Analysts See $0.60 EPS for BWX Technologies, Inc. (BWXT); Commercial Metals Company (CMC) Sellers Decreased By 23.17% Their Shorts

April 20, 2018 - By Michael Collier

Commercial Metals Company (NYSE:CMC) Logo

Analysts expect BWX Technologies, Inc. (NYSE:BWXT) to report $0.60 EPS on May, 7.They anticipate $0.05 EPS change or 9.09% from last quarter’s $0.55 EPS. BWXT’s profit would be $59.78M giving it 29.44 P/E if the $0.60 EPS is correct. After having $0.47 EPS previously, BWX Technologies, Inc.’s analysts see 27.66% EPS growth. The stock increased 0.07% or $0.05 during the last trading session, reaching $70.66. About 128,870 shares traded. BWX Technologies, Inc. (NYSE:BWXT) has risen 38.73% since April 20, 2017 and is uptrending. It has outperformed by 27.18% the S&P500.

Commercial Metals Company (NYSE:CMC) had a decrease of 23.17% in short interest. CMC’s SI was 4.48M shares in April as released by FINRA. Its down 23.17% from 5.84M shares previously. With 2.93 million avg volume, 2 days are for Commercial Metals Company (NYSE:CMC)’s short sellers to cover CMC’s short positions. The SI to Commercial Metals Company’s float is 3.91%. The stock decreased 1.19% or $0.26 during the last trading session, reaching $21.58. About 475,398 shares traded. Commercial Metals Company (NYSE:CMC) has risen 12.07% since April 20, 2017 and is uptrending. It has outperformed by 0.52% the S&P500.

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. The company has market cap of $2.53 billion. It operates through five divisions: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution. It has a 46.31 P/E ratio. The Americas Recycling segment processes and sells scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.

Since January 16, 2018, it had 0 buys, and 3 insider sales for $1.54 million activity. HICKEY ADAM R also sold $517,000 worth of Commercial Metals Company (NYSE:CMC) shares. Porter Tracy L also sold $514,950 worth of Commercial Metals Company (NYSE:CMC) on Tuesday, January 16.

Among 15 analysts covering Commercial Metals (NYSE:CMC), 8 have Buy rating, 4 Sell and 3 Hold. Therefore 53% are positive. Commercial Metals had 44 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Wednesday, October 4. On Thursday, March 29 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Buy” rating given on Wednesday, January 13 by Jefferies. Jefferies upgraded Commercial Metals Company (NYSE:CMC) on Wednesday, November 9 to “Buy” rating. The rating was maintained by Jefferies on Monday, June 26 with “Hold”. The stock has “Sell” rating by CLSA on Monday, March 28. DA Davidson maintained the shares of CMC in report on Thursday, October 29 with “Buy” rating. The firm earned “Overweight” rating on Friday, March 9 by JP Morgan. The firm has “Buy” rating given on Monday, August 17 by Credit Agricole. The firm earned “Buy” rating on Tuesday, June 13 by Citigroup.

Investors sentiment increased to 1.44 in 2017 Q4. Its up 0.46, from 0.98 in 2017Q3. It is positive, as 14 investors sold Commercial Metals Company shares while 61 reduced holdings. 41 funds opened positions while 67 raised stakes. 99.73 million shares or 1.00% less from 100.74 million shares in 2017Q3 were reported. Sg Americas Secs Ltd Co, New York-based fund reported 42,027 shares. Glg Prns Limited Partnership holds 0.06% or 62,435 shares in its portfolio. Hl Ser Ltd Liability Corporation has invested 0.01% in Commercial Metals Company (NYSE:CMC). Principal Fincl Group Incorporated accumulated 489,054 shares. National Bank & Trust Of Mellon has 0.02% invested in Commercial Metals Company (NYSE:CMC) for 2.86 million shares. Bancshares Of America Corporation De, a North Carolina-based fund reported 878,104 shares. Wellington Management Gp Ltd Liability Partnership, a Massachusetts-based fund reported 1.45M shares. Texas Permanent School Fund, Texas-based fund reported 78,304 shares. 3.29 million were accumulated by Deprince Race And Zollo Inc. Amalgamated Bancorp stated it has 16,669 shares or 0.01% of all its holdings. 12,970 are held by Balyasny Asset Management Ltd Liability Company. Highline Cap Mgmt Lp, New York-based fund reported 4.28 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in Commercial Metals Company (NYSE:CMC). Citadel Advsr Ltd Limited Liability Company invested in 0.03% or 1.96 million shares. Moreover, State Of Wisconsin Invest Board has 0.02% invested in Commercial Metals Company (NYSE:CMC).

Commercial Metals Company (NYSE:CMC) Institutional Positions Chart

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