Benchmark Electronics Inc (NYSE:BHE) currently has a daily average trading volume of 425.81K but it saw 875885 shares traded in last market. With a market cap of 1.17B USD, the company’s current market price of $32.53 came falling about -15.00 while comparing to the previous closing price of $38.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $52.57 and as low as $29.52. In the recent trading on the day, stock has struck highest price mark of $32.11 while lowest mark touched by it was $36.51.
Taking a look at 20-day trading activity of Benchmark Electronics Inc (BHE) gives us an average price of $35.63, while its current price level is -38.12% below from 52-week high level whereas it is 10.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $38.06 while that of 200 days or SMA-200 reads an average of $42.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.59% during that period while stretching the period over a month that increases to 5.21%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.45 which implies that the stock is in neutral territory.
Sidoti downgraded its recommendation for the stock as a “Neutral” from “Buy” on April 29, 2024 while assigning a price target of $33. Fox Advisors issued its recommendations for the stock as it initiated the price target for the stock is $35.
Over the week, BHE’s stock price is moving -11.51% down while it is -14.46% when we observe its performance for the past one month. Year-to-date it is -28.35% down and over the past year, the stock is showing an upside performance of 3.73%.
The company is expected to be releasing its next quarterly report on 2025-Apr-28, for which analysts forecasted an EPS of 0.57 while estimate for next year EPS is 2.39. In next quarter, company is expected to be making quarterly sales of $691M as analysts are expecting the sales for current fiscal year at $2.69B and seeing the company making $2.92B in sales next year. Moreover, analysts are in estimates of $660.75M for current-quarter revenue.
Currently, Benchmark Electronics Inc’s total number of outstanding shares is 36.10M with 2.09% of that held by the insiders while 102.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.28% and return on equity (ROE) at 5.78%. It has a price to earnings ratio (P/E ratio) of 18.78 while having a 12.33 of forward P/E ratio. Stock’s beta reads 0.91. Stock has a price to book (P/B) ratio of 1.05 while price to sale or P/S ratio amounts to 0.45. Its return on asset (ROA) is 2.87% on average.
