Benchmark Electronics Inc (NYSE: BHE) stock enjoyed a major increase of 10.5% on 11/6/24. The shares closed at $51.41. Moreover, trading volume in this advance was unusually high at 173% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.6% 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). 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 55 but a very high Power Rating of 96, triggering the Highest Value Trend Rating.
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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