Benchmark Electronics with ticker code (BHE) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 37 and 35 with the average target price sitting at 35.67. With the stocks previous close at 26.39 this would imply there is a potential upside of 35.2%. The 50 day MA is 27.07 and the 200 moving average now moves to 28.2. The market capitalisation for the company is $927m. Company Website: http://www.bench.com
Benchmark Electronics, together with its subsidiaries, provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing, and automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, life cycle testing services, and environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing services for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product’s life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, test and instrumentation, telecommunications, and high-end computing industries. It sells its products primarily through direct sales force. The company was formerly known as Electronics Benchmark Electronics was founded in 1979 and is headquartered in Tempe, Arizona.