BorgWarner Inc (BWA) – key numbers that make it a Strong Buy For Now

BorgWarner Inc (NYSE: BWA) is -11.30% lower on its value in year-to-date trading and has touched a low of $30.83 and a high of $47.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BWA stock was last observed hovering at around $8.09M in the last trading session, with the day’s gains setting it 23.39%.

Currently trading at $31.48, the stock is -4.77% and -14.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.61 and changing 31.80% at the moment leaves the stock Feb 08 BMO off its SMA200. BWA registered -22.47% loss for a year compared to 6-month loss of -23.32%. The firm has a 50-day simple moving average (SMA 50) of $0.68 and a 200-day simple moving average (SMA200) of $9.71.

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The stock witnessed a -6.17% gain in the last 1 month and extending the period to 3 months gives it a -1.73%, and is -6.72% down 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 3.24% over the week and 2.48% over the month.

BorgWarner Inc (BWA) has around Feb 29 2024 employees, a market worth around $7.47B and $15.84B in sales. Current P/E ratio is 11.92 and Fwd P/E is 7.02. Profit margin for the company is 3.94%. Distance from 52-week low is 3.13% and -32.41% from its 52-week high. The company has generated returns on investments over the last 12 months (6.48%).

BorgWarner Inc quarterly earnings per share for the current quarter are estimated at $0.94 with sales reaching $3.59B over the same period.The EPS is expected to grow by 8.92% this year, but quarterly earnings will post 7.20% year-over-year. Quarterly sales are estimated to shrink -13.60% in year-over-year returns.

BorgWarner Inc (BWA) Top Institutional Holders

966 institutions hold shares in BorgWarner Inc (BWA), with institutional investors hold 101.68% of the company’s shares. The shares outstanding are 235.06M, and float is at 233.31M with Short Float at 3.47%. Institutions hold 101.16% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 26.82 million shares valued at $852.75 million. The investor’s holdings represent 11.41% of the BWA Shares outstanding. As of Sep 29, 2023, the second largest holder is Blackrock Inc. with 17.85 million shares valued at $567.79 million to account for 7.60% of the shares outstanding. The other top investors are State Street Corporation which holds 10.66 million shares representing 4.53% and valued at over $338.9 million, while Harris Associates L.P. holds 4.28% of the shares totaling 10.06 million with a market value of $319.99 million.

BorgWarner Inc (BWA) Insider Activity

A total of 0 insider transactions have happened at BorgWarner Inc (BWA) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Demmerle Stefan ,the company’sVice President. SEC filings show that Demmerle Stefan sold 5,000 shares of the company’s common stock on Jun 14 at a price of $47.61 per share for a total of $0.24 million. Following the sale, the insider now owns 0.18 million shares.

BorgWarner Inc disclosed in a document filed with the SEC on May 30 that Fadool Joseph F. (Vice President) sold a total of 210 shares of the company’s common stock. The trade occurred on May 30 and was made at $46.70 per share for $9818.0. Following the transaction, the insider now directly holds 0.0 shares of the BWA stock.

Still, SEC filings show that on May 26, Fadool Joseph F. (Vice President) disposed off 631 shares at an average price of $47.16 for $29744.0. The insider now directly holds 210 shares of BorgWarner Inc (BWA).

BorgWarner Inc (BWA): Who are the competitors?

Aptiv PLC (APTV) that is -27.28% lower over the same period.