Babcock & Wilcox Enterprises Inc (NYSE: BW) is -6.85% lower on its value in year-to-date trading and has touched a low of $0.75 and a high of $5.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BW stock was last observed hovering at around $1.30 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $1.36, the stock is 13.38% and 2.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 4.62% at the moment leaves the stock 4.38% off its SMA200. BW registered -72.24% loss for a year compared to 6-month loss of 25.93%.
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The stock witnessed a 33.33% gain in the last 1 month and extending the period to 3 months gives it a -18.56%, and is 7.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.25% over the week and 7.95% over the month.
Babcock & Wilcox Enterprises Inc (BW) has around 2250 employees, a market worth around $125.39M and $907.81M in sales. Fwd P/E is 8.12. Profit margin for the company is -20.48%. Distance from 52-week low is 80.61% and -72.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-57.18%).
The EPS is expected to grow by 111.19% this year
146.0 institutions hold shares in Babcock & Wilcox Enterprises Inc (BW), with institutional investors hold 79.51% of the company’s shares. The shares outstanding are 89.45M, and float is at 86.88M with Short Float at 2.97%. Institutions hold 74.76% of the Float.
The top institutional shareholder in the company is B. RILEY FINANCIAL, INC. with over 27.45 million shares valued at $39.8 million. The investor’s holdings represent 30.6737 of the BW Shares outstanding. As of 2024-06-30, the second largest holder is NEUBERGER BERMAN GROUP LLC with 6.05 million shares valued at $8.78 million to account for 6.7647 of the shares outstanding. The other top investors are CASTLEKNIGHT MANAGEMENT LP which holds 4.25 million shares representing 4.7531 and valued at over $6.17 million, while VANGUARD GROUP INC holds 3.7429 of the shares totaling 3.35 million with a market value of $4.86 million.
Babcock & Wilcox Enterprises Inc (BW) Insider Activity
The most recent transaction is an insider sale by Dziewisz John J, the company’s General Counsel & Secretary. SEC filings show that Dziewisz John J sold 2,733 shares of the company’s common stock on Aug 15 ’24 at a price of $1.05 per share for a total of $2870.0. Following the sale, the insider now owns 0.22 million shares.
Still, SEC filings show that on Aug 01 ’24, Dziewisz John J (General Counsel & Secretary) disposed off 2,551 shares at an average price of $1.36 for $3459.0. The insider now directly holds 206,591 shares of Babcock & Wilcox Enterprises Inc (BW).
