SunTrust Robinson Maintains a Buy Rating on BWX Technologies (BWXT)


SunTrust Robinson analyst Michael Ciarmoli maintained a Buy rating on BWX Technologies (NYSE: BWXT) today and set a price target of $79. The company’s shares closed yesterday at $63.91.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 17.9% and a 75.0% success rate. Ciarmoli covers the Consumer Goods sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Transdigm Group Inc, and Triumph Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BWX Technologies with a $71.75 average price target, a 12.3% upside from current levels. In a report issued on August 16, Drexel Hamilton also assigned a Buy rating to the stock with a $74 price target.

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Based on BWX Technologies’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $60.66 million. In comparison, last year the company had a net profit of $61.26 million.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock.

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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.

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