EPS for Benchmark Electronics, Inc. (BHE) Expected At $0.34

September 17, 2017 - By Vivian Park

 EPS for Benchmark Electronics, Inc. (BHE) Expected At $0.34
Investors sentiment increased to 1.12 in 2016 Q4. 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.
Suntrust Banks invested 0% of its portfolio in Benchmark Electronics, Inc. (NYSE:BHE). Great Lakes Limited Liability holds 0.07% or 82,303 shares in its portfolio. Barclays Pcl invested in 56,320 shares or 0% of the stock. Moreover, Proshare Advsr Ltd Liability Com has 0% invested in Benchmark Electronics, Inc. (NYSE:BHE). Prudential Fincl reported 0.03% stake. American Intll invested 0% in Benchmark Electronics, Inc. (NYSE:BHE). Deutsche Commercial Bank Ag invested in 0% or 103,648 shares. Malaga Cove Capital Limited Liability Corporation has 22,544 shares. Capstone Advsrs owns 6,831 shares for 0.01% of their portfolio. Bridgeway Capital owns 353,100 shares. Parametric Port Associate Limited Company stated it has 257,931 shares. Employees Retirement Association Of Colorado owns 12,029 shares. New York State Common Retirement Fund accumulated 87,172 shares or 0% of the stock. Raymond James & Associates accumulated 37,783 shares. Mackenzie Fincl Corp accumulated 119,906 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 firm has “Buy” rating by Needham given on Friday, October 23. On Friday, October 21 the stock rating was maintained by Needham with “Buy”. Cross Research downgraded the shares of BHE in report on Friday, October 21 to “Sell” rating. Berenberg initiated the shares of BHE in report on Friday, May 27 with “Buy” rating. RBC Capital Markets maintained it with “Hold” rating and $37.0 target in Thursday, August 31 report. The stock of Benchmark Electronics, Inc. (NYSE:BHE) earned “Outperform” rating by Raymond James on Friday, July 24. RBC Capital Markets maintained Benchmark Electronics, Inc. (NYSE:BHE) rating on Friday, October 23. RBC Capital Markets has “Sector Perform” rating and $20 target. The stock has “Buy” rating by Needham on Tuesday, July 18. Needham maintained Benchmark Electronics, Inc. (NYSE:BHE) rating on Friday, July 22. Needham has “Buy” rating and $26 target. The rating was maintained by Needham on Thursday, February 9 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 to Report Fourth Quarter and FY 2016 Results” on January 19, 2017. More interesting news about Benchmark Electronics, Inc. (NYSE:BHE) was released by: Prnewswire.com and their article: “Benchmark Electronics Reports Second Quarter 2017 Results” with publication date: July 19, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.