Is Benchmark Electronics Stock a Good Investment?
Benchmark Electronics Investment Advice | BHE |
- Examine Benchmark Electronics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Benchmark Electronics' leadership team and their track record. Good management can help Benchmark Electronics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Benchmark Electronics' business and its evolving consumer preferences.
- Compare Benchmark Electronics' performance and market position to its competitors. Analyze how Benchmark Electronics is positioned in terms of product offerings, innovation, and market share.
- Check if Benchmark Electronics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Benchmark Electronics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Benchmark Electronics stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Benchmark Electronics is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Benchmark Electronics Stock
Researching Benchmark Electronics' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.57. Some equities with similar Price to Book (P/B) outperform the market in the long run. Benchmark Electronics has Price/Earnings To Growth (PEG) ratio of 1.91. The entity last dividend was issued on the 30th of September 2024. The firm had 3:2 split on the 4th of April 2006.
To determine if Benchmark Electronics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Benchmark Electronics' research are outlined below:
| Benchmark Electronics is unlikely to experience financial distress in the next 2 years | |
| Benchmark Electronics has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 11th of October 2024 Benchmark Electronics paid $ 0.17 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: HSBC Bank Plc - Form 8.5 - TT Electronics PLC |
Benchmark Electronics Quarterly Cost Of Revenue |
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Benchmark Electronics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Benchmark Electronics. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Benchmark Electronics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Benchmark Electronics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Benchmark Electronics' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2000-04-24 | 2000-03-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2020-07-29 | 2020-06-30 | 0.09 | 0.07 | -0.02 | 22 | ||
2013-04-25 | 2013-03-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2002-07-18 | 2002-06-30 | 0.13 | 0.15 | 0.02 | 15 | ||
2002-04-17 | 2002-03-31 | 0.1 | 0.12 | 0.02 | 20 | ||
2002-02-05 | 2001-12-31 | 0.05 | 0.03 | -0.02 | 40 | ||
2001-04-19 | 2001-03-31 | 0.15 | 0.13 | -0.02 | 13 | ||
2010-02-04 | 2009-12-31 | 0.26 | 0.29 | 0.03 | 11 |
Know Benchmark Electronics' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Benchmark Electronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Benchmark Electronics backward and forwards among themselves. Benchmark Electronics' institutional investor refers to the entity that pools money to purchase Benchmark Electronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wasatch Advisors Lp | 2024-09-30 | 820.5 K | Tributary Capital Management, Llc | 2024-06-30 | 646.1 K | Aristotle Capital Boston, Llc | 2024-06-30 | 629 K | Jpmorgan Chase & Co | 2024-06-30 | 566.9 K | Bank Of New York Mellon Corp | 2024-06-30 | 481.1 K | Millennium Management Llc | 2024-06-30 | 446.2 K | Northern Trust Corp | 2024-09-30 | 387.2 K | Wellington Management Company Llp | 2024-06-30 | 318.3 K | Bridgeway Capital Management, Llc | 2024-09-30 | 307 K | Blackrock Inc | 2024-06-30 | 6.4 M | Vanguard Group Inc | 2024-09-30 | 5 M |
Benchmark Electronics' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.73 B.Market Cap |
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Benchmark Electronics' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.06 | |
| Return On Capital Employed | 0.07 | 0.11 | |
| Return On Assets | 0.03 | 0.05 | |
| Return On Equity | 0.06 | 0.08 |
Determining Benchmark Electronics' profitability involves analyzing its financial statements and using various financial metrics to determine if Benchmark Electronics is a good buy. For example, gross profit margin measures Benchmark Electronics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Benchmark Electronics' profitability and make more informed investment decisions.
Benchmark Electronics' Earnings Breakdown by Geography
Please note, the presentation of Benchmark Electronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Benchmark Electronics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Benchmark Electronics' management manipulating its earnings.
