Benchmark Electronics Stock Buy Hold or Sell Recommendation

BHE Stock  USD 39.30  1.09  2.85%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Benchmark Electronics is 'Strong Hold'. Macroaxis provides Benchmark Electronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BHE positions.
  
Check out Benchmark Electronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
Note, we conduct extensive research on individual companies such as Benchmark and provide practical buy, sell, or hold advice based on investors' constraints. 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.

Execute Benchmark Electronics Buy or Sell Advice

The Benchmark recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Benchmark Electronics. Macroaxis does not own or have any residual interests in Benchmark Electronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Benchmark Electronics' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Benchmark ElectronicsBuy Benchmark Electronics
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Benchmark Electronics has a Risk Adjusted Performance of (0.12), Jensen Alpha of (0.20), Total Risk Alpha of (0.04) and Treynor Ratio of (0.38)
Benchmark Electronics advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Benchmark Electronics is not overpriced, please confirm all Benchmark Electronics fundamentals, including its ebitda, current ratio, and the relationship between the price to sales and cash per share . Given that Benchmark Electronics has a price to earning of 16.92 X, we suggest you to validate Benchmark Electronics market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Benchmark Electronics Trading Alerts and Improvement Suggestions

Benchmark Electronics generated a negative expected return over the last 90 days
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 97.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: Unitech Electronics Full Year 2024 Earnings EPS NT1.25

Benchmark Electronics Returns Distribution Density

The distribution of Benchmark Electronics' historical returns is an attempt to chart the uncertainty of Benchmark Electronics' future price movements. The chart of the probability distribution of Benchmark Electronics daily returns describes the distribution of returns around its average expected value. We use Benchmark Electronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Benchmark Electronics returns is essential to provide solid investment advice for Benchmark Electronics.
Mean Return
-0.27
Value At Risk
-3.52
Potential Upside
2.50
Standard Deviation
1.90
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Benchmark Electronics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Benchmark Stock Institutional Investors

Shares
Goldman Sachs Group Inc2024-12-31
670.1 K
Tributary Capital Management, Llc2024-12-31
575.4 K
Wasatch Advisors Lp2024-12-31
522.1 K
Morgan Stanley - Brokerage Accounts2024-12-31
483.2 K
Wellington Management Company Llp2024-12-31
436.2 K
Northern Trust Corp2024-12-31
418.2 K
Boston Partners Global Investors, Inc2024-12-31
416.8 K
Aristotle Capital Boston, Llc2024-12-31
355.3 K
Bank Of New York Mellon Corp2024-12-31
351.5 K
Blackrock Inc2024-12-31
6.6 M
Vanguard Group Inc2024-12-31
M
Note, although Benchmark Electronics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Benchmark Electronics Cash Flow Accounts

202020212022202320242025 (projected)
Change To Inventory(10.8M)(197.9M)(206.2M)45.1M40.6M42.6M
Change In Cash32.0M(124.2M)(64.3M)75.8M44.8M47.1M
Free Cash Flow80.9M(44.8M)(224.2M)96.6M156.0M163.8M
Depreciation48.8M44.2M44.3M45.4M46.1M35.3M
Other Non Cash Items7.3M6.9M7.2M2.3M671K637.5K
Capital Expenditures39.5M42.2M46.8M77.7M33.3M33.3M
Net Income14.1M35.8M68.2M64.3M63.3M38.0M
End Period Cash Flow396.0M271.7M207.4M283.2M328.0M256.9M
Change To Netincome17.3M12.0M15.3M11.0M12.7M12.9M
Dividends Paid23.0M23.3M23.2M23.5M23.9M15.4M
Investments(34.4M)(41.9M)(41.2M)(79.4M)(32.8M)(31.1M)
Change Receivables136.0M14.3M(47.1M)(136.0M)(122.4M)(116.3M)
Net Borrowings(6.8M)(7.5M)(7.6M)194.4M223.6M234.8M

Benchmark Electronics Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Benchmark Electronics or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Benchmark Electronics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Benchmark stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.2
β
Beta against Dow Jones0.73
σ
Overall volatility
1.95
Ir
Information ratio -0.09

Benchmark Electronics Volatility Alert

Benchmark Electronics exhibits very low volatility with skewness of -1.13 and kurtosis of 2.76. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Benchmark Electronics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Benchmark Electronics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Benchmark Electronics Fundamentals Vs Peers

Comparing Benchmark Electronics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Benchmark Electronics' direct or indirect competition across all of the common fundamentals between Benchmark Electronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Benchmark Electronics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Benchmark Electronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Benchmark Electronics by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Benchmark Electronics to competition
FundamentalsBenchmark ElectronicsPeer Average
Return On Equity0.0578-0.31
Return On Asset0.0328-0.14
Profit Margin0.02 %(1.27) %
Operating Margin0.04 %(5.51) %
Current Valuation1.43 B16.62 B
Shares Outstanding36.02 M571.82 M
Shares Owned By Insiders2.53 %10.09 %
Shares Owned By Institutions97.47 %39.21 %
Number Of Shares Shorted1.47 M4.71 M
Price To Earning16.92 X28.72 X
Price To Book1.24 X9.51 X
Price To Sales0.53 X11.42 X
Revenue2.66 B9.43 B
Gross Profit270.02 M27.38 B
EBITDA109.41 M3.9 B
Net Income63.33 M570.98 M
Cash And Equivalents207.43 M2.7 B
Cash Per Share7.06 X5.01 X
Total Debt115.73 M5.32 B
Debt To Equity0.40 %48.70 %
Current Ratio2.01 X2.16 X
Book Value Per Share30.93 X1.93 K
Cash Flow From Operations189.22 M971.22 M
Short Ratio4.57 X4.00 X
Earnings Per Share1.72 X3.12 X
Price To Earnings To Growth1.91 X4.89 X
Target Price47.67
Number Of Employees11.7 K18.84 K
Beta0.99-0.15
Market Capitalization1.42 B19.03 B
Total Asset2.14 B29.47 B
Retained Earnings596.01 M9.33 B
Working Capital855.13 M1.48 B
Note: Disposition of 7073 shares by Jeffrey McCreary of Benchmark Electronics at 42.7 subject to Rule 16b-3 [view details]

Benchmark Electronics Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Benchmark . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Benchmark Electronics Buy or Sell Advice

When is the right time to buy or sell Benchmark Electronics? Buying financial instruments such as Benchmark Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Benchmark Electronics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Millennials Best Thematic Idea Now

Millennials Best
Millennials Best Theme
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Millennials Best Theme or any other thematic opportunities.
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When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:
Check out Benchmark Electronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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
0.018
Dividend Share
0.67
Earnings Share
1.72
Revenue Per Share
73.842
Quarterly Revenue Growth
(0.05)
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.
Please note, there is a significant difference between Benchmark Electronics' value and its price as these two are different measures arrived at by different 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.