Somewhat Favorable News Coverage Somewhat Unlikely to Impact Benchmark Electronics (BHE) Stock Price

Media stories about Benchmark Electronics (NYSE:BHE) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Benchmark Electronics earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.6184081094996 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

A number of analysts recently weighed in on BHE shares. TheStreet cut shares of Benchmark Electronics from a “b” rating to a “c+” rating in a research report on Monday, November 13th. Needham & Company LLC lowered shares of Benchmark Electronics from a “buy” rating to a “hold” rating in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Benchmark Electronics presently has a consensus rating of “Hold” and an average price target of $36.67.

Benchmark Electronics (BHE) opened at $30.35 on Wednesday. Benchmark Electronics has a 1-year low of $28.75 and a 1-year high of $35.80. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.60 and a quick ratio of 2.66. The company has a market cap of $1,489.20, a price-to-earnings ratio of 24.28 and a beta of 0.50.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Wednesday, October 18th. The technology company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.05. Benchmark Electronics had a net margin of 2.63% and a return on equity of 5.62%. The firm had revenue of $604.00 million for the quarter, compared to analyst estimates of $584.50 million. During the same quarter in the previous year, the business posted $0.36 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year.

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About Benchmark Electronics

Benchmark Electronics, Inc is a provider of electronic manufacturing services. The Company operates through three segments: the Americas, Asia and Europe. 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.

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