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

BWX Technologies, Inc. (NYSE:BWXT) has been assigned a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $127.50.

A number of brokerages recently issued reports on BWXT. Alembic Global Advisors upgraded BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target for the company in a research report on Tuesday, November 12th. Bank of America lifted their target price on BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. StockNews.com downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft lifted their target price on BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, Truist Financial lifted their target price on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, January 14th.

BWX Technologies Trading Down 0.5 %

Shares of BWXT opened at $112.34 on Tuesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25. BWX Technologies has a 1 year low of $81.66 and a 1 year high of $136.31. The company has a 50 day simple moving average of $119.14 and a two-hundred day simple moving average of $113.15. The firm has a market cap of $10.27 billion, a P/E ratio of 37.20, a price-to-earnings-growth ratio of 3.45 and a beta of 0.73.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, November 4th. The technology company reported $0.83 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $658.84 million. During the same period last year, the firm posted $0.67 earnings per share. BWX Technologies’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, equities analysts expect that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BWXT. Stone House Investment Management LLC raised its stake 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 worth $25,000 after buying an additional 99 shares during the period. Quent Capital LLC grew its holdings in BWX Technologies by 147.6% in the 3rd quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock valued at $28,000 after buying an additional 152 shares in the last quarter. UMB Bank n.a. grew its holdings in BWX Technologies by 729.0% in the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock valued at $28,000 after buying an additional 226 shares in the last quarter. Quarry LP grew its holdings in BWX Technologies by 93.6% in the 3rd quarter. Quarry LP now owns 271 shares of the technology company’s stock valued at $29,000 after buying an additional 131 shares in the last quarter. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of BWX Technologies during the 4th quarter worth $30,000. 94.39% of the stock is owned by institutional investors and hedge funds.

About BWX Technologies

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.