Babcock Company Profile (NYSE:BW)

Babcock trades on the New York Stock Exchange (NYSE) under the ticker symbol "BW."

Babcock (NYSE:BW) released its earnings results on Wednesday, August, 9th. The company reported ($2.63) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $2.68. The firm had revenue of $349.80 million for the quarter, compared to the consensus estimate of $434.34 million. Babcock had a negative return on equity of 35.95% and a negative net margin of 14.41%. The company's revenue was down 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.20) EPS. View Babcock's Earnings History.

Babcock is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Babcock.

3 equities research analysts have issued twelve-month price targets for Babcock's stock. Their forecasts range from $3.70 to $9.00. On average, they anticipate Babcock's share price to reach $6.35 in the next year. View Analyst Ratings for Babcock.

Here are some recent quotes from research analysts about Babcock stock:

• 1. According to Zacks Investment Research, "Babcock & Wilcox Enterprises, Inc. offers energy technology and services primarily for the nuclear, fossil and renewable power markets as well as a premier advanced technology and mission critical defense contractor. Babcock & Wilcox Enterprises, Inc. is headquartered in Charlotte, N.C. " (8/14/2017)
• 2. UBS AG analysts commented, "BW had a challenging Q4, as previously disclosed execution issues on a renewable plant in Europe worsened and spilled over to other European projects. It is our understanding that BW shifted managers to the troubled project, which then led to weak execution in other areas. New management was brought in, and 2017 guidance now reflects European renewables projects that are expected to be completed at a lower margin/or losses, depending on the project. Looking forward, we see value beyond the 2017 transition, as we forecast earnings to rebound in 2018, driven by expected normalizing execution in renewables, growth in industrial exposure, and a steadying in the coal business." (3/3/2017)

Babcock saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 4,665,487 shares, an increase of 47.8% from the August 15th total of 3,155,789 shares. Based on an average trading volume of 5,035,288 shares, the short-interest ratio is currently 0.9 days. Currently, 10.6% of the shares of the stock are short sold.

Some companies that are related to Babcock include Kopin Corporation (KOPN), GRIDSUM HOLDING (GSUM), MobileIron (MOBL), RigNet (RNET), Bel Fuse (BELFB), Gilat Satellite Networks (GILT), Mitek Systems (MITK), American Software (AMSWA), QuinStreet (QNST), ChannelAdvisor Corporation (ECOM), TechTarget (TTGT), ServiceSource International (SREV), Yatra Online (YTRA), Telenav (TNAV), IDI (COGT), USA Technologies (USAT), MeetMe (MEET) and Global Eagle Entertainment (ENT).

Babcock's management team includes the folowing people:

• E. James Ferland, Chairman of the Board, Chief Executive Officer
• Jenny L. Apker, Chief Financial Officer, Senior Vice President
• J. Andre Hall, Senior Vice President, General Counsel and Corporate Secretary
• Mark A. Carano, Senior Vice President - Corporate Development ,Treasurer
• Elias Gedeon, Senior Vice President and Chief Business Development Officer
• Leslie C. Kass, Senior Vice President - Industrial Segment
• Mark S. Low, Senior Vice President - Power
• Jimmy B. Morgan, Senior Vice President - Renewable
• James J. Muckley, Senior Vice President - Operations
• Francesco Racheli, Senior Vice President - Babcock & Wilcox SPIG

Babcock's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.67%), Dimensional Fund Advisors LP (4.60%), New York State Common Retirement Fund (3.14%), Teachers Advisors LLC (2.77%), Deroy & Devereaux Private Investment Counsel Inc. (2.52%) and Boston Partners (2.36%). Company insiders that own Babcock stock include E James Ferland Jr, Harbour Group LP Blue, Jenny L Apker, Larry L Weyers, Thomas A Christopher and Vintage Capital Management Llc. View Institutional Ownership Trends for Babcock.

Babcock's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Royal Bank of Canada, State of New Jersey Common Pension Fund D, Boston Partners, Goldman Sachs Group Inc., Menta Capital LLC, LSV Asset Management and Kestrel Investment Management Corp. View Insider Buying and Selling for Babcock.

Babcock's stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Great Lakes Advisors LLC, Deroy & Devereaux Private Investment Counsel Inc., Vanguard Group Inc., Ameriprise Financial Inc., New York State Common Retirement Fund, Dimensional Fund Advisors LP and Schwab Charles Investment Management Inc.. Company insiders that have bought Babcock stock in the last two years include E James Ferland Jr, Jenny L Apker, Larry L Weyers, Thomas A Christopher and Vintage Capital Management Llc. View Insider Buying and Selling for Babcock.

Shares of Babcock can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Babcock stock can currently be purchased for approximately $3.57.