Babcock & Wilcox Enterprises, Inc. (BW) Has Another Very Weak Trading Session

March 14, 2018 - By Dolores Ford

The stock of Babcock & Wilcox Enterprises, Inc. (NYSE:BW) is a huge mover today! The stock decreased 27.96% or $1.75 during the last trading session, reaching $4.51. About 6.04 million shares traded or 308.64% up from the average. Babcock & Wilcox Enterprises, Inc. (NYSE:BW) has declined 50.61% since March 14, 2017 and is downtrending. It has underperformed by 67.31% the S&P500.
The move comes after 9 months negative chart setup for the $198.82 million company. It was reported on Mar, 14 by We have $4.33 PT which if reached, will make NYSE:BW worth $7.95M less.

Analysts await Babcock & Wilcox Enterprises, Inc. (NYSE:BW) to report earnings on May, 8. They expect $-0.08 EPS, down 60.00 % or $0.03 from last year’s $-0.05 per share. After $-0.95 actual EPS reported by Babcock & Wilcox Enterprises, Inc. for the previous quarter, Wall Street now forecasts -91.58 % EPS growth.

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) Ratings Coverage

Among 4 analysts covering Babcock & Wilcox Enterprises (NYSE:BW), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Babcock & Wilcox Enterprises had 8 analyst reports since December 15, 2015 according to SRatingsIntel. The stock of Babcock & Wilcox Enterprises, Inc. (NYSE:BW) has “Neutral” rating given on Monday, August 14 by UBS. Credit Suisse downgraded the shares of BW in report on Thursday, October 13 to “Underperform” rating. KeyBanc Capital Markets maintained Babcock & Wilcox Enterprises, Inc. (NYSE:BW) on Tuesday, September 19 with “Hold” rating. Credit Suisse maintained Babcock & Wilcox Enterprises, Inc. (NYSE:BW) rating on Friday, August 11. Credit Suisse has “Underperform” rating and $3.7 target. On Wednesday, March 1 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The firm has “Buy” rating by Sidoti given on Tuesday, December 15.

More notable recent Babcock & Wilcox Enterprises, Inc. (NYSE:BW) news were published by: which released: “Spurned Babcock & Wilcox suitor becomes its largest shareholder” on March 12, 2018, also with their article: “Why Babcock & Wilcox Enterprises Inc’s Shares Plunged 14% Today” published on March 05, 2018, published: “BABCOCK & WILCOX INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL …” on March 03, 2018. More interesting news about Babcock & Wilcox Enterprises, Inc. (NYSE:BW) were released by: and their article: “Former Babcock & Wilcox CEO and chairman named ‘strategic advisor'” published on March 07, 2018 as well as‘s news article titled: “Debt problems, deep losses and an uncertain future plague Charlotte’s Babcock …” with publication date: March 02, 2018.

Babcock & Wilcox Enterprises, Inc. provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide. The company has market cap of $198.82 million. The Company’s Power segment offers boiler cleaning and material handling equipment; supercritical, subcritical, fluidized bed, chemical recovery, industrial power, package, and waste heat boilers, as well as heat recovery steam generators; and air pollution control products and related equipment, such as carbon dioxide capture and sequestration technologies, wet and dry flue gas desulfurization systems, catalytic and non-catalytic nitrogen oxides reduction systems, low nitrogen oxides burners and overfire air systems, fabric filter baghouses, wet and dry electrostatic precipitators, mercury control systems, and dry sorbent injection for acid gas mitigation. It currently has negative earnings. This segment also offers replacement parts, retrofit and upgrade projects, fuel switching and repowering projects, and training programs; and field technical, construction and maintenance, start-up and commissioning, and plant activities and maintenance services.

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