BWX Technologies, Inc. (NYSE:BWXT) has received a consensus recommendation of “Buy” from the eleven brokerages that are covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $64.50.

A number of equities research analysts have recently weighed in on the stock. Robert W. Baird assumed coverage on shares of BWX Technologies in a report on Tuesday, October 24th. They set an “outperform” rating and a $70.00 price objective on the stock. Wells Fargo & Co assumed coverage on shares of BWX Technologies in a report on Monday, December 11th. They set a “market perform” rating and a $65.00 price objective on the stock. SunTrust Banks reissued a “buy” rating and set a $62.00 price objective on shares of BWX Technologies in a report on Monday, October 2nd. Zacks Investment Research lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Bank of America boosted their price objective on shares of BWX Technologies from $60.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, October 5th.

Shares of BWX Technologies (NYSE:BWXT) traded up $0.66 on Monday, hitting $62.89. 559,500 shares of the stock were exchanged, compared to its average volume of 508,356. The stock has a market capitalization of $6,251.50, a price-to-earnings ratio of 32.09, a PEG ratio of 2.40 and a beta of 0.47. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 1.59. BWX Technologies has a 12-month low of $40.22 and a 12-month high of $63.12.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, November 6th. The technology company reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. The firm had revenue of $419.36 million for the quarter, compared to analyst estimates of $420.39 million. BWX Technologies had a net margin of 11.89% and a return on equity of 88.05%. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 earnings per share. equities research analysts forecast that BWX Technologies will post 2.06 EPS for the current fiscal year.

In other BWX Technologies news, CFO David S. Black sold 1,000 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $61.88, for a total value of $61,880.00. Following the completion of the transaction, the chief financial officer now owns 62,979 shares in the company, valued at $3,897,140.52. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman John A. Fees sold 21,453 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $60.21, for a total transaction of $1,291,685.13. Following the completion of the transaction, the chairman now owns 87,919 shares of the company’s stock, valued at approximately $5,293,602.99. The disclosure for this sale can be found here. Insiders have sold 24,453 shares of company stock valued at $1,475,045 over the last 90 days. 0.76% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of the business. Van ECK Associates Corp raised its position in shares of BWX Technologies by 0.9% in the second quarter. Van ECK Associates Corp now owns 12,973 shares of the technology company’s stock worth $632,000 after acquiring an additional 122 shares during the period. Quantbot Technologies LP raised its position in shares of BWX Technologies by 11.2% in the second quarter. Quantbot Technologies LP now owns 2,453 shares of the technology company’s stock worth $119,000 after acquiring an additional 248 shares during the period. PNC Financial Services Group Inc. raised its position in shares of BWX Technologies by 6.9% in the second quarter. PNC Financial Services Group Inc. now owns 5,327 shares of the technology company’s stock worth $259,000 after acquiring an additional 345 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of BWX Technologies by 23.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,784 shares of the technology company’s stock worth $184,000 after acquiring an additional 721 shares during the period. Finally, Principal Financial Group Inc. raised its position in shares of BWX Technologies by 4.7% in the second quarter. Principal Financial Group Inc. now owns 19,462 shares of the technology company’s stock worth $949,000 after acquiring an additional 867 shares during the period. Institutional investors and hedge funds own 95.49% of the company’s stock.

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About BWX Technologies

BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.

Analyst Recommendations for BWX Technologies (NYSE:BWXT)

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