Benchmark Electronics (BHE) Scheduled to Post Quarterly Earnings on Wednesday

Benchmark Electronics (NYSE:BHE) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Benchmark Electronics has set its Q1 guidance at $0.42-0.48 EPS and its Q1 2024 guidance at 0.420-0.480 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Benchmark Electronics (NYSE:BHE) last issued its earnings results on Wednesday, January 31st. The technology company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. Benchmark Electronics had a return on equity of 6.95% and a net margin of 2.27%. The company had revenue of $691.35 million for the quarter.

Benchmark Electronics Stock Performance

Shares of BHE traded up $0.37 during mid-day trading on Friday, hitting $30.67. The company’s stock had a trading volume of 22,261 shares, compared to its average volume of 283,866. The firm has a market capitalization of $1.11 billion, a PE ratio of 16.97 and a beta of 1.02. The stock’s 50-day moving average is $29.94 and its two-hundred day moving average is $27.51. Benchmark Electronics has a one year low of $20.58 and a one year high of $31.75. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.33 and a current ratio of 2.29.

Benchmark Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Wednesday, March 27th. Benchmark Electronics’s payout ratio is presently 36.67%.

Analyst Ratings Changes

BHE has been the subject of a number of research analyst reports. Needham & Company LLC lifted their target price on Benchmark Electronics from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. StockNews.com cut Benchmark Electronics from a “buy” rating to a “hold” rating in a report on Friday, February 9th.

About Benchmark Electronics

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.