Babcock & Wilcox Enterprises Inc (BW) Shares Soar Above 1-Year High

Babcock & Wilcox Enterprises Inc (NYSE: BW) has experienced a rise in its stock price by 5.29 compared to its previous closing price of 1.89. However, the company has seen a fall of -21.34% in its stock price over the last five trading days. businesswire.com reported 2024-11-14 that AKRON, Ohio–(BUSINESS WIRE)—- $BW–B&W has received full notice to proceed under an agreement for a coal-to-natural gas conversion at AES Indiana’s Petersburg Generating Station.

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

The 36-month beta value for BW is also noteworthy at 1.74. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”

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The public float for BW is 88.81M, and at present, short sellers hold a 2.33% of that float. The average trading volume of BW on November 20, 2024 was 1.39M shares.

BW’s Market Performance

The stock of Babcock & Wilcox Enterprises Inc (BW) has seen a -21.34% decrease in the past week, with a -26.30% drop in the past month, and a 80.91% gain in the past quarter. The volatility ratio for the week is 14.77%, and the volatility levels for the past 30 days are at 9.61% for BW. The simple moving average for the past 20 days is -12.72% for BW’s stock, with a 34.56% simple moving average for the past 200 days.

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 -5.38% 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 -33.44% of loss for the given period.

Volatility was left at 9.61%, however, over the last 30 days, the volatility rate increased by 14.77%, as shares sank -21.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +77.68% upper at present.

During the last 5 trading sessions, BW fell by -21.34%, which changed the moving average for the period of 200-days by +73.04% in comparison to the 20-day moving average, which settled at $2.2800. In addition, Babcock & Wilcox Enterprises Inc saw 36.30% 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 BW starting from Dziewisz John J, who sale 2,733 shares at the price of $1.05 back on Aug 15 ’24. After this action, Dziewisz John J now owns 217,521 shares of Babcock & Wilcox Enterprises Inc, valued at $2,870 using the latest closing price.

Dziewisz John J, the Officer of Babcock & Wilcox Enterprises Inc, proposed sale 2,733 shares at $1.05 during a trade that took place back on Aug 15 ’24, which means that Dziewisz John J is holding shares at $2,870 based on the most recent closing price.

Stock Fundamentals for BW

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.42 for the gross margin

The net margin for Babcock & Wilcox Enterprises Inc stands at -0.07. The total capital return value is set at 0.09.

Based on Babcock & Wilcox Enterprises Inc (BW), the company’s capital structure generated 2.07 points at debt to capital in total, while cash flow to debt ratio is standing at -0.22. The debt to equity ratio resting at -1.93. The interest coverage ratio of the stock is 1.73.

Currently, EBITDA for the company is -0.27 million with net debt to EBITDA at -25.04. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. The receivables turnover for the company is 6.14for trailing twelve months and the total asset turnover is 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.78.

Conclusion

In summary, Babcock & Wilcox Enterprises Inc (BW) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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