Benchmark Electronics Stock Analysis

BHE Stock  USD 30.01  0.18  0.60%   
Benchmark Electronics is fairly valued with Real Value of 30.92 and Target Price of 32.75. The main objective of Benchmark Electronics stock analysis is to determine its intrinsic value, which is an estimate of what Benchmark Electronics is worth, separate from its market price. There are two main types of Benchmark Electronics' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Benchmark Electronics' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Benchmark Electronics' stock to identify patterns and trends that may indicate its future price movements.
The Benchmark Electronics stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Benchmark Electronics is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Benchmark Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Benchmark Electronics' ongoing operational relationships across important fundamental and technical indicators.
  
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.

Benchmark Stock Analysis Notes

About 97.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. Benchmark Electronics has Price/Earnings To Growth (PEG) ratio of 1.91. The entity last dividend was issued on the 27th of March 2024. The firm had 3:2 split on the 4th of April 2006. 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. Benchmark Electronics operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. It employs 10900 people. For more info on Benchmark Electronics please contact Gayla Delly at 623 300 7000 or go to https://www.bench.com.

Benchmark Electronics Quarterly Total Revenue

691.35 Million

Benchmark Electronics Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Benchmark Electronics' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Benchmark Electronics or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Benchmark Electronics is unlikely to experience financial distress in the next 2 years
Benchmark Electronics has a strong financial position based on the latest SEC filings
Over 97.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Renesas Introduces Industrys First General-Purpose 32-bit RISC-V MCUs with Internally Developed CPU Core

Benchmark Electronics Upcoming and Recent Events

Earnings reports are used by Benchmark Electronics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Benchmark Electronics previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
31st of January 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Benchmark Largest EPS Surprises

Earnings surprises can significantly impact Benchmark Electronics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2000-04-24
2000-03-310.060.05-0.0116 
2020-07-29
2020-06-300.090.07-0.0222 
2013-04-25
2013-03-310.20.220.0210 
View All Earnings Estimates

Benchmark Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Benchmark Electronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Benchmark Electronics backward and forwards among themselves. Benchmark Electronics' institutional investor refers to the entity that pools money to purchase Benchmark Electronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
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
Note, although Benchmark Electronics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Benchmark Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.07 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 Profitablity

Benchmark Electronics' profitability indicators refer to fundamental financial ratios that showcase Benchmark Electronics' ability to generate income relative to its revenue or operating costs. If, let's say, Benchmark Electronics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Benchmark Electronics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Benchmark Electronics' profitability requires more research than a typical breakdown of Benchmark Electronics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.07  0.11 
Return On Assets 0.03  0.05 
Return On Equity 0.06  0.08 

Management Efficiency

Benchmark Electronics has Return on Asset of 0.0328 % which means that on every $100 spent on assets, it made $0.0328 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0611 %, implying that it generated $0.0611 on every 100 dollars invested. Benchmark Electronics' management efficiency ratios could be used to measure how well Benchmark Electronics manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.11. The current year's Return On Assets is expected to grow to 0.05. At present, Benchmark Electronics' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 75.6 M, whereas Total Current Assets are forecasted to decline to about 938.1 M.
Last ReportedProjected for 2024
Price Book Value Ratio 0.91  1.66 
Enterprise Value Multiple 7.32  9.10 
Price Fair Value 0.91  1.66 
The analysis of Benchmark Electronics' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Benchmark Electronics' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Benchmark Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.022
Forward Dividend Yield
0.022
Forward Dividend Rate
0.66
Beta
1.03

Technical Drivers

As of the 29th of March, Benchmark Electronics shows the Risk Adjusted Performance of 0.0418, downside deviation of 1.9, and Mean Deviation of 1.49. Benchmark Electronics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Benchmark Electronics, which can be compared to its rivals. Please confirm Benchmark Electronics maximum drawdown, and the relationship between the information ratio and downside variance to decide if Benchmark Electronics is priced correctly, providing market reflects its regular price of 30.01 per share. Given that Benchmark Electronics has jensen alpha of (0.15), we suggest you to validate Benchmark Electronics's prevailing market performance to make sure the company can sustain itself at a future point.

Benchmark Electronics Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Benchmark Electronics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Benchmark Electronics. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Benchmark Electronics Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Benchmark Electronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Benchmark Electronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Benchmark Electronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Benchmark Electronics Predictive Daily Indicators

Benchmark Electronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Benchmark Electronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Benchmark Electronics Corporate Filings

8K
19th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
11th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10K
27th of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
F4
26th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
22nd of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
16th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
9th of February 2024
An amended filing to the original Schedule 13G
ViewVerify

Benchmark Electronics Forecast Models

Benchmark Electronics' time-series forecasting models are one of many Benchmark Electronics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Benchmark Electronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Benchmark Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Benchmark Electronics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Benchmark shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Benchmark Electronics. By using and applying Benchmark Stock analysis, traders can create a robust methodology for identifying Benchmark entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.03  0.05 
Operating Profit Margin 0.04  0.05 
Net Profit Margin 0.02  0.03 
Gross Profit Margin 0.09  0.11 

Current Benchmark Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Benchmark analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Benchmark analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
32.75Strong Buy3Odds
Benchmark Electronics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Benchmark analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Benchmark stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Benchmark Electronics, talking to its executives and customers, or listening to Benchmark conference calls.
Benchmark Analyst Advice Details

Benchmark Stock Analysis Indicators

Benchmark Electronics stock analysis indicators help investors evaluate how Benchmark Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Benchmark Electronics shares will generate the highest return on investment. By understating and applying Benchmark Electronics stock analysis, traders can identify Benchmark Electronics position entry and exit signals to maximize returns.
Begin Period Cash Flow207.4 M
Long Term Debt326.7 M
Common Stock Shares Outstanding36 M
Total Stockholder Equity1.1 B
Tax Provision17.1 M
Quarterly Earnings Growth Y O Y-0.174
Property Plant And Equipment Net358.5 M
Cash And Short Term Investments283.2 M
Cash283.2 M
Accounts Payable367.5 M
Net Debt186.6 M
50 Day M A29.3022
Total Current Liabilities713.5 M
Other Operating Expenses5.3 B
Non Current Assets Total639 M
Non Currrent Assets Other280.5 M
Stock Based Compensation15.3 M
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.