Headlines about BorgWarner (NYSE:BWA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. BorgWarner earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned headlines about the auto parts company an impact score of 48.0299263601224 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- BorgWarner :’s Four-Fold R2S® System Takes Boosting to the Next Level (4-traders.com)
- Notable Runners: BorgWarner Inc., (NYSE: BWA), Unit Corporation, (NYSE: UNT), Avangrid, Inc., (NYSE: AGR … – Stocks In The News (press release) (tradingnewsnow.com)
- BorgWarner Inc. (BWA) Expected to Announce Quarterly Sales of $2.49 Billion (americanbankingnews.com)
- $0.99 Earnings Per Share Expected for BorgWarner Inc. (BWA) This Quarter (americanbankingnews.com)
- Magna (MGA) Q3 Earnings & Revenues Beat Estimates, Up Y/Y (finance.yahoo.com)
Several research analysts recently weighed in on BWA shares. BidaskClub cut shares of BorgWarner from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Zacks Investment Research upgraded shares of BorgWarner from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a report on Tuesday, September 5th. Deutsche Bank AG boosted their price target on shares of BorgWarner from $54.00 to $55.00 and gave the stock a “buy” rating in a report on Tuesday, August 8th. Barclays PLC set a $46.00 price target on shares of BorgWarner and gave the stock a “hold” rating in a report on Sunday, August 6th. Finally, BMO Capital Markets restated an “outperform” rating on shares of BorgWarner in a report on Tuesday, September 12th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $47.72.
BorgWarner (NYSE BWA) traded down $0.04 during midday trading on Tuesday, hitting $52.03. 923,400 shares of the stock traded hands, compared to its average volume of 1,838,778. BorgWarner has a one year low of $33.81 and a one year high of $53.84. The company has a current ratio of 1.43, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $10,970.00, a price-to-earnings ratio of 14.19, a P/E/G ratio of 1.51 and a beta of 1.75.
BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.07. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.26 billion. BorgWarner had a net margin of 3.09% and a return on equity of 21.48%. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.78 earnings per share. equities research analysts expect that BorgWarner will post 3.82 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from BorgWarner’s previous quarterly dividend of $0.14. BorgWarner’s dividend payout ratio is 40.58%.
In other BorgWarner news, insider Brady D. Ericson sold 11,052 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $45.38, for a total value of $501,539.76. Following the completion of the transaction, the insider now owns 23,418 shares of the company’s stock, valued at approximately $1,062,708.84. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Tonit M. Calaway sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $44.99, for a total transaction of $134,970.00. Following the completion of the transaction, the executive vice president now directly owns 34,120 shares of the company’s stock, valued at approximately $1,535,058.80. The disclosure for this sale can be found here. Corporate insiders own 0.66% of the company’s stock.
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BorgWarner Company Profile
BorgWarner Inc is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The Company’s segments include Engine and Drivetrain. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Engine segment develops and manufactures products for gasoline and diesel engines, and alternative powertrains.
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