BHE
Benchmark Electronics, Inc. Technology - Electronic Components Investor Relations →
Benchmark Electronics, Inc. (BHE) closed at $58.30 as of 2026-02-02, trading 80.3% above its 200-week moving average of $32.34. The stock moved further from the line this week, up from 62.2% last week. With a 14-week RSI of 78, BHE is in overbought territory.
Over the past 1810 weeks of data, BHE has crossed below its 200-week moving average 35 times. On average, these episodes lasted 14 weeks. Historically, investors who bought BHE at the start of these episodes saw an average one-year return of +18.1%.
With a market cap of $2.1 billion, BHE is a mid-cap stock. The company generates a free cash flow yield of 7.2%, which is healthy. Return on equity stands at 2.2%. The stock trades at 1.9x book value.
Share count has increased 2.2% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in BHE would have grown to $1974, compared to $2849 for the S&P 500. BHE has returned 9.4% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: BHE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BHE Crosses Below the Line?
Across 35 historical episodes, buying BHE when it crossed below its 200-week moving average produced an average return of +20.2% after 12 months (median +9.0%), compared to +7.7% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +28.2% vs +20.5% for the index.
Each line shows $100 invested at the moment BHE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BHE has crossed below its 200-week MA 35 times with an average 1-year return of +18.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1999 | Jan 2000 | 14 | 33.7% | +209.2% | +953.0% |
| Dec 2000 | Jan 2001 | 4 | 28.0% | -21.0% | +473.1% |
| Jan 2001 | Mar 2002 | 58 | 47.6% | -6.7% | +519.4% |
| Mar 2002 | May 2002 | 7 | 6.3% | +4.9% | +464.1% |
| Jun 2002 | Jul 2002 | 4 | 11.8% | +17.9% | +478.6% |
| Jul 2002 | Nov 2002 | 18 | 44.1% | +15.1% | +443.2% |
| Dec 2002 | Dec 2002 | 4 | 7.5% | +87.7% | +450.0% |
| Mar 2003 | Jun 2003 | 10 | 11.2% | +68.6% | +437.8% |
| Feb 2007 | Jun 2007 | 14 | 6.4% | -17.6% | +244.3% |
| Jul 2007 | Aug 2007 | 1 | 1.5% | -30.1% | +221.6% |
| Oct 2007 | Jan 2010 | 118 | 56.0% | -38.8% | +224.0% |
| Jan 2010 | Feb 2010 | 3 | 3.8% | -1.7% | +272.2% |
| May 2010 | Dec 2010 | 29 | 18.9% | -9.8% | +279.1% |
| Apr 2011 | Jun 2011 | 11 | 8.3% | -10.6% | +315.6% |
| Jul 2011 | Jan 2012 | 27 | 23.9% | -17.2% | +339.6% |
| Apr 2012 | Aug 2012 | 17 | 19.2% | +15.8% | +364.9% |
| Sep 2012 | Dec 2012 | 12 | 9.5% | +50.6% | +359.7% |
| Oct 2015 | Nov 2015 | 4 | 4.8% | +25.4% | +247.4% |
| Dec 2015 | Dec 2015 | 1 | 0.3% | +43.9% | +241.3% |
| Dec 2015 | Feb 2016 | 6 | 9.3% | +47.6% | +239.6% |
| Apr 2016 | Jul 2016 | 11 | 8.4% | +59.3% | +260.8% |
| Jul 2018 | Feb 2019 | 28 | 21.6% | +16.3% | +187.8% |
| Mar 2019 | Mar 2019 | 1 | 0.3% | -31.4% | +166.6% |
| May 2019 | Jul 2019 | 10 | 14.7% | -19.5% | +181.8% |
| Feb 2020 | Feb 2020 | 1 | 2.0% | +6.5% | +152.1% |
| Feb 2020 | Dec 2020 | 42 | 36.8% | +7.7% | +147.0% |
| Jan 2021 | Feb 2021 | 1 | 2.0% | -4.6% | +157.1% |
| Jul 2021 | Jul 2021 | 2 | 2.2% | -8.3% | +153.2% |
| Oct 2021 | Nov 2021 | 1 | 7.5% | +23.8% | +174.6% |
| Nov 2021 | Dec 2021 | 4 | 4.1% | +21.4% | +165.2% |
| Jan 2022 | Feb 2022 | 4 | 5.3% | +18.2% | +155.7% |
| Apr 2022 | May 2022 | 7 | 5.5% | -1.3% | +168.7% |
| Jun 2022 | Jul 2022 | 6 | 10.4% | +15.2% | +180.2% |
| Feb 2023 | Jun 2023 | 17 | 14.1% | +25.3% | +149.1% |
| Sep 2023 | Oct 2023 | 8 | 3.6% | +70.0% | +158.9% |
| Average | 14 | — | +18.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02