Shares of BorgWarner Inc. (NYSE:BWA) have earned a consensus rating of “Hold” from the twenty-one brokerages that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $48.88.

BWA has been the subject of a number of recent analyst reports. Jefferies Group reaffirmed a “buy” rating and issued a $56.00 price objective on shares of BorgWarner in a research report on Tuesday, August 29th. KeyCorp lifted their price objective on BorgWarner from $50.00 to $56.00 and gave the company a “buy” rating in a research report on Friday, October 13th. ValuEngine downgraded BorgWarner from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Citigroup lifted their target price on BorgWarner from $50.00 to $54.00 and gave the company a “neutral” rating in a report on Monday, October 30th. Finally, Zacks Investment Research upgraded BorgWarner from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Tuesday, August 22nd.

BorgWarner (NYSE:BWA) opened at $55.68 on Friday. The stock has a market capitalization of $11,446.42, a price-to-earnings ratio of 14.79, a P/E/G ratio of 1.58 and a beta of 1.75. BorgWarner has a 1-year low of $34.44 and a 1-year high of $55.86. The company has a current ratio of 1.43, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.07. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.26 billion. BorgWarner had a return on equity of 21.48% and a net margin of 3.09%. BorgWarner’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.78 earnings per share. analysts predict that BorgWarner will post 3.82 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.17 dividend. This is a boost from BorgWarner’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.68 annualized dividend and a dividend yield of 1.22%. BorgWarner’s payout ratio is 40.58%.

Several large investors have recently added to or reduced their stakes in BWA. Vanguard Group Inc. increased its position in BorgWarner by 1.5% during the second quarter. Vanguard Group Inc. now owns 20,470,428 shares of the auto parts company’s stock worth $867,128,000 after buying an additional 308,140 shares during the last quarter. Boston Partners increased its holdings in shares of BorgWarner by 7.2% during the third quarter. Boston Partners now owns 11,588,389 shares of the auto parts company’s stock worth $593,672,000 after buying an additional 777,782 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of BorgWarner by 1.3% during the third quarter. Victory Capital Management Inc. now owns 3,904,799 shares of the auto parts company’s stock worth $200,044,000 after buying an additional 50,161 shares in the last quarter. Kiltearn Partners LLP increased its holdings in shares of BorgWarner by 0.9% during the second quarter. Kiltearn Partners LLP now owns 3,152,452 shares of the auto parts company’s stock worth $133,538,000 after buying an additional 28,300 shares in the last quarter. Finally, Black Creek Investment Management Inc. increased its holdings in shares of BorgWarner by 32.5% during the second quarter. Black Creek Investment Management Inc. now owns 2,664,249 shares of the auto parts company’s stock worth $112,858,000 after buying an additional 653,574 shares in the last quarter. Institutional investors and hedge funds own 94.70% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/12/01/borgwarner-inc-bwa-receives-average-rating-of-hold-from-analysts.html.

BorgWarner Company Profile

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.

Analyst Recommendations for BorgWarner (NYSE:BWA)

Receive News & Ratings for BorgWarner Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BorgWarner Inc. and related companies with MarketBeat.com's FREE daily email newsletter.