Babcock & Wilcox Enterprises, Inc. (BW)

NYSE: BW · IEX Real-Time Price · USD
1.560
+0.010 (0.65%)
At close: Jul 2, 2024, 4:00 PM
1.580
+0.020 (1.28%)
After-hours: Jul 2, 2024, 7:52 PM EDT
0.65%
Market Cap 141.98M
Revenue (ttm) 979.32M
Net Income (ttm) -216.40M
Shares Out 91.01M
EPS (ttm) -2.42
PE Ratio n/a
Forward PE 11.02
Dividend n/a
Ex-Dividend Date n/a
Volume 1,434,956
Open 1.540
Previous Close 1.550
Day's Range 1.520 - 1.665
52-Week Range 0.753 - 6.580
Beta 1.58
Analysts Strong Buy
Price Target 5.00 (+220.51%)
Earnings Date Aug 6, 2024

About BW

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. The Babcock & Wilcox Renewable segment offers technologies divert the waste from landfills for power generation and replacing fossil fuels and recovering metals and reducing emissions. It offers BrightLoop, a hydrogen gene... [Read more]

Sector Industrials
Founded 1867
Employees 2,200
Stock Exchange NYSE
Ticker Symbol BW
Full Company Profile

Financial Performance

In 2023, BW's revenue was $999.35 million, an increase of 17.86% compared to the previous year's $847.92 million. Losses were -$212.07 million, 462.2% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BW stock is "Strong Buy." The 12-month stock price forecast is $5.0, which is an increase of 220.51% from the latest price.

Price Target
$5.0
(220.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Babcock & Wilcox Announces Agreement to Sell its Denmark-Based Renewable Parts and Services Subsidiary

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has sold its Denmark-based Babcock & Wilcox Renewable Service A/S subsidiary to Zurich, Switzerland-based Hitachi Zosen Inova AG for $87 million.

1 day ago - Business Wire

Babcock & Wilcox Awarded More Than $18 Million for Emissions Control Technology Rebuilds

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W Environmental has been awarded more than $18 million in contracts to design and supply wet and dry electrostatic precipitator (ESP) rebuilds.

6 days ago - Business Wire

Babcock & Wilcox Signs Agreement to Proceed with Work for Coal-to-Biomass Power Plant Conversion and Carbon Capture Project in Michigan

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has been granted a limited notice to proceed by NorthStar Clean Energy to begin work on a Bioenergy with Carbon Capture and Storage project.

4 weeks ago - Business Wire

Babcock & Wilcox Construction Co., LLC Awarded More Than $20 Million in Power Plant Outage and Rebuild Work

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Construction Co., LLC has been awarded power plant outage and maintenance and rebuild work valued at more than $20 million.

6 weeks ago - Business Wire

Babcock & Wilcox Enterprises Reports First Quarter 2024 Results

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the first quarter 2024.

7 weeks ago - Business Wire

Babcock & Wilcox Sets First Quarter 2024 Conference Call and Webcast for Thursday, May 9, 2024 at 5 p.m. ET

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Thursday, May 9, 2024 at 5 p.m. ET.

2 months ago - Business Wire

Babcock & Wilcox Awarded Approximately $15 Million Contract to Supply Environmental Equipment for Middle East Industrial Plant

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has been awarded a contract for approximately $15 million to supply environmental equipment for an industrial facility in the Middle East.

2 months ago - Business Wire

Babcock & Wilcox Awarded Contract to Upgrade Renewable Energy Boilers in Southeast Asia

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W Renewable Service has been awarded a contract valued at more than $7 million to upgrade a waste-to-energy power plant in Southeast Asia.

2 months ago - Business Wire

Babcock & Wilcox Announces Increased Full-Year Adjusted EBITDA Target of $105 Million to $115 Million, New Contracts and Awards of Approximately $500 Million Year-to-Date

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W's 2024 contract signings and awards are approximately $500 million year-to-date, nearly double the amount in the same period last year.

