After hours: 5:06PM EDT
|Bid||24.08 x 800|
|Ask||24.02 x 1000|
|Day's Range||23.86 - 24.25|
|52 Week Range||20.01 - 30.55|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||17.73|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||0.60 (2.22%)|
|1y Target Est||34.00|
Editor's note: This story was previously published in March 2019. It has since been updated and republished.Small cap stocksSmall cap stocks are on their way back. The Russell 2000 Index, which reflects the average performance of small cap equities, is up 14% this year and continues pushing slowly up.And yet, perhaps even more so than with large caps, a handful of investors are seeing some amazing bargains within the small-cap realm.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for Over 20% Upside Potential Here's a rundown of the market's best small-cap stocks that have been beaten down to bargain-basement prices they don't quite deserve. While the most torrid of market selloffs still might be able to drag them lower, a modest market malaise may find many of these stocks quietly slipping back into rally mode. Brooks Automation (BRKS)It's not easy to explain what Brooks Automation (NASDAQ:BRKS) does. It's easier to list what it sells. Among the company's wares are robotic-like manufacturing equipment, semiconductor handling equipment, cold storage systems and a variety of consumables a life-sciences lab might use.Basically, Brooks helps companies in the semiconductor and life-science industries automate repetitive processes.Admittedly, it's as boring as it is unclear to anyone who doesn't work in either industry. In volatile times, though, boring isn't a bad thing. BRKS' products are generally in demand regardless of the economic environment, and are up 36% so far this year.By the way, Brooks Automation hasn't failed to top a quarterly earnings estimate in four years.Source: Shutterstock Pitney Bowes (PBI)Pitney Bowes (NYSE:PBI), on the other hand, should be a relatively familiar name. This is the company perhaps best known for making postage-meters, though it's so much more than that now. It's become a complete soup-to-nuts solutions provider that's relevant in the digital, ecommerce world. * 7 High-Yield REITs to Buy (Even When the Market Tanks) That reality hasn't changed the market's perception of the company. The stock's down more than 80% from its 2014 (yes, 2014) high, and worse than that, shares are priced at where they were in the mid-80's (yes, the 1980's), reflecting an ongoing deterioration of the company's top and bottom lines.Curiously though, the cheaper it gets and the more the ecommerce market matures, the more hedge funds seem to want it. PBI is one of the 30 most popular stocks among hedge funds, in fact, suggesting an opportunity not everybody else sees is at hand.Source: Shutterstock Qudian (QD)Like most other Chinese technology and consumer stocks, Qudian (NYSE:QD) has been struggling for the past few months and trade war fears and trade war realities have set in. Unlike most of its bigger brothers though, QD stock has been working its way higher since late last year.Much of that strength was prompted by evidence that, despite the headwind, Qudian's business is holding up. During its fourth quarter in grew revenues by more than 22%. Even more impressive is that it managed to do so despite the loss of a key partnerlast year.Most impressive of all is that it did it when it wasn't supposed to be able to produce those kinds of results. Qudian is a lender to Chinese consumers, but China's economy is supposed to be running into a headwind. Maybe that's not the case though.Source: Shutterstock Altra Industrial Motion (AIMC)Altra Industrial Motion (NASDAQ:AIMC) makes drivetrains, but not for automobiles. Rather, it makes drivetrains, transmissions and a variety of motion control products -- along with all the accompanying consumables like brakes and bearings -- used in high-output physical production environments. Its customers include material handling companies, food processors, packagers and more. * 10 Retirement Stocks That Won't Wilt in a Bear Market The company has quietly turned up the heat while nobody was watching. Altra's top line is on pace to improve nearly 33% this year, leading to per-share earnings growth of 40%. Yet, the pros believe the company has an encore in store. Analysts are calling for sales growth of 67%, leading to 16% earnings growth.Granted, much of this growth is or will be the result of acquisitions, but it's profitable growth all the same.Source: Shutterstock Petmed Express (PETS)The buzz that surrounded the pet-care industry just a few years back has since died down. Take a closer look at the market though. While the chatter has abated, the market itself hasn't. Grand View Research expects the