BWX Technologies (BWXT) Given Daily News Sentiment Rating of 0.18
News stories about BWX Technologies (NYSE:BWXT) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BWX Technologies earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.4207322797163 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
BWX Technologies (BWXT) opened at 59.41 on Monday. BWX Technologies has a 52 week low of $36.16 and a 52 week high of $59.41. The stock has a 50 day moving average price of $54.89 and a 200 day moving average price of $50.81. The stock has a market cap of $5.90 billion, a PE ratio of 31.40 and a beta of 0.46.
BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, August 7th. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.09. BWX Technologies had a return on equity of 107.13% and a net margin of 11.81%. The business had revenue of $410.01 million during the quarter, compared to analyst estimates of $429.38 million. During the same quarter last year, the firm earned $0.44 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, equities analysts predict that BWX Technologies will post $2.03 earnings per share for the current year.
Several brokerages have recently issued reports on BWXT. Bank of America Corporation lifted their price objective on BWX Technologies from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday. ValuEngine cut BWX Technologies from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $62.00 price objective on shares of BWX Technologies in a research note on Monday, October 2nd. BidaskClub upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Finally, Zacks Investment Research upgraded BWX Technologies from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Thursday, August 10th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. BWX Technologies has an average rating of “Buy” and an average price target of $57.17.
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In related news, VP Jason S. Kerr sold 1,365 shares of the stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $54.13, for a total value of $73,887.45. Following the completion of the transaction, the vice president now owns 4,312 shares of the company’s stock, valued at $233,408.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joseph G. Henry sold 15,000 shares of the stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $53.81, for a total value of $807,150.00. Following the completion of the transaction, the insider now directly owns 10,639 shares of the company’s stock, valued at approximately $572,484.59. The disclosure for this sale can be found here. Insiders sold 2,009,194 shares of company stock valued at $106,899,540 in the last three months. 0.76% of the stock is currently owned by company insiders.
About BWX Technologies
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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