In the last trading session, 2.77 million shares of the Babcock & Wilcox Enterprises Inc (NYSE:BW) were traded, and its beta was 1.95. Most recently the company’s share price was $0.30, and it changed around -$0.01 or -3.71% from the last close, which brings the market valuation of the company to $29.37M. BW currently trades at a discount to its 52-week high of $2.99, offering almost -896.67% off that amount. We note from Babcock & Wilcox Enterprises Inc’s average daily trading volume that its 10-day average is 2.61 million shares, with the 3-month average coming to 1.13 million.
Babcock & Wilcox Enterprises Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended BW as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Babcock & Wilcox Enterprises Inc is expected to report earnings per share of -0.16 for the current quarter.
Babcock & Wilcox Enterprises Inc (NYSE:BW) trade information
Instantly BW has showed a red trend with a performance of -3.71% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.3983 on recent trading dayincreased the stock’s daily price by 24.68%. The company’s shares are currently down -81.80% year-to-date, but still down -9.22% over the last five days. On the other hand, Babcock & Wilcox Enterprises Inc (NYSE:BW) is -69.01% down in the 30-day period. We can see from the shorts that 2.56 million shares have been sold at a short interest cover period of 2.83 day(s).
The consensus price target as assigned by Wall Street analysts is $1, which translates to bulls needing to increase their stock price by 70.0% from its current value. Analyst projections state that BW is forecast to be at a low of $1 and a high of $1.
Babcock & Wilcox Enterprises Inc (BW) estimates and forecasts
The year-over-year growth rate is expected to be 5.45%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 162.6M in revenue for the current quarter. 3 analysts expect Babcock & Wilcox Enterprises Inc to make 181.7M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 207.6M and 233.6M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -21.68%. Forecasts for the next quarter put sales growth at -22.22%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.83%.
BW Dividends
Babcock & Wilcox Enterprises Inc’s next quarterly earnings report is expected to be released on 2025-Mar-30.
Babcock & Wilcox Enterprises Inc (NYSE:BW)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.64% of Babcock & Wilcox Enterprises Inc shares, and 72.52% of them are in the hands of institutional investors. The stock currently has a share float of 76.86%. Babcock & Wilcox Enterprises Inc stock is held by 139.0 institutions, with B. RILEY FINANCIAL, INC. being the largest institutional investor. By 2024-06-30, it held 30.1448% of the shares, which is about 27.45 million shares worth $39.8 million.
NEUBERGER BERMAN GROUP LLC, with 6.6481% or 6.05 million shares worth $8.78 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
NEUBERGER BERMAN EQUITY FUNDS-Neuberger Berman Intrinsic Value Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 1.9 shares worth $0.57 million, making up 1.94% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 1.84 shares worth around $0.55 million, which represents about 1.87% of the total shares outstanding.
