BWX Technologies (NYSE:BWXT) Releases Quarterly Earnings Results, Beats Estimates By $0.23 EPS

Key Points

• BWX Technologies reported $1.02 earnings per share, surpassing the consensus estimate of $0.79 by $0.23 in its quarterly earnings data.
• The company updated its FY 2025 guidance to a projected EPS range of 3.650-3.750.
• BWX Technologies declared a quarterly dividend of $0.25 per share, indicating a 0.6% dividend yield and a payout ratio of 31.85%.

BWX Technologies (NYSE:BWXT - Get Free Report) announced its quarterly earnings results on Monday. The technology company reported $1.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.23, Zacks reports. BWX Technologies had a return on equity of 31.34% and a net margin of 10.28%. The firm had revenue of $764.00 million for the quarter, compared to the consensus estimate of $708.00 million. During the same quarter in the previous year, the business earned $0.82 earnings per share. The business's revenue was up 12.1% compared to the same quarter last year. BWX Technologies updated its FY 2025 guidance to 3.650-3.750 EPS.

BWX Technologies Stock Down 1.2%

NYSE:BWXT traded down $2.11 during trading hours on Wednesday, hitting $179.89. 1,006,678 shares of the stock traded hands, compared to its average volume of 1,121,881. The firm has a market cap of $16.43 billion, a price-to-earnings ratio of 56.32, a PEG ratio of 3.90 and a beta of 0.73. The firm has a 50 day moving average price of $140.58 and a 200 day moving average price of $118.36. 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 has a fifty-two week low of $84.21 and a fifty-two week high of $189.25.

BWX Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Monday, August 18th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. BWX Technologies's payout ratio is currently 31.85%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $150.00 price objective (up previously from $119.00) on shares of BWX Technologies in a research note on Tuesday, July 8th. William Blair reissued an "outperform" rating on shares of BWX Technologies in a research report on Wednesday, June 18th. CLSA restated an "outperform" rating and set a $177.60 price target (up from $153.00) on shares of BWX Technologies in a report on Tuesday, May 27th. Truist Financial set a $145.00 price target on BWX Technologies and gave the stock a "hold" rating in a report on Tuesday. Finally, Wall Street Zen raised BWX Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, July 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, BWX Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $142.37.

Institutional Trading of BWX Technologies

An institutional investor recently raised its position in BWX Technologies stock. Goldman Sachs Group Inc. boosted its position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 0.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,680 shares of the technology company's stock after purchasing an additional 371 shares during the period. Goldman Sachs Group Inc. owned 0.16% of BWX Technologies worth $13,977,000 at the end of the most recent quarter. 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.