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BWX Technologies Inc Stock Research

BWXT

62.92USD+1.19(+1.93%)Market Closed

Market Summary

USD62.92+1.19
Market Closed
1.93%

BWXT Alerts

BWXT Stock Price

BWXT RSI Chart

BWXT Valuation

Market Cap

5.8B

Price/Earnings (Trailing)

24.15

Price/Sales (Trailing)

2.58

EV/EBITDA

13.46

Price/Free Cashflow

123.97

BWXT Price/Sales (Trailing)

BWXT Profitability

Operating Margin

24.72%

EBT Margin

14.08%

Return on Equity

31.83%

Return on Assets

9.09%

Free Cashflow Yield

0.81%

BWXT Fundamentals

BWXT Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

5.44%

Revenue Q/Q

19.18%

BWXT Earnings

Earnings (TTM)

238.2M

Earnings Y/Y

-63.23%

Earnings Q/Q

-30.26%

Price Action

52 Week Range

45.2264.62
(Low)(High)

Last 7 days

-1.2%

Last 30 days

3.1%

Last 90 days

5.2%

Trailing 12 Months

18.0%

BWXT Financial Health

Current Ratio

2.1

BWXT Investor Care

Dividend Yield

1.4%

Dividend/Share (TTM)

0.88

Buy Backs (1Y)

3.04%

Diluted EPS (TTM)

2.6

Peers (Alternatives to BWX Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
124.0B
66.0B
-1.80% 6.15%
21.64
1.88
-1.58% -9.23%
121.1B
66.6B
-8.09% 10.18%
-24.54
1.82
6.94% -17.44%
68.9B
36.6B
-3.31% 1.30%
14.08
1.88
2.62% -30.11%
40.7B
5.6B
-5.86% 7.91%
43.68
7.22
15.29% 17.40%
MID-CAP
9.7B
2.3B
-5.88% 12.02%
27.48
4.38
20.68% 11.62%
8.2B
10.7B
-6.17% 3.09%
14.14
0.77
12.10% 6.43%
5.8B
2.2B
3.07% 18.01%
24.15
2.58
5.12% -22.13%
2.4B
5.0B
-19.30% -32.03%
-5.96
0.54
27.24% -0.91%
2.3B
487.1M
0.14% 22.53%
-294.59
4.74
8.46% -5840.15%
SMALL-CAP
1.6B
1.8B
-2.80% 15.55%
17.55
0.87
6.02% 23.12%
728.6M
1.4B
-15.32% -55.76%
7.55
0.53
-10.88% 191.35%
632.3M
712.5M
-9.80% -0.19%
21.96
0.89
10.40% -78.76%
496.3M
321.6M
0.58% -6.46%
29.25
1.52
-9.60% -19.31%
292.4M
492.8M
-12.53% -2.77%
-14.86
0.62
11.07% 41.98%

Financials for BWX Tech

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.5%2,2332,2012,1762,1272,124
  S&GA Expenses3.1%234227228232230
  R&D Expenses11.4%10.009.0010.0011.0011.00
EBITDA-16.8%425510507488-
EBITDA Margin-18.0%0.19*0.23*0.23*0.23*-
Earnings Before Taxes-22.3%314405400381396
EBT Margin-23.4%0.14*0.18*0.18*0.18*-
Interest Expenses13.7%36.0032.0034.0036.0036.00
Net Income-23.7%238312310295306
Net Income Margin-24.8%0.11*0.14*0.14*0.14*-
Free Cahsflow-47.6%46.0088.0064.0021.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-2.0%2,6192,6722,7062,5692,501
  Current Assets-9.2%772850853792774
    Cash Equivalents-31.4%35.0051.0067.0024.0034.00
  Net PPE4.7%1,1351,0831,0891,0711,046
  Goodwill1.1%29329029717.00286
  Current Liabilities-9.6%368407409409460
    LT Debt, CurrentInfinity%6.00----
    LT Debt, Non Current-4.3%1,2831,3411,3801,3001,189
Shareholder's Equity5.0%748713704660637
  Retained Earnings1.2%1,9331,9101,8691,8141,776
  Additional Paid-In Capital1.3%189187183178174
Shares Outstanding0.0%91.0091.0092.00--
Minority Interest-79.7%0.000.000.000.000.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-17.7%245297300282386
  Share Based Compensation-10.6%14.0016.0018.0019.0019.00
Cashflow From Investing2.8%-256-263-299-268-304
Cashflow From Financing128.4%14.00-49.21-124-48.84-90.14
  Dividend Payments1.0%81.0080.0080.0080.0080.00
  Buy Backs-66.7%20.0060.00226226226

Risks for BWXT

What is the probability of a big loss on BWXT?

