BWX Technologies Inc (NYSE:BWXT) CFO David S. Black sold 1,000 shares of BWX Technologies stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $64.44, for a total value of $64,440.00. Following the completion of the sale, the chief financial officer now owns 71,874 shares of the company’s stock, valued at $4,631,560.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
BWX Technologies Inc (BWXT) traded down $0.99 during trading on Monday, hitting $64.61. The company’s stock had a trading volume of 255,239 shares, compared to its average volume of 464,076. The company has a market cap of $6,420.00, a P/E ratio of 43.95, a P/E/G ratio of 2.32 and a beta of 0.51. BWX Technologies Inc has a 1-year low of $45.79 and a 1-year high of $65.82. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.68.
BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Tuesday, February 27th. The technology company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.01. The business had revenue of $430.14 million during the quarter, compared to the consensus estimate of $451.18 million. BWX Technologies had a return on equity of 77.24% and a net margin of 8.76%. equities research analysts forecast that BWX Technologies Inc will post 2.53 EPS for the current fiscal year.
Several equities research analysts recently commented on BWXT shares. ValuEngine downgraded BWX Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research downgraded BWX Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. Wells Fargo & Co started coverage on BWX Technologies in a report on Monday, December 11th. They issued a “market perform” rating and a $65.00 price objective for the company. Alembic Global Advisors reiterated a “buy” rating on shares of BWX Technologies in a report on Tuesday, March 6th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $70.00 price objective on shares of BWX Technologies in a report on Friday, January 19th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. BWX Technologies currently has an average rating of “Buy” and an average price target of $65.88.
Several institutional investors have recently added to or reduced their stakes in BWXT. Captrust Financial Advisors bought a new position in shares of BWX Technologies during the 4th quarter valued at approximately $126,000. Cerebellum GP LLC bought a new position in shares of BWX Technologies during the 4th quarter valued at approximately $128,000. Assetmark Inc. grew its stake in shares of BWX Technologies by 402.7% during the 4th quarter. Assetmark Inc. now owns 2,222 shares of the technology company’s stock valued at $134,000 after acquiring an additional 1,780 shares during the period. American International Group Inc. bought a new position in shares of BWX Technologies during the 4th quarter valued at approximately $134,000. Finally, First Manhattan Co. bought a new position in shares of BWX Technologies during the 4th quarter valued at approximately $184,000. Institutional investors and hedge funds own 94.57% of the company’s stock.
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BWX Technologies Company Profile
BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.
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