BWX Technologies (NYSE:BWXT) Announces Quarterly Earnings Results, Beats Expectations By $0.18 EPS

BWX Technologies (NYSE:BWXT - Get Free Report) issued its earnings results on Monday. The technology company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.18, Zacks reports. The company had revenue of $682.26 million for the quarter, compared to analyst estimates of $644.15 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The business's revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.76 EPS. BWX Technologies updated its FY 2025 guidance to 3.400-3.550 EPS.

BWX Technologies Stock Performance

Shares of BWXT traded up $0.51 during mid-day trading on Friday, hitting $108.46. The company's stock had a trading volume of 899,871 shares, compared to its average volume of 794,461. BWX Technologies has a one year low of $84.21 and a one year high of $136.31. The stock's 50-day moving average is $102.36 and its two-hundred day moving average is $112.58. The firm has a market capitalization of $9.91 billion, a PE ratio of 35.91, a price-to-earnings-growth ratio of 3.20 and a beta of 0.66. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25.

BWX Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.92%. BWX Technologies's dividend payout ratio (DPR) is presently 31.85%.

Insider Activity at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 45,625 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $107.40, for a total value of $4,900,125.00. Following the completion of the transaction, the chief executive officer now owns 218,218 shares of the company's stock, valued at $23,436,613.20. This represents a 17.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Robert L. Duffy sold 6,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $104.03, for a total value of $624,180.00. Following the sale, the senior vice president now directly owns 3,206 shares in the company, valued at $333,520.18. The trade was a 65.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 53,625 shares of company stock worth $5,734,145 in the last ninety days. 0.47% of the stock is currently owned by insiders.

Analysts Set New Price Targets

BWXT has been the topic of several recent research reports. Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research report on Tuesday, April 1st. Maxim Group cut their price target on shares of BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a report on Thursday. Truist Financial upped their price objective on shares of BWX Technologies from $106.00 to $114.00 and gave the stock a "hold" rating in a report on Tuesday, January 14th. Finally, Bank of America cut their target price on BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, March 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $123.88.

About BWX Technologies

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.