A share price of Benchmark Electronics Inc. [BHE] is currently trading at $47.87, up 17.65%. An important factor to consider is whether the stock is rising or falling in short-term value. The BHE shares have gain 15.99% over the last week, with a monthly amount glided 22.18%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Benchmark Electronics Inc. [NYSE: BHE] stock has seen the most recent analyst activity on May 15, 2024, when Fox Advisors downgraded its rating to a Equal Weight. Previously, Sidoti downgraded its rating to Neutral on April 29, 2024, and kept the price target unchanged to $33. On August 24, 2022, Fox Advisors initiated with a Overweight rating and assigned a price target of $35 on the stock. Sidoti upgraded its rating to a Buy and increased its price target to $35 on July 29, 2021. Needham upgraded its rating to a Buy but $35 remained the price target by the analyst firm on March 30, 2021. Sidoti upgraded its rating to Buy for this stock on May 13, 2020. In a note dated April 30, 2020, Sidoti downgraded an Neutral rating on this stock.
Benchmark Electronics Inc. experienced fluctuations in its stock price throughout the past year between $22.66 and $44.85. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. Benchmark Electronics Inc. [NYSE: BHE] shares were valued at $47.87 at the most recent close of the market. An investor can expect a potential drop of -28.97% based on the average BHE price forecast.
Analyzing the BHE fundamentals
Trailing Twelve Months sales for Benchmark Electronics Inc. [NYSE:BHE] were 2.75B which represents -9.18% decline. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.33 points at the first support level, and at 38.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.50, and for the 2nd resistance point, it is at 53.12.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Benchmark Electronics Inc. [NYSE:BHE] is 2.35. On the other hand, the Quick Ratio is 1.42, and the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 25.57.
Transactions by insiders
Recent insider trading involved McCreary Jeffrey Stephen, Director, that happened on May 08 ’24 when 10000.0 shares were sold. SVP, Chief Technology Officer, JANICK JAN M completed a deal on May 07 ’24 to sell 6777.0 shares. Meanwhile, Interim CFO Kamal Arvind sold 783.0 shares on May 07 ’24.
