Benchmark Electronics (BHE)


November 9, 2022

BHE: Meeting Adds Detailed Support for EPS Growth Story

By Steven Fox

We reiterate our Outperform and raise our target from $35 to $37 on the shares of Benchmark Electronics (BHE; $28.69) as we bump up 2023E EPS from $2.30 to $2.40 after attending the company’s Investor…

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October 27, 2022

BHE: Further Demonstrates Margin Story

By Steven Fox

Benchmark Electronics (BHE; $29.06; O/P) produced a healthy Q3 “beat and raise” that highlighted broad new program momentum and solid margin expansion despite ongoing supply chain constraints for specialty components, especially limiting shipments in medical…

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October 21, 2022

Comfortably Conservative Ahead of Q3 Print

By Steven Fox

We think the EPS bar was set more than appropriately for Benchmark Electronics (BHE; $26.93; O/P) into Q3 results and outlook on Wednesday (10/26 after market). We assume new program momentum, driving a richer sales…

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