In the latest trading session, 0.58 million Babcock & Wilcox Enterprises Inc (NYSE:BW) shares changed hands as the company’s beta touched 1.76. With the company’s most recent per share price at $1.51 changing hands around $0.05 or 3.77% at last look, the market valuation stands at $142.89M. BW’s current price is a discount, trading about -98.01% off its 52-week high of $2.99. The share price had its 52-week low at $0.75, which suggests the last value was 50.33% up since then. When we look at Babcock & Wilcox Enterprises Inc’s average trading volume, we note the 10-day average is 1.51 million shares, with the 3-month average coming to 1.30 million.
Analysts gave the Babcock & Wilcox Enterprises Inc (BW) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.50. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended BW as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Babcock & Wilcox Enterprises Inc’s EPS for the current quarter is expected to be -0.01.
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Instantly BW is in green as seen in intraday trades today. With action -12.93%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -7.62%, with the 5-day performance at -12.93% in the red. However, in the 30-day time frame, Babcock & Wilcox Enterprises Inc (NYSE:BW) is -16.30% down. Looking at the short shares, we see there were 2.04 million shares sold at short interest cover period of 1.96 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6.5, meaning bulls need an upside of 76.77% from its recent market value. According to analyst projections, BW’s forecast low is 6.5 with 6.5 as the target high. To hit the forecast high, the stock’s price needs a -330.46% plunge from its current level, while the stock would need to soar -330.46% for it to hit the projected low.
Babcock & Wilcox Enterprises Inc (BW) estimates and forecasts
Data shows that the Babcock & Wilcox Enterprises Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -21.50% over the past 6 months, a 82.26% in annual growth rate that is considerably higher than the industry average of 22.90%. Year-over-year growth is forecast to reach -13.61% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 212.3M. 3 analysts are of the opinion that Babcock & Wilcox Enterprises Inc’s revenue for the current quarter will be 177.6M. The company’s revenue for the corresponding quarters a year ago was 227.2M and 207.6M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -6.56%. The estimates for the next quarter sales put growth at -14.45%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 46.93%. The 2025 estimates are for Babcock & Wilcox Enterprises Inc earnings to increase by 87.14%.
BW Dividends
Babcock & Wilcox Enterprises Inc is expected to release its next quarterly earnings report in February.
Babcock & Wilcox Enterprises Inc (NYSE:BW)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.88% of Babcock & Wilcox Enterprises Inc shares while 71.55% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 76.02%. There are 71.55% institutions holding the Babcock & Wilcox Enterprises Inc stock share, with B. RILEY FINANCIAL, INC. the top institutional holder. As of 2024-06-30, the company held 30.6737% of the shares, roughly 27.45 million BW shares worth $39.8 million.
NEUBERGER BERMAN GROUP LLC holds the second largest percentage of outstanding shares, with 6.7647% or 6.05 million shares worth $8.78 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Neuberger & Berman Intrinsic Value Fd and Vanguard Total Stock Market Index Fund. With 1.9 shares estimated at $2.88 million under it, the former controlled 2.02% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.95% of the shares, roughly 1.84 shares worth around $2.79 million.
