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

Benchmark Electronics (NYSE:BHE) issued its 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 Trading Down 0.3 %

BHE traded down $0.15 on Wednesday, reaching $43.75. 294,013 shares of the company traded hands, compared to its average volume of 213,451. The company has a market cap of $1.58 billion, a P/E ratio of 25.44 and a beta of 1.00. The company has a quick ratio of 1.45, a current ratio of 2.36 and a debt-to-equity ratio of 0.25. Benchmark Electronics has a one year low of $26.93 and a one year high of $52.57. The firm has a fifty day simple moving average of $47.12 and a two-hundred day simple moving average of $44.75.

Benchmark Electronics Dividend Announcement

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

Insider Activity

In other Benchmark Electronics news, SVP Rhonda R. Turner sold 6,000 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $46.98, for a total transaction of $281,880.00. Following the sale, the senior vice president now owns 47,991 shares of the company’s stock, valued at approximately $2,254,617.18. This trade represents a 11.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jeff Benck sold 24,000 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $45.90, for a total value of $1,101,600.00. Following the sale, the chief executive officer now owns 424,173 shares of the company’s stock, 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 quarter, insiders sold 36,000 shares of company stock valued at $1,655,340. Corporate insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. StockNews.com raised Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. Needham & Company LLC reiterated a “buy” rating and issued a $48.00 price objective on shares of Benchmark Electronics in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $42.33.

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.