BorgWarner Inc (NYSE: BWA) is 0.35% higher 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 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 $32.85 in the last trading session, with the day’s loss setting it -0.95%.
Currently trading at $31.90, the stock is -0.60% and -3.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing -2.89% at the moment leaves the stock -5.23% off its SMA200. BWA registered -7.32% loss for a year compared to 6-month loss of -9.66%. The firm has a 50-day simple moving average (SMA 50) of $32.9196 and a 200-day simple moving average (SMA200) of $33.66015.
The stock witnessed a 0.82% gain in the last 1 month and extending the period to 3 months gives it a -6.78%, and is -2.30% 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 2.28% over the week and 2.30% over the month.
BorgWarner Inc (BWA) has around 39900 employees, a market worth around $6.98B and $14.17B in sales. Current P/E ratio is 8.10 and Fwd P/E is 7.18. Profit margin for the company is 6.33%. Distance from 52-week low is 8.10% and -16.55% from its 52-week high. The company has generated returns on investments over the last 12 months (8.57%).
with sales reaching $3.47B over the same period.The EPS is expected to grow by 13.32% this year, but quarterly earnings will post -0.52% year-over-year. Quarterly sales are estimated to shrink -1.53% in year-over-year returns.
BorgWarner Inc (BWA) Top Institutional Holders
860.0 institutions hold shares in BorgWarner Inc (BWA), with institutional investors hold 103.94% of the company’s shares. The shares outstanding are 218.70M, and float is at 217.18M with Short Float at 4.82%. Institutions hold 103.26% 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 Demmerle Stefan, the company’s Vice President. SEC filings show that Demmerle Stefan sold 20,544 shares of the company’s common stock on Nov 27 ’24 at a price of $34.28 per share for a total of $0.7 million. Following the sale, the insider now owns 0.21 million shares.
Still, SEC filings show that on Nov 14 ’24, Demmerle Stefan (Vice President) disposed off 21,500 shares at an average price of $34.79 for $0.75 million. The insider now directly holds 227,513 shares of BorgWarner Inc (BWA).
