BWX Technologies (NYSE:BWXT) Posts Earnings Results, Beats Estimates By $0.18 EPS

BWX Technologies (NYSE:BWXT - Get Free Report) issued its quarterly earnings results on Monday. The technology company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.18, Zacks reports. The firm had revenue of $682.26 million during 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%. BWX Technologies's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the company earned $0.76 EPS. BWX Technologies updated its FY 2025 guidance to 3.400-3.550 EPS.

BWX Technologies Trading Up 1.5 %

NYSE BWXT traded up $1.66 during trading hours on Thursday, hitting $109.42. 441,423 shares of the company were exchanged, compared to its average volume of 790,840. The stock has a 50-day moving average price of $102.08 and a 200 day moving average price of $112.89. The stock has a market cap of $10.00 billion, a PE ratio of 36.23, a price-to-earnings-growth ratio of 3.20 and a beta of 0.66. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. BWX Technologies has a 52 week low of $84.21 and a 52 week high of $136.31.

BWX Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, May 19th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.00 annualized dividend and a yield of 0.91%. BWX Technologies's dividend payout ratio (DPR) is presently 31.85%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Maxim Group lifted their price objective on BWX Technologies from $138.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Bank of America cut their price target on shares of BWX Technologies from $160.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, March 26th. Truist Financial raised their price target on BWX Technologies from $106.00 to $114.00 and gave the stock a "hold" rating in a research report on Tuesday, January 14th. Finally, Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $124.38.

Insiders Place Their Bets

In related news, SVP Robert L. Duffy sold 6,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $104.03, for a total value of $624,180.00. Following the completion of the sale, the senior vice president now owns 3,206 shares in the company, valued at approximately $333,520.18. This trade represents a 65.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rex D. Geveden sold 45,625 shares of BWX Technologies stock in a transaction dated 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 sale, the chief executive officer now directly owns 218,218 shares of the company's stock, valued at $23,436,613.20. This trade represents a 17.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 53,625 shares of company stock worth $5,734,145 in the last three months. Corporate insiders own 0.47% 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.