What’s in BWX Technologies, Inc. (BWXT) After Touching Record High?

April 17, 2018 - By Hannah Black

BWX Technologies, Inc. (NYSE:BWXT) Logo

The stock of BWX Technologies, Inc. (NYSE:BWXT) reached all time high today, Apr, 17 and still has $73.78 target or 6.00 % above today’s $69.61 share price. This indicates more upside for the $6.94 billion company. This technical setup was reported by Barchart.com. If the $73.78 PT is reached, the company will be worth $416.10 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 3.07% or $2.075 during the last trading session, reaching $69.605. About 389,926 shares traded. BWX Technologies, Inc. (NYSE:BWXT) has risen 38.73% since April 17, 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 $0.58 EPS, up 5.45 % or $0.03 from last year’s $0.55 per share. BWXT’s profit will be $57.79 million for 30.00 P/E if the $0.58 EPS becomes a reality. After $0.47 actual EPS reported by BWX Technologies, Inc. for the previous quarter, Wall Street now forecasts 23.40 % 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 had 9 analyst reports since October 24, 2017 according to SRatingsIntel. Robert W. Baird maintained BWX Technologies, Inc. (NYSE:BWXT) on Wednesday, November 8 with “Buy” rating. The stock of BWX Technologies, Inc. (NYSE:BWXT) has “Buy” rating given on Thursday, March 1 by Robert W. Baird. SunTrust maintained the shares of BWXT in report on Friday, January 19 with “Buy” rating. The stock of BWX Technologies, Inc. (NYSE:BWXT) has “Hold” rating given on Monday, December 11 by Wells Fargo. SunTrust maintained BWX Technologies, Inc. (NYSE:BWXT) rating on Monday, January 8. SunTrust has “Buy” rating and $63.0 target.

BWX Technologies, Inc. manufactures and sells nuclear components to the United States government. The company has market cap of $6.94 billion. The firm operates in three divisions: Nuclear Operations, Technical Services, and Nuclear Energy. It has a 47.35 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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