News coverage about BWX Technologies (NYSE:BWXT) has trended somewhat positive on Friday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BWX Technologies earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.8987761555585 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of NYSE BWXT traded down $0.12 during mid-day trading on Friday, hitting $62.83. The stock had a trading volume of 6,261 shares, compared to its average volume of 545,755. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 1.37. BWX Technologies has a 1 year low of $48.48 and a 1 year high of $72.18. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 30.64, a PEG ratio of 2.24 and a beta of 0.48.
Get BWX Technologies alerts:BWX Technologies (NYSE:BWXT) last issued its earnings results on Friday, May 4th. The technology company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. BWX Technologies had a net margin of 9.24% and a return on equity of 72.41%. The company had revenue of $457.00 million for the quarter, compared to the consensus estimate of $447.20 million. During the same period in the previous year, the firm earned $0.55 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. equities research analysts anticipate that BWX Technologies will post 2.56 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 6th. Investors of record on Friday, May 18th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Thursday, May 17th. BWX Technologies’s payout ratio is 31.22%.
Several research firms have commented on BWXT. ValuEngine raised shares of BWX Technologies from a “buy” rating to a “strong-buy” rating in a research note on Thursday, April 19th. SunTrust Banks lifted their price target on shares of BWX Technologies to $89.00 and gave the stock a “buy” rating in a research note on Friday, May 4th. Barclays began coverage on shares of BWX Technologies in a research note on Thursday, March 29th. They set an “underweight” rating and a $62.00 price target on the stock. Drexel Hamilton reissued a “buy” rating and set a $78.00 price target on shares of BWX Technologies in a research note on Thursday, June 21st. Finally, Credit Suisse Group decreased their price target on shares of BWX Technologies from $72.00 to $64.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 22nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $71.78.
In related news, insider Joseph G. Henry sold 7,774 shares of BWX Technologies stock in a transaction on Friday, June 8th. The shares were sold at an average price of $66.60, for a total value of $517,748.40. Following the sale, the insider now owns 10,639 shares in the company, valued at $708,557.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO David S. Black sold 1,000 shares of BWX Technologies stock in a transaction on Wednesday, April 11th. The shares were sold at an average price of $65.10, for a total transaction of $65,100.00. Following the completion of the sale, the chief financial officer now owns 70,874 shares in the company, valued at approximately $4,613,897.40. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,774 shares of company stock worth $717,388. 0.76% of the stock is owned by insiders.
BWX Technologies Company Profile
BWX Technologies, Inc manufactures and sells nuclear components to the United States government. The company operates in three segments: Nuclear Operations, Technical Services, and Nuclear Energy. The Nuclear Operations segment offers precision naval nuclear components and reactors; close-tolerance and equipment for nuclear applications; and components for defense applications, as well as critical nuclear components, fuels, and assemblies for government and other uses.
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