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

Benchmark Electronics (NYSE:BHE) posted its quarterly earnings data on Wednesday. The technology company reported $0.55 earnings per share for the quarter, missing the consensus estimate 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 Price Performance

BHE stock opened at $43.75 on Thursday. The firm has a market cap of $1.58 billion, a P/E ratio of 25.44 and a beta of 1.00. The firm’s fifty day moving average is $47.05 and its 200 day moving average is $44.74. Benchmark Electronics has a 52 week low of $26.93 and a 52 week high of $52.57. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.45 and a current ratio of 2.36.

Benchmark Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were issued a $0.17 dividend. 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 39.53%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BHE shares. Needham & Company LLC increased their price target on shares of Benchmark Electronics from $48.00 to $50.00 and gave the stock a “buy” rating in a 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 analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $43.00.

Insiders Place Their Bets

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

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.