Research Analysts Issue Forecasts for BWXT FY2027 Earnings

BWX Technologies, Inc. (NYSE:BWXT – Free Report) – Stock analysts at Northland Securities raised their FY2027 EPS estimates for BWX Technologies in a research report issued on Tuesday, November 3rd. Northland Securities analyst J. Grampp now forecasts that the technology company will post earnings per share of $5.17 for the year, up from their previous estimate of $5.02. Northland Securities currently has an “Outperform” rating and a $220.00 price target on the stock. The consensus estimate for BWX Technologies’ current full-year earnings is $4.76 per share.

A number of other equities research analysts have also recently weighed in on BWXT. Citigroup restated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 30th. Wells Fargo & Company upgraded shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and cut their price objective for the stock from $200.00 to $170.00 in a research report on Thursday, August 27th. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Truist Financial reduced their price objective on BWX Technologies from $202.00 to $182.00 and set a “hold” rating for the company in a report on Tuesday, October 6th. Finally, BNP Paribas Exane decreased their target price on BWX Technologies from $190.00 to $165.00 and set a “neutral” rating on the stock in a research report on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $205.00.

View Our Latest Stock Report on BWXT

BWX Technologies Trading Down 7.9%

BWX Technologies stock opened at $121.44 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.33 and a current ratio of 1.88. The stock has a 50-day simple moving average of $142.08 and a 200 day simple moving average of $183.58. The stock has a market capitalization of $11.13 billion, a P/E ratio of 29.76, a PEG ratio of 1.86 and a beta of 0.75. BWX Technologies has a 52 week low of $119.60 and a 52 week high of $241.82.

BWX Technologies (NYSE:BWXT – Get Free Report) last issued its earnings results on Monday, November 2nd. The technology company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.07. BWX Technologies had a net margin of 10.41% and a return on equity of 31.65%. The business had revenue of $952.97 million for the quarter, compared to the consensus estimate of $970.52 million. During the same period in the previous year, the company earned $1.00 earnings per share. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis.

Institutional Trading of BWX Technologies

A number of institutional investors have recently bought and sold shares of BWXT. Cannell & Spears LLC increased its holdings in shares of BWX Technologies by 4.0% during the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company’s stock worth $251,000 after purchasing an additional 50 shares during the period. Private Advisor Group LLC grew its position in BWX Technologies by 2.4% during the first quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company’s stock worth $582,000 after buying an additional 67 shares in the last quarter. Modera Wealth Management LLC grew its position in BWX Technologies by 4.6% during the first quarter. Modera Wealth Management LLC now owns 1,757 shares of the technology company’s stock worth $359,000 after buying an additional 77 shares in the last quarter. IFP Advisors Inc grew its position in BWX Technologies by 3.3% during the second quarter. IFP Advisors Inc now owns 2,442 shares of the technology company’s stock worth $475,000 after buying an additional 79 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in BWX Technologies by 7.2% during the 1st quarter. Chicago Partners Investment Group LLC now owns 1,244 shares of the technology company’s stock worth $273,000 after acquiring an additional 84 shares during the period. Institutional investors own 94.39% of the company’s stock.

Insider Buying and Selling

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be paid a $0.27 dividend. The ex-dividend date is Thursday, November 19th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. BWX Technologies’s dividend payout ratio is 26.47%.

Key Headlines Impacting BWX Technologies

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BWX Technologies Company Profile

(Get Free Report)

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.

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Earnings History and Estimates for BWX Technologies (NYSE:BWXT)

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