BWX (BWXT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
BWX (BWXT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
BWX Technologies is a key player in nuclear components and fuel, with 80% of revenue from U.S. government contracts, driving its growth prospects. Despite strong profitability and growth potential, BWXT's high valuation ratios suggest limited upside, making it expensive compared to its sector. Risks include heavy reliance on government contracts, regulatory changes, and competition from global players, potentially impacting future growth and market share.
Seaport Global analyst Jeff Campbell on Tuesday initiated coverage on BWX Technologies Inc BWXT with a Buy rating and a price target of $145.
Stocks like BWXT Technologies, GE Vernova and Constellation Energy offer a great opportunity for investors who want to create a nuclear energy portfolio.
The consensus price target hints at a 31.4% upside potential for BWX (BWXT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
BWXT's expanding backlog, strategic acquisitions and strong guidance reinforce its long-term growth potential.
The Zacks Electronics - Miscellaneous Components industry players like BWXT, FN and OSIS are benefiting from the solid adoption of AI and the democratization of IoT.
BWX Technologies, Inc. (NYSE:BWXT ) Q4 2024 Earnings Conference Call February 24, 2025 5:00 PM ET Company Participants Chase Jacobson - VP, IR Rex Geveden - President & CEO Robb LeMasters - SVP & CFO Conference Call Participants Scott Deuschle - Deutsche Bank Thomas Meric - Janney Montgomery Scott Bob Labick - CJS Pete Skibitski - Alembic Global Michael Ciarmoli - Joe Securities Joshua Korn - Barclays Andre Madrid - BTIG Peter Arment - Baird Operator Ladies and gentlemen, welcome to BWX Technologies Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
BWX Technologies (BWXT) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.01 per share a year ago.
BWXT's Q4 results are likely to reflect negative impacts from the shutdown of a facility and project in East Tennessee due to flooding and power outage.
BWX Technologies has a substantial competitive advantage in the new nuclear market, with advanced SMR technology and established supply chains. The emerging new nuclear companies Oklo, NuScale, and NanoNuclear lack the financial strength, track record, and technical advantage to compete effectively with BWXT. Despite BWXT's strong position, uncertainties in nuclear industry growth, regulatory changes, and competition in AI and EV markets pose significant investment risks.