BWX Technologies, Inc. (NYSE:BWXT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of BWX Technologies, Inc. (NYSE:BWXT) have received an average recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, seven have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $183.5750.

BWXT has been the subject of a number of recent analyst reports. Northland Securities set a $225.00 price target on BWX Technologies in a research note on Tuesday, November 4th. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Truist Financial increased their target price on shares of BWX Technologies from $173.00 to $200.00 and gave the stock a “hold” rating in a report on Tuesday, November 4th. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of BWX Technologies and gave the company a “hold” rating in a research report on Wednesday, October 8th.

BWX Technologies Stock Up 0.7%

NYSE:BWXT opened at $197.00 on Thursday. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. BWX Technologies has a 12-month low of $84.21 and a 12-month high of $218.50. The stock’s fifty day simple moving average is $189.55 and its 200-day simple moving average is $157.30. The firm has a market capitalization of $18.01 billion, a P/E ratio of 61.56, a P/E/G ratio of 4.24 and a beta of 0.78.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The business had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. During the same quarter in the prior year, the company posted $0.83 earnings per share. The firm’s revenue was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities research analysts expect that BWX Technologies will post 3.23 earnings per share for the current year.

BWX Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, November 19th. BWX Technologies’s dividend payout ratio is 30.03%.

Hedge Funds Weigh In On BWX Technologies

Several institutional investors and hedge funds have recently modified their holdings of BWXT. Creative Financial Designs Inc. ADV raised its holdings in BWX Technologies by 250.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of BWX Technologies by 861.9% in the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after buying an additional 181 shares during the period. WFA of San Diego LLC bought a new stake in shares of BWX Technologies during the second quarter worth $29,000. Stone House Investment Management LLC acquired a new stake in shares of BWX Technologies during the first quarter worth $31,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of BWX Technologies during the third quarter worth $32,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

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.