BWX Technologies, Inc. (BWXT)’s Stock Is Buy After Achieving 52-Week High

April 25, 2018 - By Clifton Ray

BWX Technologies, Inc. (NYSE:BWXT) Logo

The stock of BWX Technologies, Inc. (NYSE:BWXT) hit a new 52-week high and has $71.45 target or 4.00 % above today’s $68.70 share price. The 5 months bullish chart indicates low risk for the $6.85B company. The 1-year high was reported on Apr, 25 by If the $71.45 price target is reached, the company will be worth $273.80 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.85% or $0.59 during the last trading session, reaching $68.7. About 81,217 shares traded. BWX Technologies, Inc. (NYSE:BWXT) has risen 38.73% since April 25, 2017 and is uptrending. It has outperformed by 27.18% the S&P500.

Analysts await BWX Technologies, Inc. (NYSE:BWXT) to report earnings on May, 7. They expect $0.60 earnings per share, up 9.09 % or $0.05 from last year’s $0.55 per share. BWXT’s profit will be $59.78M for 28.63 P/E if the $0.60 EPS becomes a reality. After $0.47 actual earnings per share reported by BWX Technologies, Inc. for the previous quarter, Wall Street now forecasts 27.66 % EPS growth.

BWX Technologies, Inc. (NYSE:BWXT) Ratings Coverage

Among 6 analysts covering BWX Technologies (NYSE:BWXT), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. BWX Technologies has $7800 highest and $62 lowest target. $70.80’s average target is 3.06% above currents $68.7 stock price. BWX Technologies had 9 analyst reports since November 8, 2017 according to SRatingsIntel. The stock of BWX Technologies, Inc. (NYSE:BWXT) earned “Buy” rating by Robert W. Baird on Wednesday, November 8. The firm has “Hold” rating by Wells Fargo given on Monday, December 11. The firm earned “Buy” rating on Monday, January 8 by SunTrust. The firm has “Buy” rating by Robert W. Baird given on Thursday, March 1. The stock of BWX Technologies, Inc. (NYSE:BWXT) has “Buy” rating given on Monday, April 23 by SunTrust. SunTrust maintained the stock with “Buy” rating in Friday, January 19 report.

BWX Technologies, Inc. manufactures and sells nuclear components to the United States government. The company has market cap of $6.85 billion. The firm operates in three divisions: Nuclear Operations, Technical Services, and Nuclear Energy. It has a 46.73 P/E ratio. 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.

BWX Technologies, Inc. (NYSE:BWXT) Ratings Chart

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