BWX Technologies, Inc. (NYSE:BWXT) Receives Consensus Rating of "Moderate Buy" from Brokerages

BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $126.50.

Several equities analysts have commented on BWXT shares. Alembic Global Advisors raised shares of BWX Technologies from a "neutral" rating to an "overweight" rating and set a $148.00 target price on the stock in a research report on Tuesday, November 12th. StockNews.com lowered shares of BWX Technologies from a "buy" rating to a "hold" rating in a research report on Wednesday, November 6th. Truist Financial lifted their price objective on shares of BWX Technologies from $95.00 to $106.00 and gave the stock a "hold" rating in a research report on Tuesday, November 5th. Maxim Group increased their target price on shares of BWX Technologies from $138.00 to $140.00 and gave the company a "buy" rating in a research report on Friday. Finally, Bank of America upped their price objective on BWX Technologies from $115.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, November 14th.

Institutional Investors Weigh In On BWX Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stone House Investment Management LLC grew its position in shares of BWX Technologies by 76.2% in the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company's stock worth $25,000 after buying an additional 99 shares during the last quarter. Quent Capital LLC boosted its holdings in BWX Technologies by 147.6% in the third quarter. Quent Capital LLC now owns 255 shares of the technology company's stock valued at $28,000 after acquiring an additional 152 shares in the last quarter. UMB Bank n.a. boosted its holdings in BWX Technologies by 729.0% in the third quarter. UMB Bank n.a. now owns 257 shares of the technology company's stock valued at $28,000 after acquiring an additional 226 shares in the last quarter. Quarry LP increased its position in BWX Technologies by 93.6% during the 3rd quarter. Quarry LP now owns 271 shares of the technology company's stock valued at $29,000 after purchasing an additional 131 shares during the period. Finally, V Square Quantitative Management LLC bought a new position in BWX Technologies in the 3rd quarter worth $31,000. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Stock Up 0.2 %

Shares of BWXT traded up $0.25 during trading hours on Friday, reaching $114.78. The stock had a trading volume of 544,143 shares, compared to its average volume of 715,440. BWX Technologies has a 12 month low of $77.31 and a 12 month high of $136.31. The company has a market capitalization of $10.50 billion, a price-to-earnings ratio of 38.01, a P/E/G ratio of 4.12 and a beta of 0.73. The firm has a 50-day simple moving average of $121.70 and a 200 day simple moving average of $110.33. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its earnings results on Monday, November 4th. The technology company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.06. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. The company had revenue of $672.00 million for the quarter, compared to analyst estimates of $658.84 million. During the same quarter in the prior year, the business posted $0.67 EPS. The firm's revenue was up 13.9% compared to the same quarter last year. Equities research analysts predict that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 19th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend was Tuesday, November 19th. BWX Technologies's dividend payout ratio (DPR) is presently 31.79%.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.