BWXT BWX Technologies · $171.18 Hold off — timing against you暂缓 — 时机不利 Terminal终端 ↗

BWX Technologies · Industrials

BWXT

$171.18

BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.BWXTechnologies,Inc.是一家总部位于弗吉尼亚州林奇堡的公司，在国际上供应核组件和燃料。

Cyclical周期股 Large cap大盘 $16B

Engine stance引擎立场2026-07-20

Hold off — timing against you暂缓 — 时机不利

Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。

Open in Terminal打开终端 ↗ All coverage所有股票 Data through数据截至 2026-07-20 · regenerated nightly每日更新

Key Statistics关键统计

Price价格

$171.18

28.1% below 52-week high低于52周高点 28.1%

Market Cap市值

$16B

Normal volume正常成交量

P/E Ratio市盈率

47.6x

29.9x sector median

Beta贝塔

1.82

Moves about 1.8x the market波动幅度约为市场的 1.8 倍

RSI (14)RSI（14）

Depressed偏低

Next Earnings下次财报

2026-08-03 (15d)

Volatility Rank波动率分位

36th pctile

hist. vol. percentile历史波动率分位数

Short Interest空头兴趣

3.2% of float

Performance价格表现

Period周期	BWXT	S&P 500	vs Index对比指数
1 Week近1周	-8.0%	-1.5%	Lagged the index by 6.5 points落后指数 6.5 个百分点
1 Month近1月	-15.7%	+0.6%	Lagged the index by 16.3 points落后指数 16.3 个百分点
3 Months近3月	-27.3%	+4.7%	Lagged the index by 32.0 points落后指数 32.0 个百分点
6 Months近6月	-21.2%	+7.8%	Lagged the index by 29.0 points落后指数 29.0 个百分点
Year to date年初至今	-5.6%	+9.1%	Lagged the index by 14.7 points落后指数 14.7 个百分点
1 Year近1年	+20.9%	+19.4%	Beat the index by 1.5 points跑赢指数 1.5 个百分点
3 Years近3年	+151.1%	+69.4%	Beat the index by 81.7 points跑赢指数 81.7 个百分点

Technicals技术面

RSI (14)RSI（14） 33 Depressed偏低

vs 50-day相对50日均线 -12.4% vs 50-day avg

vs 200-day相对200日均线 -13.6% vs 200-day avg

Volatility rank波动率分位 36th percentile 分位

Engine reference levels — not advice引擎参考水平 — 非投资建议

Stop止损

$171.20

Blocked — failed cycle受阻 — 失败周期

Earnings财务业绩

days until next report天后公布财报

2026-08-03

Estimates roughly stable预期基本稳定

Post-earnings drift: -13.7% (20d)财报后漂移：-13.7%（20日）

Earnings call transcripts — coming soon财报电话会议记录 — 即将上线

Valuation估值

Multiple指标	BWXT	Sector median行业中位	Cheaper than相对便宜
P/E (trailing)市盈率（历史）	47.58x	29.89	23%
P/B市净率	12.70x	3.90	12%
P/S市销率	4.89x	2.21	16%
Earnings yield盈利收益率	2.10%	3.10	31%
FCF yield自由现金流收益率	1.89%	3.81	20%
Shareholder yield股东收益率	0.78%	2.29	18%
EV/EBITDA企业价值/EBITDA	33.42x	16.39	11%
P/FCF市值/自由现金流	53.00x	25.50	14%

Analyst price targets — coming soon分析师目标价 — 即将上线

Financials财务数据

Revenue营业收入

$2.1B

2020

$2.1B

2021

$2.2B

2022

$2.5B

2023

$2.7B

2024

$3.2B

2025

5yr CAGR5年复合增速: 8.5%

Earnings Per Share每股收益

$2.91

2020

$3.24

2021

$2.60

2022

$2.68

2023

$3.07

2024

$3.58

2025

5yr CAGR5年复合增速: 4.2%

Free Cash Flow自由现金流

-$58.6M

2020

$75.0M

2021

$46.4M

2022

$212.4M

2023

$254.8M

2024

$295.3M

2025

Margins利润率

Operating margin营业利润率

12.6%

Net margin净利率

10.3%

FCF margin自由现金流利润率

15.0%

26.7%Return on Equity股本回报率

7.7%Return on Assets资产回报率

Leverage杠杆

Net debt / EBITDA净债务/EBITDA	2.95
Current ratio流动比率	2.32

Capital Allocation资本配置

Buybacks (TTM)回购（TTM）	$30.0M
Stock-based comp股权薪酬	$26.1M
Share count change (1y)股数变化（1年）	-0.0%

