Analysts predict Babcock & Wilcox Enterprises Inc (BW) stock to reach $6.5 in the next 12 months

A share price of Babcock & Wilcox Enterprises Inc [BW] is currently trading at $2.51, saw in change for the day. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BW shares have gain 9.13% over the last week, with a monthly amount glided 3.29%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Babcock & Wilcox Enterprises Inc [NYSE: BW] stock has seen the most recent analyst activity on November 10, 2023, when Craig Hallum downgraded its rating to a Hold and also revised its price target to $2 from $10. Previously, Craig Hallum started tracking the stock with Buy rating on July 19, 2022, and set its price target to $11. On March 25, 2021, Lake Street initiated with a Buy rating and assigned a price target of $12 on the stock. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $10 on March 25, 2021. B. Riley Securities initiated its recommendation with a Buy and recommended $12 as its price target on February 18, 2021. KeyBanc Capital Mkts downgraded its rating to Sector Weight for this stock on March 01, 2017. In a note dated October 13, 2016, Credit Suisse downgraded an Underperform rating on this stock.

Babcock & Wilcox Enterprises Inc experienced fluctuations in its stock price throughout the past year between $0.75 and $2.99. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Babcock & Wilcox Enterprises Inc [NYSE: BW] shares were valued at $2.51 at the most recent close of the market. An investor can expect a potential return of 158.96% based on the average BW price forecast.

Analyzing the BW fundamentals

Trailing Twelve Months sales for Babcock & Wilcox Enterprises Inc [NYSE:BW] were 907.81M which represents -23.44% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is 0.89 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.43 points at the first support level, and at 2.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.57, and for the 2nd resistance point, it is at 2.63.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Babcock & Wilcox Enterprises Inc [NYSE:BW] is 1.72. Further, the Quick Ratio stands at 1.39, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 0.25.

Transactions by insiders

Recent insider trading involved Dziewisz John J, General Counsel & Secretary, that happened on Aug 15 ’24 when 2733.0 shares were sold. Officer, Dziewisz John J completed a deal on Aug 15 ’24 to buy 2733.0 shares. Meanwhile, General Counsel & Secretary Dziewisz John J sold 2551.0 shares on Aug 01 ’24.

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