BorgWarner Inc. (NYSE: BWA) is 10.61% higher on its value in year-to-date trading and has touched a low of $31.14 and a high of $45.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BWA stock was last observed hovering at around $44.67 in the last trading session, with the day’s loss setting it -0.15% off its average median price target of $50.00 for the next 12 months. It is also 20.5% off the consensus price target high of $56.00 offered by 19 analysts, but current levels are -8.59% lower than the price target low of $41.00 for the same period.
Currently trading at $44.52, the stock is 5.28% and 6.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing -0.34% at the moment leaves the stock 17.32% off its SMA200. BWA registered 1.37% gain for a year compared to 6-month gain of 21.44%.
The stock witnessed a 8.59% loss in the last 1 month and extending the period to 3 months gives it a 28.89%, and is 0.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.05% over the week and 2.24% over the month.
BorgWarner Inc. (BWA) has around 49300 employees, a market worth around $10.26B and $15.35B in sales. Current P/E ratio is 12.94 and Fwd P/E is 9.09. Profit margin for the company is 5.30%. Distance from 52-week low is 42.97% and -2.58% from its 52-week high. The company has generated returns on investments over the last 12 months (8.90%).
BorgWarner Inc. (BWA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for BorgWarner Inc. (BWA) is a “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.40, where 9 rate it as a Hold and 2 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
BorgWarner Inc. is expected to release its quarterly report on 05/03/2023.The EPS is expected to shrink by -4.00% this year.
BorgWarner Inc. (BWA) Top Institutional Holders
The shares outstanding are 234.30M, and float is at 232.91M with Short Float at 2.17%.
BorgWarner Inc. (BWA) Insider Activity
A total of 3 insider transactions have happened at BorgWarner Inc. (BWA) in the last six months, with sales accounting for 3 and purchases happening 0 times. The most recent transaction is an insider sale by CALAWAY TONIT M,the company’sEVP, CAO, Gen Counsel & Sec. SEC filings show that CALAWAY TONIT M sold 6,305 shares of the company’s common stock on Dec 09 at a price of $40.46 per share for a total of $0.26 million. Following the sale, the insider now owns 0.0 shares.
BorgWarner Inc. disclosed in a document filed with the SEC on Jun 01 that CALAWAY TONIT M (EVP, CAO, Gen Counsel & Sec) sold a total of 17,543 shares of the company’s common stock. The trade occurred on Jun 01 and was made at $40.27 per share for $0.71 million. Following the transaction, the insider now directly holds 40380.0 shares of the BWA stock.
Still, SEC filings show that on May 17, CALAWAY TONIT M (EVP, CAO, Gen Counsel & Sec) disposed off 4,000 shares at an average price of $38.75 for $0.16 million. The insider now directly holds 57,923 shares of BorgWarner Inc. (BWA).
BorgWarner Inc. (BWA): Who are the competitors?
The company’s main competitors (and peers) include Aptiv PLC (APTV) that is -24.37% lower over the past 12 months. QuantumScape Corporation (QS) is -49.94% down on the 1-year trading charts.