65%


Probability that BWX Tech stock will be more than 20% underwater in next one year

45.4%


Probability that BWX Tech stock will be more than 30% underwater in next one year.

16.5%


Probability that BWX Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BWXT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if BWX Tech was unfortunately bought at previous high price.

Drawdowns

Returns for BWXT

Cumulative Returns on BWXT

12.8%


10-Year Cumulative Returns

10.5%


7-Year Cumulative Returns

0.8%


5-Year Cumulative Returns

7.0%


3-Year Cumulative Returns

What are the long-term rolling returns for BWXT?

FIve years rolling returns for BWX Tech.

Annualized Returns

Which funds bought or sold BWXT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-14.54
-595,756
40,384,200
0.04%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-0.62
254,000
1,995,000
0.01%
2023-02-28
Voya Investment Management LLC
added
91.26
1,379,980
2,523,980
-%
2023-02-24
SRS Capital Advisors, Inc.
added
0.89
580
6,580
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
sold off
-100
-1,221,000
-
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-8.14
469,000
9,339,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
111
2,298
4,298
-%
2023-02-21
Empowered Funds, LLC
added
19.95
289,291
1,043,290
0.07%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
88,173
88,173
0.03%
2023-02-17
TRUIST FINANCIAL CORP
added
3.14
56,768
358,768
-%

1–10 of 48

Latest Funds Activity

Are funds buying BWXT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BWXT
No. of Funds

BWX Tech News

Barchart

Stocks Climb Before The Open As Investors Await Key U.S. GDP ....

Barchart,
27 days ago

Schedule 13G FIlings of BWX Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
0.2%
210,397
SC 13G/A
Feb 13, 2023
boston partners
4.96%
4,521,300
SC 13G/A
Feb 09, 2023
william blair investment management, llc
6.9%
6,249,032
SC 13G/A
Feb 09, 2023
vanguard group inc
9.18%
8,375,421
SC 13G/A
Feb 06, 2023
wellington management group llp
7.45%
6,799,255
SC 13G/A
Feb 01, 2023
blackrock inc.
5.6%
5,131,709
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
9.5%
8,801,382
SC 13G/A
Feb 11, 2022
boston partners
5.69%
5,248,686
SC 13G
Feb 09, 2022
vanguard group inc
8.98%
8,282,028
SC 13G/A
Feb 04, 2022
blackrock inc.
5.3%
4,890,010
SC 13G

BWXT Fair Value

BWX Tech fair value in different scenarios

The table shows the Fair Value estimates for BWX Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

31.15

-50.49%

54.16

-13.92%

66.84

6.23%

81.72

29.88%

102.00

62.11%
Current Inflation

26.02

-58.65%

36.35

-42.23%

48.99

-22.14%

61.36

-2.48%

71.67

13.91%
Very High Inflation

25.74

-59.09%

41.67

-33.77%

49.48

-21.36%

59.50

-5.44%

72.79

15.69%

Historical BWX Tech Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of BWX Tech

View All Filings
Date Filed Form Type Document
Mar 15, 2023
ARS
ARS
Mar 15, 2023
DEF 14A
DEF 14A
Mar 15, 2023
DEFA14A
DEFA14A
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading

Latest Insider Trading transactions for BWXT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-27
Geveden Rex D
acquired
-
-
58,450
president and ceo
2023-02-27
LeMasters Robb A.
acquired
-
-
5,041
svp & chief financial officer
2023-02-27
Geveden Rex D
sold (taxes)
-1,616,730
61.7
-26,203
president and ceo
2023-02-27
LeMasters Robb A.
sold (taxes)
-140,244
61.7
-2,273
svp & chief financial officer
2023-02-27
Whitford Ronald Owen Jr
acquired
-
-
3,333
svp, general counsel and sec.
2023-02-27
Whitford Ronald Owen Jr
sold (taxes)
-90,267
61.7
-1,463
svp, general counsel and sec.
2023-02-25
Geveden Rex D
acquired
-
-
7,864
president and ceo
2023-02-25
Whitford Ronald Owen Jr
sold (taxes)
-11,572
60.91
-190
svp, general counsel and sec.
2023-02-25
Geveden Rex D
sold (taxes)
-204,719
60.91
-3,361
president and ceo
2023-02-25
Whitford Ronald Owen Jr
acquired
-
-
393
svp, general counsel and sec.

