
Fairly Up
Very volatile
Total Current Liabilities749.2 M713.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total506.2 M482.1 M
Sufficiently Up
Slightly volatile
Total Assets1.2 B2.3 B
Way Down
Slightly volatile
Total Current Assets938.1 M1.6 B
Way Down
Slightly volatile
Benchmark Electronics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Benchmark Electronics' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Benchmark Electronics' financial leverage. It provides some insight into what part of Benchmark Electronics' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Benchmark Electronics' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Benchmark Electronics deploys its capital and how much of that capital is borrowed.
Liquidity
Benchmark Electronics cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 469.83 M in debt with debt to equity (D/E) ratio of 0.4, which is OK given its current industry classification. Benchmark Electronics has a current ratio of 1.97, which is typical for the industry and considered as normal. Debt can assist Benchmark Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Benchmark Electronics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Benchmark Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Benchmark to invest in growth at high rates of return. When we think about Benchmark Electronics' use of debt, we should always consider it together with cash and equity.

Change In Cash

79.57 Million
Benchmark Electronics (BHE) is traded on New York Stock Exchange in USA. It is located in 56 South Rockford Drive, Tempe, AZ, United States, 85281 and employs 12,703 people. Benchmark Electronics is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Benchmark Electronics's market, we take the total number of its shares issued and multiply it by Benchmark Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Benchmark Electronics runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 35.77 M outstanding shares of which 863.58 K shares are currently shorted by investors with about 3.2 days to cover. Benchmark Electronics has about 207.43 M in cash with 174.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.06.
Check Benchmark Electronics Probability Of Bankruptcy
Ownership Allocation
Benchmark Electronics holds a total of 35.77 Million outstanding shares. The majority of Benchmark Electronics outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Benchmark Electronics to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Benchmark Electronics. Please pay attention to any change in the institutional holdings of Benchmark Electronics as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Benchmark Ownership Details

Benchmark Stock Price Odds Analysis

What are Benchmark Electronics' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Benchmark Electronics jumping above the current price in 90 days from now is about 18.08%. The Benchmark Electronics probability density function shows the probability of Benchmark Electronics stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.2321 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Benchmark Electronics will likely underperform. Additionally, benchmark Electronics has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 30.19HorizonTargetOdds Above 30.19
81.77%90 days
 30.19 
18.08%
Based on a normal probability distribution, the odds of Benchmark Electronics to move above the current price in 90 days from now is about 18.08 (This Benchmark Electronics probability density function shows the probability of Benchmark Stock to fall within a particular range of prices over 90 days) .

Benchmark Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Benchmark Electronics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Benchmark Electronics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Benchmark Electronics' value.
InstituionRecorded OnShares
Tributary Capital Management, Llc2023-12-31
573.9 K
Royce & Associates, Lp2023-12-31
483.4 K
Bank Of New York Mellon Corp2023-12-31
474.2 K
Morgan Stanley - Brokerage Accounts2023-12-31
461 K
Goldman Sachs Group Inc2023-12-31
393.8 K
Northern Trust Corp2023-12-31
390 K
Heartland Advisors Inc2023-12-31
353.8 K
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
291.6 K
Aqr Capital Management Llc2023-12-31
262.3 K
Blackrock Inc2023-12-31
6.5 M
Vanguard Group Inc2023-12-31
4.7 M
View Benchmark Electronics Diagnostics

Benchmark Electronics Historical Income Statement

Benchmark Electronics Income Statement is one of the three primary financial statements used for reporting Benchmark's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Benchmark Electronics revenue and expense. Benchmark Electronics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Benchmark Electronics' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 5.5 B, whereas Selling General Administrative is forecasted to decline to about 78 M. View More Fundamentals

Benchmark Stock Against Markets

Picking the right benchmark for Benchmark Electronics stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Benchmark Electronics stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Benchmark Electronics is critical whether you are bullish or bearish towards Benchmark Electronics at a given time. Please also check how Benchmark Electronics' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Benchmark Electronics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Benchmark Electronics Corporate Directors

Benchmark Electronics corporate directors refer to members of a Benchmark Electronics board of directors. The board of directors generally takes responsibility for the Benchmark Electronics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Benchmark Electronics' board members must vote for the resolution. The Benchmark Electronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Paul TufanoIndependent DirectorProfile
Jeffrey McCrearyIndependent DirectorProfile
Michael DawsonIndependent DirectorProfile
Bruce CarlsonIndependent DirectorProfile

How to buy Benchmark Stock?

Before investing in Benchmark Electronics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Benchmark Electronics. To buy Benchmark Electronics stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Benchmark Electronics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Benchmark Electronics stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Benchmark Electronics stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Benchmark Electronics stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Benchmark Electronics, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Benchmark Stock please use our How to Invest in Benchmark Electronics guide.

Already Invested in Benchmark Electronics?

The danger of trading Benchmark Electronics is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Benchmark Electronics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Benchmark Electronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Benchmark Electronics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
Note that the Benchmark Electronics information on this page should be used as a complementary analysis to other Benchmark Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Benchmark Stock analysis

When running Benchmark Electronics' price analysis, check to measure Benchmark Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Benchmark Electronics is operating at the current time. Most of Benchmark Electronics' value examination focuses on studying past and present price action to predict the probability of Benchmark Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benchmark Electronics' price. Additionally, you may evaluate how the addition of Benchmark Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Benchmark Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Benchmark Electronics. If investors know Benchmark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Benchmark Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
0.66
Earnings Share
1.79
Revenue Per Share
79.823
Quarterly Revenue Growth
(0.08)
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.