For its second fiscal quarter (ending June 30), Benchmark Electronics Inc (NYSE: BHE) has reported E.P.S. of $0.43 compared to $0.39 a year ago. E.P.S. were $1.88 for the latest four quarters through June 30 versus $1.88 for the same period a year ago.
Recent Price Action
Benchmark Electronics Inc (NYSE: BHE) stock declined by -3.8% on 7/30/24. The shares closed at $40.69. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.3% 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 57 but a very high Power Rating of 90, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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