Babcock & Wilcox Enterprises, Inc. (NYSE:BW – Get Free Report) Director Henry E. Bartoli acquired 10,000 shares of Babcock & Wilcox Enterprises stock in a transaction on Thursday, November 16th. The shares were bought at an average cost of $1.51 per share, for a total transaction of $15,100.00. Following the completion of the purchase, the director now directly owns 278,049 shares of the company’s stock, valued at $419,853.99. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
Babcock & Wilcox Enterprises Stock Performance
BW opened at $1.78 on Friday. The stock has a market cap of $159.08 million, a price-to-earnings ratio of -1.11 and a beta of 2.09. The stock’s 50 day moving average price is $3.17 and its 200-day moving average price is $4.75. Babcock & Wilcox Enterprises, Inc. has a one year low of $0.96 and a one year high of $6.83.
Babcock & Wilcox Enterprises (NYSE:BW – Get Free Report) last released its earnings results on Thursday, November 9th. The technology company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.27). The business had revenue of $239.40 million for the quarter, compared to the consensus estimate of $300.00 million. Babcock & Wilcox Enterprises had a negative net margin of 12.25% and a negative return on equity of 3,839.48%. As a group, analysts predict that Babcock & Wilcox Enterprises, Inc. will post -0.39 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
BW has been the topic of several analyst reports. Craig Hallum cut Babcock & Wilcox Enterprises from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $10.00 to $2.00 in a research note on Friday, November 10th. StockNews.com cut Babcock & Wilcox Enterprises from a “hold” rating to a “sell” rating in a research note on Monday, November 13th.
Babcock & Wilcox Enterprises Company Profile
Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to a range of industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.
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