Piotroski皮奥特罗斯基 4/8 Altman Z阿尔特曼Z: safe (5.2) Warning警示

Snapshot Gauges综合指标

Valuation vs Sector估值相对行业

Expensive vs sector相对行业偏贵

Cheaper than 16% of its sector on blended multiples综合估值倍数低于行业内 16% 的公司

Beta市场敏感度

1.82×

0.21×3×

Moves about 1.8× the market波动幅度约为市场的 1.8 倍

Financial Health财务健康

4/8

Altman阿尔特曼: safe

Weak financial health财务健康状况偏弱

Dividend分红

—

Does not pay a dividend不派发股息

Why Is It Moving为何波动

Sector / Theme行业/主题 Power & Grid Buildout theme — #33 of 46 themes「电力与电网」主题 — 46 个主题中第 33 位

Macro宏观 Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。

Positioning持仓 Insider cluster activity内部人集中交易

Technical技术面 Death cross on BWXTBWXT 死叉

Options Positioning期权持仓

Market makers are net short gamma — price moves may amplify做市商净持有负伽玛，价格波动可能被放大

Expected daily move预期日波动

±3.26%

Expected weekly move预期周波动

±7.29%

Call wall看涨密集区

$190

Put wall看跌密集区

$170

25d risk reversal25d风险逆转

-5.6%

Flow资金流向

$2M premium traded; 0% 0DTE; 4 fresh positions; P/C 0.37; ~leans bearish (direction approx)成交权利金 $2M；0DTE占0%；4个新建仓；看跌看涨比 0.37；≈偏看跌/对冲（方向近似）

Skew: 偏斜：fear

Ownership & Smart Money持仓与聪明钱

Insider activity内部人员活动: -$4.7M net (0 buyers, 3 sellers)-$4.7M 净值（0 买家，3 卖家）

Concentrated ownership集中持仓

Fund基金	Grade评级	Activity动作	% of portfolio组合占比	As of截至
Polen Capital Management	B	trimtrim	0.1%	2026-03-31

Signal History信号历史

UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势

AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases). Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）。上一周期为左移结构（见顶偏早）——属于看空的结构性信号

DECLINE DOWNTREND

Jul 14, 2026

Death cross on BWXTBWXT 死叉

The 50-day average crossed below the 200-day — a slow, widely-watched bearish trend signal. $179.83.50日均线下穿200日均线 — 一个滞后但广受关注的看空趋势信号。$179.83。

Jul 7, 2026

BWXT broke down vs the marketBWXT 相对市场走弱

Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $186.08.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$186.08。

Jul 2, 2026

TOPPING → UNCONFIRMED TURN做顶中 → 未确认转向

HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作

Jul 1, 2026

NEARING A LOW → TOPPING接近低点 → 做顶中

SELL SETUP卖出预备

Jul 1, 2026

BWXT broke down vs the marketBWXT 相对市场走弱

Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $191.25.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$191.25。

Jul 1, 2026

BWXT daily MACD crossed downBWXT 日线MACD下穿

The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $191.25.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$191.25。

Jun 29, 2026

BWXT lost its 200-day averageBWXT 跌破200日均线

Price closed below the 200-day moving average — the classic bear dividing line. $189.25.收盘跌破200日均线 — 经典的空头分界线。$189.25。

Jun 29, 2026

BWXT broke down vs the marketBWXT 相对市场走弱

Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $189.25.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$189.25。

Jun 26, 2026

UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点

GET READY准备

Jun 25, 2026

NEARING A HIGH → UNCONFIRMED TURN接近高点 → 未确认转向

HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作

Showing last 15 of显示最近15条，共 223 signals条信号

Factor Profile因子特征

Composite factor score综合因子得分: -1.06

Value价值

-0.9

Quality质量

-0.7

Investment资本投入

-2.4

Shareholder payout股东回报

-0.8

Low volatility低波动

-0.5

Low market beta低市场敏感度

-1.3

Earnings quality盈利质量

-0.1

Short interest空头兴趣

+0.8

Company Profile公司档案

Demand chain:需求链： Hyperscaler capex accelerating (+69% YoY to ~$379B) — the demand pool for power & grid buildout云厂商资本开支加速（同比+69%，约 $379B）——电力与电网建设的需求来源

Watch items — what could change the thesis关注项 — 可能改变论点的因素