BWX Technologies (BWXT) Scheduled to Post Earnings on Monday

BWX Technologies (NYSE:BWXT) will be posting 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.Persons interested in participating in the company’s earnings conference call can do so using this link.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, August 5th. The technology company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The business had revenue of $681.50 million for the quarter, compared to the consensus estimate of $639.31 million. BWX Technologies had a return on equity of 31.93% and a net margin of 10.29%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the business earned $0.65 earnings per share. 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 Trading Up 0.7 %

BWX Technologies stock opened at $122.58 on Friday. The business has a 50 day moving average price of $110.45 and a two-hundred day moving average price of $99.94. 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 has a 12 month low of $74.62 and a 12 month high of $128.00. The stock has a market cap of $11.20 billion, a price-to-earnings ratio of 41.98, a price-to-earnings-growth ratio of 4.49 and a beta of 0.71.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Friday, August 16th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend 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 currently 32.88%.

Analyst Ratings Changes

A number of equities analysts have recently commented on BWXT shares. Barclays downgraded shares of 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. StockNews.com upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on BWX Technologies from $113.00 to $129.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, BWX Technologies currently has a consensus 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.