BWX Technologies Inc (BWXT) Shares Soar Above 1-Year High

BWX Technologies Inc (NYSE: BWXT) has seen a rise in its stock price by 0.96 in relation to its previous close of 106.29. However, the company has experienced a 9.48% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-05 that BWX Technologies, Inc. (BWXT) is experiencing a renaissance with three consecutive quarters of higher earnings and more ahead. BWXT’s competitive advantages include specialized technical capabilities, intellectual property, and a strong backlog, making it a growth candidate for green portfolios. Despite being overvalued, BWXT’s projected earnings growth and a one-year price target of $110.19 justify a Buy rating.

Is It Worth Investing in BWX Technologies Inc (NYSE: BWXT) Right Now?

BWX Technologies Inc (NYSE: BWXT) has a price-to-earnings ratio of 36.85x that is above its average ratio. Additionally, the 36-month beta value for BWXT is 0.70. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for BWXT is 91.07M and currently, short sellers hold a 0.99% ratio of that float. The average trading volume of BWXT on September 27, 2024 was 517.01K shares.

BWXT’s Market Performance

The stock of BWX Technologies Inc (BWXT) has seen a 9.48% increase in the past week, with a 5.84% rise in the past month, and a 12.98% gain in the past quarter. The volatility ratio for the week is 3.10%, and the volatility levels for the past 30 days are at 2.28% for BWXT. The simple moving average for the last 20 days is 7.51% for BWXT stock, with a simple moving average of 16.03% for the last 200 days.

Analysts’ Opinion of BWXT

Many brokerage firms have already submitted their reports for BWXT stocks, with Barclays repeating the rating for BWXT by listing it as a “Underweight.” The predicted price for BWXT in the upcoming period, according to Barclays is $90 based on the research report published on July 24, 2024 of the current year 2024.

Janney, on the other hand, stated in their research note that they expect to see BWXT reach a price target of $113. The rating they have provided for BWXT stocks is “Buy” according to the report published on June 27th, 2024.

BTIG Research gave a rating of “Buy” to BWXT, setting the target price at $110 in the report published on June 26th of the current year.

BWXT Trading at 7.97% 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 -0.52% of loss for the given period.

Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares surge +5.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.01% upper at present.

During the last 5 trading sessions, BWXT rose by +9.48%, which changed the moving average for the period of 200-days by +35.42% in comparison to the 20-day moving average, which settled at $100.10. In addition, BWX Technologies Inc saw 39.85% 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.

Stock Fundamentals for BWXT

Current profitability levels for the company are sitting at:

  • 0.15 for the present operating margin
  • 0.25 for the gross margin

The net margin for BWX Technologies Inc stands at 0.1. The total capital return value is set at 0.16. Equity return is now at value 29.08, with 9.59 for asset returns.

Based on BWX Technologies Inc (BWXT), the company’s capital structure generated 0.55 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 1.21. The interest coverage ratio of the stock is 8.53.

Currently, EBITDA for the company is 411.5 million with net debt to EBITDA at 2.47. When we switch over and look at the enterprise to sales, we see a ratio of 4.22. The receivables turnover for the company is 3.32for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.23.

Conclusion

In conclusion, BWX Technologies Inc (BWXT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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