1–10 of 50

Rex D. Geveden
6600
BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. The Nuclear Operations Group segment provides precision naval and critical nuclear components, reactors, nuclear fuel, and assemblies for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; missile launch tubes for United States Navy submarines; close-tolerance and equipment for nuclear applications; and converts Cold War-era government stockpiles of high-enriched uranium, as well as receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; supplies research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications. The Nuclear Power Group segment offers commercial nuclear steam generators, nuclear fuel, fuel handling systems, pressure vessels, reactor components, heat exchangers, tooling delivery systems, and containers; engineering and in-plant services for nuclear power plants; designs, manufactures, commissions, and services nuclear power generation equipment; in-plant inspection, maintenance, and modification services, as well as non-destructive examination and tooling/repair solutions; and supplies medical radioisotopes and radiopharmaceuticals for research, diagnostic, and therapeutic uses. The Nuclear Services Group segment provides nuclear materials processing, environmental site restoration, and management and operating services; develops technology for nuclear power sources application; and designs, engineers, licenses, and manufactures nuclear reactors. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. BWX Technologies, Inc. was founded in 1867 and is headquartered in Lynchburg, Virginia.

BWXT Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenues$ 2,232,834$ 2,124,074$ 2,123,516
Costs and Expenses:   
Cost of operations1,680,8991,573,7971,548,119
Research and development costs9,53511,05914,189
Losses (gains) on asset disposals and impairments, net5,520(3,532)(1,361)
Selling, general and administrative expenses234,282230,400231,169
Total Costs and Expenses1,930,2361,811,7241,792,116
Equity in Income of Investees45,97333,49827,152
Operating Income348,571345,848358,552
Other Income (Expense):   
Interest income758416518
Interest expense(36,410)(35,758)(31,014)
Other – net1,45885,20734,116
Other Income (Expense)(34,194)49,8653,620
Total before tax314,377395,713362,172
Provision for Income Taxes75,75789,42582,976
Net Income238,620306,288279,196
Net Income Attributable to Noncontrolling Interest(429)(417)(526)
Net Income Attributable to BWX Technologies, Inc.$ 238,191$ 305,871$ 278,670
Basic:   
Net income attributable to BWX Technologies, Inc. (USD per share)$ 2.60$ 3.24$ 2.92
Diluted:   
Net income attributable to BWX Technologies, Inc. (USD per share)$ 2.60$ 3.24$ 2.91
Shares used in the computation of earnings per share (Note 17):   
Basic (in shares)91,447,08894,278,89495,457,193
Diluted (in shares)91,702,11194,518,42295,726,497

BWXT Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash and cash equivalents$ 35,244$ 33,891
Restricted cash and cash equivalents2,9282,896
Investments3,8043,811
Accounts receivable – trade, net60,78270,663
Accounts receivable – other26,89416,651
Retainages48,56651,507
Contracts in progress538,365546,595
Other current assets55,03647,718
Total Current Assets771,619773,732
Property, Plant and Equipment, Net1,134,8971,045,640
Investments8,0979,558
Goodwill293,165285,502
Deferred Income Taxes20,58521,394
Investments in Unconsolidated Affiliates100,19885,284
Intangible Assets193,612185,551
Other Assets96,76694,719
TOTAL2,618,9392,501,380
Current Liabilities:  
Current maturities of long-term debt6,2500
Accounts payable127,112189,842
Accrued employee benefits61,07971,835
Accrued liabilities – other84,69386,319
Advance billings on contracts88,726111,619
Total Current Liabilities367,860459,615
Long-Term Debt1,282,6241,189,304
Accumulated Postretirement Benefit Obligation18,15724,333
Environmental Liabilities90,98992,642
Pension Liability57,83259,388
Other Liabilities53,12238,863
Commitments and Contingencies (Note 10)
Stockholders' Equity:  
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 127,671,756 and 127,311,985 shares at December 31, 2022 and 2021, respectively1,2771,273
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; no shares issued00
Capital in excess of par value189,263174,288
Retained earnings1,932,9701,775,751
Treasury stock at cost, 36,417,480 and 35,915,747 shares at December 31, 2022 and 2021, respectively(1,353,270)(1,326,280)
Accumulated other comprehensive income (loss)(21,930)12,143
Stockholders' Equity – BWX Technologies, Inc.748,310637,175
Noncontrolling interest4560
Total Stockholders' Equity748,355637,235
TOTAL$ 2,618,939$ 2,501,380