Benchmark Electronics Inc. (BHE): Investor showing Interest in it

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Benchmark Electronics Inc. (NYSE:BHE) changes shares on Tuesday trading session, with a change of 2.59% or $0.55 shares. The trading starts at $22.06 and closed at $21.24 throughout the day. The trading session low price was $21.28 and day high was $22.24 on Tuesday, June 16. After the session, the Technology sector daily volume shifted to 0.11 million while its average volume is 273.25K. In other hand, the BHE market cap reached to $785.31M. While, its current target price is $21.79 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.98% and up 14.62% for month. Its quarterly performance was 14.62% above, while its half year performance is down -37.71%. BHE yearly performance stood at negative -7.04% and fall -36.58% for year-to-date. Current recommendation for Benchmark Electronics Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. BHE EPS (TTM) for 12-month is 0.35. EPS for this year is 52.70%, while for the next year its value is 1.27. Sales growth for the current quarter is 4.96 while its EPS Q/Q reached -69.20%. It has an EPS of -16.60% down for past five years and for the next five years will be up 12.52%.

Let’s take a look on the analyst recommendations on BHE for the current month and previous month. For the current month, 2 of 3 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 3 analysts participate in stock recommendation. Out of 3, 0 rated it sell, 1 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $28.00-$28.00. Average target price for BHE was reached at $28.00.

Blackrock Inc., Vanguard Group, Inc. (The) and Dimensional Fund Advisors LP are the top three holders in Benchmark Electronics Inc. (BHE) stock. On Mar 30, 2020, Blackrock Inc. has 5.62 million shares which valued 112.43 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 4.12 million shares which valued at 82.44 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 3.12 million shares which valued at 62.41 million. In the end, Dimensional Fund Advisors LP have 8.57% shares outstanding of Benchmark Electronics Inc. (BHE) on Mar 30, 2020. The insider ownership moved to 2.10%.

The company posted an EPS (TTM) of 0.35. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of 0.09, while 0.36 EPS posted a year ago period. Analyst Estimated EPS for BHE published in the report was 0.04-0.16 during the same period. Comparing with last year, the average estimated EPS was 0.36 which is higher than 0.22 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for BHE fall -21.85% for period of 200 days. SMA for 50 days was 3.64% which is showing green signal, while SMA-20 was -0.14%. The moving average value for Benchmark Electronics Inc. (BHE) is 26.44 and 21.15 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in BHE stock. On May 22, McCreary Jeffrey Stephen, Director, bought 7,500 trading shares at the cost of $20.19, which valued at 0.15 million. On Sep 11, WEEKS LISA K, Vice President, sold 3,518 shares at the cost of $28.31, with total shares of 23,822. On Jul 30, Gifford Robert K, Director, sold 3,054 shares at the cost of 26.75. After this transaction, Gifford Robert K total shares reached to 19,143 which valued at 81695.0.