global pet-care market, which was worth $131.7 billion in 2016, to grow to $202.6 billion by 2025.The market is maturing though, as investors, consumers and companies all find a balance they can live with.Enter Petmed Express (NASDAQ:PETS). It's not a new company; it was founded in 1996 and went public in 1999. But, that's not a bad thing. While the online pet pharmacy market was maturing, Petmed Express was learning and capturing market share.The stock's been a poor performer since early this year, but sales and earnings have both continued to grow. The stock's trading at a modest forward-looking P/E of 10.87.Source: Felix Carmona via Flickr (Modified) WESCO International (WCC)It's unlikely the average consumer knows much about WESCO International (NYSE:WCC), if they've ever heard of it at all. On the other hand, it's very likely that one way or another, most consumers all over the world benefit from its products.WESCO supplies a huge assortment of tools and consumables to companies that erect and maintain power lines, install breaker boxes, lay fiber-optic cables, repair light fixtures and more. * 7 Cloud Stocks to Buy on Overcast Days It doesn't sound like a complicated business, but it is. With a massive number of product skus to sift through, large-scale customers need a company like WESCO to make resupplying a snap. WESCO adds value to the buying process by preventing maintenance logistics from becoming a headache.Slow but steady earnings growth for this year and next says its business model is working, and you can step into WCC stock for less than 10 times next year's projected earnings of $5.61 per share.Source: 401(k) 2012 via Flickr Voya Financial (VOYA)You know Voya Financial (NYSE:VOYA) even if you don't think you know the company, for a couple of reasons. The first is the recent television commercials involving an orange paper squirrel and rabbit, who offer tips on how to manage money. The second reason you may know Voya better than you realize is, this company used to be ING.Regardless, the market hasn't been kind to VOYA since early 2018. Shares were down 26% at the end of the year but have returned slightly higher numbers than this time last year. At a forward-looking P/E of 8.37 in front of legitimate earnings growth expected in 2019 though, a rebound may be in the works.Source: Flickr Innoviva (INVA)Innoviva (NASDAQ:INVA) is the only pharma name to earn a spot on this list of undervalued small-cap stocks to buy, and for good reason. That is, while other biotech names may present more growth potential, Innoviva brings much less risk to the table.Innoviva is effectively a one-trick pony, but the pony in question is reliably marketable. It owns royalty rights to the Breo/Ellipta combination used as a treatment for COPD, which was largely developed by GlaxoSmithKline (NYSE:GSK). It also owns rights to a similar combination of Anor and Ellipta. It's not selling nearly as well yet, but it's on a growth track. * 7 Dangerous Dividend Stocks to Stay Far Away From Innoviva only enjoy royalties ranging between 5% and 10% of both COPD treatments. But, sales of both are growing, and with no R&D costs incurred, that's high-margin, low-risk revenue.Source: Hillary via Flickr SYNNEX Corporation (SNX)It's entirely possible you've been served or assisted by SYNNEX Corporation (NYSE:SNX) without even realizing it.SYNNEX helps its customers "grow and enhance their customer-engagement strategies." Sometimes this means it supplies technologies like computers or components, and other times it means it does outsourced customer service work for its clients through its Concentrix division.It's still a somewhat ambiguous explanation, but not ambiguous is the company's reliable growth streak. Quarterly revenue has grown on a year-over-year basis for the past ten quarters, and earnings growth has been almost as impressively consistent.Most noteworthy is that this company's top and bottom lines weren't the least bit fazed by the 2008 recession. As it continues clawing its way back it looks as if last year's 40% pullback may be largely unmerited.Source: Shutterstock Benchmark Electronics (BHE)Many of the electronic devices you see and use every day weren't actually designed or manufactured by the name branded on the device.Those outfits lean on the likes of Benchmark Electronics (NYSE:BHE) to design and supply the components found inside high-tech wares like flight recorders, 3D printers and medical imaging devices, just to name a few. * 10 Great Stocks to Buy on Dips Sure, it would be much more exciting to be a front-line name, but it would also be a much more volatile experience for BHE shareholders.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post 10 Small-Cap Stocks That Look Like Bargains appeared first on InvestorPlace.
