In today’s recent session, 1,351,162 shares of the Babcock & Wilcox Enterprises, Inc.(NYSE:BW) have been traded, and its beta is 2.76. Most recently the company’s share price was $6.68, and it changed around $0.01 or 0% from the last close, which brings the market valuation of the company to $536.81 Million. BW at last check was trading at a discount to its 52-week high of $8.24, offering almost -23.35% off that amount. The share price’s 52-week low was $0.77, which indicates that the recent value has risen by an impressive 88.47% since then. We note from Babcock & Wilcox Enterprises, Inc.’s average daily trading volume that its 10-day average is 1.9 Million shares, with the 3-month average coming to 1.02 Million.
Babcock & Wilcox Enterprises, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 3. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended BW as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. Babcock & Wilcox Enterprises, Inc. is expected to report earnings per share of $0 for the current quarter.
Babcock & Wilcox Enterprises, Inc. (NYSE:BW): Trading Information Today
Instantly BW has been showing a green trend so far today with a performance of 0.15% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $7.38- on Wednesday, Feb 17 increased the stock’s daily price by 9.93%. The company’s shares are currently up 0.89% year-to-date, but still down -0.1005 over the last five days. On the other hand, Babcock & Wilcox Enterprises, Inc. (NYSE:BW) is 0.06% up in the 30-day period. We can see from the shorts that 371.62 Million shares have been sold at a short interest cover period of 364.33 day(s).
The consensus price target as assigned by Wall Street analysts is $12, which translates to bears needing to increase their stock price by 79.64% from its current value. Analyst projections state that BW is forecast to be at a low of $12 and a high of $12. In order for the stock price to hit the forecast high, the stock would need to surge +79.64% from its current level, while the stock would need to crash 79.64% from its current level to reach the projected low.
Babcock & Wilcox Enterprises, Inc. (BW) projections and forecasts
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $148Million in revenue for the current quarter. 1 analysts expect Babcock & Wilcox Enterprises, Inc. to make $173Million in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarter a year ago was $148.6 Million. Analysts predict that the company’s current quarter sales will drop, forecast at -0.4%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -11.5%. Babcock & Wilcox Enterprises, Inc. earnings are expected to increase by 92.5% in 2021, but the outlook is positive 12.5% per year for the next five years.
Babcock & Wilcox Enterprises, Inc. (NYSE:BW)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 1.94% of Babcock & Wilcox Enterprises, Inc. shares, and 63.74% of them are in the hands of institutional investors. The stock currently has a share float of 65.01%. Babcock & Wilcox Enterprises, Inc. stock is held by 59 institutions, with B. Riley Financial, Inc. being the largest institutional investor. By Dec 30, 2020, it held 31.86% of the shares, which is about 16.57 Million shares worth $58.16 Million.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
SCW Capital Management, LP, with 3% or 1.56 Million shares worth $5.47 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 29, 2020. The former held 918791 shares worth $2.13 Million, making up 1.77% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 482.4 Thousand shares worth around $1.12 Million, which represents about 0.93% of the total shares outstanding.