At the time of writing, BorgWarner Inc [BWA] stock is trading at $35.04, up 0.86%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BWA shares have gain 5.54% over the last week, with a monthly amount glided 12.56%, and seem to be holding up well over a long-time horizon.
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On 28, March 2024, BorgWarner Awarded on Newsweek’s Most Trustworthy Companies in America 2024 List. In a post published today on Yahoo Finance, BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has been awarded on Newsweek’s list of Most Trustworthy Companies in America 2024. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on March 27th, 2024, and can be viewed on Newsweek.com.
From an analyst’s perspective:
BorgWarner Inc [NYSE: BWA] stock has seen the most recent analyst activity on March 15, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $43. Previously, Exane BNP Paribas downgraded its rating to Neutral on February 20, 2024, and dropped its price target to $35. On January 03, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $39 on the stock. Guggenheim upgraded its rating to a Buy but stick to its price target of $41 on November 16, 2023. Deutsche Bank downgraded its rating to a Hold and reduced its price target to $36 on November 03, 2023. UBS started tracking with a Buy rating for this stock on September 13, 2023, and assigned it a price target of $52. In a note dated August 17, 2023, Nomura downgraded an Neutral rating on this stock but restated the target price of $44.
For the past year, the stock price of BorgWarner Inc fluctuated between $29.51 and $47.05. Currently, Wall Street analysts expect the stock to reach $49.38 within the next 12 months. BorgWarner Inc [NYSE: BWA] shares were valued at $35.04 at the most recent close of the market. An investor can expect a potential return of 40.92% based on the average BWA price forecast.
Analyzing the BWA fundamentals
According to BorgWarner Inc [NYSE:BWA], the company’s sales were 15.84B for trailing twelve months, which represents an -14.26% plunge. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.
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 34.74 points at the first support level, and at 34.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.34, and for the 2nd resistance point, it is at 35.63.
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 is important to note that BorgWarner Inc [NYSE:BWA] has a current ratio of 1.65. Also, the Quick Ratio is 1.30, while the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 1.38 and price to earnings (TTM) ratio is 13.13.
Transactions by insiders
Recent insider trading involved Demmerle Stefan, Vice President, that happened on Mar 13 ’24 when 3000.0 shares were sold. Vice President, Weng Volker completed a deal on Mar 07 ’24 to sell 20000.0 shares. Meanwhile, Vice President Demmerle Stefan sold 3000.0 shares on Mar 05 ’24.
