BWX Technologies (BWXT) Earning Somewhat Favorable News Coverage, Analysis Finds

News coverage about BWX Technologies (NYSE:BWXT) has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BWX Technologies earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 44.1311608884943 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Several research analysts recently commented on BWXT shares. BidaskClub cut BWX Technologies from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. SunTrust Banks reaffirmed a “buy” rating and issued a $62.00 price objective on shares of BWX Technologies in a research report on Monday, October 2nd. ValuEngine cut BWX Technologies from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Bank of America raised their price objective on BWX Technologies from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Robert W. Baird assumed coverage on BWX Technologies in a research report on Tuesday, October 24th. They issued an “outperform” rating and a $70.00 price objective for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $62.14.

Shares of BWX Technologies (NYSE BWXT) opened at $61.44 on Monday. The firm has a market capitalization of $6,107.38, a P/E ratio of 31.35, a P/E/G ratio of 2.40 and a beta of 0.47. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.81 and a current ratio of 1.81. BWX Technologies has a fifty-two week low of $39.31 and a fifty-two week high of $62.85.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Monday, November 6th. The technology company reported $0.46 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.46. The business had revenue of $419.36 million during the quarter, compared to analysts’ expectations of $420.39 million. BWX Technologies had a return on equity of 88.05% and a net margin of 11.89%. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period last year, the firm posted $0.39 EPS. analysts predict that BWX Technologies will post 2.07 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 13th. Investors of record on Monday, November 20th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, November 17th. This represents a $0.44 annualized dividend and a yield of 0.72%. BWX Technologies’s payout ratio is currently 22.45%.

In other BWX Technologies news, CFO David S. Black sold 1,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $59.93, for a total transaction of $59,930.00. Following the transaction, the chief financial officer now owns 63,979 shares in the company, valued at approximately $3,834,261.47. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman John A. Fees sold 21,453 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $60.21, for a total value of $1,291,685.13. Following the transaction, the chairman now owns 87,919 shares in the company, valued at approximately $5,293,602.99. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,453 shares of company stock valued at $1,472,495. 0.76% of the stock is currently owned by insiders.

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BWX Technologies Company Profile

BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.

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