Benchmark Electronics (NYSE:BHE) Stock Crosses Above 200 Day Moving Average – Here’s Why

Benchmark Electronics, Inc. (NYSE:BHE) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $41.23 and traded as high as $44.33. Benchmark Electronics shares last traded at $43.6840, with a volume of 174,245 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently commented on BHE shares. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Finally, Lake Street Capital reissued a “buy” rating and set a $51.00 price objective on shares of Benchmark Electronics in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.00.

Benchmark Electronics Price Performance

The stock has a 50-day moving average price of $44.72 and a two-hundred day moving average price of $41.24. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 41.95 and a beta of 1.05. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.19.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.05. The business had revenue of $680.68 million during the quarter, compared to the consensus estimate of $661.67 million. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The company’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company earned $0.57 earnings per share. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Wednesday, December 31st. Benchmark Electronics’s payout ratio is presently 66.67%.

Insider Transactions at Benchmark Electronics

In related news, CEO Jeff Benck sold 10,000 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $47.55, for a total value of $475,500.00. Following the transaction, the chief executive officer directly owned 438,180 shares of the company’s stock, valued at $20,835,459. This represents a 2.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Stephen J. Beaver sold 8,750 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $46.92, for a total value of $410,550.00. Following the sale, the senior vice president owned 86,995 shares in the company, valued at approximately $4,081,805.40. The trade was a 9.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 48,967 shares of company stock valued at $2,275,882 in the last quarter. Insiders own 2.20% of the company’s stock.

Institutional Trading of Benchmark Electronics

Several institutional investors and hedge funds have recently bought and sold shares of the business. First Trust Advisors LP increased its stake in shares of Benchmark Electronics by 39.0% in the second quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock worth $69,531,000 after acquiring an additional 502,717 shares during the period. Tributary Capital Management LLC grew its position in Benchmark Electronics by 92.5% during the 3rd quarter. Tributary Capital Management LLC now owns 879,486 shares of the technology company’s stock worth $33,904,000 after purchasing an additional 422,608 shares during the period. Franklin Resources Inc. raised its stake in shares of Benchmark Electronics by 14.4% during the 3rd quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock valued at $103,634,000 after buying an additional 338,081 shares during the last quarter. Kennedy Capital Management LLC lifted its holdings in shares of Benchmark Electronics by 141.8% in the 3rd quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company’s stock valued at $14,019,000 after buying an additional 213,276 shares during the period. Finally, CSM Advisors LLC acquired a new stake in Benchmark Electronics during the second quarter worth about $5,460,000. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.