In last trading session, Babcock & Wilcox Enterprises Inc (NYSE:BW) saw 0.48 million shares changing hands with its beta currently measuring 1.70. Company’s recent per share price level of $1.14 trading at -$0.02 or -1.72% at ring of the bell on the day assigns it a market valuation of $105.11M. That closing price of BW’s stock is at a discount of -385.09% from its 52-week high price of $5.53 and is indicating a premium of 34.21% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.99 million shares which gives us an average trading volume of 1.57 million if we extend that period to 3-months.
For Babcock & Wilcox Enterprises Inc (BW), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.0 in the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Upright in the red during last session for losing -1.72%, in the last five days BW remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $1.14 price level, adding 8.8% to its value on the day. Babcock & Wilcox Enterprises Inc’s shares saw a change of -21.92% in year-to-date performance and have moved -6.56% in past 5-day. Babcock & Wilcox Enterprises Inc (NYSE:BW) showed a performance of 2.70% in past 30-days. Number of shares sold short was 0.9 million shares which calculate 0.64 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.5 to the stock, which implies a rise of 82.46% to its current value. Analysts have been projecting 6.5 as a low price target for the stock while placing it at a high target of 6.5. It follows that stock’s current price would drop -470.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -470.18% for stock’s current value.
Babcock & Wilcox Enterprises Inc (BW) estimates and forecasts
Statistics highlight that Babcock & Wilcox Enterprises Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -21.92% of value to its shares in past 6 months, showing an annual growth rate of 143.55% while that of industry is 19.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -7.60% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 229.72M for the same. And 4 analysts are in estimates of company making revenue of 252.67M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 46.93% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 111.19% while estimates for its earnings growth in next 5 years are of 6.99%.
Babcock & Wilcox Enterprises Inc (NYSE:BW)’s Major holders
Insiders are in possession of 5.97% of company’s total shares while institution are holding 74.76 percent of that, with stock having share float percentage of 79.51%. Investors also watch the number of corporate investors in a company very closely, which is 74.76% institutions for Babcock & Wilcox Enterprises Inc that are currently holding shares of the company. B. RILEY FINANCIAL, INC. is the top institutional holder at BW for having 27.45 million shares of worth $39.8 million. And as of 2024-06-30, it was holding 30.6737 of the company’s outstanding shares.
The second largest institutional holder is NEUBERGER BERMAN GROUP LLC, which was holding about 6.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.7647 of outstanding shares, having a total worth of $8.78 million.
