During the last session, Babcock & Wilcox Enterprises Inc (NYSE:BW)’s traded shares were 1.98 million, with the beta value of the company hitting 1.43. At the end of the trading day, the stock’s price was $1.06, reflecting an intraday gain of 15.57% or $0.14. The 52-week high for the BW share is $6.64, that puts it down -526.42 from that peak though still a striking 29.25% gain since the share price plummeted to a 52-week low of $0.75. The company’s market capitalization is $94.85M, and the average trade volume was 1.62 million shares over the past three months.
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Babcock & Wilcox Enterprises Inc (BW) registered a 15.57% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 15.57% in intraday trading to $1.06, hitting a weekly high. The stock’s 5-day price performance is 6.00%, and it has moved by -16.54% in 30 days. Based on these gigs, the overall price performance for the year is -83.15%.
Babcock & Wilcox Enterprises Inc (BW) estimates and forecasts
Statistics show that Babcock & Wilcox Enterprises Inc has outperformed its competitors in share price, compared to the industry in which it operates. Babcock & Wilcox Enterprises Inc (BW) shares have gone down -56.73% during the last six months, with a year-to-date growth rate more than the industry average at 156.45% against 21.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 27.80% this quarter and then jump 70.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -1.90% compared to the previous financial year.
Revenue for the current quarter is expected to be $206.67 million as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $242.7 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $213.26 million .
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 46.93%. While earnings are projected to return 104.29% in 2024, the next five years will return 6.99% per annum.
BW Dividends
Babcock & Wilcox Enterprises Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
