Market Momentum Report: Babcock & Wilcox Enterprises Inc (BW)’s Positive Close at 1.81

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of Babcock & Wilcox Enterprises Inc (NYSE: BW) closed at $1.81 in the last session, up 1.69% from day before closing price of $1.78. In other words, the price has increased by $1.69 from its previous closing price. On the day, 1.79 million shares were traded. BW stock price reached its highest trading level at $1.895 during the session, while it also had its lowest trading level at $1.78.

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 1.39 and its Current Ratio is at 1.78.

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 Dec 06 ’24 when Salamone Louis Jr sold 98,941 shares for $1.91 per share. The transaction valued at 188,977 led to the insider holds 583,045 shares of the business.

Dziewisz John J sold 2,733 shares of BW for $2,870 on Aug 15 ’24. The General Counsel & Secretary now owns 217,521 shares after completing the transaction at $1.05 per share. On Aug 15 ’24, another insider, Dziewisz John J, who serves as the Officer of the company, bought 2,733 shares for $1.05 each.

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 170713040 and an Enterprise Value of 670754432. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20. Its current Enterprise Value per Revenue stands at 0.764 whereas that against EBITDA is -317.442.

Stock Price History:

The Beta on a monthly basis for BW is 1.74, which has changed by 0.4126984 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, BW has reached a high of $2.99, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -9.07%, while the 200-Day Moving Average is calculated to be 15.13%.

Shares Statistics:

According to the various share statistics, BW traded on average about 1.39M shares per day over the past 3-months and 1282280 shares per day over the past 10 days. A total of 92.38M shares are outstanding, with a floating share count of 89.04M. Insiders hold about 5.60% of the company’s shares, while institutions hold 71.92% stake in the company. Shares short for BW as of 1734048000 were 2257518 with a Short Ratio of 1.63, compared to 1731628800 on 2667913. Therefore, it implies a Short% of Shares Outstanding of 2257518 and a Short% of Float of 3.5700000000000003.

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