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BHE
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$22.13
Change
-$0.42 (-1.86%)
Capitalization
777.49M

BHE Price Prediction, Benchmark Electronics AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

Momentum Indicator for BHE turns negative, indicating new downward trend

BHE saw its Momentum Indicator move below the 0 level on June 13, 2022. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 80 similar instances where the indicator turned negative. In 54 of the 80 cases, the stock moved further down in the following days. The odds of a decline are at 68%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for BHE turned negative on June 13, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

BHE moved below its 50-day moving average on June 16, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BHE crossed bearishly below the 50-day moving average on June 22, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BHE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BHE's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 12 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BHE advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .

BHE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 248 cases where BHE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.796) is normal, around the industry mean (6.867). P/E Ratio (20.492) is within average values for comparable stocks, (31.775). BHE's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.166). Dividend Yield (0.030) settles around the average of (0.024) among similar stocks. P/S Ratio (0.332) is also within normal values, averaging (7.205).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. BHE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BHE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.

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A.I.Advisor
published price charts
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published Earnings

BHE is expected to report earnings to fall 16.66% to 36 cents per share on July 27

Benchmark Electronics BHE Stock Earnings Reports
Q2'22
Est.
$0.37
Q1'22
Beat
by $0.10
Q4'21
Beat
by $0.07
Q3'21
Beat
by $0.01
Q2'21
Beat
by $0.01
The last earnings report on April 26 showed earnings per share of 43 cents, beating the estimate of 34 cents. With 190.24K shares outstanding, the current market capitalization sits at 777.49M.
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A.I.Advisor
published Dividends

BHE is expected to pay dividends on July 14, 2022

Benchmark Electronics BHE Stock Dividends
A dividend of $0.17 per share will be paid with a record date of July 14, 2022, and an ex-dividend date of June 29, 2022. The last dividend of $0.17 was paid on April 14. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Corning (NYSE:GLW).

Industry description

The Electronic Components industry produces electronic equipment for industries and consumer electronics products, such as mobile devices, televisions, and circuit boards. TE Connectivity Ltd, for example, is a company that designs and manufactures connectivity and sensor products for harsh environments in various industries, such as automotive, industrial equipment, aerospace, and oil & gas. Another major player, Corning Inc., makes advanced optics including end-to-end fiber and wireless solutions for communications networks along with various other technologies catering to industrial and scientific applications.

Market Cap

The average market capitalization across the Electronic Components Industry is 4.76B. The market cap for tickers in the group ranges from 3.89K to 181.25B. MAWAF holds the highest valuation in this group at 181.25B. The lowest valued company is ALPE at 3.89K.

High and low price notable news

The average weekly price growth across all stocks in the Electronic Components Industry was -0%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -19%. NXOPF experienced the highest price growth at 63%, while ZTSTF experienced the biggest fall at -24%.

Volume

The average weekly volume growth across all stocks in the Electronic Components Industry was -78%. For the same stocks of the Industry, the average monthly volume growth was -11% and the average quarterly volume growth was -16%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 41
P/E Growth Rating: 62
Price Growth Rating: 66
SMR Rating: 32
Profit Risk Rating: 77
Seasonality Score: 3 (-100 ... +100)
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published General Information

General Information

a provider of contract manufacturing and design services to original equipment manufacturers

Industry ElectronicComponents

Profile
Fundamentals
Details
Industry
Electronic Components
Address
56 South Rockford Drive
Phone
+1 623 300-7000
Employees
10900
Web
https://www.bench.com

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BHE and

Correlation & Price change

A.I.dvisor indicates that over the last year, BHE has been closely correlated with PLXS. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if BHE jumps, then PLXS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BHE
1D Price
Change %
BHE100%
-1.91%
PLXS - BHE
81%
Closely correlated
-0.65%
SANM - BHE
69%
Closely correlated
-0.17%
FLEX - BHE
64%
Loosely correlated
-1.52%
JBL - BHE
64%
Loosely correlated
-0.23%
CTS - BHE
62%
Loosely correlated
+0.26%
More