Benchmark Electronics Inc [BHE] stock prices are down -1.94% to $38.5 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BHE shares have lost -0.18% over the last week, with a monthly amount drifted -0.70%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Benchmark Electronics Inc [BHE] has been fluctuating between $30.73 and $52.57 over the past year. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. Benchmark Electronics Inc [NYSE: BHE] shares were valued at $38.5 at the most recent close of the market. An investor can expect a potential drop of -11.69% based on the average BHE price forecast.
Analyzing the BHE fundamentals
The Benchmark Electronics Inc [NYSE:BHE] reported sales of 2.59B for trailing twelve months, representing a drop of -3.54%. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 35.77 points at the first support level, and at 33.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.90, and for the 2nd resistance point, it is at 41.30.
Ratios To Look Out For
It’s worth pointing out that Benchmark Electronics Inc [NYSE:BHE]’s Current Ratio is 2.36. On the other hand, the Quick Ratio is 1.46, and the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 36.72.
Transactions by insiders
Recent insider trading involved Benck Jeff, President and CEO, that happened on Mar 12 ’25 when 6000.0 shares were sold. Officer, JEFFREY BENCK completed a deal on Mar 12 ’25 to buy 6000.0 shares. Meanwhile, President and CEO Benck Jeff sold 6000.0 shares on Jan 13 ’25.
