BorgWarner Inc (NYSE: BWA) is -1.81% lower on its value in year-to-date trading and has touched a low of $29.51 and a high of $39.45 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 $34.91 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $35.20, the stock is 0.01% and 4.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 0.83% at the moment leaves the stock 4.95% off its SMA200. BWA registered -8.57% loss for a year compared to 6-month gain of 7.32%. The firm has a 50-day simple moving average (SMA 50) of $33.7446 and a 200-day simple moving average (SMA200) of $33.5391.
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The stock witnessed a 3.20% loss in the last 1 month and extending the period to 3 months gives it a 7.81%, and is 0.43% 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 2.25% over the week and 2.11% over the month.
BorgWarner Inc (BWA) has around 39900 employees, a market worth around $8.02B and $14.34B in sales. Current P/E ratio is 11.33 and Fwd P/E is 7.61. Profit margin for the company is 4.97%. Distance from 52-week low is 19.28% and -10.77% from its 52-week high. The company has generated returns on investments over the last 12 months (7.52%).
with sales reaching $3.51B over the same period.The EPS is expected to grow by 9.53% this year, but quarterly earnings will post 0.50% year-over-year. Quarterly sales are estimated to shrink -4.20% in year-over-year returns.
BorgWarner Inc (BWA) Top Institutional Holders
903.0 institutions hold shares in BorgWarner Inc (BWA), with institutional investors hold 101.02% of the company’s shares. The shares outstanding are 229.78M, and float is at 225.92M with Short Float at 4.36%. Institutions hold 100.29% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.52 million shares valued at $855.14 million. The investor’s holdings represent 11.6487% of the BWA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.42 million shares valued at $497.3 million to account for 6.7742 of the shares outstanding. The other top investors are VICTORY CAPITAL MANAGEMENT INC which holds 12.98 million shares representing 5.7024% and valued at over $418.61 million, while HARRIS ASSOCIATES L P holds 4.6655 of the shares totaling 10.62 million with a market value of $342.49 million.
BorgWarner Inc (BWA) Insider Activity
The most recent transaction is an insider sale by Weng Volker, the company’s Vice President. SEC filings show that Weng Volker sold 19,692 shares of the company’s common stock on Aug 23 ’24 at a price of $33.74 per share for a total of $0.66 million. Following the sale, the insider now owns 92272.0 shares.
Still, SEC filings show that on Aug 14 ’24, Wingfield Tania (EVP & CHRO) disposed off 7,934 shares at an average price of $32.00 for $0.25 million. The insider now directly holds 38,082 shares of BorgWarner Inc (BWA).
