Credit Suisse initiated coverage on BWX Technologies with a new price target
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Credit Suisse initiated coverage of BWX Technologies with a rating of Outperform and set a new price target of $65.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/24/2024 | $75.00 → $90.00 | Equal Weight → Underweight | Barclays |
| 6/27/2024 | $113.00 | Buy | Janney |
| 6/26/2024 | $110.00 | Buy | BTIG Research |
| 6/3/2024 | Buy | CLSA | |
| 3/25/2024 | $110.00 → $95.00 | Buy → Hold | Truist |
| 11/3/2023 | $79.00 → $82.00 | Overweight → Neutral | Alembic Global Advisors |
| 9/28/2023 | $86.00 | Buy | Deutsche Bank |
| 8/4/2023 | $61.00 → $85.00 | Neutral → Outperform | Robert W. Baird |
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
Barclays analyst David Strauss downgrades BWX Technologies (NYSE:BWXT) from Equal-Weight to Underweight and raises the price target from $75 to $90.
Actinium-225 (Ac-225) is a critical medical isotope used to kill cancer cells while minimizing the impact to healthy tissues.
BWXT Medical Ltd., a subsidiary of BWX Technologies, Inc. (NYSE:BWXT) and NorthStar Medical Radioisotopes, LLC (NorthStar) today announced that they have signed a Master Services Agreement (MSA), which will facilitate the production of actinium-225 (Ac-225), a critical medical isotope used to kill cancer cells while minimizing the impact to healthy tissues. Medical isotopes are essential for a wide range of diagnostic and therapeutic procedures, including cancer treatments and advanced imaging techniques. Pursuant to the multi-year MSA, the companies will work together to process and purify radium-226. The scope of the agreement also includes potential target design projects and exploration
John D. Haynes School of Welding Technology Fills Critical Training Need to Support National Defense Priorities BWX Technologies, Inc. (NYSE:BWXT) today announced the opening of the John D. Haynes School of Welding Technology at Mount Vernon High School in Mount Vernon, Indiana. The company, along with the U.S. Navy and the BlueForge Alliance, have invested $500,000 into the new school to help further the educational journeys of students interested in pursuing a career in welding. The welding school provides a direct employment opportunity for students from Mount Vernon High School to BWXT's Nuclear Operations Group in Mount Vernon. Participants can complete their high school degree and p
BWX Technologies, Inc. (NYSE:BWXT) has appointed Vittorio Puppo as president of BWXT Medical Ltd., effective August 12, 2024. In his new role, Puppo will focus on advancing the business' mission to deliver high-quality nuclear medical products and solutions that improve patient outcomes worldwide. Puppo brings a wealth of experience to BWXT Medical, with over 30 years of experience in the areas of imaging, nuclear medicine, radiation therapy and biotech, in both Europe and North America. In his most recent roles, he served as chief operating officer of Radiopharm Theranostics and held various positions with Bracco. These include chief marketing and strategy officer of Bracco Imaging, pres
SMR Supplier Group Will Support Global Deployment of BWRX-300 Design BWXT Canada Ltd., a subsidiary of BWX Technologies, Inc. (NYSE:BWXT), has been selected as the first qualified supply chain company to join the GE Vernova nuclear business' supplier group that will advance the global deployment of the BWRX-300 small modular reactor (SMR). The purpose of the supplier group is to ensure a reliable, cost effective and innovative process for the manufacture and commercialization of the BWRX-300 currently under design by GE Vernova's nuclear business, GE Hitachi Nuclear Energy (GEH). Suppliers who meet pre-defined criteria, customer requirements and demonstrate a willingness to internally i
BWX Technologies, Inc. (NYSE:BWXT) will issue a press release detailing third quarter 2024 results on Monday, November 4, 2024, after market close and will host a conference call at 5:00 p.m. EST. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 1-888-596-4144 and (International) 1-646-968-2525; conference ID: 4276735. A replay of the call will remain available on the BWXT website for a limited time. About BWXT At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 1
2Q24 revenues of $681.5 million 2Q24 net income of $73.0 million, adjusted EBITDA(1) of $126.2 million 2Q24 diluted GAAP EPS of $0.79, non-GAAP(1) EPS of $0.82 BWXT-led JV awarded management and operations contract for the NNSA's Pantex Plant 2024 non-GAAP EPS(1) guidance revised to $3.10-$3.20 BWX Technologies, Inc. (NYSE:BWXT) ("BWXT", "we", "us" or the "Company") reported second quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. "Second quarter results were ahead of our expectations driven by strong organic growth and crisp execution across our business lines," said Rex. D Geveden. "Our solid year-to-date performance provides us th
BWX Technologies, Inc. (NYSE:BWXT) will issue a press release detailing second quarter 2024 results on Monday, August 5, 2024, after market close and will host a conference call at 5:00 p.m. EDT. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 1-888-596-4144 and (International) 1-646-968-2525; conference ID: 7880317. A replay of the call will remain available on the BWXT website for a limited time. About BWXT At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and Defense News To
John D. Haynes School of Welding Technology Fills Critical Training Need to Support National Defense Priorities BWX Technologies, Inc. (NYSE:BWXT) today announced the opening of the John D. Haynes School of Welding Technology at Mount Vernon High School in Mount Vernon, Indiana. The company, along with the U.S. Navy and the BlueForge Alliance, have invested $500,000 into the new school to help further the educational journeys of students interested in pursuing a career in welding. The welding school provides a direct employment opportunity for students from Mount Vernon High School to BWXT's Nuclear Operations Group in Mount Vernon. Participants can complete their high school degree and p
BWX Technologies, Inc. (NYSE:BWXT) is pleased to announce that Hanford Tank Waste Operations & Closure, LLC (H2C) has been approved by the U.S. Department of Energy (DOE) to begin the Hanford Integrated Tank Disposition Contract (ITDC). After being previously approved to work on pre-transition activities, the DOE has issued H2C a notice to proceed, effective October 21, 2024. Earlier in 2024, the DOE announced that the contract had been awarded to H2C, which is a joint venture led by a BWXT subsidiary and includes Amentum and Fluor companies. A protest against this award was recently dismissed in the U.S. Court of Federal Claims. "We are very excited to begin working with DOE on this incr
BWX Technologies, Inc. (NYSE:BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was selected by the U.S. Department of Energy (DOE) as one of the successful bidders for High-Assay Low-Enriched Uranium (HALEU) deconversion services to support the civil advanced reactor marketplace. This is an indefinite-delivery, indefinite-quantity contract where future orders will be solicited by DOE from those who received awards, including NFS. The minimum ordering guarantee is $2 million. The DOE is scheduled to release more information about this award today, Oct. 8, at 5:30 p.m. E.T. Forward Looking Statements BWXT cautions that this release contains forward-looking statem
SC 13G/A - BWX Technologies, Inc. (0001486957) (Subject)
SC 13G/A - BWX Technologies, Inc. (0001486957) (Subject)
SC 13G/A - BWX Technologies, Inc. (0001486957) (Subject)
10-Q - BWX Technologies, Inc. (0001486957) (Filer)
8-K - BWX Technologies, Inc. (0001486957) (Filer)
SD - BWX Technologies, Inc. (0001486957) (Filer)
Barclays downgraded BWX Technologies from Equal Weight to Underweight and set a new price target of $90.00 from $75.00 previously
Janney initiated coverage of BWX Technologies with a rating of Buy and set a new price target of $113.00
BTIG Research initiated coverage of BWX Technologies with a rating of Buy and set a new price target of $110.00