Last Updated: 16 Sep 2024
Executive Summary
Babcock & Wilcox Enterprises Inc. (BW) is a global provider of energy and environmental technologies and services. The company's stock has underperformed the market in recent years, but analysts are optimistic about its long-term prospects. The latest stock price is $1.26, which is below the analyst target price of $4.63.
Company Overview
Babcock & Wilcox Enterprises Inc. is headquartered in Akron, Ohio. The company provides a range of products and services, including boilers, emissions control systems, and renewable energy solutions. Babcock & Wilcox Enterprises Inc. has a long history, dating back to 1867. The company has a global presence, with operations in over 20 countries.
Fundamental Analysis
Babcock & Wilcox Enterprises Inc.'s financial performance has been mixed in recent years. The company's revenue has declined in recent quarters, and its profitability has been impacted by rising costs. However, analysts believe that the company's long-term prospects are bright. The company has a strong backlog of orders, and it is well-positioned to benefit from the growing demand for clean energy solutions.
Technical Analysis
Babcock & Wilcox Enterprises Inc.'s stock price has been trading in a range between $0.75 and $5.00 over the past year. The stock is currently trading near the bottom of this range. The technical indicators are mixed, with some indicators suggesting that the stock is oversold and others suggesting that it is due for a correction.
Short Term Outlook
Analysts are cautious about Babcock & Wilcox Enterprises Inc.'s short-term prospects. The company's stock price is trading near its 52-week low, and the technical indicators are mixed. However, analysts believe that the company's long-term prospects are bright.
Long Term Outlook
Analysts are optimistic about Babcock & Wilcox Enterprises Inc.'s long-term prospects. The company has a strong backlog of orders, and it is well-positioned to benefit from the growing demand for clean energy solutions. The company's stock price is currently trading at a discount to its intrinsic value, and analysts believe that it has the potential to appreciate significantly over the next few years.
Analyst Recommendations
Analysts have a mixed view on Babcock & Wilcox Enterprises Inc. Three analysts recommend buying the stock, one analyst recommends holding the stock, and no analysts recommend selling the stock. The average analyst target price is $4.63.
