BWX Technologies, Inc. (NYSE:BWXT) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of BWX Technologies, Inc. (NYSE:BWXT) have earned an average rating of “Moderate Buy” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $127.50.

BWXT has been the subject of a number of analyst reports. Barclays increased their price objective on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft raised their price target on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Bank of America upped their price objective on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Maxim Group increased their target price on shares of BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Alembic Global Advisors upgraded BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target on the stock in a report on Tuesday, November 12th.

BWX Technologies Trading Down 0.4 %

Shares of BWXT stock opened at $113.94 on Tuesday. The business has a 50-day moving average of $117.39 and a 200 day moving average of $113.54. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25. BWX Technologies has a 1-year low of $83.71 and a 1-year high of $136.31. The stock has a market capitalization of $10.42 billion, a PE ratio of 37.73, a P/E/G ratio of 3.44 and a beta of 0.73.

Institutional Trading of BWX Technologies

Large investors have recently bought and sold shares of the company. Marshall Wace LLP purchased a new position in shares of BWX Technologies in the 2nd quarter valued at approximately $814,000. Creative Planning raised its holdings in BWX Technologies by 44.1% in the second quarter. Creative Planning now owns 7,324 shares of the technology company’s stock worth $696,000 after purchasing an additional 2,242 shares in the last quarter. Truist Financial Corp lifted its position in BWX Technologies by 3.3% during the second quarter. Truist Financial Corp now owns 8,250 shares of the technology company’s stock valued at $784,000 after buying an additional 262 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of BWX Technologies during the 2nd quarter valued at $615,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of BWX Technologies in the 2nd quarter worth about $1,138,000. 94.39% of the stock is owned by institutional investors.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.