Evaluate Benchmark Electronics' management efficiency
Benchmark Electronics has Return on Asset of 0.0337 % which means that on every $100 spent on assets, it made $0.0337 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0577 %, implying that it generated $0.0577 on every 100 dollars invested. Benchmark Electronics' management efficiency ratios could be used to measure how well Benchmark Electronics manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.06. The current year's Return On Capital Employed is expected to grow to 0.11. At present, Benchmark Electronics' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 69.9 M, whereas Total Current Assets are forecasted to decline to about 938.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.34 | 31.86 | |
| Tangible Book Value Per Share | 24.94 | 26.19 | |
| Enterprise Value Over EBITDA | 7.34 | 9.09 | |
| Price Book Value Ratio | 0.91 | 1.66 | |
| Enterprise Value Multiple | 7.34 | 9.09 | |
| Price Fair Value | 0.91 | 1.66 | |
| Enterprise Value | 751.7 M | 789.3 M |
Examining the leadership quality of Benchmark Electronics offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Dividend Yield 0.0141 | Forward Dividend Yield 0.0141 | Forward Dividend Rate 0.68 | Beta 0.982 |
Basic technical analysis of Benchmark Stock
As of the 25th of November, Benchmark Electronics shows the Downside Deviation of 2.01, mean deviation of 1.66, and Risk Adjusted Performance of 0.0924. Benchmark Electronics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Benchmark Electronics maximum drawdown, and the relationship between the information ratio and downside variance to decide if Benchmark Electronics is priced correctly, providing market reflects its regular price of 48.17 per share. Given that Benchmark Electronics has jensen alpha of (0.02), we suggest you to validate Benchmark Electronics's prevailing market performance to make sure the company can sustain itself at a future point.Benchmark Electronics' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Benchmark Electronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Benchmark Electronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Benchmark Electronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Benchmark Electronics' Outstanding Corporate Bonds
Benchmark Electronics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Benchmark Electronics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Benchmark bonds can be classified according to their maturity, which is the date when Benchmark Electronics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Benchmark Electronics' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Benchmark Electronics' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0924 | |||
| Market Risk Adjusted Performance | 0.1203 | |||
| Mean Deviation | 1.66 | |||
| Semi Deviation | 1.78 | |||
| Downside Deviation | 2.01 | |||
| Coefficient Of Variation | 895.42 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.57 | |||
| Information Ratio | 0.0563 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0662 | |||
| Treynor Ratio | 0.1103 | |||
| Maximum Drawdown | 13.28 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 4.03 | |||
| Semi Variance | 3.17 | |||
| Expected Short fall | (1.86) | |||
| Skewness | 1.17 | |||
| Kurtosis | 4.71 |
| Risk Adjusted Performance | 0.0924 | |||
| Market Risk Adjusted Performance | 0.1203 | |||
| Mean Deviation | 1.66 | |||
| Semi Deviation | 1.78 | |||
| Downside Deviation | 2.01 | |||
| Coefficient Of Variation | 895.42 | |||
| Standard Deviation | 2.36 | |||
| Variance | 5.57 | |||
| Information Ratio | 0.0563 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0662 | |||
| Treynor Ratio | 0.1103 | |||
| Maximum Drawdown | 13.28 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 4.03 | |||
| Semi Variance | 3.17 | |||
| Expected Short fall | (1.86) | |||
| Skewness | 1.17 | |||
| Kurtosis | 4.71 |
Consider Benchmark Electronics' intraday indicators
Benchmark Electronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Benchmark Electronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Benchmark Electronics Corporate Filings
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 31st of October 2024 Other Reports | ViewVerify | |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Benchmark Stock media impact
Far too much social signal, news, headlines, and media speculation about Benchmark Electronics that are available to investors today. That information is available publicly through Benchmark media outlets and privately through word of mouth or via Benchmark internal channels. However, regardless of the origin, that massive amount of Benchmark data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Benchmark Electronics news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Benchmark Electronics relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Benchmark Electronics' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Benchmark Electronics alpha.
Benchmark Electronics Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Benchmark Electronics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Benchmark Electronics Corporate Directors
| Jeffrey McCreary | Independent Director | Profile | |
| Bruce Carlson | Independent Director | Profile | |
| Kenneth Lamneck | Independent Director | Profile | |
| Douglas Duncan | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Benchmark Electronics. If investors know Benchmark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Benchmark Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 0.665 | Earnings Share 1.72 | Revenue Per Share 74.962 | Quarterly Revenue Growth (0.09) |
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Benchmark Electronics' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.