Benchmark Electronics Inc (NYSE: BHE) stock closed at $35.76 on 5/2/24 after a major increase of 18.1%. Moreover, exceptionally high trading volume at 223% of normal accompanied the advance. The stock has risen 16.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
BHE is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Benchmark Electronics has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Benchmark Electronics has a slightly positive Appreciation Score of 69 and a good Power Rating of 74, producing the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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