So Far This Year, BWX Technologies Inc. (BWXT) Reached A New High 1 time

As of Friday close, BWX Technologies Inc.’s (NYSE:BWXT) stock was up $0.47, moving up 0.66 percent to $71.46. The average number of shares traded per day over the past five days has been 504,520 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.99 fall in that time frame. In the last twenty days, the average volume was 682,900, while in the previous 50 days, it was 1,013,774.

Since last month, BWXT stock rose 1.58%. Shares of the company fell to $67.91 on 07/27/23, the lowest level in the past month. A 52-week high of $76.26 was reached on 08/07/23 after having rallying from a 52-week low of $49.13. Since the beginning of this year, BWXT’s stock price has risen by 23.04% or $13.38, and marked a new high 33 times. However, the stock has declined by -6.29% since its 52-week high.

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BWXT stock investors should be aware that BWX Technologies Inc. (BWXT) stock had its last reported insider trading activity 5 days ago on Aug 14. Burbach Gerhard F, the Director of the company, disposed of 1,000 shares for $74.07 on Aug 14. It resulted in a $74,070 divestment by the insider.

Valuation Metrics

Right now, BWX Technologies Inc. (BWXT) has a P/E ratio of about 29.24. The stock’s beta is 0.83. Besides these, the trailing price-to-sales (P/S) ratio of 2.79, the price-to-book (PB) ratio of 7.78, and the price-to-cash flow ratio of 96.51 may also be considered.

The latest dividend of $0.23 per share was paid out, remained unchanged from last year’s $0.23. On Thursday February 23 2023, a $0.01 dividend increase was announced.

Financial Health

In the three months ended June 29, BWX Technologies Inc.’s quick ratio stood at 2.30, while its current ratio was 2.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.58, and the total debt-to-equity ratio was 1.59. On the profitability front, the trailing twelve-month gross margin is 24.20% percent. In the year ended June 29, EBITDA margin amounted to 17.14%, whereas operating margins totaled 15.30%. Based on annual data, BWXT earned $551.93 million in gross profit and brought in $2.23 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.90%. Return on equity (ROE) for the past 12 months was 29.00%.

In BWX Technologies Inc.’s quarter-end financial report for June 29, it reported total debt of $1.33 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BWXT’s revenue rose 9.51% to $568.36 million during the quarter, while net income inched up to $612.45 million. While analysts expected BWX Technologies Inc. to report $0.59 quarterly earnings, the actual figure was $0.65 per share, beating the consensus estimate by 10.20%. During the quarter, the company generated $118.62 million in EBITDA. The liabilities of BWX Technologies Inc. were 1.9 billion at the end of its most recent quarter ended June 29, and its total debt was $1.34 billion. The value of shareholders’ equity is $91.47 million.

Technical Picture

This quick technical analysis looks at BWX Technologies Inc.’s (BWXT) price momentum. With a historical volatility rate of 19.37%, the RSI 9-day stood at 47.19% on 18 August.

With respect to its five-day moving average, the current BWX Technologies Inc. price is down by -2.71% percent or -$1.99. At present, BWXT shares trade +1.38% above its 20-day simple moving average and +16.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.24% above its SMA50 and +25.41% above its SMA200.

Stochastic coefficient K was 42.25% and Stochastic coefficient D was 51.93%, while ATR was 1.49. Given the Stochastic reading of 40.78% for the 14-day period, the RSI (14) reading has been calculated as 50.73%. As of today, the MACD Oscillator reading stands at -1.19, while the 14-day reading stands at -0.66.

Analyst Ratings

Robert W. Baird upgraded its rating on BWX Technologies Inc. (NYSE: BWXT) to an Outperform in a note to investors on August 04, 2023. The analysts firm previously had a Neutral rating on the stock.BWX Technologies Inc. (BWXT) has been rated Overweight by analysts. According to 0 brokerage firms, BWXT is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate BWX Technologies Inc. stock as buy, with 5 recommending it as overweight.

With a median target price of $83.00, the current consensus forecast for the stock is $75.00 – $85.00. Based on these forecasts, analysts predict BWX Technologies Inc. (BWXT) will achieve an average price target of $81.00.

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