BorgWarner Inc. (NYSE:BWA) saw a downside of -1.08% to close Tuesday at $39.44 after subtracting -$0.43 on the day. The 5-day average trading volume is 1,968,660 shares of the company’s common stock. It has gained $40.67 in the past week and touched a new high 1 time within the past 5 days. An average of 2,204,745 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,423,160.
BWA’s 1-month performance is -14.54% or -$6.70 on its low of $38.87 reached on 08/18/23. The company’s shares have touched a 52-week low of $27.39 and high of $47.05, with the stock’s rally to the 52-week high happening on 03/03/23. YTD, BWA has achieved 11.40% or -$0.81 and has reached a new high 17 times. However, the current price is down -16.17% from the 52-week high price.
Insider Transactions
BWA stock investors last saw insider trading activity on Jun 14.Demmerle Stefan (Vice President) most recently sold 5,000 shares at $47.61 per share on Jun 14. This transaction cost the insider $238,050. Vice President, Fadool Joseph F., sold 210 shares at a price of $46.70 on May 30. Then, on May 26, Vice President Fadool Joseph F. sold 631 shares at a price of $47.16 per share. This transaction amounted to $29,744.
Valuation Metrics
BWA stock has a beta of 1.45. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.55 while the price-to-book (PB) in the most recent quarter is 1.22, with the price to cash flow ratio at 15.55.
BorgWarner Inc.’s quick ratio for the recent period was 1.20, with the current ratio over the same period at 1.60.. In terms of profitability, the gross margin trailing 12 months is 19.30%. The trailing 12-month EBITDA margin is 13.86%. The firm’s gross profit as reported stood at $3.1 billion against revenue of $15.8 billion.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -5.88% to $204.0 million, while revenue of $217.0 million was -6.37% off the previous quarter. EBITDA for the quarter stood at more than $569.0 million. BWA stock balance sheet for the recent quarter shows that total liabilities totaled 9.54 billion, with total debt at $4.45 billion. Shareholders hold equity totaling $235.06 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 22 August was 27.57% to suggest the stock is trending oversold, with historical volatility in this time period at 17.96%.
The stock’s 5-day moving average is $39.65, reflecting a -3.24% or -$1.32 change from its current price. BWA is currently trading -14.26% above its 20-day SMA, -18.07% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -13.98% and SMA200 by+8.53%.
Stochastic %K and %D was 12.38% and 8.76% and the average true range (ATR) pointed at 1.03. The RSI (14) points at 31.24%, while the 14-day stochastic is at 14.59% with the period’s ATR at 1.08. The stock’s 9-day MACD Oscillator is pointing at -0.63 and -1.28 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for BorgWarner Inc. (NYSE: BWA), Nomura downgraded it to a Neutral 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, 0 brokerage advisors rate BWA as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 8 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 $43.01 and a high of $67.00, with their median price target at $49.00. Looking at these predictions, the average price target given by analysts is for BorgWarner Inc. (BWA) stock is $51.67.
