BorgWarner Inc. (NYSE:BWA) saw an upside of 0.58% to close Monday at $46.92 after adding $0.27 on the day. The 5-day average trading volume is 1,994,680 shares of the company’s common stock. It has gained $47.79 in the past week. An average of 2,035,955 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,803,092.
BWA’s 1-month performance is 9.47% or $4.06 on its low of $40.28 reached on 09/20/21. The company’s shares have touched a 52-week low of $34.30 and high of $55.55, with the stock’s rally to the 52-week high happening on 06/03/21. YTD, BWA has achieved 21.43% or $8.28. However, the current price is down -15.54%% from the 52-week high price.
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On Jun 02, 132 days have gone by since the last insider trading activity for BorgWarner Inc. (BWA). Demmerle Stefan (Vice President) most recently sold 4,500 shares at $55.22 per share on Jun 02. This transaction cost the insider $248,490. Vice President, Fadool Joseph F., sold 18,000 shares at a price of $51.59 on May 27. Then, on May 14, EVP & Chief Financial Officer Nowlan Kevin sold 20,000 shares at a price of $51.41 per share. This transaction amounted to $1,028,114.
The company’s PE ratio for the last five years has touched a high of 86.18 and a low of 5.481. BWA stock has a beta of 1.49. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.78 while the price-to-book (PB) in the most recent quarter is 1.68, with the price to cash flow ratio at 7.51.
BorgWarner Inc. pays an annual dividend of $0.68 per share. Its dividend yield is 1.45% and the payout ratio is 20.10%. BWA’s most recent quarterly dividend payment was made on Sep. 15, when it paid $0.17 a share compared with prior rate of $0.17, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.03 reported on Thursday November 9 2017. Measured over the last 3 years, the Dividend has been growing by 15.25% yearly.
It is projected that BorgWarner Inc.’s next ex-dividend date will be on 30-Nov-2021. BWA is expected to distribute $0.17 as its next dividend.
BorgWarner Inc.’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.70 meaning that BWA stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.65, while the total debt to equity was 0.66. In terms of profitability, the gross margin trailing 12 months is 20.20%. The trailing 12-month EBITDA margin is 14.63% while for the period ending June 29; BorgWarner Inc.’s operating margin was 8.60%. The firm’s gross profit as reported stood at $1.91 billion against revenue of $10.16 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 62.05% to $3.76 billion, while revenue of $4.01 billion was -6.68% off the previous quarter. Analysts expected BWA to announce $0.81 per share in earnings in its latest quarter, but it posted $1.08, representing a 33.30% surprise. EBITDA for the quarter stood at more than $317.0 million. BWA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 9.84 billion, with total debt at $4.58 billion. Shareholders hold equity totaling $239.79 million
Let’s look briefly at BorgWarner Inc. (BWA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 67.79% to suggest the stock is trending Neutral, with historical volatility in this time period at 35.38%.
The stock’s 5-day moving average is $45.71, reflecting a +5.32% or $2.37 change from its current price. BWA is currently trading +7.20% above its 20-day SMA, -6.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -4.21% and +18.43% respectively.
Stochastic %K and %D was 87.82% and 84.53% and the average true range (ATR) pointed at 1.52. The RSI (14) points at 63.01%, while the 14-day stochastic is at 84.68% with the period’s ATR at 1.43. The stock’s 9-day MACD Oscillator is pointing at 1.52 and 1.90 on the 14-day charts.
In the most recent analyst report for BorgWarner Inc. (NYSE: BWA), Jefferies downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for BWA stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate BWA as a “sell,”, while 10 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 6 have offered a “buy” rating.
What is BWA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $31.00 and a high of $66.00, with their median price target at $52.50. Looking at these predictions, the average price target given by analysts is for BorgWarner Inc. (BWA) stock is $52.75.