Babcock & Wilcox Enterprises Inc (BW) saw an uptrend of 6.04% in the recent trading with $1.05 being its most recent. The current price level -64.88% lower than the highest price of $2.99 marked by the stock while trading over the past 52-weeks, whereas it is 368.54% higher than the lowest price of $0.22 the company dropped to over past 52-weeks. The latest news story on BW appeared in (Business Wire) under the title “Babcock & Wilcox Announces Extension of Expiration Date to Its Cash Tender Offer For Two Series of Notes” on Jul-14-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.33 for the stock.
Babcock & Wilcox Enterprises Inc Earnings – What Happened With BW
Coming around sales and income figures on BW Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Babcock & Wilcox Enterprises Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 98.40 million. BW does have institutional investors; and they hold 67.57% of the stock.
As on 2024-06-30, B. RILEY FINANCIAL, INC. was the top most holder in Babcock & Wilcox Enterprises Inc (NYSE:BW) with an ownership of 27.45 million shares of the company or 30.1448 of the stake worth $39.8 million. The filing also reveals NEUBERGER BERMAN GROUP LLC as the second largest holder in the company with a control over 6.6481 of the outstanding shares. Its stake is worth $8.78 million for having 6.05 million shares in hand.
CASTLEKNIGHT MANAGEMENT LP also came holding a key position in the company during the recent quarter and it now holds 4.6712 of the outstanding shares. With this there are now 118.0 institutions which have possession in BW’s shares.
Key Metrics forBW
Technical Analysis of Babcock & Wilcox Enterprises Inc (NYSE:BW) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Babcock & Wilcox Enterprises Inc (BW), we notice that the stock’s 20-day average volume is at 853,275 shares and 50% of short term indicators are suggesting the stock as Buy. And to end with, BW’s 100-day average volume are 2,001,738 shares.
