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Benchmark Electronics, Inc is an electronic components business based in the US. Benchmark Electronics shares (BHE) are listed on the NYSE and all prices are listed in US Dollars. Benchmark Electronics employs 10,600 staff and has a trailing 12-month revenue of around USD$2.1 billion.
Since the stock market crash in March caused by coronavirus, Benchmark Electronics's share price has had significant negative movement.
Its last market close was USD$24.01, which is 12.79% down on its pre-crash value of USD$27.53 and 70.77% up on the lowest point reached during the March crash when the shares fell as low as USD$14.06.
If you had bought USD$1,000 worth of Benchmark Electronics shares at the start of February 2020, those shares would have been worth USD$584.55 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$794.73.
|Latest market close||USD$24.01|
|52-week range||USD$14.06 - USD$37.36|
|50-day moving average||USD$20.5035|
|200-day moving average||USD$20.6989|
|Wall St. target price||USD$28|
|Dividend yield||USD$0.64 (2.98%)|
|Earnings per share (TTM)||USD$0.014|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-24)||-5.84%|
|1 month (2020-10-30)||15.27%|
|3 months (2020-09-01)||23.57%|
|6 months (2020-06-01)||11.62%|
|1 year (2019-11-29)||-30.35%|
|2 years (2018-11-30)||0.71%|
|3 years (2017-12-01)||-19.97%|
|5 years (2015-12-01)||11.16%|
Valuing Benchmark Electronics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Benchmark Electronics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Benchmark Electronics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 709x. In other words, Benchmark Electronics shares trade at around 709x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Benchmark Electronics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.91. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Benchmark Electronics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Benchmark Electronics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$89.9 million.
The EBITDA is a measure of a Benchmark Electronics's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.1 billion|
|Operating margin TTM||2.07%|
|Gross profit TTM||USD$201.3 million|
|Return on assets TTM||1.5%|
|Return on equity TTM||0.06%|
|Market capitalisation||USD$781.4 million|
TTM: trailing 12 months
There are currently 608,207 Benchmark Electronics shares held short by investors – that's known as Benchmark Electronics's "short interest". This figure is 5.5% up from 576,351 last month.
There are a few different ways that this level of interest in shorting Benchmark Electronics shares can be evaluated.
Benchmark Electronics's "short interest ratio" (SIR) is the quantity of Benchmark Electronics shares currently shorted divided by the average quantity of Benchmark Electronics shares traded daily (recently around 282886.97674419). Benchmark Electronics's SIR currently stands at 2.15. In other words for every 100,000 Benchmark Electronics shares traded daily on the market, roughly 2150 shares are currently held short.
However Benchmark Electronics's short interest can also be evaluated against the total number of Benchmark Electronics shares, or, against the total number of tradable Benchmark Electronics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Benchmark Electronics's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Benchmark Electronics shares in existence, roughly 20 shares are currently held short) or 0.0231% of the tradable shares (for every 100,000 tradable Benchmark Electronics shares, roughly 23 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Benchmark Electronics.
Find out more about how you can short Benchmark Electronics stock.
Dividend payout ratio: 68.48% of net profits
Recently Benchmark Electronics has paid out, on average, around 68.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.98% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Benchmark Electronics shareholders could enjoy a 2.98% return on their shares, in the form of dividend payments. In Benchmark Electronics's case, that would currently equate to about $0.64 per share.
Benchmark Electronics's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Benchmark Electronics's most recent dividend payout was on 14 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 29 September 2020 (the "ex-dividend date").
Benchmark Electronics's shares were split on a 3:2 basis on 4 April 2006. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Benchmark Electronics shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Benchmark Electronics shares which in turn could have impacted Benchmark Electronics's share price.
Over the last 12 months, Benchmark Electronics's shares have ranged in value from as little as $14.06 up to $37.36. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Benchmark Electronics's is 0.9664. This would suggest that Benchmark Electronics's shares are less volatile than average (for this exchange).
Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, life cycle testing services, and environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing services for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, test and instrumentation, telecommunications, and high-end computing industries. Benchmark Electronics, Inc. sells its products primarily through direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.
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