BWX Technologies Inc (NYSE: BWXT) has reported earnings for its second fiscal quarter (ending June 30) of $0.80 versus $0.64 for the same period a year ago — an increase of 25%. This result exceeded the consensus estimate of $0.74 by $0.06. For the latest four quarters through June 30, E.P.S. were $2.92 versus $2.45 for the same period a year ago — an increase of 19%.
Recent Price Action
BWX Technologies Inc (NYSE: BWXT) stock closed at $92.38 on 8/5/24 after a decline of -2.1%. Moreover, trading volume in this decline was unusually high at 181% of normal. The stock has declined -6.8% during the last week but has been strong relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. BWX Technologies has a poor Appreciation Score of 16 but a very high Power Rating of 86, and the Neutral Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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