2 months ago - Business Wire

Babcock & Wilcox Receives Contracts Totaling $24 Million for Three Middle East Industrial Boilers

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has been awarded contracts totaling approximately $24 million for three industrial boilers and associated equipment for petrochemical facilities.

3 months ago - Business Wire

Babcock & Wilcox Signs Agreement for Power Plant Fuel-Switching Project Valued at Approximately $246 Million

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has received limited notice to proceed on coal-to-natural gas conversion project for North American power plant.

3 months ago - Business Wire

Babcock & Wilcox Enterprises Reports Fourth Quarter and Full Year 2023 Results

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2023.

3 months ago - Business Wire

Babcock & Wilcox Sets Fourth Quarter and Full Year 2023 Conference Call and Webcast for Thursday, March 14, 2024 at 5 p.m. ET

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Thursday, March 14, 2024 at 5 p.m. ET.

4 months ago - Business Wire

Babcock & Wilcox Canada Awarded $13 Million Contract to Supply Equipment and Services to Reduce Environmental Emissions from North American Petroleum Refinery

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W Canada has been awarded a contract for more than $13 million to supply equipment and design and engineering services for a petroleum refinery.

5 months ago - Business Wire

Babcock & Wilcox Awarded Utility-Scale Solar EPC Contracts Totaling 75 Megawatts in Pennsylvania

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W Solar has been awarded contracts by Cypress Creek Renewables, LLC to implement three utility-scale photovoltaic solar power installations.

5 months ago - Business Wire

Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W and Black Hills Energy have received a $16 million grant to fund activities for a clean hydrogen generation facility with CO2 capture.

5 months ago - Business Wire

Babcock & Wilcox Enterprises Announces New $150 Million Senior Secured Credit Facility; Reaffirmed Credit Rating of BB+

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Effective January 18, 2024, B&W has entered into a new three-year senior secured credit agreement with Axos Bank.

5 months ago - Business Wire

Babcock & Wilcox Enterprises to Participate at Janney Montgomery Scott's Inaugural Clean Energy Investment Symposium December 5-6, 2023

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has been invited to participate at Janney Montgomery Scott's Inaugural Clean Energy Investment Symposium at Tulane University, December 5-6, 2023.

8 months ago - Business Wire

Babcock & Wilcox Enterprises, Inc. Appoints Dr. Naomi Boness (Ph.D.) to Board of Directors

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Dr. Naomi Boness (Ph.D.) has been appointed to the Babcock & Wilcox Board of Directors, increasing the size of the Board to seven members.

8 months ago - Business Wire

Babcock & Wilcox Enterprises Reports Third Quarter 2023 Results and Announces Strategic Business Realignment

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. announced results for the third quarter of 2023 and information regarding its strategic business realignment.

8 months ago - Business Wire

Babcock & Wilcox Sets Third Quarter 2023 Conference Call and Webcast for Thursday, November 9, 2023 at 5 p.m. ET

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. (NYSE:BW) expects to host a conference call and webcast on Thursday, November 9, 2023 at 5 p.m. ET.

8 months ago - Business Wire

Babcock & Wilcox Canada Corp. Awarded Nearly $11 Million Power Plant Maintenance Contract

AKRON, Ohio--(BUSINESS WIRE)---- $BW #energy--Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) announced today that its Canadian subsidiary, Babcock & Wilcox Canada Corp. (“B&W Canada”), has been...

9 months ago - Business Wire

Babcock & Wilcox Awarded Environmental Equipment Contracts for U.S. Industrial Facilities Totaling $11 Million

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has been awarded contracts totaling more than $11 million to supply wet electrostatic precipitators and services for three industrial facilities.

10 months ago - Business Wire

Babcock & Wilcox Enterprises to Present at September Investor Conferences

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W is scheduled to participate in the Lake Street Best Ideas Growth and D.A. Davidson Diversified Industrials & Services conferences in September.

10 months ago - Business Wire

Babcock & Wilcox Awarded $9 Million Contract for Cooling System for U.K. Waste-to-Energy Facility

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W Environmental will supply a SPIG air-cooled condenser system, which provides significant environmental benefits by eliminating cooling water.

10 months ago - Business Wire