B. Riley Has Pessimistic Outlook of BW FY2025 Earnings

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) – Analysts at B. Riley reduced their FY2025 EPS estimates for Babcock & Wilcox Enterprises in a research report issued to clients and investors on Wednesday, November 13th. B. Riley analyst A. Rygiel now anticipates that the technology company will post earnings of $0.10 per share for the year, down from their previous forecast of $0.19. The consensus estimate for Babcock & Wilcox Enterprises’ current full-year earnings is ($0.03) per share.

Separately, StockNews.com upgraded shares of Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a research report on Thursday, August 15th.

Babcock & Wilcox Enterprises Stock Performance

NYSE BW opened at $1.84 on Thursday. The stock has a market cap of $169.64 million, a PE ratio of -2.22 and a beta of 1.73. The firm has a 50-day moving average of $2.06 and a 200-day moving average of $1.60. Babcock & Wilcox Enterprises has a 52-week low of $0.75 and a 52-week high of $2.99.

Institutional Trading of Babcock & Wilcox Enterprises

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. acquired a new position in Babcock & Wilcox Enterprises in the first quarter valued at about $26,000. Thompson Davis & CO. Inc. acquired a new position in shares of Babcock & Wilcox Enterprises in the 3rd quarter valued at approximately $41,000. Point72 DIFC Ltd bought a new stake in shares of Babcock & Wilcox Enterprises during the 2nd quarter worth approximately $42,000. Delta Financial Group Inc. boosted its position in shares of Babcock & Wilcox Enterprises by 90.9% during the 3rd quarter. Delta Financial Group Inc. now owns 21,000 shares of the technology company’s stock worth $43,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Verus Capital Partners LLC bought a new position in Babcock & Wilcox Enterprises in the third quarter valued at approximately $73,000. Institutional investors and hedge funds own 83.17% of the company’s stock.

About Babcock & Wilcox Enterprises

Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.