BWX Technologies, Inc. (NYSE:BWXT) Given Consensus Rating of "Moderate Buy" by Analysts

BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) has received an average recommendation of "Moderate Buy" from the eight analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $104.86.

Several equities analysts have recently weighed in on BWXT shares. StockNews.com upgraded BWX Technologies from a "hold" rating to a "buy" rating in a research report on Tuesday, August 6th. Barclays lowered BWX Technologies from an "equal weight" rating to an "underweight" rating and lifted their target price for the company from $75.00 to $90.00 in a report on Wednesday, July 24th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of BWX Technologies from $113.00 to $129.00 and gave the company a "buy" rating in a research report on Thursday, October 3rd.

BWX Technologies Stock Performance

BWXT traded up $0.66 during trading hours on Friday, hitting $123.03. The stock had a trading volume of 576,463 shares, compared to its average volume of 601,734. The stock has a market cap of $11.25 billion, a PE ratio of 44.42, a price-to-earnings-growth ratio of 4.25 and a beta of 0.71. BWX Technologies has a 1 year low of $72.91 and a 1 year high of $128.00. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 1.21. The company's fifty day simple moving average is $108.12 and its 200 day simple moving average is $99.00.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The technology company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. BWX Technologies had a net margin of 10.29% and a return on equity of 31.93%. The company had revenue of $681.50 million for the quarter, compared to analyst estimates of $639.31 million. During the same quarter in the previous year, the firm posted $0.65 earnings per share. The company's quarterly revenue was up 11.3% compared to the same quarter last year. Equities analysts anticipate that BWX Technologies will post 3.2 earnings per share for the current year.

BWX Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Friday, August 16th were paid a $0.24 dividend. The ex-dividend date was Friday, August 16th. This represents a $0.96 dividend on an annualized basis and a yield of 0.78%. BWX Technologies's dividend payout ratio is presently 34.66%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. lifted its position in BWX Technologies by 17.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 119,139 shares of the technology company's stock worth $12,950,000 after buying an additional 17,592 shares during the last quarter. State of Alaska Department of Revenue raised its stake in shares of BWX Technologies by 1.4% during the third quarter. State of Alaska Department of Revenue now owns 50,683 shares of the technology company's stock worth $5,509,000 after acquiring an additional 720 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of BWX Technologies by 3.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,276 shares of the technology company's stock worth $791,000 after acquiring an additional 225 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of BWX Technologies by 20.7% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 8,913 shares of the technology company's stock valued at $969,000 after purchasing an additional 1,529 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of BWX Technologies during the 3rd quarter valued at $136,780,000. Institutional investors own 94.39% of the company's stock.

About BWX Technologies

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.