BWX Technologies (NYSE:BWXT) Rating Increased to Strong-Buy at Northland Capmk

Key Points

• BWX Technologies has received a "strong-buy" rating from Northland Capital Markets, reflecting a positive outlook among analysts about the company's stock performance.
• The company reported earnings of $1.02 per share for the most recent quarter, exceeding analysts' expectations of $0.79, with revenues of $764 million, which is a 12.1% increase year-over-year.
• Current consensus ratings indicate a "Moderate Buy" with a target price of $160.83, while recent insider sales have seen significant stock sold by company executives.

BWX Technologies (NYSE:BWXT - Get Free Report) was upgraded by analysts at Northland Capmk to a "strong-buy" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other brokerages have also commented on BWXT. Truist Financial set a $145.00 price objective on BWX Technologies and gave the stock a "hold" rating in a research report on Tuesday, August 5th. CLSA restated an "outperform" rating and issued a $177.60 target price (up previously from $153.00) on shares of BWX Technologies in a research note on Tuesday, May 27th. William Blair reiterated an "outperform" rating on shares of BWX Technologies in a research note on Wednesday, June 18th. Wall Street Zen lowered BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Maxim Group restated a "hold" rating on shares of BWX Technologies in a research report on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $160.83.

BWX Technologies Trading Up 2.2%

NYSE:BWXT opened at $165.76 on Tuesday. BWX Technologies has a 52 week low of $84.21 and a 52 week high of $189.25. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 1.69. The stock's 50 day moving average price is $157.33 and its 200 day moving average price is $128.12. The company has a market capitalization of $15.15 billion, a P/E ratio of 51.80, a P/E/G ratio of 3.68 and a beta of 0.75.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.23. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The company had revenue of $764.00 million during the quarter, compared to analysts' expectations of $708.00 million. During the same period in the prior year, the business earned $0.82 earnings per share. BWX Technologies's revenue for the quarter was up 12.1% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, research analysts forecast that BWX Technologies will post 3.23 EPS for the current fiscal year.

Insider Buying and Selling

In other BWX Technologies news, SVP Omar Fathi Meguid sold 2,261 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total value of $406,618.24. Following the completion of the sale, the senior vice president owned 2,361 shares in the company, valued at approximately $424,602.24. This trade represents a 48.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $177.43, for a total value of $371,183.56. Following the completion of the transaction, the senior vice president owned 10,149 shares of the company's stock, valued at approximately $1,800,737.07. The trade was a 17.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 29,953 shares of company stock valued at $5,359,758 in the last 90 days. 0.47% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BWXT. Creative Financial Designs Inc. ADV raised its stake in BWX Technologies by 250.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company's stock valued at $25,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of BWX Technologies by 861.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company's stock worth $29,000 after purchasing an additional 181 shares in the last quarter. WFA of San Diego LLC bought a new stake in shares of BWX Technologies in the 2nd quarter worth $29,000. Stone House Investment Management LLC bought a new stake in shares of BWX Technologies in the 1st quarter worth $31,000. Finally, Compass Financial Services Inc bought a new stake in shares of BWX Technologies in the 1st quarter worth $33,000. Hedge funds and other institutional investors own 94.39% of the company's stock.

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.

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