The closing price of Babcock & Wilcox Enterprises Inc (NYSE: BW) was $0.99 for the day, down -22.66% from the previous closing price of $1.28. In other words, the price has decreased by -$0.2900 from its previous closing price. On the day, 5039014 shares were traded. BW stock price reached its highest trading level at $1.2300 during the session, while it also had its lowest trading level at $0.9900.
Ratios:
Our analysis of BW’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 88.55M and an Enterprise Value of 474.51M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09. Its current Enterprise Value per Revenue stands at 0.45 whereas that against EBITDA is 8.37.
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 1.2546, while the 200-Day Moving Average is calculated to be 3.2957.
Shares Statistics:
BW traded an average of 1.07M shares per day over the past three months and 1.58M shares per day over the past ten days. A total of 89.45M shares are outstanding, with a floating share count of 85.86M. Insiders hold about 3.93% of the company’s shares, while institutions hold 81.75% stake in the company. Shares short for BW as of Feb 29, 2024 were 3.99M with a Short Ratio of 3.72, 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 firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.17, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.01 and low estimates of -$0.08.
Analysts are recommending an EPS of between $0.24 and -$0.16 for the fiscal current year, implying an average EPS of $0.02. EPS for the following year is $0.25, with 2 analysts recommending between $0.34 and $0.16.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $240.5M to a low estimate of $210.8M. As of the current estimate, Babcock & Wilcox Enterprises Inc’s year-ago sales were $213.26M, an estimated increase of 3.50% from the year-ago figure.
A total of 4 analysts have provided revenue estimates for BW’s current fiscal year. The highest revenue estimate was $1.08B, while the lowest revenue estimate was $876.4M, resulting in an average revenue estimate of $978.95M. In the same quarter a year ago, actual revenue was $999.4M, down -2.00% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.04B in the next fiscal year. The high estimate is $1.13B and the low estimate is $954.3M. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.
