The Insider Activity Of Babcock & Wilcox Enterprises Inc. (BW) Is Worth Monitoring

Babcock & Wilcox Enterprises Inc. (NYSE:BW) finished Friday with a subtraction of -$0.04 to close at $6.50, a downside of -0.61 percent. An average of 452,400 shares of common stock have been traded in the last five days. There was a gain of $0.20 in the past week, and it reached a new high 25 times over the past 12 months. The last 20 days have seen an average of 767,435 shares traded, while the 50-day average volume stands at 822,764.

BW stock has increased by 3.01% in the last month. The company shares reached their 1-month lowest point of $5.98 on 10/11/21. With the stock rallying to its 52-week high on 04/01/21, shares of the company touched a low of $2.11 and a high of $9.90 in 52 weeks. It has reached a new high 21 times so far this year and achieved 85.19% or $2.99 in price. In spite of this, the price is down -34.34% from the 52-week high.


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Insider Transactions

59 days have passed since Babcock & Wilcox Enterprises Inc. (BW) last reported insider trading activity. Dziewisz John J, who is SVP & Corp. Secy., most recently acquired $9,200 shares at $7.92 per share on Aug 25. In this transaction, the insider spent $72,864. SVP & Corp. Secy., Dziewisz John J, disposed of 25,000 shares at a price of $7.18 on Aug 17. The insider now owns more than $179,575 worth of shares. Prior to that, 10% Owner Vintage Capital Management LLC went on to Sale 10,720,785 shares at $6.04 each on Mar 25. An amount of $64,753,541 was transacted.

Valuation Metrics

Babcock & Wilcox Enterprises Inc. (BW) has a trailing price-to-earnings (P/E) ratio of 10.82, which compares with the 20.30 for the broader industry and 29.83 for the sector. In the last five years, Babcock & Wilcox Enterprises Inc.’s PE ratio has ranged between 57.06 and 10.36. The stock’s beta is 2.75. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.85.

The quick ratio of Babcock & Wilcox Enterprises Inc. for the three months ended June 29 was 1.60, and the current ratio was 1.90, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $165.85 million compared to revenue of $566.32 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Babcock & Wilcox Enterprises Inc.’s return on assets was 4.40%.

Earnings Surprise

For the three-month period that ended June 29, Babcock & Wilcox Enterprises Inc. had $168.36 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.4 million in the quarter, while revenues of -$15.46 million were grew 1392.86%. The analyst consensus anticipated Babcock & Wilcox Enterprises Inc.’s latest quarter earnings to come in at $0.04 per share, but it turned out to be $0.02, a -50.00% surprise. For the quarter, EBITDA amounted to $8.44 million. Shareholders own equity worth $85.82 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Babcock & Wilcox Enterprises Inc. (BW) price momentum. RSI 9-day as of the close on 22 October was 54.12%, suggesting the stock is Neutral, with historical volatility in this time frame at 23.10%.

As of today, BW’s price is $6.52 +3.17% or $0.20 from its 5-day moving average. BW is currently trading +7.79% higher than its 20-day SMA and -29.58% lower than its 100-day SMA. However, the stock’s current price level is -14.47% below the SMA50 and +79.06% above the SMA200.

The stochastic %K and %D were 52.54% and 48.00%, respectively, and the average true range (ATR) was 0.32. With the 14-day stochastic at 58.43% and the average true range at 0.33, the RSI (14) stands at 50.79%. The stock has reached 0.15 on the 9-day MACD Oscillator while the 14-day reading was at 0.19.

Analyst Ratings

Lake Street launched coverage on Babcock & Wilcox Enterprises Inc. (NYSE: BW) in its analyst report released on March 25, 2021. The firm assigned the stock a a Buy rating.

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