The stock of BorgWarner Inc. (NYSE:BWA) decreased by -$0.58 on Wednesday to $41.90, down -1.37 percent. The last five days have seen an average of 1,721,019 shares of common stock traded. 4 times new highs were reached in the current year, with a fall of -$3.01. The average number of shares traded over the last 20 days was 2,215,150, while the average volume over the last 50 days totaled 2,059,398.
BWA stock appreciated 19.19% since last month. On 10/24/22, the company’s shares reached a one-month low of $34.45. The stock touched a high of $50.09 on 01/13/22, after rallying from a low of $31.14 in 52 weeks. The price of BWA stock has declined by -5.75% or -$3.01 this year, reaching a new high 4 times. Still, the stock price is down -16.35% from the 52-week high.
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BWA stock investors should be aware that BorgWarner Inc. (BWA) stock had its last reported insider trading activity 175 days ago on Jun 01. On Jun 01, EVP, CAO, Gen Counsel & Sec CALAWAY TONIT M sold 17,543 shares at $40.27 each. This transaction resulted in the insider making $706,474. On May 17, CALAWAY TONIT M sold 4,000 shares at a price of US$38.75. After the transaction, the insider now owns 57,923 shares. EVP & CHRO Pryor Felecia J. had earlier sold 6,590 shares on Mar 09 for $38.01 a share. The transaction was completed for $250,489.
BorgWarner Inc. (BWA) has a trailing price-to-earnings (P/E) ratio of 12.35. Beta for the stock is 1.43. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.63, the price-to-book (PB) ratio of 1.47, and the price-to-cash flow ratio of 17.73.
Company paid $0.17 per share in dividends, remained unchanged from $0.17 last year. A $0.03 dividend increase was reported on Thursday November 9 2017.
For the three months ended September 29, BorgWarner Inc.’s quick ratio was 1.30, while its current ratio was 1.70, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.60, and the total debt to equity ratio is 0.61. As far as profitability goes, gross margin for the trailing twelve months is 18.80% percent. BorgWarner Inc.’s operating margin stood at 7.80% for the same period. Based on annual data, it had gross profit of $2.85 billion and revenue of $14.84 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BWA’s return on assets (ROA) during the last 12 months has been 5.00%. There was a 8.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 11.80%.
According to BorgWarner Inc.’s quarterly financial report for the quarter that ended September 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $4.06 billion, while revenues rose by 15.86% to $3.76 billion. It was predicted that BorgWarner Inc.’s quarterly earnings would be $1.24, but it ended up being $1.04, beating the consensus by 19.20%. EBITDA was $567.0 million for the quarter. At the end of BorgWarner Inc.’s most recent quarter ended September 29, its liabilities totaled 9.04 billion, while its total debt was $4.33 billion. Equity owned by shareholders amounts to $234.15 million.
Here’s a quick look at BorgWarner Inc.’s (BWA) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 65.12%, suggesting the stock is Neutral, with a 30.93% historical volatility rate.
The stochastic %K and %D were 82.79% and 82.38% respectively, while the average true range (ATR) was 1.09. Based on the 14-day stochastic reading of 79.31%, the RSI (14) reading is 65.65%. On the 9-day MACD Oscillator, the stock is at 0.08, and the 14-day reading is at 1.21.
In its most recent analyst report, Deutsche Bank raised its rating on BorgWarner Inc. (NYSE: BWA) to a Buy. Prior to this, analysts firm rated the stock as a Hold. Analysts have assigned BorgWarner Inc. (BWA) an Overweight rating. BWA is a stock that is recommended for selling by 1 brokerage firm, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 8 others recommend it as a buy.
What is BWA’s price target for the next 12 months?
The current consensus forecast for the stock is between $35.00 and $78.00, with a median target price of $42.50. In analyzing these forecasts, the average price target given by analysts for BorgWarner Inc. (BWA) is $45.57.