Equities research analysts expect BorgWarner Inc. (NYSE:BWA) to post earnings per share of $0.86 for the current quarter, according to Zacks. Seven analysts have issued estimates for BorgWarner’s earnings, with the highest EPS estimate coming in at $0.87 and the lowest estimate coming in at $0.86. BorgWarner posted earnings of $0.78 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 10.3%. The firm is expected to issue its next quarterly earnings results before the market opens on Thursday, October 26th.

According to Zacks, analysts expect that BorgWarner will report full year earnings of $3.68 per share for the current year, with EPS estimates ranging from $3.65 to $3.70. For the next year, analysts expect that the business will post earnings of $3.90 per share, with EPS estimates ranging from $3.61 to $4.07. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover BorgWarner.

BorgWarner (NYSE:BWA) last issued its earnings results on Thursday, July 27th. The auto parts company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.07. BorgWarner had a net margin of 2.06% and a return on equity of 20.75%. The firm had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter last year, the business earned $0.84 earnings per share. The business’s revenue was up 2.5% on a year-over-year basis.

Several equities analysts have recently weighed in on BWA shares. Zacks Investment Research downgraded BorgWarner from a “buy” rating to a “hold” rating in a research report on Friday, May 19th. Jefferies Group LLC reissued a “buy” rating and set a $50.00 target price on shares of BorgWarner in a research report on Wednesday, May 31st. Deutsche Bank AG reaffirmed a “buy” rating and issued a $54.00 price objective on shares of BorgWarner in a research report on Wednesday, May 31st. ValuEngine downgraded BorgWarner from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Morgan Stanley cut their price objective on BorgWarner from $34.00 to $32.00 and set an “underweight” rating on the stock in a research report on Friday, June 9th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. BorgWarner currently has a consensus rating of “Hold” and an average price target of $44.00.

In related news, insider Brady D. Ericson sold 11,052 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $45.38, for a total transaction of $501,539.76. Following the sale, the insider now directly owns 23,418 shares of the company’s stock, valued at $1,062,708.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Tonit M. Calaway sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $44.99, for a total value of $134,970.00. Following the sale, the executive vice president now directly owns 34,120 shares in the company, valued at $1,535,058.80. The disclosure for this sale can be found here. 0.66% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of BWA. Achmea Investment Management B.V. grew its holdings in BorgWarner by 58.0% in the second quarter. Achmea Investment Management B.V. now owns 14,217 shares of the auto parts company’s stock valued at $601,000 after purchasing an additional 5,218 shares during the period. USA Financial Portformulas Corp acquired a new stake in BorgWarner in the second quarter valued at approximately $3,611,000. Sentry Investment Management LLC grew its holdings in BorgWarner by 0.9% in the second quarter. Sentry Investment Management LLC now owns 13,520 shares of the auto parts company’s stock valued at $573,000 after purchasing an additional 120 shares during the period. Toronto Dominion Bank grew its holdings in BorgWarner by 24.9% in the second quarter. Toronto Dominion Bank now owns 68,094 shares of the auto parts company’s stock valued at $2,884,000 after purchasing an additional 13,593 shares during the period. Finally, North Star Asset Management Inc. grew its holdings in BorgWarner by 13.4% in the second quarter. North Star Asset Management Inc. now owns 64,152 shares of the auto parts company’s stock valued at $2,717,000 after purchasing an additional 7,560 shares during the period. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

Shares of BorgWarner (NYSE BWA) traded up 1.02% on Friday, hitting $48.76. 2,001,071 shares of the stock traded hands. The firm has a market cap of $10.29 billion, a PE ratio of 54.36 and a beta of 1.73. BorgWarner has a 52-week low of $33.09 and a 52-week high of $49.00. The firm has a 50 day moving average price of $45.82 and a 200 day moving average price of $43.01.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Wednesday, August 30th. BorgWarner’s dividend payout ratio is presently 62.92%.

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About BorgWarner

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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Earnings History and Estimates for BorgWarner (NYSE:BWA)

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