BorgWarner Inc (NYSE: BWA) is -1.98% lower on its value in year-to-date trading and has touched a low of $29.51 and a high of $38.22 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 $34.66 in the last trading session, with the day’s gains setting it 0.48%.
Currently trading at $35.14, the stock is 2.57% and 2.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.92 million and changing 1.38% at the moment leaves the stock 4.66% off its SMA200. BWA registered 8.56% gain for a year compared to 6-month loss of -6.52%. The firm has a 50-day simple moving average (SMA 50) of $34.1564 and a 200-day simple moving average (SMA200) of $33.5759.
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The stock witnessed a -0.82% gain in the last 1 month and extending the period to 3 months gives it a 10.75%, and is 3.29% 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 2.77% over the week and 2.86% over the month.
BorgWarner Inc (BWA) has around 39900 employees, a market worth around $7.69B and $14.17B in sales. Current P/E ratio is 8.92 and Fwd P/E is 7.60. Profit margin for the company is 6.33%. Distance from 52-week low is 19.08% and -8.07% from its 52-week high. The company has generated returns on investments over the last 12 months (8.57%).
with sales reaching $3.44B over the same period.The EPS is expected to grow by 11.34% this year, but quarterly earnings will post -0.70% year-over-year. Quarterly sales are estimated to shrink -2.40% in year-over-year returns.
BorgWarner Inc (BWA) Top Institutional Holders
904.0 institutions hold shares in BorgWarner Inc (BWA), with institutional investors hold 105.58% of the company’s shares. The shares outstanding are 229.78M, and float is at 216.93M with Short Float at 3.44%. Institutions hold 104.79% 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
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Still, SEC filings show that on Nov 11 ’24, McKenzie Isabelle (Officer) Proposed Sale 5,700 shares at an average price of $34.62 for $0.2 million. The insider now directly holds shares of BorgWarner Inc (BWA).
