BWX Technologies Inc (NYSE: BWXT) has a price-to-earnings ratio that is above its average at 31.59x. The stock has a 36-month beta value of 0.72. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for BWXT is 90.97M, and at present, short sellers hold a 0.86% of that float. On May 08, 2024, the average trading volume of BWXT was 662.75K shares.
BWXT) stock’s latest price update
BWX Technologies Inc (NYSE: BWXT)’s stock price has gone decline by -11.97 in comparison to its previous close of 98.88, however, the company has experienced a -9.12% decrease in its stock price over the last five trading days. Seeking Alpha reported 2024-05-06 that BWX Technologies, Inc. (NYSE:BWXT ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Corporate Participants Chase Jacobson – Vice President of Investor Relations Rex Geveden – President and Chief Executive Officer Robb LeMasters – Senior Vice President and Chief Financial Officer Conference Call Participants Scott Deuschle – Deutsche Bank Bob Labick – CJS Securities Josh Korn – Barclays Peter Arment – Baird Pete Skibitski – Alembic Global Michael Ciarmoli – Truist Securities Ron Epstein – Bank of America Operator Ladies and gentlemen, welcome to the BWX Technologies First Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.
BWXT’s Market Performance
BWXT’s stock has fallen by -9.12% in the past week, with a monthly drop of -12.71% and a quarterly rise of 4.85%. The volatility ratio for the week is 3.51% while the volatility levels for the last 30 days are 2.27% for BWX Technologies Inc. The simple moving average for the past 20 days is -8.41% for BWXT’s stock, with a 5.87% simple moving average for the past 200 days.
Analysts’ Opinion of BWXT
Many brokerage firms have already submitted their reports for BWXT stocks, with Truist repeating the rating for BWXT by listing it as a “Hold.” The predicted price for BWXT in the upcoming period, according to Truist is $95 based on the research report published on March 25, 2024 of the current year 2024.
Alembic Global Advisors, on the other hand, stated in their research note that they expect to see BWXT reach a price target of $82, previously predicting the price at $79. The rating they have provided for BWXT stocks is “Neutral” according to the report published on November 03rd, 2023.
Deutsche Bank gave a rating of “Buy” to BWXT, setting the target price at $86 in the report published on September 28th of the previous year.
BWXT Trading at -11.69% from the 50-Day Moving Average
After a stumble in the market that brought BWXT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.79% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 3.51%, as shares sank -10.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.17% lower at present.
During the last 5 trading sessions, BWXT fell by -9.12%, which changed the moving average for the period of 200-days by +23.48% in comparison to the 20-day moving average, which settled at $94.53. In addition, BWX Technologies Inc saw 13.44% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BWXT starting from Burbach Gerhard F, who sale 1,000 shares at the price of $105.42 back on Mar 06 ’24. After this action, Burbach Gerhard F now owns 391 shares of BWX Technologies Inc, valued at $105,420 using the latest closing price.
NARDELLI ROBERT L, the Director of BWX Technologies Inc, purchase 2,000 shares at $71.23 during a trade that took place back on Aug 18 ’23, which means that NARDELLI ROBERT L is holding 2,000 shares at $142,460 based on the most recent closing price.
Stock Fundamentals for BWXT
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.43 for the gross margin
The net margin for BWX Technologies Inc stands at 0.1. The total capital return value is set at -0.98. Equity return is now at value 29.20, with 9.20 for asset returns.
Based on BWX Technologies Inc (BWXT), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 1.3. The interest coverage ratio of the stock is 14.17.
Currently, EBITDA for the company is 411.5 million with net debt to EBITDA at 2.76. When we switch over and look at the enterprise to sales, we see a ratio of 3.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.24.
Conclusion
To sum up, BWX Technologies Inc (BWXT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
