Market Insight: BWX Technologies Inc (BWXT)’s Notable Drop, Closing at 87.04

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In the latest session, BWX Technologies Inc (NYSE: BWXT) closed at $87.04 down -11.97% from its previous closing price of $98.88. In other words, the price has decreased by -$11.97 from its previous closing price. On the day, 1.98 million shares were traded. BWXT stock price reached its highest trading level at $95.26 during the session, while it also had its lowest trading level at $86.7.

Ratios:

For a deeper understanding of BWX Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 162.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.83. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.29.

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, Truist on March 25, 2024, Downgraded its rating to Hold and sets its target price to $95 from $110 previously.

On November 03, 2023, Alembic Global Advisors Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation from $79 to $82.

On September 28, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $86.Deutsche Bank initiated its Buy rating on September 28, 2023, with a $86 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’24 when Burbach Gerhard F sold 1,000 shares for $105.42 per share. The transaction valued at 105,420 led to the insider holds 391 shares of the business.

NARDELLI ROBERT L bought 2,000 shares of BWXT for $142,460 on Aug 18 ’23. The Director now owns 2,000 shares after completing the transaction at $71.23 per share. On Aug 14 ’23, another insider, Burbach Gerhard F, who serves as the Director of the company, sold 1,000 shares for $74.07 each. As a result, the insider received 74,070 and left with 1,391 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, BWXT now has a Market Capitalization of 7956169728 and an Enterprise Value of 12347436032. As of this moment, BWX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.59, and their Forward P/E ratio for the next fiscal year is 25.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.14 while its Price-to-Book (P/B) ratio in mrq is 8.41. Its current Enterprise Value per Revenue stands at 4.877 whereas that against EBITDA is 31.136.

Stock Price History:

Over the past 52 weeks, BWXT has reached a high of $107.18, while it has fallen to a 52-week low of $60.17. The 50-Day Moving Average of the stock is -11.69%, while the 200-Day Moving Average is calculated to be 5.87%.

Shares Statistics:

For the past three months, BWXT has traded an average of 662.75K shares per day and 573590 over the past ten days. A total of 91.53M shares are outstanding, with a floating share count of 90.97M. Insiders hold about 0.37% of the company’s shares, while institutions hold 96.38% stake in the company. Shares short for BWXT as of 1713139200 were 782134 with a Short Ratio of 1.18, compared to 1710460800 on 961145. Therefore, it implies a Short% of Shares Outstanding of 782134 and a Short% of Float of 0.9599999499999999.

Dividends & Splits

According to the company, the forward annual dividend rate for BWXT is 0.93, from 0.92 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009304208The stock’s 5-year Average Dividend Yield is 1.35.

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