BWX Technologies (BWXT) Has a New Rating from Wells Fargo

In a report released today, from Wells Fargo initiated coverage with a Sell rating on BWX Technologies and a price target of $200.00.

End of Quarter Sale - 50% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

BWX Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $222.86.

Based on BWX Technologies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $885.82 million and a net profit of $92.99 million. In comparison, last year the company earned a revenue of $746.27 million and had a net profit of $71.02 million

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BWXT in relation to earlier this year. Earlier this month, Kevin James Gorman, the VP & CAO of BWXT sold 1,344.00 shares for a total of $288,570.24.