A number of firms have modified their ratings and price targets on shares of BorgWarner (NYSE: BWA) recently:

  • 9/26/2017 – BorgWarner was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BorgWarner’s high organic net sales growth expectations are likely to aid the company going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of its growth. It has also provided a positive guidance for fiscal 2017. Moreover, a healthy balance sheet and ample cash flow helps BorgWarner to return capital to its shareholders’ and undertake acquisitions.”
  • 9/22/2017 – BorgWarner was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $56.00 price target on the stock. According to Zacks, “BorgWarner’s high organic net sales growth expectations are likely to aid the company going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of its growth. It has also provided a positive guidance for fiscal 2017. Moreover, a healthy balance sheet and ample cash flow helps BorgWarner to return capital to its shareholders’ and undertake acquisitions.”
  • 9/14/2017 – BorgWarner was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $53.00 price target on the stock. According to Zacks, “Zacks Consensus Estimate for BorgWarner’s annual earnings has been going up of late. High organic net sales growth expectations are likely to aid the company going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of its growth. Moreover, a healthy balance sheet and ample cash flow helps BorgWarner to return capital to its shareholders’ and undertake acquisitions.”
  • 9/13/2017 – BorgWarner was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BorgWarner expects to benefit from high organic net sales growth going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of growth. Also, a healthy balance sheet and ample cash flow help the company to return capital to its shareholders’ and undertake acquisitions. However, its inability to pass on any rise in raw materials to original equipment manufacturer’s, is adversely impacting its profit. Moreover, foreign currency fluctuations and business divestitures are other headwinds BorgWarner has been facing. Also year-to-date, its share has underperformed the industry it belongs to.”
  • 9/12/2017 – BorgWarner had its “outperform” rating reaffirmed by analysts at BMO Capital Markets.
  • 9/5/2017 – BorgWarner was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $52.00 price target on the stock. According to Zacks, “Zacks Consensus Estimate for BorgWarner’s annual earnings has been going up of late. High organic net sales growth expectations are likely to aid the company going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of its growth. Moreover, a healthy balance sheet and ample cash flow helps BorgWarner to return capital to its shareholders’ and undertake acquisitions.”
  • 9/1/2017 – BorgWarner had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $55.00 price target on the stock.
  • 9/1/2017 – BorgWarner was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 8/30/2017 – BorgWarner was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BorgWarner earnings and revenues beat the Zacks Consensus Estimate in the second quarter. Moreover, high organic net sales growth expectations are likely to aid BorgWarner going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of growth. Also, a healthy balance sheet and ample cash flow help the company to return capital to its shareholders’ and undertake acquisitions. However, its inability to pass on any rise in raw materials to OEMs, is adversely impacting its profit. Moreover, foreign currency fluctuations and business divestitures are other headwinds BorgWarner has been facing. Also year-to-date, its share has underperformed the industry it belongs to.”
  • 8/29/2017 – BorgWarner had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $56.00 price target on the stock.
  • 8/29/2017 – BorgWarner was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $50.00 price target on the stock. According to Zacks, “BorgWarner earnings and revenues beat the Zacks Consensus Estimate in the second quarter. Moreover, high organic net sales growth expectations are likely to aid BorgWarner going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of growth. Also, a healthy balance sheet and ample cash flow help the company to return capital to its shareholders’ and undertake acquisitions. However, its inability to pass on any rise in raw materials to OEMs, is adversely impacting its profit. Moreover, foreign currency fluctuations and business divestitures are other headwinds BorgWarner has been facing. Also year-to-date, its share has underperformed the industry it belongs to.”
  • 8/23/2017 – BorgWarner was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “BorgWarner reported better-than-expected adjusted earnings per share in the second-quarter 2017. The company has outperformed the industry it belongs to in the last three months. However, the company is facing foreign currency headwinds and pressure from original equipment manufacturers (OEM) to reduce prices. In fact, its inability to pass on any rise in raw materials to OEMs, is adversely impacting its profit. Also, due to foreign currency fluctuations it might face a negative impact on sales. But, high organic net sales growth expectations are likely to aid BorgWarner going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of growth. Also, a healthy balance sheet and ample cash flows help the company return capital to shareholders and undertake acquisitions. Moreover, BorgWarner is poised to benefit from its expansion strategy.”
  • 8/22/2017 – BorgWarner was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $50.00 price target on the stock. According to Zacks, “BorgWarner reported better-than-expected adjusted earnings per share in the second-quarter 2017. Revenues also surpassed the estimate. The company has outperformed the industry it belongs to in the last three months. High organic net sales growth expectations are likely to aid BorgWarner going forward. Huge business opportunities in Asia, the Americas and Europe in the next three years are anticipated to contribute to a major portion of growth. Also, a healthy balance sheet and ample cash flows help the company return capital to shareholders and undertake acquisitions. Moreover, BorgWarner is poised to benefit from its expansion strategy. However, the company is facing foreign currency headwinds and pressure from original equipment manufacturers (OEM) to reduce prices, which might pose a threat to the company. Due to foreign currency fluctuations it might face a negative impact on sales.”
  • 8/8/2017 – BorgWarner had its price target raised by analysts at Deutsche Bank AG from $54.00 to $55.00. They now have a “buy” rating on the stock.
  • 8/6/2017 – BorgWarner was given a new $46.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.

Shares of BorgWarner Inc. (NYSE BWA) traded down 0.08% during trading on Tuesday, reaching $51.81. The company’s stock had a trading volume of 1,879,297 shares. The stock has a market cap of $10.94 billion, a price-to-earnings ratio of 57.76 and a beta of 1.75. BorgWarner Inc. has a 12-month low of $33.09 and a 12-month high of $52.71. The company has a 50 day moving average of $47.15 and a 200-day moving average of $43.68.

BorgWarner (NYSE:BWA) last announced its earnings results on Thursday, July 27th. The auto parts company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.07. The firm had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.27 billion. BorgWarner had a net margin of 2.06% and a return on equity of 20.75%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.84 EPS. Analysts forecast that BorgWarner Inc. will post $3.70 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were given a $0.14 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.56 annualized dividend and a yield of 1.08%. BorgWarner’s dividend payout ratio is currently 62.92%.

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

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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