Maxim Group Sticks to Its Buy Rating for BWX Technologies (BWXT)


Maxim Group analyst Tate Sullivan maintained a Buy rating on BWX Technologies (BWXT) today and set a price target of $71. The company’s shares opened today at $51.74.

According to TipRanks.com, Sullivan is a 4-star analyst with an average return of 5.2% and a 68.0% success rate. Sullivan covers the Basic Materials sector, focusing on stocks such as Natural Gas Services Group, Recon Technology, and Emcor Group Inc.

BWX Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $71.

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Based on BWX Technologies’ latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $48.98 million. In comparison, last year the company had a net profit of $66.44 million.

Based on the recent corporate insider activity of 34 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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