Babcock & Wilcox Enterprises Inc (BW) Stock: A Guide to the Market Trend

The stock of Babcock & Wilcox Enterprises Inc (BW) has gone up by 62.40% for the week, with a 17.59% rise in the past month and a -14.19% drop in the past quarter. The volatility ratio for the week is 22.40%, and the volatility levels for the past 30 days are 15.99% for BW. The simple moving average for the past 20 days is 4.43% for BW’s stock, with a -60.19% simple moving average for the past 200 days.

Is It Worth Investing in Babcock & Wilcox Enterprises Inc (NYSE: BW) Right Now?

Moreover, the 36-month beta value for BW is 1.37. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”

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The public float for BW is 85.74M and currently, short sellers hold a 4.65% of that float. On March 25, 2024, BW’s average trading volume was 1.53M shares.

BW) stock’s latest price update

The stock of Babcock & Wilcox Enterprises Inc (NYSE: BW) has decreased by -3.79 when compared to last closing price of 1.32.Despite this, the company has seen a gain of 62.40% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-25 that ITT announces investment of $11 million to boost the company’s pump testing capabilities at three of its IP sites.

Analysts’ Opinion of BW

Many brokerage firms have already submitted their reports for BW stocks, with Craig Hallum repeating the rating for BW by listing it as a “Hold.” The predicted price for BW in the upcoming period, according to Craig Hallum is $2 based on the research report published on November 10, 2023 of the previous year 2023.

Craig Hallum, on the other hand, stated in their research note that they expect to see BW reach a price target of $11. The rating they have provided for BW stocks is “Buy” according to the report published on July 19th, 2022.

Lake Street gave a rating of “Buy” to BW, setting the target price at $12 in the report published on March 25th of the previous year.

BW Trading at 3.28% from the 50-Day Moving Average

After a stumble in the market that brought BW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.87% of loss for the given period.

Volatility was left at 15.99%, however, over the last 30 days, the volatility rate increased by 22.40%, as shares surge +16.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.83% upper at present.

During the last 5 trading sessions, BW rose by +62.40%, which changed the moving average for the period of 200-days by -78.18% in comparison to the 20-day moving average, which settled at $1.2251. In addition, Babcock & Wilcox Enterprises Inc saw -13.01% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BW starting from Moeller Philip D, who purchase 20,000 shares at the price of $1.10 back on Mar 21 ’24. After this action, Moeller Philip D now owns 85,774 shares of Babcock & Wilcox Enterprises Inc, valued at $22,000 using the latest closing price.

Young Kenneth M, the Chief Executive Officer of Babcock & Wilcox Enterprises Inc, purchase 29,229 shares at $1.03 during a trade that took place back on Mar 20 ’24, which means that Young Kenneth M is holding 241,745 shares at $30,001 based on the most recent closing price.

Stock Fundamentals for BW

Current profitability levels for the company are sitting at:

  • 0.02 for the present operating margin
  • 0.22 for the gross margin

The net margin for Babcock & Wilcox Enterprises Inc stands at -0.19. The total capital return value is set at 0.05. Equity return is now at value -657.27, with -9.68 for asset returns.

Based on Babcock & Wilcox Enterprises Inc (BW), the company’s capital structure generated 2.09 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at -1.91. The interest coverage ratio of the stock is 0.4.

Currently, EBITDA for the company is 50.87 million with net debt to EBITDA at 8.5. When we switch over and look at the enterprise to sales, we see a ratio of 0.47. The receivables turnover for the company is 3.81for trailing twelve months and the total asset turnover is 1.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.

Conclusion

To wrap up, the performance of Babcock & Wilcox Enterprises Inc (BW) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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