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Maxim Group Stick to Their Buy Rating for BWX Technologies

Published 01/08/2021, 07:38 AM
Updated 01/08/2021, 07:38 AM


Maxim Group analyst Tate Sullivan maintained a Buy rating on BWX Technologies (NYSE:BWXT) on Thursday, setting a price target of $75, which is approximately 27.31% above the present share price of $58.91.

Sullivan expects BWX Technologies to post earnings per share (EPS) of $0.77 for the first quarter of 2021.

The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in BWX Technologies, with an average price target of $71.67.
The analysts price targets range from a high of $75 to a low of $70.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $519.88 million and a net profit of $80.52 million. The company's market cap is $5.61 billion.

According to TipRanks.com, Maxim Group analyst Tate Sullivan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.1% and a 50.18% success rate.

BWX Technologies, Inc. engages in the supply and provision of nuclear components and products. It operates through the following business segments: Nuclear Operations Group, Nuclear Services Group and Nuclear Power Group. The Nuclear Operations Group segment focuses on the design and manufacture of equipment for nuclear applications. The Nuclear Services Group segment includes nuclear materials processing, environmental site restoration services and management, operating services for various government-owned facilities, and inspection and maintenance services for the commercial nuclear industry. The Nuclear Power Group segment involves in the design and manufacture of commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment such as containers for the storage of spent nuclear fuel and other high-level nuclear waste. The company was founded by Stephen Wilcox and George Babcock in 1867 and is headquartered in Lynchburg, VA.

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