Benchmark Electronics, Inc. (BHE) Analysts See $0.34 EPS

September 17, 2017 - By Michael Collier

 Benchmark Electronics, Inc. (BHE) Analysts See $0.34 EPS
Investors sentiment increased to 1.12 in Q4 2016. Its up 0.02, from 1.1 in 2016Q3. It increased, as 16 investors sold Benchmark Electronics, Inc. shares while 67 reduced holdings. 28 funds opened positions while 65 raised stakes. 46.62 million shares or 0.14% more from 46.56 million shares in 2016Q3 were reported.
Public Employees Retirement Association Of Colorado has invested 0% in Benchmark Electronics, Inc. (NYSE:BHE). Morgan Stanley accumulated 177,139 shares. Alliancebernstein Lp invested 0.01% in Benchmark Electronics, Inc. (NYSE:BHE). Ifrah Financial Svcs Incorporated stated it has 0.12% of its portfolio in Benchmark Electronics, Inc. (NYSE:BHE). Nomura Asset Com Limited has invested 0% of its portfolio in Benchmark Electronics, Inc. (NYSE:BHE). Legal General Grp Public Limited owns 137,372 shares. Prudential Finance accumulated 0.03% or 511,792 shares. Royal National Bank Of Canada holds 0% or 30,625 shares. Oxford Asset Mngmt holds 0.15% or 96,655 shares. Wellington Grp Llp reported 0% stake. 809 were reported by Smith Asset Management Gru Lp. Adirondack Mgmt holds 49,710 shares. Hsbc Hldgs Public Ltd Company invested in 0% or 16,138 shares. 110,260 were accumulated by Citigroup. Barclays Public Ltd Co has invested 0% in Benchmark Electronics, Inc. (NYSE:BHE).

Wall Street await Benchmark Electronics, Inc. (NYSE:BHE) to release earnings on October, 18 after the close. Analysts forecast EPS of $0.34, down exactly $0.02 or 5.56 % from 2014’s $0.36 EPS. The expected BHE’s profit could reach $17.00 million giving the stock 23.97 P/E in the case that $0.34 earnings per share is reported. After posting $0.38 EPS for the previous quarter, Benchmark Electronics, Inc.’s analysts now forecast -10.53 % negative EPS growth. The stock increased 0.62% or $0.2 on September 15, reaching $32.6. About 419,222 shares traded or 102.70% up from the average. Benchmark Electronics, Inc. (NYSE:BHE) has risen 60.40% since September 17, 2016 and is uptrending. It has outperformed by 43.70% the S&P500.

Benchmark Electronics, Inc. (NYSE:BHE) Ratings Coverage

Among 5 analysts covering Benchmark Electronics (NYSE:BHE), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Benchmark Electronics had 15 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Needham on Thursday, February 9 with “Buy”. The firm has “Buy” rating given on Friday, July 22 by Needham. Needham maintained it with “Buy” rating and $37 target in Tuesday, July 18 report. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, August 31 report. Cross Research downgraded Benchmark Electronics, Inc. (NYSE:BHE) on Friday, October 21 to “Sell” rating. Raymond James upgraded the shares of BHE in report on Friday, July 24 to “Outperform” rating. The stock of Benchmark Electronics, Inc. (NYSE:BHE) earned “Buy” rating by Needham on Friday, October 21. The stock of Benchmark Electronics, Inc. (NYSE:BHE) has “Buy” rating given on Wednesday, August 30 by Needham. The firm has “Sector Perform” rating given on Friday, October 23 by RBC Capital Markets. On Friday, May 27 the stock rating was initiated by Berenberg with “Buy”.

Benchmark Electronics, Inc. is a provider of electronic manufacturing services. The company has market cap of $1.63 billion. The Firm operates through three divisions: the Americas, Asia and Europe. It has a 24.16 P/E ratio. It provides services to original equipment manufacturers of industrial control equipment, including equipment for the aerospace and defense industry; telecommunication equipment; computers and related products for business enterprises; medical devices, and testing and instrumentation products.

More important recent Benchmark Electronics, Inc. (NYSE:BHE) news were published by: Prnewswire.com which released: “Benchmark Electronics to Report Fourth Quarter and FY 2016 Results” on January 19, 2017, also Prnewswire.com published article titled: “Benchmark Electronics Reports Second Quarter 2017 Results”, Bizjournals.com published: “Benchmark Electronics moving corporate HQ to Arizona, creating 500 jobs” on April 18, 2017. More interesting news about Benchmark Electronics, Inc. (NYSE:BHE) was released by: Seekingalpha.com and their article: “Benchmark Electronics’ (BHE) CEO Paul Tufano on Q1 2017 Results – Earnings …” with publication date: April 20, 2017.

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