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After finishing at $1.02 in the prior trading day, Babcock & Wilcox Enterprises Inc (NYSE: BW) closed at $1.05, up 2.94%. In other words, the price has increased by $2.94 from its previous closing price. On the day, 0.9 million shares were traded. BW stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $0.98.
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 1.10 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:
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 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 93954416 and an Enterprise Value of 465678464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09. Its current Enterprise Value per Revenue stands at 0.466 whereas that against EBITDA is 54.811.
Stock Price History:
The Beta on a monthly basis for BW is 1.41, which has changed by -0.8173913 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -7.59%, while the 200-Day Moving Average is calculated to be -58.54%.
Shares Statistics:
The stock has traded on average 1.62M shares per day over the past 3-months and 1063550 shares per day over the last 10 days, according to various share statistics. A total of 89.45M shares are outstanding, with a floating share count of 84.28M. Insiders hold about 5.81% of the company’s shares, while institutions hold 81.09% stake in the company. Shares short for BW as of 1713139200 were 5535310 with a Short Ratio of 3.41, compared to 1710460800 on 4138537. Therefore, it implies a Short% of Shares Outstanding of 5535310 and a Short% of Float of 9.4799995.
Earnings Estimates
A comprehensive evaluation of Babcock & Wilcox Enterprises Inc (BW) is underway, with the input of 4.0 analysts contributing to its current rating.On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.2, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.04 and low estimates of -$0.1.
Analysts are recommending an EPS of between $0.35 and -$0.16 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.25, with 4.0 analysts recommending between $0.46 and $0.1.
Revenue Estimates
4 analysts predict $206.67M in revenue for the current quarter. It ranges from a high estimate of $226.7M to a low estimate of $190.8M. As of the current estimate, Babcock & Wilcox Enterprises Inc’s year-ago sales were $213.26MFor the next quarter, 4 analysts are estimating revenue of $242.7M. There is a high estimate of $266.8M for the next quarter, whereas the lowest estimate is $219.1M.
A total of 4 analysts have provided revenue estimates for BW’s current fiscal year. The highest revenue estimate was $1.1B, while the lowest revenue estimate was $886.3M, resulting in an average revenue estimate of $980.67M. In the same quarter a year ago, actual revenue was $999.4MBased on 4 analysts’ estimates, the company’s revenue will be $1.09B in the next fiscal year. The high estimate is $1.26B and the low estimate is $988.2M.
