BWXT

BWX Technologies Inc

Industrial/Transportation


Presented:11/30/2022
Price:$60.89
Cap:$5.55B
Current Price:$118.92
Cap:$10.87B

Presented

Date11/30/2022
Price$60.89
Market Cap$5.55B
Ent Value$5.90B
P/E Ratio18.09x
Book Value$7.81
Div Yield1.45%
Shares O/S91.22M
Ave Daily Vol535,839
Short Int3.11%

Current

Price$118.92
Market Cap$10.87B
BWX Technologies, Inc. engages in the supply and provision of nuclear components and products. It operates through the following business segments: Nuclear Operations Group, Nuclear Services Group and Nuclear Power Group. The Nuclear Operations Group segment focuses on the design and manufacture of equipment for nuclear applications. The Nuclear Services Group segment includes nuclear materials processing, environmental site restoration services and management, operating services for various government-owned facilities, and inspection and maintenance services for the commercial nuclear industry. The Nuclear Power Group segment is involved in the design and manufacture of commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment such as containers for the storage of spent nuclear fuel and other high-level nuclear waste. The company was founded by Stephen Wilcox and George Babcock in 1867 and is headquartered in Lynchburg, VA.

Publicly traded companies mentioned herein: Babcock & Wilcox Enterprises Inc (BW), BWX Technologies Inc (BWXT), Lockheed Martin Corp (LMT)

Highlights

The presenter is long BWX Technologies Inc (BWXT), the leading manufacturer of nuclear engines for the US Navy submarines and aircraft carriers. The company also provides nuclear components, fuels, materials, maintenance, nuclear medicine, and other advanced nuclear technologies to the defense and healthcare industries. He believes BWXT is in the driver’s seat of a long-term rekindling of investment in nuclear defense technology by both the US and its allies, which has created a number of opportunities for growth going forward. 

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Idea Discussion

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