BWX Technologies, Inc. (NYSE:BWXT) Receives $122.43 Consensus PT from Analysts

BWX Technologies, Inc. (NYSE:BWXT) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $124.57.

Several research firms have commented on BWXT. Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target for the company in a report on Tuesday, November 12th. Barclays lifted their price objective on shares of BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a research report on Monday. Truist Financial increased their target price on BWX Technologies from $95.00 to $106.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. StockNews.com cut BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th.

Institutional Trading of BWX Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Stone House Investment Management LLC boosted its position in shares of BWX Technologies by 76.2% in the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after purchasing an additional 99 shares during the period. Quent Capital LLC boosted its holdings in shares of BWX Technologies by 147.6% in the third quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock valued at $28,000 after acquiring an additional 152 shares during the period. UMB Bank n.a. grew its position in shares of BWX Technologies by 729.0% during the third quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock worth $28,000 after acquiring an additional 226 shares during the last quarter. Quarry LP grew its position in shares of BWX Technologies by 93.6% during the third quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after acquiring an additional 131 shares during the last quarter. Finally, V Square Quantitative Management LLC acquired a new position in shares of BWX Technologies in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Price Performance

BWX Technologies stock opened at $113.72 on Monday. The company’s 50 day simple moving average is $124.89 and its 200-day simple moving average is $107.91. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25. BWX Technologies has a 1 year low of $74.69 and a 1 year high of $136.31. The company has a market capitalization of $10.40 billion, a price-to-earnings ratio of 37.66, a price-to-earnings-growth ratio of 4.12 and a beta of 0.70.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, November 4th. The technology company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.06. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The company had revenue of $672.00 million during the quarter, compared to the consensus estimate of $658.84 million. During the same period in the previous year, the company posted $0.67 EPS. BWX Technologies’s revenue was up 13.9% compared to the same quarter last year. As a group, equities research analysts expect that BWX Technologies will post 3.23 earnings per share for the current year.

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 19th were paid a $0.24 dividend. The ex-dividend date was Tuesday, November 19th. This represents a $0.96 annualized dividend and a yield of 0.84%. BWX Technologies’s dividend payout ratio is presently 31.79%.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.