Analysts expect that BWX Technologies Inc (NYSE:BWXT) will post earnings of $0.62 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for BWX Technologies’ earnings. The lowest EPS estimate is $0.60 and the highest is $0.63. BWX Technologies posted earnings per share of $0.46 during the same quarter last year, which would indicate a positive year-over-year growth rate of 34.8%. The company is scheduled to report its next quarterly earnings report on Monday, November 5th.

According to Zacks, analysts expect that BWX Technologies will report full-year earnings of $2.54 per share for the current financial year, with EPS estimates ranging from $2.50 to $2.55. For the next fiscal year, analysts forecast that the firm will report earnings of $2.88 per share, with EPS estimates ranging from $2.75 to $3.00. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for BWX Technologies.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, August 6th. The technology company reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.02). The firm had revenue of $438.92 million during the quarter, compared to the consensus estimate of $445.70 million. BWX Technologies had a net margin of 9.05% and a return on equity of 66.19%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.56 earnings per share.

BWXT has been the topic of several recent research reports. Zacks Investment Research lowered BWX Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, August 9th. SunTrust Banks reduced their price target on BWX Technologies from $83.00 to $79.00 and set a “buy” rating on the stock in a research report on Tuesday, August 21st. Finally, Drexel Hamilton restated a “buy” rating and issued a $78.00 price target on shares of BWX Technologies in a research report on Thursday, June 21st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $70.00.

BWXT traded up $1.18 during mid-day trading on Tuesday, reaching $59.67. The stock had a trading volume of 8,086 shares, compared to its average volume of 531,795. The firm has a market capitalization of $6.24 billion, a price-to-earnings ratio of 29.11, a PEG ratio of 2.20 and a beta of 0.45. The company has a debt-to-equity ratio of 1.72, a quick ratio of 2.88 and a current ratio of 2.88. BWX Technologies has a 52 week low of $56.80 and a 52 week high of $72.18.

In related news, CFO David S. Black sold 1,000 shares of the firm’s stock in a transaction on Monday, August 13th. The stock was sold at an average price of $62.40, for a total transaction of $62,400.00. Following the sale, the chief financial officer now owns 70,570 shares of the company’s stock, valued at approximately $4,403,568. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Jason S. Kerr sold 1,365 shares of the firm’s stock in a transaction on Monday, August 20th. The stock was sold at an average price of $64.06, for a total value of $87,441.90. Following the sale, the vice president now directly owns 9,132 shares in the company, valued at approximately $584,995.92. The disclosure for this sale can be found here. Insiders have sold a total of 4,365 shares of company stock worth $269,062 in the last ninety days. 0.52% of the stock is currently owned by company insiders.

A number of institutional investors have recently modified their holdings of the stock. First Hawaiian Bank acquired a new stake in BWX Technologies during the 3rd quarter worth $1,143,000. First Manhattan Co. acquired a new stake in BWX Technologies during the 3rd quarter worth $125,000. Bank of Montreal Can raised its stake in BWX Technologies by 4.3% during the 3rd quarter. Bank of Montreal Can now owns 23,151 shares of the technology company’s stock worth $1,448,000 after buying an additional 951 shares during the period. Clinton Group Inc. acquired a new stake in BWX Technologies during the 3rd quarter worth $291,000. Finally, Pennsylvania Trust Co raised its stake in BWX Technologies by 2.0% during the 3rd quarter. Pennsylvania Trust Co now owns 59,826 shares of the technology company’s stock worth $3,742,000 after buying an additional 1,170 shares during the period. 95.28% of the stock is currently owned by institutional investors and hedge funds.

About BWX Technologies

BWX Technologies, Inc manufactures and sells nuclear components to the United States government. The company operates in three segments: Nuclear Operations, Technical Services, and Nuclear Energy. 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.

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