Benchmark Electronics Inc. (NYSE:BHE)’s share price hit a new 52-week high on Monday . The company traded as high as $24.00 and last traded at $23.88, with a volume of 76,381 shares changing hands. The stock had previously closed at $23.88.

A number of equities analysts have weighed in on BHE shares. B. Riley downgraded shares of Benchmark Electronics from a “buy” rating to a “neutral” rating and decreased their target price for the company from $28.00 to $19.00 in a research note on Friday, April 22nd. Zacks Investment Research downgraded shares of Benchmark Electronics from a “buy” rating to a “sell” rating in a research note on Tuesday, April 26th. TheStreet raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Monday, July 25th. Finally, Needham & Company LLC raised their target price on shares of Benchmark Electronics from $23.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, July 22nd. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $24.00.

The stock has a market capitalization of $1.18 billion and a P/E ratio of 14.51. The firm’s 50 day moving average is $22.28 and its 200 day moving average is $21.42.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Thursday, July 21st. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.32 by $0.01. During the same quarter last year, the firm earned $0.42 EPS. The company had revenue of $579 million for the quarter, compared to the consensus estimate of $582.89 million. The company’s revenue was down 12.8% compared to the same quarter last year. On average, analysts forecast that Benchmark Electronics Inc. will post $1.34 EPS for the current fiscal year.

In other Benchmark Electronics news, CFO Donald Francis Adam sold 40,000 shares of the business’s stock in a transaction dated Friday, July 29th. The shares were sold at an average price of $23.46, for a total value of $938,400.00. Following the completion of the sale, the chief financial officer now directly owns 126,513 shares of the company’s stock, valued at approximately $2,967,994.98. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Jon J. King sold 12,774 shares of the business’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $23.57, for a total transaction of $301,083.18. Following the completion of the sale, the insider now directly owns 40,624 shares of the company’s stock, valued at $957,507.68. The disclosure for this sale can be found here.

A number of large investors recently added to or reduced their stakes in BHE. New York State Common Retirement Fund boosted its stake in Benchmark Electronics by 2.5% in the fourth quarter. New York State Common Retirement Fund now owns 81,749 shares of the company’s stock valued at $1,690,000 after buying an additional 2,000 shares during the period. Rhumbline Advisers boosted its stake in shares of Benchmark Electronics by 4.2% in the fourth quarter. Rhumbline Advisers now owns 87,552 shares of the company’s stock valued at $1,810,000 after buying an additional 3,520 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Benchmark Electronics by 3.8% in the fourth quarter. Principal Financial Group Inc. now owns 345,431 shares of the company’s stock valued at $7,140,000 after buying an additional 12,555 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Benchmark Electronics by 442.1% in the fourth quarter. Bank of Montreal Can now owns 147,962 shares of the company’s stock valued at $3,058,000 after buying an additional 120,669 shares during the last quarter. Finally, Matarin Capital Management LLC acquired a new stake in shares of Benchmark Electronics during the fourth quarter valued at $6,431,000.

Benchmark Electronics, Inc is a provider of integrated electronic manufacturing services. The Company 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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