During the last session, Babcock & Wilcox Enterprises Inc (NYSE:BW)’s traded shares were 0.78 million, with the beta value of the company hitting 1.72. At the end of the trading day, the stock’s price was $1.46, reflecting an intraday loss of -4.58% or -$0.07. The 52-week high for the BW share is $2.99, that puts it down -104.79 from that peak though still a striking 48.63% gain since the share price plummeted to a 52-week low of $0.75. The company’s market capitalization is $137.70M, and the average intraday trading volume over the past 10 days was 1.12 million shares, and the average trade volume was 1.19 million shares over the past three months.
Babcock & Wilcox Enterprises Inc (BW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.50. BW has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.01.
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Babcock & Wilcox Enterprises Inc (BW) registered a -4.58% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.58% in intraday trading to $1.46, hitting a weekly high. The stock’s 5-day price performance is -9.32%, and it has moved by -9.32% in 30 days. Based on these gigs, the overall price performance for the year is 9.77%. The short interest in Babcock & Wilcox Enterprises Inc (NYSE:BW) is 2.04 million shares and it means that shorts have 1.96 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.5, which implies an increase of 77.54% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.5 and $6.5 respectively. As a result, BW is trading at a discount of -345.21% off the target high and -345.21% off the low.
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 -8.18% during the last six months, with a year-to-date growth rate more than the industry average at 82.26% against 21.10. In the rating firms’ projections, revenue will decrease -13.61% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 212.3M as predicted by 4 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 177.6M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 227.2M and 207.6M respectively. In this case, analysts expect current quarter sales to shrink by -6.56% and then drop by -14.45% in the coming quarter.
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 87.14% in 2025.
BW Dividends
Babcock & Wilcox Enterprises Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Babcock & Wilcox Enterprises Inc (NYSE:BW)’s Major holders
Babcock & Wilcox Enterprises Inc insiders own 5.88% of total outstanding shares while institutional holders control 71.52%, with the float percentage being 75.99%. B. RILEY FINANCIAL, INC. is the largest shareholder of the company, while 122.0 institutions own stock in it. As of 2024-06-30, the company held over 27.45 million shares (or 30.6737% of all shares), a total value of $39.8 million in shares.
The next largest institutional holding, with 6.05 million shares, is of NEUBERGER BERMAN GROUP LLC’s that is approximately 6.7647% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $8.78 million.
Also, the Mutual Funds coming in first place with the largest holdings of Babcock & Wilcox Enterprises Inc (BW) shares are Neuberger & Berman Intrinsic Value Fd and Vanguard Total Stock Market Index Fund . Data provided on Nov 30, 2024 indicates that Neuberger & Berman Intrinsic Value Fd owns about 1.9 shares. This amounts to just over 2.02 percent of the company’s overall shares, with a $2.78 million market value. The same data shows that the other fund manager holds slightly less at 1.84, or about 1.95% of the stock, which is worth about $2.69 million.
