BWX Technologies, Inc. (NYSE:BWXT) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $135.09.

BWXT has been the topic of several research reports. Wall Street Zen downgraded shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, June 21st. CLSA restated an "outperform" rating and set a $177.60 price objective (up previously from $153.00) on shares of BWX Technologies in a report on Tuesday, May 27th. William Blair restated an "outperform" rating on shares of BWX Technologies in a report on Wednesday, June 18th. Maxim Group lowered their price objective on shares of BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Finally, Bank of America lowered their price objective on shares of BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, March 26th.

BWX Technologies Stock Up 0.7%

NYSE BWXT traded up $0.95 on Friday, hitting $143.86. 823,259 shares of the company were exchanged, compared to its average volume of 917,017. The company has a market cap of $13.14 billion, a PE ratio of 45.82, a PEG ratio of 3.59 and a beta of 0.70. BWX Technologies has a 12 month low of $84.21 and a 12 month high of $146.38. The stock has a fifty day moving average of $125.94 and a 200-day moving average of $113.82. The company has a current ratio of 2.02, a quick ratio of 1.91 and a debt-to-equity ratio of 1.08.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its earnings results on Monday, May 5th. The technology company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.18. The business had revenue of $682.26 million for the quarter, compared to analyst estimates of $644.15 million. BWX Technologies had a net margin of 10.39% and a return on equity of 30.26%. BWX Technologies's revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 earnings per share. As a group, analysts forecast that BWX Technologies will post 3.23 earnings per share for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were issued a $0.25 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.00 annualized dividend and a dividend yield of 0.70%. BWX Technologies's dividend payout ratio is currently 31.85%.

Institutional Trading of BWX Technologies

A number of large investors have recently added to or reduced their stakes in BWXT. Stone House Investment Management LLC bought a new position in BWX Technologies during the first quarter worth about $31,000. Compass Financial Services Inc bought a new position in BWX Technologies during the first quarter worth about $33,000. Ameriflex Group Inc. bought a new position in BWX Technologies during the fourth quarter worth about $34,000. MassMutual Private Wealth & Trust FSB boosted its position in BWX Technologies by 200.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company's stock worth $35,000 after purchasing an additional 236 shares during the period. Finally, HHM Wealth Advisors LLC boosted its position in BWX Technologies by 34.5% during the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company's stock worth $38,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 94.39% of the company's stock.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.