Northland Securities Comments on Babcock FY2026 Earnings

Babcock (NYSE:BWFree Report) – Research analysts at Northland Securities upped their FY2026 EPS estimates for Babcock in a research note issued to investors on Tuesday, May 12th. Northland Securities analyst J. Grampp now anticipates that the technology company will post earnings of $0.29 per share for the year, up from their prior forecast of $0.21. The consensus estimate for Babcock’s current full-year earnings is $0.21 per share. Northland Securities also issued estimates for Babcock’s FY2027 earnings at $0.64 EPS.

Babcock (NYSE:BWGet Free Report) last announced its earnings results on Monday, May 11th. The technology company reported ($0.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.57). The company had revenue of $214.41 million for the quarter, compared to analysts’ expectations of $149.72 million.

BW has been the topic of a number of other research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Babcock in a research note on Monday, April 20th. Craig Hallum reissued a “buy” rating and issued a $19.00 price objective on shares of Babcock in a research note on Tuesday, March 17th. Zacks Research upgraded Babcock to a “hold” rating in a report on Friday, January 23rd. Finally, Wall Street Zen raised Babcock from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $14.25.

Get Our Latest Stock Analysis on Babcock

Babcock Trading Down 1.7%

Shares of NYSE:BW opened at $19.42 on Thursday. The company has a 50 day moving average of $15.35 and a 200-day moving average of $9.99. The firm has a market cap of $2.65 billion, a P/E ratio of -22.07 and a beta of 1.08. Babcock has a twelve month low of $0.62 and a twelve month high of $20.75.

Insider Activity

In related news, CEO Kenneth M. Young acquired 7,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $15.14 per share, for a total transaction of $105,980.00. Following the transaction, the chief executive officer owned 1,656,512 shares of the company’s stock, valued at approximately $25,079,591.68. The trade was a 0.42% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Babcock

Hedge funds have recently modified their holdings of the stock. Huntington National Bank boosted its position in shares of Babcock by 400,000.0% in the 4th quarter. Huntington National Bank now owns 4,001 shares of the technology company’s stock valued at $25,000 after purchasing an additional 4,000 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in Babcock during the 4th quarter worth about $25,000. Centiva Capital LP purchased a new stake in Babcock during the third quarter valued at about $31,000. Raymond James Financial Inc. boosted its holdings in shares of Babcock by 11,311.3% in the third quarter. Raymond James Financial Inc. now owns 12,096 shares of the technology company’s stock worth $35,000 after buying an additional 11,990 shares during the period. Finally, Sender Co & Partners Inc. acquired a new position in shares of Babcock in the third quarter worth about $50,000. 83.17% of the stock is owned by hedge funds and other institutional investors.

About Babcock

(Get Free Report)

Babcock & Wilcox Enterprises, Inc (NYSE: BW) is a specialized provider of energy and environmental technologies and services serving power generation and heavy industrial markets. The company designs, manufactures and maintains critical components and systems that support the safe and efficient operation of both fossil-fuel and renewable power facilities. Its core offerings include industrial and utility boilers, environmental control systems for emissions reduction, and aftermarket support services ranging from inspection and maintenance to spare parts management.

In addition to its boiler and emissions control portfolio, Babcock & Wilcox Enterprises delivers lifecycle solutions aimed at enhancing plant performance and compliance.

Further Reading

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