BWX Technologies, Inc. (NYSE:BWXT) – Stock analysts at Seaport Global Securities issued their FY2017 earnings per share (EPS) estimates for BWX Technologies in a research report issued to clients and investors on Wednesday. Seaport Global Securities analyst J. Sullivan forecasts that the technology company will earn $2.03 per share for the year. Seaport Global Securities currently has a “Buy” rating and a $72.00 price target on the stock. Seaport Global Securities also issued estimates for BWX Technologies’ Q4 2017 earnings at $0.45 EPS, Q1 2018 earnings at $0.52 EPS, Q2 2018 earnings at $0.52 EPS, Q3 2018 earnings at $0.55 EPS, Q4 2018 earnings at $0.57 EPS, FY2018 earnings at $2.15 EPS, Q1 2019 earnings at $0.57 EPS, Q2 2019 earnings at $0.63 EPS, Q3 2019 earnings at $0.70 EPS, Q4 2019 earnings at $0.74 EPS and FY2019 earnings at $2.64 EPS.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, November 6th. The technology company reported $0.46 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.46. BWX Technologies had a return on equity of 88.05% and a net margin of 11.89%. The firm had revenue of $419.36 million during the quarter, compared to the consensus estimate of $420.39 million. During the same period in the previous year, the firm posted $0.39 EPS. The company’s quarterly revenue was up 10.5% compared to the same quarter last year.

Several other research analysts also recently issued reports on the company. BidaskClub upgraded BWX Technologies from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 26th. Zacks Investment Research downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Wells Fargo & Co initiated coverage on BWX Technologies in a research report on Monday, December 11th. They set a “market perform” rating and a $65.00 price objective for the company. Robert W. Baird initiated coverage on BWX Technologies in a research report on Tuesday, October 24th. They set an “outperform” rating and a $70.00 price objective for the company. Finally, Bank of America lifted their price objective on BWX Technologies from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, October 5th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $64.50.

BWX Technologies (NYSE:BWXT) opened at $62.23 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.81 and a current ratio of 1.81. BWX Technologies has a 12-month low of $40.22 and a 12-month high of $62.85. The stock has a market capitalization of $6,190.00, a P/E ratio of 31.27, a P/E/G ratio of 2.40 and a beta of 0.48.

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 13th. Shareholders of record on Monday, November 20th were paid a $0.11 dividend. The ex-dividend date was Friday, November 17th. This represents a $0.44 annualized dividend and a yield of 0.71%. BWX Technologies’s payout ratio is currently 22.11%.

In other BWX Technologies news, CFO David S. Black sold 1,000 shares of BWX Technologies stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $61.55, for a total value of $61,550.00. Following the completion of the sale, the chief financial officer now directly owns 61,979 shares of the company’s stock, valued at approximately $3,814,807.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman John A. Fees sold 21,453 shares of BWX Technologies stock in a transaction that occurred on 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 completion of the sale, the chairman now directly owns 87,919 shares of the company’s stock, valued at $5,293,602.99. The disclosure for this sale can be found here. Insiders sold a total of 24,453 shares of company stock valued at $1,475,045 over the last ninety days. 0.76% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in BWXT. Vanguard Group Inc. grew its stake in shares of BWX Technologies by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 8,004,745 shares of the technology company’s stock valued at $390,232,000 after buying an additional 58,159 shares during the period. BlackRock Inc. grew its stake in shares of BWX Technologies by 6.7% during the 2nd quarter. BlackRock Inc. now owns 5,374,992 shares of the technology company’s stock valued at $262,030,000 after buying an additional 336,521 shares during the period. Artisan Partners Limited Partnership grew its stake in shares of BWX Technologies by 12.4% during the 3rd quarter. Artisan Partners Limited Partnership now owns 4,609,767 shares of the technology company’s stock valued at $258,239,000 after buying an additional 509,351 shares during the period. Capital Research Global Investors grew its stake in shares of BWX Technologies by 11.1% during the 2nd quarter. Capital Research Global Investors now owns 3,464,262 shares of the technology company’s stock valued at $168,883,000 after buying an additional 345,797 shares during the period. Finally, Wells Fargo & Company MN grew its stake in shares of BWX Technologies by 3.3% during the 3rd quarter. Wells Fargo & Company MN now owns 3,171,362 shares of the technology company’s stock valued at $177,659,000 after buying an additional 99,888 shares during the period. 95.49% of the stock is owned by hedge funds and other institutional investors.

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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.

Earnings History and Estimates for BWX Technologies (NYSE:BWXT)

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