Weiss Ratings Reiterates "Hold (C+)" Rating for BWX Technologies (NYSE:BWXT)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C+)" rating for BWX Technologies, highlighting a mixed outlook from various analysts with some maintaining buy ratings while others adjusted their ratings down.
• BWX Technologies' recent quarterly earnings surpassed expectations, reporting an EPS of $1.02, which is significantly above the analysts' consensus estimate of $0.79.
• The stock has seen significant trading activity with a recent increase of 1.6%, reaching a price of $203.08, and has a current average target price set at $168.08.

BWX Technologies (NYSE:BWXT - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by research analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

A number of other research analysts have also commented on the company. Maxim Group reiterated a "hold" rating on shares of BWX Technologies in a research report on Wednesday, August 6th. Bank of America increased their price target on BWX Technologies from $155.00 to $220.00 and gave the company a "buy" rating in a research note on Wednesday, August 13th. Northland Securities began coverage on BWX Technologies in a research note on Wednesday, September 10th. They issued an "outperform" rating and a $205.00 price target on the stock. Wall Street Zen downgraded BWX Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Truist Financial increased their price target on BWX Technologies from $145.00 to $173.00 and gave the company a "hold" rating in a research note on Wednesday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $168.08.

BWX Technologies Trading Up 1.6%

BWXT traded up $3.16 during mid-day trading on Friday, reaching $203.08. The stock had a trading volume of 803,490 shares, compared to its average volume of 1,320,025. The stock has a market capitalization of $18.56 billion, a P/E ratio of 63.46, a P/E/G ratio of 3.97 and a beta of 0.78. 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 firm's fifty day simple moving average is $179.30 and its two-hundred day simple moving average is $147.57. BWX Technologies has a 52 week low of $84.21 and a 52 week high of $214.72.

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

Insiders Place Their Bets

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

Institutional Trading of BWX Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Financial Designs Inc. ADV raised its stake in shares of BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company's stock valued at $25,000 after purchasing an additional 125 shares during the period. Hantz Financial Services Inc. raised its stake 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 valued at $29,000 after purchasing an additional 181 shares during the period. WFA of San Diego LLC acquired a new stake in shares of BWX Technologies in the 2nd quarter valued at about $29,000. Stone House Investment Management LLC acquired a new stake in shares of BWX Technologies in the 1st quarter valued at about $31,000. Finally, Compass Financial Services Inc acquired a new stake in shares of BWX Technologies in the 1st quarter valued at about $33,000. Institutional investors and hedge funds 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.

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