Babcock & Wilcox Enterprises Inc (NYSE:BW) Shares Plunges -6.85% In A Week – But Can It Keep Rising?

In last trading session, Babcock & Wilcox Enterprises Inc (NYSE:BW) saw 0.65 million shares changing hands with its beta currently measuring 1.71. Company’s recent per share price level of $1.36 trading at $0.01 or 0.74% at ring of the bell on the day assigns it a market valuation of $128.27M. That closing price of BW’s stock is at a discount of -119.85% from its 52-week high price of $2.99 and is indicating a premium of 44.85% 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 0.91 million shares which gives us an average trading volume of 1.18 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 1.67. 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 -0.01 in the current quarter.

Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information

Upright in the green during last session for gaining 0.74%, in the last five days BW remained trading in the red while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $1.36 price level, adding 5.56% to its value on the day. Babcock & Wilcox Enterprises Inc’s shares saw a change of -17.07% in year-to-date performance and have moved -6.85% in past 5-day. Babcock & Wilcox Enterprises Inc (NYSE:BW) showed a performance of -16.05% in past 30-days. Number of shares sold short was 2.19 million shares which calculate 1.65 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 79.08% 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 -377.94% in reaching the projected high whereas dropping to the targeted low would mean a loss of -377.94% 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 added 0.74% of value to its shares in past 6 months, showing an annual growth rate of 82.26% while that of industry is 21.10. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -13.61% 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 212.3M for the same. And 3 analysts are in estimates of company making revenue of 177.6M in the next quarter. Company posted 227.2M and 207.6M of sales in current and next quarters respectively a year earlier.

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.

Babcock & Wilcox Enterprises Inc (NYSE:BW)’s Major holders

Insiders are in possession of 5.88% of company’s total shares while institution are holding 71.77 percent of that, with stock having share float percentage of 76.26%. Investors also watch the number of corporate investors in a company very closely, which is 71.77% 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.

On the other hand, Neuberger & Berman Intrinsic Value Fd and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 1.9 shares of worth $2.59 million or 2.02% of the total outstanding shares. The later fund manager was in possession of 1.84 shares on Sep 30, 2024 , making its stake of worth around $2.51 million in the company or a holder of 1.95% of company’s stock.