BorgWarner Inc [BWA] stock prices are up 1.98% to $31.94 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BWA shares have gain 3.77% over the last week, with a monthly amount drifted -4.60%, and not seem to be holding up well over a long-time horizon.
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On 6, March 2024, BorgWarner Partners with Manufacture 2030 to Reduce Supply Chain Emissions. In a post published today on Yahoo Finance, Partnership will support BorgWarner in reaching Scope 3 emissions reduction goal.
From an analyst’s perspective:
BorgWarner Inc [NYSE: BWA] stock has seen the most recent analyst activity on February 20, 2024, when Exane BNP Paribas downgraded its rating to a Neutral and also revised its price target to $35 from $43. Previously, Robert W. Baird downgraded its rating to Neutral on January 03, 2024, and dropped its price target to $39. On November 16, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $41 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $36 on November 03, 2023. UBS initiated its recommendation with a Buy and recommended $52 as its price target on September 13, 2023. Nomura downgraded its rating to Neutral for this stock on August 17, 2023, but kept the price target unchanged to $44. In a note dated July 06, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $54 to $67.
The stock price of BorgWarner Inc [BWA] has been fluctuating between $29.51 and $47.05 over the past year. Currently, Wall Street analysts expect the stock to reach $49.92 within the next 12 months. BorgWarner Inc [NYSE: BWA] shares were valued at $31.94 at the most recent close of the market. An investor can expect a potential return of 56.29% based on the average BWA price forecast.
Analyzing the BWA fundamentals
The BorgWarner Inc [NYSE:BWA] reported sales of 15.84B for trailing twelve months, representing a drop of -14.26%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.58 points at the first support level, and at 31.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.18, and for the 2nd resistance point, it is at 32.43.
BorgWarner Inc [BWA] reported earnings per share of $0.9 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.94/share, meaning a difference of -$0.04 and a surprise factor of -4.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.98 per share as compared to estimates of $0.94 per share, a difference of $0.04 representing a surprise of 4.30%.
Ratios To Look Out For
It’s worth pointing out that BorgWarner Inc [NYSE:BWA]’s Current Ratio is 1.65. In addition, the Quick Ratio stands at 1.30 and the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 0.46, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 11.97.
Transactions by insiders
Recent insider trading involved Demmerle Stefan, Vice President, that happened on Mar 05 ’24 when 3000.0 shares were sold. President and CEO, Lissalde Frederic completed a deal on Feb 14 ’24 to sell 0.23 million shares. Meanwhile, EVP, CAO, Gen Counsel & Sec CALAWAY TONIT M sold 35603.0 shares on Feb 12 ’24.
