BWX Technologies (BWXT) Set to Announce Earnings on Monday

BWX Technologies (NYSE:BWXTGet Rating) will be issuing its quarterly earnings data after the market closes on Monday, August 8th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. BWX Technologies has set its FY 2022 guidance at $3.05-$3.25 EPS and its FY22 guidance at $3.05-3.25 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

BWX Technologies (NYSE:BWXTGet Rating) last released its quarterly earnings data on Monday, May 9th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.03. The business had revenue of $531.00 million during the quarter, compared to analysts’ expectations of $514.96 million. BWX Technologies had a return on equity of 43.72% and a net margin of 13.88%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 EPS. On average, analysts expect BWX Technologies to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

BWX Technologies Stock Up 1.9 %

Shares of NYSE BWXT opened at $56.68 on Monday. The stock has a market cap of $5.17 billion, a PE ratio of 17.99, a price-to-earnings-growth ratio of 2.74 and a beta of 0.80. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.97. BWX Technologies has a 52-week low of $42.58 and a 52-week high of $62.53. The business has a 50-day moving average price of $53.08 and a 200 day moving average price of $51.41.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 8th. Investors of record on Friday, May 20th were given a $0.22 dividend. The ex-dividend date was Thursday, May 19th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.55%. BWX Technologies’s dividend payout ratio (DPR) is presently 27.94%.

Institutional Trading of BWX Technologies

Large investors have recently made changes to their positions in the company. Lazard Asset Management LLC acquired a new stake in shares of BWX Technologies in the 1st quarter valued at about $38,000. Covestor Ltd lifted its position in BWX Technologies by 168.0% during the 1st quarter. Covestor Ltd now owns 3,039 shares of the technology company’s stock worth $164,000 after acquiring an additional 1,905 shares during the period. HighTower Advisors LLC acquired a new stake in BWX Technologies during the 1st quarter worth approximately $209,000. Raymond James Financial Services Advisors Inc. acquired a new stake in BWX Technologies during the 1st quarter worth approximately $207,000. Finally, Williams Jones Wealth Management LLC. acquired a new stake in BWX Technologies during the 1st quarter worth approximately $215,000. 97.26% of the stock is owned by institutional investors and hedge funds.

About BWX Technologies

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BWX Technologies, Inc manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. The Nuclear Operations Group segment provides precision naval and critical nuclear components, reactors, nuclear fuel, and assemblies for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; missile launch tubes for United States Navy submarines; close-tolerance and equipment for nuclear applications; and converts Cold War-era government stockpiles of high-enriched uranium, as well as receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; supplies research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications.

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Earnings History for BWX Technologies (NYSE:BWXT)

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