BWX Technologies Inc (NYSE:BWXT) CFO David S. Black sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $54.73, for a total value of $54,730.00. Following the completion of the transaction, the chief financial officer now directly owns 75,161 shares in the company, valued at $4,113,561.53. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
NYSE BWXT traded up $0.49 during trading hours on Thursday, reaching $55.17. The company’s stock had a trading volume of 393,312 shares, compared to its average volume of 530,134. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 2.91. BWX Technologies Inc has a 1 year low of $35.91 and a 1 year high of $61.14. The firm’s 50-day moving average price is $58.06 and its 200-day moving average price is $52.80. The company has a market capitalization of $5.27 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 2.52 and a beta of 1.04.
BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, August 5th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.10. BWX Technologies had a return on equity of 83.20% and a net margin of 11.60%. The business had revenue of $471.00 million for the quarter, compared to the consensus estimate of $440.45 million. During the same quarter in the previous year, the company posted $0.58 EPS. The company’s revenue was up 7.3% compared to the same quarter last year. Equities research analysts anticipate that BWX Technologies Inc will post 2.49 EPS for the current fiscal year.
A number of research analysts recently commented on the company. SunTrust Banks set a $55.00 price target on BWX Technologies and gave the stock a “hold” rating in a report on Wednesday, August 7th. ValuEngine cut BWX Technologies from a “buy” rating to a “hold” rating in a report on Thursday. Seaport Global Securities set a $62.00 price target on BWX Technologies and gave the stock a “buy” rating in a report on Wednesday, August 7th. Maxim Group reissued a “buy” rating and issued a $71.00 price target on shares of BWX Technologies in a report on Wednesday, August 7th. Finally, Zacks Investment Research raised BWX Technologies from a “sell” rating to a “hold” rating in a report on Monday, July 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $56.43.
About BWX Technologies
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.
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