BWX Technologies (BWXT) Receiving Somewhat Critical Press Coverage, Study Shows
Press coverage about BWX Technologies (NYSE:BWXT) has trended somewhat negative recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. 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 -0.03 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.3568789469803 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- BWX Technologies, Inc. : BWXT-US: Dividend Analysis : November 20th, 2017 (record date) : By the numbers : November 20, 2017 (finance.yahoo.com)
- ETFs with exposure to BWX Technologies, Inc. : November 20, 2017 (finance.yahoo.com)
- BWX Technologies names Nuclear Services Group president (virginiabusiness.com)
- Ex-Dividend Reminder: Ryder System, BWX Technologies and Deluxe (nasdaq.com)
- BWX Technologies, Inc. (BWXT) Chairman John A. Fees Sells 21,453 Shares (americanbankingnews.com)
Several research firms have commented on BWXT. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $62.00 price target on shares of BWX Technologies in a report on Monday, October 2nd. ValuEngine lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Zacks Investment Research raised shares of BWX Technologies from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Thursday, August 10th. Finally, Bank of America Corporation reaffirmed a “buy” rating and issued a $55.00 price target on shares of BWX Technologies in a report on Thursday, August 10th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $61.67.
BWX Technologies (NYSE:BWXT) traded up $0.19 during trading hours on Monday, reaching $60.11. 551,360 shares of the company’s stock traded hands, compared to its average volume of 720,179. BWX Technologies has a one year low of $37.63 and a one year high of $61.88. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market capitalization of $5,956.27, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 2.34 and a beta of 0.47.
BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, November 6th. The technology company reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. BWX Technologies had a net margin of 11.89% and a return on equity of 88.05%. The business had revenue of $419.36 million for the quarter, compared to analyst estimates of $420.39 million. During the same period in the prior year, the company posted $0.39 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. research analysts predict that BWX Technologies will post 2.08 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Monday, November 20th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, November 17th. BWX Technologies’s payout ratio is currently 22.45%.
In other news, CFO David S. Black sold 1,000 shares of the stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of $59.00, for a total transaction of $59,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman John A. Fees sold 21,453 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $60.21, for a total transaction of $1,291,685.13. Following the sale, the chairman now directly owns 87,919 shares in the company, valued at $5,293,602.99. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,016,282 shares of company stock worth $107,429,118. Corporate insiders own 0.76% of the company’s stock.
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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