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

September 17, 2017 - By Kurt Siggers

 Analysts See $0.34 EPS for Benchmark Electronics, Inc. (BHE)
Investors sentiment increased to 1.12 in Q4 2016. Its up 0.02, from 1.1 in 2016Q3. It is positive, 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.
Blackrock owns 0% invested in Benchmark Electronics, Inc. (NYSE:BHE) for 13,903 shares. 10,180 were accumulated by C M Bidwell And Assoc Ltd. The Wisconsin-based Mason Street Ltd Llc has invested 0.01% in Benchmark Electronics, Inc. (NYSE:BHE). 4.18M were reported by Dimensional Fund Advsrs Lp. Commercial Bank Of America De accumulated 38,274 shares. Prudential Plc holds 0.07% or 638,400 shares. Manufacturers Life Insurance The invested in 0% or 32,765 shares. Moreover, Geode Capital Management Lc has 0.01% invested in Benchmark Electronics, Inc. (NYSE:BHE). Arizona State Retirement stated it has 0.01% of its portfolio in Benchmark Electronics, Inc. (NYSE:BHE). Cubist Systematic Strategies Ltd invested in 0.03% or 13,039 shares. Price T Rowe Assoc Incorporated Md stated it has 23,415 shares. Old Mutual Customised Solutions (Proprietary) holds 0.01% or 1,700 shares in its portfolio. Moreover, Macquarie Group Incorporated Ltd has 0% invested in Benchmark Electronics, Inc. (NYSE:BHE). Matarin Mngmt Limited Liability Corp owns 344,282 shares for 0% of their portfolio. Parkside Bancorporation invested in 26 shares.

Analysts await Benchmark Electronics, Inc. (NYSE:BHE) to report earnings on October, 18 after the close. They expect $0.34 earnings per share, down 5.56 % or $0.02 from last year’s $0.36 per share. BHE’s profit will be $17.00 million for 23.97 P/E if the $0.34 EPS becomes a reality. After $0.38 actual earnings per share reported by Benchmark Electronics, Inc. for the previous quarter, Wall Street now forecasts -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 RBC Capital Markets on Friday, October 23 with “Sector Perform”. Needham maintained it with “Buy” rating and $28 target in Friday, October 21 report. The stock has “Buy” rating by Berenberg on Friday, May 27. On Wednesday, August 30 the stock rating was maintained by Needham with “Buy”. Raymond James upgraded the shares of BHE in report on Friday, July 24 to “Outperform” rating. The rating was maintained by Needham on Thursday, February 9 with “Buy”. The stock of Benchmark Electronics, Inc. (NYSE:BHE) has “Sell” rating given on Friday, October 21 by Cross Research. Needham maintained the shares of BHE in report on Tuesday, July 18 with “Buy” rating. The firm has “Hold” rating by RBC Capital Markets given on Thursday, August 31. On Friday, July 22 the stock rating was maintained by Needham 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: Seekingalpha.com which released: “Benchmark Electronics’ (BHE) CEO Paul Tufano on Q1 2017 Results – Earnings …” on April 20, 2017, also Bizjournals.com published article titled: “Benchmark Electronics moving corporate HQ to Arizona, creating 500 jobs”, Prnewswire.com published: “Benchmark Electronics Reports Second Quarter 2017 Results” on July 19, 2017. More interesting news about Benchmark Electronics, Inc. (NYSE:BHE) was released by: Prnewswire.com and their article: “Benchmark Electronics to Report Fourth Quarter and FY 2016 Results” with publication date: January 19, 2017.

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