BWX Technologies (BWXT) Scheduled to Post Earnings on Monday

BWX Technologies (NYSE:BWXT - Get Free Report) is set to post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect BWX Technologies to post earnings of $0.77 per share for the quarter. BWX Technologies has set its FY24 guidance at $3.10-$3.20 EPS and its FY 2024 guidance at 3.100-3.200 EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

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 for the quarter, beating analysts' consensus estimates of $0.76 by $0.06. BWX Technologies had a return on equity of 31.93% and a net margin of 10.29%. The company had revenue of $681.50 million for the quarter, compared to analysts' expectations of $639.31 million. During the same period last year, the firm earned $0.65 earnings per share. BWX Technologies's quarterly revenue was up 11.3% on a year-over-year basis. On average, analysts expect BWX Technologies to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

BWX Technologies Stock Up 0.6 %

BWX Technologies stock traded up $0.78 during midday trading on Monday, reaching $123.81. The company's stock had a trading volume of 994,358 shares, compared to its average volume of 603,637. The business has a 50-day simple moving average of $108.61 and a 200-day simple moving average of $99.19. The company has a market cap of $11.32 billion, a P/E ratio of 44.70, a P/E/G ratio of 4.25 and a beta of 0.71. BWX Technologies has a fifty-two week low of $72.91 and a fifty-two week 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.

BWX Technologies Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price objective on BWX Technologies from $113.00 to $129.00 and gave the stock a "buy" rating in a report on Thursday, October 3rd. StockNews.com raised BWX Technologies from a "hold" rating to a "buy" rating in a report on Tuesday, August 6th. Finally, Barclays lowered BWX Technologies from an "equal weight" rating to an "underweight" rating and raised their price objective for the stock from $75.00 to $90.00 in a report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $104.86.

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.