BWX Technologies, Inc. (NYSE:BWXT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of BWX Technologies, Inc. (NYSE:BWXT) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $124.57.

A number of research firms have commented on BWXT. Barclays lifted their price objective on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a report on Monday, December 16th. Bank of America boosted their price target on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Truist Financial boosted their target price on shares of BWX Technologies from $95.00 to $106.00 and gave the company a “hold” rating in a research report on Tuesday, November 5th. Finally, StockNews.com lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th.

BWX Technologies Trading Down 0.8 %

BWXT stock opened at $114.26 on Friday. BWX Technologies has a 52 week low of $75.50 and a 52 week high of $136.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25. The company’s 50-day simple moving average is $121.85 and its 200 day simple moving average is $110.30. The company has a market capitalization of $10.45 billion, a PE ratio of 37.83, a price-to-earnings-growth ratio of 4.12 and a beta of 0.73.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, November 4th. The technology company reported $0.83 earnings per share (EPS) 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 firm 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 business’s revenue was up 13.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that BWX Technologies will post 3.23 earnings per share for the current year.

BWX Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 19th were paid a $0.24 dividend. The ex-dividend date was Tuesday, November 19th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.84%. BWX Technologies’s payout ratio is currently 31.79%.

Institutional Trading of BWX Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of BWXT. Stone House Investment Management LLC grew its holdings in shares of BWX Technologies by 76.2% during the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock worth $25,000 after purchasing an additional 99 shares during the last quarter. Quent Capital LLC boosted its position in BWX Technologies by 147.6% during the 3rd quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock worth $28,000 after buying an additional 152 shares during the period. UMB Bank n.a. grew its holdings in BWX Technologies by 729.0% during the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock worth $28,000 after acquiring an additional 226 shares during the last quarter. Quarry LP grew its holdings in BWX Technologies by 93.6% during the 3rd quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after acquiring an additional 131 shares during the last quarter. Finally, V Square Quantitative Management LLC acquired a new position in BWX Technologies in the 3rd quarter valued at approximately $31,000. Institutional investors own 94.39% of the company’s stock.

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.