Benchmark Electronics Inc (NYSE: BHE) is 2.91% higher on its value in year-to-date trading and has touched a low of $30.73 and a high of $52.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BHE stock was last observed hovering at around $40.02 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $40.32, the stock is 4.98% and 8.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.75% at the moment leaves the stock -3.69% off its SMA200. BHE registered -11.19% loss for a year compared to 6-month loss of -11.70%. The firm has a 50-day simple moving average (SMA 50) of $37.154 and a 200-day simple moving average (SMA200) of $41.8645.
The stock witnessed a 7.35% gain in the last 1 month and extending the period to 3 months gives it a 5.05%, and is 2.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 2.18% over the month.
Benchmark Electronics Inc (BHE) has around 11700 employees, a market worth around $1.46B and $2.61B in sales. Current P/E ratio is 27.86 and Fwd P/E is 15.29. Profit margin for the company is 2.03%. Distance from 52-week low is 31.21% and -23.30% from its 52-week high. The company has generated returns on investments over the last 12 months (3.58%).
The EPS is expected to grow by 1.20% this year
338.0 institutions hold shares in Benchmark Electronics Inc (BHE), with institutional investors hold 105.70% of the company’s shares. The shares outstanding are 36.10M, and float is at 35.21M with Short Float at 3.42%. Institutions hold 103.39% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.41 million shares valued at $252.91 million. The investor’s holdings represent 17.78 of the BHE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.99 million shares valued at $196.75 million to account for 13.832 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.01 million shares representing 8.3577 and valued at over $118.88 million, while FRANKLIN RESOURCES INC holds 5.2316 of the shares totaling 1.89 million with a market value of $74.41 million.
Benchmark Electronics Inc (BHE) Insider Activity
The most recent transaction is an insider sale by Benck Jeff, the company’s President and CEO. SEC filings show that Benck Jeff sold 6,000 shares of the company’s common stock on Mar 12 ’25 at a price of $38.82 per share for a total of $0.23 million. Following the sale, the insider now owns 0.45 million shares.
Still, SEC filings show that on Jan 13 ’25, Benck Jeff (President and CEO) disposed off 6,000 shares at an average price of $45.31 for $0.27 million. The insider now directly holds 418,173 shares of Benchmark Electronics Inc (BHE).
