Benchmark Electronics Inc (NYSE: BHE) has reported E.P.S. of $0.43 for its third fiscal quarter (ending September 30) versus $0.57 for the same period a year ago — a decline of -25%. E.P.S. were $1.74 for the latest four quarters through September 30 versus $1.92 for the same period a year ago — a decline of -9%.
Recent Price Action
On 10/30/24, Benchmark Electronics Inc (NYSE: BHE) stock rose modestly by 0.4%, closing at $45.42. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.1% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Benchmark Electronics has a neutral Appreciation Score of 56 but a very high Power Rating of 96, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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