In today’s recent session, 0.65 million shares of the Babcock & Wilcox Enterprises Inc (NYSE:BW) have been traded, and its beta is 1.43. Most recently the company’s share price was $0.92, and it changed around -$0.01 or -0.69% from the last close, which brings the market valuation of the company to $82.46M. BW at last check was trading at a discount to its 52-week high of $6.64, offering almost -621.74% off that amount. The share price’s 52-week low was $0.75, which indicates that the recent value has risen by an impressive 18.48% since then. We note from Babcock & Wilcox Enterprises Inc’s average daily trading volume that its 3-month average coming to 1.63 million.
Babcock & Wilcox Enterprises Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.50. If we narrow it down even further, the data shows that 1 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended BW as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Babcock & Wilcox Enterprises Inc is expected to report earnings per share of -$0.13 for the current quarter.
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Instantly BW has been showing red trend so far today with a performance of -0.69% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -36.88% year-to-date, but still down -12.24% over the last five days. On the other hand, Babcock & Wilcox Enterprises Inc (NYSE:BW) is -13.07% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6.5, which translates to bulls needing to increase their stock price by 85.85% from its current value. Analyst projections state that BW is forecast to be at a low of $6.5 and a high of $6.5.
Babcock & Wilcox Enterprises Inc (BW) estimates and forecasts
Babcock & Wilcox Enterprises Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -66.85 percent over the past six months and at a 156.45% annual growth rate that is well above the industry average of 21.30%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 27.80% in revenue this quarter, and will report an increase of 70.00% in the next quarter. The year-over-year growth rate is expected to be -1.90%, down from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $206.67 million in revenue for the current quarter. 4 analysts expect Babcock & Wilcox Enterprises Inc to make $242.7 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $213.26 million and -$ respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -3.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 46.93%. Babcock & Wilcox Enterprises Inc earnings are expected to increase by 104.29% in 2024, but the outlook is positive 6.99% per year for the next five years.
