BorgWarner Inc. (NYSE:BWA) – Analysts at Oppenheimer issued their FY2017 EPS estimates for shares of BorgWarner in a research note issued to investors on Wednesday. Oppenheimer analyst N. Kaye expects that the auto parts company will post earnings of $3.82 per share for the year. Oppenheimer has a “Outperform” rating and a $63.00 price objective on the stock. Oppenheimer also issued estimates for BorgWarner’s Q4 2017 earnings at $1.00 EPS, Q1 2018 earnings at $1.04 EPS, Q2 2018 earnings at $1.05 EPS, Q3 2018 earnings at $1.03 EPS, Q4 2018 earnings at $1.11 EPS, FY2018 earnings at $4.24 EPS, FY2019 earnings at $4.65 EPS and FY2020 earnings at $5.07 EPS.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.95 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.07. BorgWarner had a return on equity of 21.48% and a net margin of 3.09%. The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the business earned $0.78 EPS. BorgWarner’s revenue was up 9.1% on a year-over-year basis.

Several other equities research analysts also recently weighed in on the company. BMO Capital Markets upped their price target on BorgWarner from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Monday, October 30th. Citigroup upped their price target on BorgWarner from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. Barclays set a $50.00 price target on BorgWarner and gave the stock a “hold” rating in a report on Friday, October 20th. Buckingham Research upped their price target on BorgWarner from $37.00 to $45.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. Finally, UBS upped their price target on BorgWarner from $57.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company’s stock. BorgWarner currently has a consensus rating of “Hold” and an average price target of $49.67.

Shares of BorgWarner (NYSE BWA) opened at $53.76 on Monday. 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 has a 1-year low of $37.54 and a 1-year high of $55.86. The firm has a market capitalization of $11,334.70, a PE ratio of 14.65, a price-to-earnings-growth ratio of 1.56 and a beta of 1.76.

Large investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its position in shares of BorgWarner by 8.3% in the 2nd quarter. Pacer Advisors Inc. now owns 4,433 shares of the auto parts company’s stock valued at $188,000 after purchasing an additional 341 shares during the period. Zeke Capital Advisors LLC acquired a new stake in shares of BorgWarner in the 3rd quarter valued at about $201,000. Dorsey & Whitney Trust CO LLC acquired a new stake in shares of BorgWarner in the 3rd quarter valued at about $202,000. Rothschild Investment Corp IL acquired a new stake in shares of BorgWarner in the 3rd quarter valued at about $205,000. Finally, Obermeyer Wood Investment Counsel Lllp boosted its position in shares of BorgWarner by 2.5% in the 2nd quarter. Obermeyer Wood Investment Counsel Lllp now owns 4,921 shares of the auto parts company’s stock valued at $208,000 after purchasing an additional 121 shares during the period. 94.67% of the stock is owned by institutional investors and hedge funds.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.17 per share. This is a boost from BorgWarner’s previous quarterly dividend of $0.14. This represents a $0.68 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Thursday, November 30th. BorgWarner’s dividend payout ratio is currently 49.28%.

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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.

Earnings History and Estimates for BorgWarner (NYSE:BWA)

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