The price of Babcock & Wilcox Enterprises Inc (NYSE: BW) closed at $1.18 in the last session, down -7.09% from day before closing price of $1.27. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 1491475 shares were traded.
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Ratios:
We take a closer look at BW’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.42.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 21 ’24 when Moeller Philip D bought 20,000 shares for $1.10 per share. The transaction valued at 22,000 led to the insider holds 85,774 shares of the business.
Young Kenneth M bought 29,229 shares of BW for $30,001 on Mar 20 ’24. The Chief Executive Officer now owns 241,745 shares after completing the transaction at $1.03 per share. On Mar 20 ’24, another insider, Salamone Louis Jr, who serves as the Chief Financial Officer of the company, bought 4,000 shares for $1.02 each. As a result, the insider paid 4,080 and bolstered with 636,711 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 105.59M and an Enterprise Value of 476.70M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 0.48 whereas that against EBITDA is 645.06.
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 $0.75. The 50-Day Moving Average of the stock is 1.2302, while the 200-Day Moving Average is calculated to be 3.1438.
Shares Statistics:
According to the various share statistics, BW traded on average about 1.56M shares per day over the past 3-months and 4.26M shares per day over the past 10 days. A total of 89.45M shares are outstanding, with a floating share count of 85.74M. Insiders hold about 4.07% of the company’s shares, while institutions hold 81.70% stake in the company. Shares short for BW as of Feb 29, 2024 were 3.99M with a Short Ratio of 2.55, compared to 1.89M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.46% and a Short% of Float of 8.77%.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.2, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.01 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.02 and -$0.16 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.18, with 3 analysts recommending between $0.34 and $0.1.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $200M. It ranges from a high estimate of $207.5M to a low estimate of $190.8M. As of the current estimate, Babcock & Wilcox Enterprises Inc’s year-ago sales were $213.26M, an estimated decrease of -6.20% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for BW’s current fiscal year. The highest revenue estimate was $993M, while the lowest revenue estimate was $876.4M, resulting in an average revenue estimate of $936.3M. In the same quarter a year ago, actual revenue was $999.4M, down -6.30% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.09B and the low estimate is $954.3M. The average revenue growth estimate for next year is up 8.80% from the average revenue estimate for this year.
