BWX Technologies (NYSE:BWXT) released its earnings results on Sunday. The technology company reported $0.74 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.03, MarketWatch Earnings reports. The firm had revenue of $557.00 million during the quarter, compared to the consensus estimate of $496.13 million. BWX Technologies had a net margin of 13.27% and a return on equity of 61.50%. The company’s revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.71 EPS.
Shares of BWXT stock traded down $1.66 on Tuesday, hitting $56.07. 8,124 shares of the company’s stock traded hands, compared to its average volume of 396,232. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.85 and a current ratio of 1.85. BWX Technologies has a one year low of $40.40 and a one year high of $69.75. The company’s fifty day simple moving average is $58.12 and its 200 day simple moving average is $57.80. The stock has a market capitalization of $5.34 billion, a price-to-earnings ratio of 19.64, a P/E/G ratio of 2.13 and a beta of 0.96.
A number of analysts recently commented on the stock. Robert W. Baird cut shares of BWX Technologies from an “outperform” rating to a “neutral” rating and set a $70.00 price target on the stock. in a research note on Thursday, January 7th. TheStreet upgraded shares of BWX Technologies from a “c+” rating to a “b-” rating in a research note on Monday, December 7th. Zacks Investment Research cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 4th. Finally, Credit Suisse Group lowered their target price on shares of BWX Technologies from $74.00 to $71.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 3rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $68.17.
BWX Technologies Company Profile
BWX Technologies, Inc manufactures and sells nuclear components in the United States, Canada, and internationally. Its Nuclear Operations Group segment offers nuclear components, reactors, assemblies, and fuel for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; close-tolerance equipment for nuclear applications; research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications.
Read More: Limitations of the P/E Growth ratio
Receive News & Ratings for BWX Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BWX Technologies and related companies with MarketBeat.com's FREE daily email newsletter.