BorgWarner - BWA Stock Forecast, Price & News

BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide. The company operates through four segments: Air Management, E-Propulsion & Drivetrain, Fuel Injection, and Aftermarket. The Air Management segment offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, canisters, cabin heaters, battery modules and systems, battery packs, battery heaters, and battery charging. The E-Propulsion & Drivetrain segment provides rotating electrical components, power electronics, control modules, software, friction, and mechanical products for automatic transmissions and torque-management products. The Fuel Injection segment develops and manufactures gasoline and diesel fuel injection components and systems. The Aftermarket segment sells products and services to independent aftermarket customers and original equipment service customers. This segment provides a range of solutions, including fuel injection, electronics and engine management, maintenance, and test equipment and vehicle diagnostics. The company sells its products to original equipment manufacturers of light vehicles, which comprise passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, including medium-duty and heavy-duty trucks, and buses; and off-highway vehicles, such as agricultural and construction machinery, and marine applications, as well as to tier one vehicle systems suppliers and the aftermarket for light, commercial, and off-highway vehicles. The company was formerly known as Borg-Warner Automotive, Inc. BorgWarner Inc. was incorporated in 1987 and is headquartered in Auburn Hills, Michigan.

BorgWarner Stock Up 0.7 %

Shares of NYSE:BWA traded up $0.27 during trading on Friday, hitting $40.02. 1,282,760 shares of the company traded hands, compared to its average volume of 2,030,098. The business's fifty day moving average is $36.21 and its 200 day moving average is $38.33. BorgWarner has a fifty-two week low of $32.28 and a fifty-two week high of $50.09. The firm has a market capitalization of $9.48 billion, a price-to-earnings ratio of 14.88, a P/E/G ratio of 0.31 and a beta of 1.39. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.32 and a current ratio of 1.77.

BorgWarner (NYSE:BWA - Get Rating) last announced its quarterly earnings data on Wednesday, August 3rd. The auto parts company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.20. BorgWarner had a net margin of 4.36% and a return on equity of 13.13%. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same quarter in the prior year, the business earned $1.08 earnings per share. The business's quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts predict that BorgWarner will post 4.24 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Wednesday, August 31st. BorgWarner's dividend payout ratio is currently 25.28%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Morgan Stanley reaffirmed a "maintains" rating and set a $32.00 target price (up previously from $30.00) on shares of BorgWarner in a research note on Thursday, August 4th. Wells Fargo & Company boosted their target price on shares of BorgWarner from $52.00 to $57.00 and gave the stock an "overweight" rating in a research note on Monday, July 11th. StockNews.com raised shares of BorgWarner from a "hold" rating to a "buy" rating in a research note on Thursday, August 4th. Deutsche Bank Aktiengesellschaft raised shares of BorgWarner from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $43.00 to $48.00 in a research note on Monday, July 18th. Finally, The Goldman Sachs Group reduced their price objective on shares of BorgWarner from $41.00 to $40.00 in a research note on Wednesday, June 1st. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $44.67.

Insider Activity

In related news, CAO Tonit M. Calaway sold 17,543 shares of the company's stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $40.27, for a total transaction of $706,456.61. Following the sale, the chief accounting officer now directly owns 40,380 shares in the company, valued at approximately $1,626,102.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CAO Tonit M. Calaway sold 4,000 shares of the stock in a transaction on Tuesday, May 17th. The shares were sold at an average price of $38.75, for a total transaction of $155,000.00. Following the transaction, the chief accounting officer now owns 57,923 shares of the company's stock, valued at approximately $2,244,516.25. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Tonit M. Calaway sold 17,543 shares of the firm's stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $40.27, for a total transaction of $706,456.61. Following the completion of the sale, the chief accounting officer now directly owns 40,380 shares in the company, valued at approximately $1,626,102.60. The disclosure for this sale can be found here. Insiders own 0.54% of the company's stock.