Babcock & Wilcox Enterprises Inc (NYSE:BW) has a beta value of 1.46 and has seen 1.23 million shares traded in the recent trading session. The company, currently valued at $57.54M, closed the recent trade at $0.61 per share which meant it lost -$0.06 on the day or -9.27% during that session. The BW stock price is -390.16% off its 52-week high price of $2.99 and -4.92% below the 52-week low of $0.64. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.96 million shares traded. The 3-month trading volume is 957.87K shares.
The consensus among analysts is that Babcock & Wilcox Enterprises Inc (BW) is Buy stock at the moment, with a recommendation rating of 1.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.16.
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Sporting -9.27% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BW stock price touched $0.61 or saw a rise of 28.24%. Year-to-date, Babcock & Wilcox Enterprises Inc shares have moved -62.80%, while the 5-day performance has seen it change -29.18%. Over the past 30 days, the shares of Babcock & Wilcox Enterprises Inc (NYSE:BW) have changed -40.77%. Short interest in the company has seen 2.0 million shares shorted with days to cover at 2.32.
Wall Street analysts have a consensus price target for the stock at $6.5, which means that the shares’ value could jump 90.62% from the levels at last check today. The projected low price target is $6.5 while the price target rests at a high of $6.5. In that case, then, we find that the latest price level in today’s session is -965.57% off the targeted high while a plunge would see the stock gain -965.57% from the levels at last check today.
Babcock & Wilcox Enterprises Inc (BW) estimates and forecasts
The company’s shares have lost -67.89% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 13.85%.
3 analysts offering their estimates for the company have set an average revenue estimate of 177.6M for the current quarter. 3 have an estimated revenue figure of 199.6M for the next ending quarter. Year-ago sales stood 207.6M and 233.6M respectively for this quarter and the next, and analysts expect sales will shrink by -14.45% for the current quarter and 13.85% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 46.93% over the past 5 years.
BW Dividends
Babcock & Wilcox Enterprises Inc is expected to release its next earnings report on 2025-Mar-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Babcock & Wilcox Enterprises Inc (NYSE:BW)’s Major holders
Insiders own 5.88% of the company shares, while shares held by institutions stand at 75.67% with a share float percentage of 80.39%. Investors are also buoyed by the number of investors in a company, with Babcock & Wilcox Enterprises Inc having a total of 138.0 institutions that hold shares in the company. The top two institutional holders are B. RILEY FINANCIAL, INC. with over 27.45 million shares worth more than $39.8 million. As of 2024-06-30, B. RILEY FINANCIAL, INC. held 30.1448% of shares outstanding.
The other major institutional holder is NEUBERGER BERMAN GROUP LLC, with the holding of over 6.05 million shares as of 2024-06-30. The firm’s total holdings are worth over $8.78 million and represent 6.6481% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are NEUBERGER BERMAN EQUITY FUNDS-Neuberger Berman Intrinsic Value Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. As of Feb 28, 2025, the former fund manager holds about 2.02% shares in the company for having 1.9 shares of worth $1.12 million while later fund manager owns 1.84 shares of worth $1.08 million as of Dec 31, 2024, which makes it owner of about 1.95% of company’s outstanding stock.
