For its first fiscal quarter (ending March 31), BWX Technologies Inc (NYSE: BWXT) has reported a 12% increase in E.P.S. from $0.67 a year ago to $0.75 in the current quarter. However, this result fell short of the consensus estimate of $0.76 by $-0.01. E.P.S. were $2.77 for the latest four quarters through March 31 versus $2.63 for the same period a year ago — an increase of 5%.
Recent Price Action
On 5/6/24, BWX Technologies Inc (NYSE: BWXT) stock increased 1.6%, closing at $98.88. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.0% during the last week.
Current PriceTarget Research Rating
BWXT’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
BWX Technologies has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. BWX Technologies has a poor Appreciation Score of 21 but a very high Power Rating of 92, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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