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Friday, September 29, 2023

Babcock & Wilcox Enterprises Inc. (BW) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Babcock & Wilcox Enterprises Inc. (BW) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $5.25. The Babcock & Wilcox Enterprises Inc. has recorded 51,483 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Babcock & Wilcox Enterprises to Present at September Investor Conferences.

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Stocks Info

Babcock & Wilcox Enterprises Inc. is listed on the NYSE in the Industrials sector while operating in the Specialty Industrial Machinery industry. At the end of the last regular session, the stock closed at $5.25 and fluctuated between $5.26 as its day high and $5.05 as its day low. The current market capitalization of Babcock & Wilcox Enterprises Inc. is $455.18M. A total of 0.51 million shares were traded on the day, compared to an average of 577.38K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BW has seen 12 BUY and 0 SELL insider trades, representing the acquisition of 157,000 and the disposition of 0 shares. Over the last 12 months, there were 43 BUYs and 0 SELLs from insiders. Insiders purchased 1,071,509 shares during that period but sold 0.

In the most recent transaction, Buckler Joseph T sold 3,500 shares of BW for 4.79 per share on Aug 25. After the transaction, the Senior Vice President now owns 115,003 company shares. In a previous transaction on Aug 16, Dziewisz John J sold 2,050 shares at 5.10 per share. BW shares that General Counsel & Secretary owns now total 183,456.

Among the insiders who sold shares, Buckler Joseph T disposed of 2,500 shares on Aug 11 at a per-share price of $5.33. This resulted in the Senior Vice President holding 104,840 shares of BW after the transaction. In another insider transaction, Buckler Joseph T sold 4,000 shares at $5.42 per share on Jul 28. Company shares held by the Senior Vice President now total 107,340.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BW in the last 3 months, the mean price target is $8.80 with high estimates of $13.00 and low estimates of $5.00. In terms of 52-week highs and lows, BW has a high of $8.62 and a low of $3.89.

As of this writing, BW has an earnings estimate of $0.03 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.1 per share and a lower estimate of -$0.05. The company reported an EPS of -$0.18 in the last quarter, which was -100.00% lower than expectations of -$0.09.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. BW’s latest balance sheet shows that the firm has $224.90M in Cash & Short Term Investments as of fiscal 2021. There were $402.80M in debt and $253.40M in liabilities at the time. Its Book Value Per Share was -$0.15, while its Total Shareholder’s Equity was $58.60M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BW is Buy with a score of 5.00.

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