BWX Technologies (NYSE:BWXT – Get Free Report) released its quarterly earnings results on Monday. The technology company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.76 by $0.06, Briefing.com reports. The firm had revenue of $681.50 million during the quarter, compared to analyst estimates of $639.31 million. BWX Technologies had a net margin of 10.00% and a return on equity of 31.57%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.65 EPS. BWX Technologies updated its FY24 guidance to $3.10-$3.20 EPS and its FY 2024 guidance to 3.100-3.200 EPS.
BWX Technologies Price Performance
NYSE:BWXT opened at $93.24 on Wednesday. The company has a market capitalization of $8.52 billion, a P/E ratio of 33.66, a P/E/G ratio of 3.65 and a beta of 0.68. BWX Technologies has a 12 month low of $70.21 and a 12 month high of $107.18. The business’s 50-day moving average is $94.97 and its 200 day moving average is $93.74. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 1.29.
BWX Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Friday, August 16th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, August 16th. This represents a $0.96 dividend on an annualized basis and a yield of 1.03%. BWX Technologies’s dividend payout ratio is currently 34.66%.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on BWX Technologies
BWX Technologies Company Profile
BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.
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