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.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Robert W. Baird increased their price objective on BorgWarner from $41.00 to $44.00 and gave the stock an "outperform" rating in a report on Thursday, August 4th. Wells Fargo & Company increased their price objective on BorgWarner from $52.00 to $57.00 and gave the stock an "overweight" rating in a report on Monday, July 11th. TheStreet cut BorgWarner from a "b-" rating to a "c+" rating in a report on Friday, July 15th. StockNews.com raised BorgWarner from a "hold" rating to a "buy" rating in a report on Thursday, August 4th. Finally, BNP Paribas started coverage on BorgWarner in a report on Monday, April 11th. They issued a "neutral" rating on the stock. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $44.67.

BorgWarner Price Performance

Shares of BorgWarner stock traded down $0.37 during trading on Tuesday, hitting $38.06. 1,168,042 shares of the stock traded hands, compared to its average volume of 2,046,032. The company has a quick ratio of 1.32, a current ratio of 1.77 and a debt-to-equity ratio of 0.58. The stock has a market cap of $9.01 billion, a price-to-earnings ratio of 14.15, a PEG ratio of 0.31 and a beta of 1.39. The firm's fifty day moving average is $36.24 and its 200-day moving average is $38.36. BorgWarner has a 52 week low of $32.28 and a 52 week high of $50.09.

BorgWarner (NYSE:BWA - Get Rating) last announced its quarterly earnings data on Wednesday, August 3rd. The auto parts company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.85 by $0.20. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.70 billion. BorgWarner had a return on equity of 13.13% and a net margin of 4.36%. The company's revenue was up .0% on a year-over-year basis. During the same period in the prior year, the company earned $1.08 EPS. Research analysts expect that BorgWarner will post 4.21 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Wednesday, August 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.79%. BorgWarner's dividend payout ratio (DPR) is presently 25.28%.

Insider Activity

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