Benchmark Electronics Inc NYSE:BHEView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for BHE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BHE. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.32 billion over the last one-month into ETFs that hold BHE are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Engaged Capital is a hedge fund that was founded in 2012 by Glenn W. Wellin, who previously sharpened his investment skills at famous Relational Investors where he was a Principal and Managing Director. The fund was launched with an initial capital of $85 million, and it has grown big since – holding $796.16 million in […]
With a background at IBM and other tech companies, Jeff Benck was recruited to serve as the president and CEO of Benchmark Electronics Inc. in Tempe in March. He spoke to the Business Journal about his management style and previous gigs — and says he can't wait to try out the golf courses in his new home state.
TEMPE, Ariz., May 7, 2019 /PRNewswire/ -- Continuing its long-standing commitment to serve as an asset to the communities in which it operates, Benchmark has announced that Steve Beaver, vice president and general counsel at Benchmark, has been elected to the Arizona Chamber of Commerce and Industry's Board of Directors. Additionally, Mike Buseman, executive vice president of Global Operations at Benchmark, has been elected to the Arizona Chamber's Arizona Manufacturing Council's Board of Directors.
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! How far off is Benchmark Electronics, Inc. (NYSE:BHE) from its intrinsic value? Using the most recent...
The Tempe-based tech design and manufacturing company saw its new CEO take over in March, succeeding Paul Tufano.
TEMPE, Ariz. (AP) _ Benchmark Electronics Inc. (BHE) on Wednesday reported first-quarter net income of $13.8 million, after reporting a loss in the same period a year earlier. The Tempe, Arizona-based company said it had net income of 34 cents per share. The electronic manufacturing services company posted revenue of $602.8 million in the period.
- Quarterly revenue of $603 million - Quarterly EPS of $0.34 ( $0.33 non-GAAP) TEMPE, Ariz. , April 24, 2019 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for ...
TEMPE, Ariz. , April 17, 2019 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) will announce its first quarter 2019 results on Wednesday, April 24, 2019, after the market closes. The Company will ...
- First quarter 2019 cash dividend of $0.15 per share TEMPE, Ariz. , March 15, 2019 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced that its Board of Directors declared a quarterly ...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why itRead More...
NEW YORK, March 04, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
The rating on Cl. L was upgraded based primarily on an increase in credit support resulting from loan paydowns and amortization. The rating on the IO class, Cl. A-X, was affirmed based on the credit quality of the referenced classes.
Paul Tufano had announced earlier this month he would step down this year as the president and CEO after he was brought out of retirement to lead the company in 2016.
Benchmark Electronics Inc is engaged in manufacturing, designing and engineering services and product life cycle solutions. The dividend yield of Benchmark Electronics Inc stocks is 2.20%. Warning! GuruFocus has detected 3 Warning Sign with BHE.
Lantronix, Inc. (LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT) – today announced that Jeff Benck has resigned from his role as president and chief executive officer and as a director of Lantronix effective March 8, 2019, to pursue another opportunity as the chief executive officer of Benchmark Electronics, Inc. (BHE). Lantronix Chief Financial Officer Jeremy Whitaker will serve as interim chief executive officer of the company until the board of directors appoints a new permanent CEO.
TEMPE, Ariz., Feb. 28, 2019 /PRNewswire/ -- Benchmark Electronics, Inc. (BHE) today announced that its Board of Directors has appointed Jeff Benck, 53, as President and CEO. Benck's official start date will be Monday, March 18, 2019, at which time he will succeed Benchmark's current President and CEO Paul Tufano, who will remain with the company as an advisor through December 31, 2019. Upon joining the company, Benck will also join the company's board of directors.