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

Benchmark Electronics (NYSE:BHE) posted its quarterly earnings results on Wednesday. The technology company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01), Zacks reports. Benchmark Electronics had a return on equity of 6.81% and a net margin of 2.32%. Benchmark Electronics updated its Q1 2025 guidance to 0.480-0.540 EPS.

Benchmark Electronics Stock Down 0.3 %

Shares of BHE traded down $0.15 during mid-day trading on Wednesday, hitting $43.75. 294,013 shares of the company’s stock were exchanged, compared to its average volume of 213,451. Benchmark Electronics has a 52 week low of $26.93 and a 52 week high of $52.57. The company has a market cap of $1.58 billion, a PE ratio of 25.44 and a beta of 1.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.36 and a quick ratio of 1.45. The company has a 50-day simple moving average of $47.12 and a 200 day simple moving average of $44.75.

Benchmark Electronics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were issued a dividend of $0.17 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.55%. Benchmark Electronics’s payout ratio is presently 39.53%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BHE shares. StockNews.com raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Needham & Company LLC reissued a “buy” rating and issued a $48.00 target price on shares of Benchmark Electronics in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.33.

Insiders Place Their Bets

In other Benchmark Electronics news, SVP Rhonda R. Turner sold 6,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $46.98, for a total value of $281,880.00. Following the transaction, the senior vice president now directly owns 47,991 shares of the company’s stock, valued at $2,254,617.18. This represents a 11.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jeff Benck sold 24,000 shares of the company’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 transaction, the chief executive officer now owns 424,173 shares in the company, valued at $19,469,540.70. This trade represents a 5.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 36,000 shares of company stock valued at $1,655,340. 2.10% of the stock is currently owned by corporate insiders.

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.