Benchmark Electronics Inc (NYSE: BHE) stock closed at $47.87 on 7/31/24 after a major increase of 17.6%. Moreover, unusually high trading volume at 196% of normal accompanied the advance. The stock has risen 13.8% during the last week and has been exceptionally 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 A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Benchmark Electronics has a neutral Appreciation Score of 52 but a very high Power Rating of 90, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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