Benchmark Electronics (NYSE:BHE) Announces Earnings Results, Misses Expectations By $0.01 EPS

Benchmark Electronics (NYSE:BHE) released its quarterly earnings data on Wednesday. The technology company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.01), Zacks reports. Benchmark Electronics had a net margin of 2.38% and a return on equity of 6.71%. Benchmark Electronics updated its Q1 2025 guidance to 0.480-0.540 EPS.

Benchmark Electronics Stock Performance

Shares of NYSE BHE traded up $0.57 during mid-day trading on Friday, hitting $43.08. 12,976 shares of the company were exchanged, compared to its average volume of 223,746. The company has a quick ratio of 1.45, a current ratio of 2.36 and a debt-to-equity ratio of 0.25. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 24.79 and a beta of 1.00. The stock has a 50 day simple moving average of $46.95 and a 200-day simple moving average of $44.73. Benchmark Electronics has a 1-year low of $27.04 and a 1-year high of $52.57.

Benchmark Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Tuesday, December 31st. Benchmark Electronics’s dividend payout ratio (DPR) is presently 39.31%.

Insiders Place Their Bets

In other Benchmark Electronics news, SVP Rhonda R. Turner sold 6,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $46.98, for a total transaction of $281,880.00. Following the sale, the senior vice president now directly owns 47,991 shares in the company, valued at approximately $2,254,617.18. The trade was a 11.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeff Benck sold 24,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $45.90, for a total transaction of $1,101,600.00. Following the completion of the sale, the chief executive officer now owns 424,173 shares of the company’s stock, valued at $19,469,540.70. This trade represents a 5.36 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 36,000 shares of company stock worth $1,655,340. 2.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on BHE. Needham & Company LLC lifted their price target on Benchmark Electronics from $48.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday. StockNews.com upgraded shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $43.00.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.