BWX Technologies (NYSE:BWXT) Upgraded by Zacks Research to “Strong-Buy” Rating

BWX Technologies (NYSE:BWXTGet Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other equities research analysts also recently commented on BWXT. BNP Paribas Exane raised shares of BWX Technologies to a “hold” rating in a research note on Thursday, January 15th. Northland Securities set a $225.00 price objective on shares of BWX Technologies in a research report on Tuesday, November 4th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. CJS Securities raised BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Finally, Exane BNP Paribas upgraded BWX Technologies to a “hold” rating in a report on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, BWX Technologies has a consensus rating of “Moderate Buy” and an average target price of $199.20.

Check Out Our Latest Analysis on BWX Technologies

BWX Technologies Stock Down 1.5%

Shares of NYSE:BWXT opened at $206.33 on Wednesday. The company has a 50 day moving average of $184.15 and a 200-day moving average of $177.90. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62. The stock has a market cap of $18.86 billion, a price-to-earnings ratio of 61.96, a P/E/G ratio of 3.37 and a beta of 0.86. BWX Technologies has a one year low of $84.21 and a one year high of $220.57.

BWX Technologies (NYSE:BWXTGet Free Report) last released its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.15. The business had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The firm’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, sell-side analysts forecast that BWX Technologies will post 3.23 earnings per share for the current year.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the sale, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This trade represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.47% of the stock is currently owned by corporate insiders.

Institutional Trading of BWX Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of BWXT. Goldman Sachs Group Inc. boosted its holdings in shares of BWX Technologies by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after acquiring an additional 371 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of BWX Technologies during the first quarter valued at about $304,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of BWX Technologies during the second quarter worth about $749,000. GAMMA Investing LLC increased its position in BWX Technologies by 29.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,071 shares of the technology company’s stock valued at $298,000 after acquiring an additional 473 shares during the period. Finally, Ballentine Partners LLC bought a new stake in shares of BWX Technologies in the 2nd quarter valued at $275,000. Institutional investors own 94.39% of the company’s stock.

About BWX Technologies

(Get Free Report)

BWX Technologies, Inc (NYSE: BWXT) is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company’s core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.

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