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

BWX Technologies, Inc. (NYSE:BWXT) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $127.50.

A number of brokerages recently issued reports on BWXT. Maxim Group increased their price objective on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft increased their price objective on BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Bank of America increased their price objective on BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Alembic Global Advisors raised BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective for the company in a report on Tuesday, November 12th. Finally, StockNews.com lowered BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th.

BWX Technologies Stock Up 2.2 %

NYSE:BWXT opened at $121.06 on Friday. The firm has a market capitalization of $11.07 billion, a PE ratio of 40.09, a price-to-earnings-growth ratio of 3.59 and a beta of 0.73. The stock has a 50 day moving average of $121.44 and a 200-day moving average of $111.11. BWX Technologies has a 52 week low of $78.47 and a 52 week high of $136.31. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, November 4th. The technology company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.77 by $0.06. The company had revenue of $672.00 million during the quarter, compared to analyst estimates of $658.84 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.67 earnings per share. Analysts predict that BWX Technologies will post 3.23 EPS for the current year.

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 19th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.79%. BWX Technologies’s dividend payout ratio (DPR) is presently 31.79%.

Institutional Investors Weigh In On BWX Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Stone House Investment Management LLC lifted its position in shares of BWX Technologies by 76.2% during the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after acquiring an additional 99 shares during the last quarter. Quent Capital LLC lifted its position in shares of BWX Technologies by 147.6% during the 3rd quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock valued at $28,000 after acquiring an additional 152 shares during the last quarter. UMB Bank n.a. lifted its position in shares of BWX Technologies by 729.0% during the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock valued at $28,000 after acquiring an additional 226 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in BWX Technologies during the 4th quarter valued at $30,000. Finally, Quarry LP lifted its holdings in shares of BWX Technologies by 93.6% in the third quarter. Quarry LP now owns 271 shares of the technology company’s stock valued at $29,000 after purchasing an additional 131 shares in the last quarter. Institutional investors and hedge funds 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.