After finishing at $1.43 in the prior trading day, Babcock & Wilcox Enterprises Inc (NYSE: BW) closed at $1.29, down -9.79%. In other words, the price has decreased by -$0.1400 from its previous closing price. On the day, 1003652 shares were traded.
Ratios:
Our goal is to gain a better understanding of BW by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on November 10, 2023, Downgraded its rating to Hold and sets its target price to $2 from $10 previously.
On July 19, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $11.
On March 25, 2021, Lake Street started tracking the stock assigning a Buy rating and target price of $12.Lake Street initiated its Buy rating on March 25, 2021, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 16 ’23 when Bartoli Henry E bought 10,000 shares for $1.51 per share. The transaction valued at 15,078 led to the insider holds 278,049 shares of the business.
B. Riley Financial, Inc. bought 157,883 shares of BW for $182,907 on Nov 14 ’23. The 10% Owner now owns 7,602,348 shares after completing the transaction at $1.16 per share. On Nov 14 ’23, another insider, Salamone Louis Jr, who serves as the Chief Financial Officer of the company, bought 50,000 shares for $1.15 each. As a result, the insider paid 57,435 and bolstered with 632,711 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BW now has a Market Capitalization of 127.80M and an Enterprise Value of 513.75M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is 9.07.
Stock Price History:
Over the past 52 weeks, BW has reached a high of $6.64, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is 1.2796, while the 200-Day Moving Average is calculated to be 3.3972.
Shares Statistics:
The stock has traded on average 1.06M shares per day over the past 3-months and 1.08M shares per day over the last 10 days, according to various share statistics. A total of 88.70M shares are outstanding, with a floating share count of 85.86M. Insiders hold about 3.93% of the company’s shares, while institutions hold 81.74% stake in the company. Shares short for BW as of Feb 15, 2024 were 3.33M with a Short Ratio of 3.14, compared to 1.42M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.73% and a Short% of Float of 7.32%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of $0.1 and a low estimate of -$0.1, while EPS last year was $0.02. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.06 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.39 and -$1.74 for the fiscal current year, implying an average EPS of -$0.8. EPS for the following year is $0.02, with 4 analysts recommending between $0.24 and -$0.16.
Revenue Estimates
4 analysts predict $256.27M in revenue for the current quarter. It ranges from a high estimate of $290.2M to a low estimate of $237.7M. As of the current estimate, Babcock & Wilcox Enterprises Inc’s year-ago sales were $249.9M, an estimated increase of 2.50% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $220.73M, an increase of 3.50% over than the figure of $2.50% in the same quarter last year. There is a high estimate of $240.5M for the next quarter, whereas the lowest estimate is $210.8M.
A total of 4 analysts have provided revenue estimates for BW’s current fiscal year. The highest revenue estimate was $1.09B, while the lowest revenue estimate was $1.03B, resulting in an average revenue estimate of $1.05B. In the same quarter a year ago, actual revenue was $889.8M, up 18.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $978.95M in the next fiscal year. The high estimate is $1.08B and the low estimate is $876.4M. The average revenue growth estimate for next year is down -6.80% from the average revenue estimate for this year.
