Equities Analysts Set Expectations for BW FY2025 Earnings

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) – Research analysts at B. Riley dropped their FY2025 earnings estimates for shares of Babcock & Wilcox Enterprises in a research note issued to investors on Wednesday, November 13th. B. Riley analyst A. Rygiel now forecasts that the technology company will earn $0.10 per share for the year, down from their previous estimate of $0.19. The consensus estimate for Babcock & Wilcox Enterprises’ current full-year earnings is ($0.03) per share.

Separately, StockNews.com upgraded shares of Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a research report on Thursday, August 15th.

Babcock & Wilcox Enterprises Price Performance

BW stock opened at $1.77 on Thursday. The company has a market capitalization of $166.95 million, a P/E ratio of -2.13 and a beta of 1.73. Babcock & Wilcox Enterprises has a 12 month low of $0.75 and a 12 month high of $2.99. The firm’s fifty day simple moving average is $2.07 and its 200-day simple moving average is $1.60.

Institutional Investors Weigh In On Babcock & Wilcox Enterprises

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Assenagon Asset Management S.A. raised its position in shares of Babcock & Wilcox Enterprises by 91.2% in the third quarter. Assenagon Asset Management S.A. now owns 2,251,498 shares of the technology company’s stock worth $4,593,000 after acquiring an additional 1,073,775 shares during the period. Jacobs Levy Equity Management Inc. increased its stake in shares of Babcock & Wilcox Enterprises by 2,372.3% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 727,262 shares of the technology company’s stock valued at $1,484,000 after purchasing an additional 697,845 shares in the last quarter. Vanguard Group Inc. raised its holdings in Babcock & Wilcox Enterprises by 11.6% in the 1st quarter. Vanguard Group Inc. now owns 3,379,556 shares of the technology company’s stock worth $3,819,000 after purchasing an additional 352,607 shares during the period. Russell Investments Group Ltd. boosted its position in Babcock & Wilcox Enterprises by 29.3% during the first quarter. Russell Investments Group Ltd. now owns 867,520 shares of the technology company’s stock worth $980,000 after purchasing an additional 196,408 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in Babcock & Wilcox Enterprises in the second quarter valued at approximately $157,000. Institutional investors and hedge funds own 83.17% of the company’s stock.

Babcock & Wilcox Enterprises Company Profile

Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.