BWX Technologies (BWXT) to Release Earnings on Monday

BWX Technologies (NYSE:BWXT) will release its earnings data after the market closes on Monday, August 3rd. Analysts expect BWX Technologies to post earnings of $0.57 per share for the quarter. BWX Technologies has set its FY 2020
After-Hours guidance at 2.80-2.80 EPS and its FY20 guidance at ~$2.80 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.17. The business had revenue of $542.21 million during the quarter, compared to the consensus estimate of $460.13 million. BWX Technologies had a return on equity of 74.99% and a net margin of 13.39%. During the same period last year, the company earned $0.67 earnings per share. On average, analysts expect BWX Technologies to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NYSE:BWXT opened at $54.52 on Friday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.00 and a current ratio of 2.00. The company has a market cap of $5.19 billion, a PE ratio of 18.51, a PEG ratio of 2.81 and a beta of 0.99. BWX Technologies has a 52-week low of $40.40 and a 52-week high of $70.57. The stock has a 50-day simple moving average of $55.32 and a 200 day simple moving average of $56.88.

Several research analysts recently commented on the company. Maxim Group increased their price target on BWX Technologies from $62.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Bank of America raised BWX Technologies from an “underperform” rating to a “neutral” rating and set a $60.00 price target for the company in a research report on Thursday, May 7th. Zacks Investment Research cut BWX Technologies from a “hold” rating to a “sell” rating in a research report on Friday, July 17th. TheStreet raised BWX Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, May 13th. Finally, Credit Suisse Group raised BWX Technologies from a “neutral” rating to an “outperform” rating and set a $72.00 price target for the company in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $63.75.

In other news, CEO Rex D. Geveden sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $62.58, for a total value of $187,740.00. Following the completion of the sale, the chief executive officer now directly owns 102,337 shares of the company’s stock, valued at $6,404,249.46. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John A. Fees sold 17,242 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $61.09, for a total value of $1,053,313.78. Following the completion of the sale, the director now directly owns 76,587 shares of the company’s stock, valued at $4,678,699.83. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,542 shares of company stock valued at $1,370,936. Insiders own 0.46% of the company’s stock.

BWX Technologies Company Profile

BWX Technologies, Inc manufactures and sells nuclear components to the United States government. The company operates in three segments: Nuclear Operations, Technical Services, and Nuclear Energy. The Nuclear Operations segment offers precision naval nuclear components and reactors; close-tolerance and equipment for nuclear applications; and components for defense applications, as well as critical nuclear components, fuels, and assemblies for government and other uses.

Recommended Story: Can systematic risk be avoided?

Earnings History for BWX Technologies (NYSE:BWXT)

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.