BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. The Nuclear Operations Group segment provides precision naval and critical nuclear components, reactors, nuclear fuel, and assemblies for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; missile launch tubes for United States Navy submarines; close-tolerance and equipment for nuclear applications; and converts Cold War-era government stockpiles of high-enriched uranium, as well as receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; supplies research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications. The Nuclear Power Group segment offers commercial nuclear steam generators, nuclear fuel, fuel handling systems, pressure vessels, reactor components, heat exchangers, tooling delivery systems, and containers; engineering and in-plant services for nuclear power plants; designs, manufactures, commissions, and services nuclear power generation equipment; in-plant inspection, maintenance, and modification services, as well as non-destructive examination and tooling/repair solutions; and supplies medical radioisotopes and radiopharmaceuticals for research, diagnostic, and therapeutic uses. The Nuclear Services Group segment provides nuclear materials processing, environmental site restoration, and management and operating services; develops technology for nuclear power sources application; and designs, engineers, licenses, and manufactures nuclear reactors. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. BWX Technologies, Inc. was founded in 1867 and is headquartered in Lynchburg, Virginia.
BWX Technologies Stock Up 1.3 %
NYSE:BWXT traded up $0.69 during trading hours on Friday, reaching $54.56. 13,900 shares of the company traded hands, compared to its average volume of 513,852. BWX Technologies has a 12 month low of $42.58 and a 12 month high of $62.53. The company has a current ratio of 2.08, a quick ratio of 1.94 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $4.98 billion, a PE ratio of 16.08, a PEG ratio of 2.74 and a beta of 0.77. The company has a 50 day moving average of $54.00 and a two-hundred day moving average of $51.83.
BWX Technologies (NYSE:BWXT - Get Rating) last posted its quarterly earnings results on Monday, August 8th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.07. BWX Technologies had a net margin of 14.27% and a return on equity of 46.29%. The company had revenue of $554.00 million for the quarter, compared to the consensus estimate of $544.13 million. During the same period last year, the firm posted $0.62 EPS. The company's revenue for the quarter was up 9.7% on a year-over-year basis. As a group, equities analysts expect that BWX Technologies will post 3.21 earnings per share for the current year.
BWX Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 8th. Investors of record on Friday, August 19th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Thursday, August 18th. BWX Technologies's dividend payout ratio (DPR) is 26.27%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of BWX Technologies from a "hold" rating to a "buy" rating in a report on Thursday. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, BWX Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $64.00.