During the recent session, Babcock & Wilcox Enterprises Inc (NYSE:BW)’s traded shares were 0.47 million, with the beta value of the company hitting 1.41. At the last check today, the stock’s price was $0.70, reflecting an intraday loss of -5.32% or -$0.04. The 52-week high for the BW share is $2.99, that puts it down -327.14 from that peak though still a striking -4.29% loss since the share price plummeted to a 52-week low of $0.73. The company’s market capitalization is $66.07M, and the average intraday trading volume over the past 10 days was 0.9 million shares, and the average trade volume was 972.23K 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 1.67. 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 -0.05.
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Babcock & Wilcox Enterprises Inc (BW) registered a -5.32% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.32% in intraday trading to $0.70, hitting a weekly high. The stock’s 5-day price performance is -20.04%, and it has moved by -34.52% in 30 days. Based on these gigs, the overall price performance for the year is -40.63%. The short interest in Babcock & Wilcox Enterprises Inc (NYSE:BW) is 2.0 million shares and it means that shorts have 2.32 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.5, which implies an increase of 89.23% 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 -828.57% off the target high and -828.57% off the low.
Babcock & Wilcox Enterprises Inc (BW) estimates and forecasts
In the rating firms’ projections, revenue will decrease -13.54% 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 213.07M as predicted by 3 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 -6.22% and then drop by -14.45% in the coming quarter.
BW Dividends
Babcock & Wilcox Enterprises Inc is due to release its next quarterly earnings on 2024-Nov-11. 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 75.59%, with the float percentage being 80.31%. B. RILEY FINANCIAL, INC. is the largest shareholder of the company, while 138.0 institutions own stock in it. As of 2024-06-30, the company held over 27.45 million shares (or 30.1448% 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 6.6481% 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 EQUITY FUNDS-Neuberger Berman Intrinsic Value Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. Data provided on Feb 28, 2025 indicates that NEUBERGER BERMAN EQUITY FUNDS-Neuberger Berman Intrinsic Value Fund owns about 1.9 shares. This amounts to just over 2.02 percent of the company’s overall shares, with a $1.34 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 $1.29 million.
