BorgWarner (NYSE:BWA) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of $4.15-4.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.17. The company issued revenue guidance of $10.4-10.6 billion, compared to the consensus revenue estimate of $10.29 billion.BorgWarner also updated its Q1 guidance to $0.97-1.01 EPS.

A number of brokerages have weighed in on BWA. Zacks Investment Research downgraded BorgWarner from a buy rating to a hold rating in a report on Friday, January 12th. Royal Bank of Canada reaffirmed a hold rating and issued a $61.00 target price on shares of BorgWarner in a report on Wednesday, December 20th. Oppenheimer began coverage on BorgWarner in a report on Thursday, December 7th. They issued an outperform rating and a $63.00 target price on the stock. BMO Capital Markets raised their target price on BorgWarner from $60.00 to $65.00 and gave the company an outperform rating in a report on Monday, October 30th. Finally, Citigroup raised 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. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. BorgWarner has an average rating of Hold and an average price target of $51.88.

Shares of BorgWarner (BWA) opened at $56.32 on Wednesday. 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 twelve month low of $37.54 and a twelve month high of $57.89. The firm has a market capitalization of $12,066.29, a price-to-earnings ratio of 40.81, a P/E/G ratio of 1.62 and a beta of 1.77.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.95 earnings per share for the quarter, beating 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 last year, the business posted $0.78 EPS. BorgWarner’s revenue for the quarter was up 9.1% on a year-over-year basis. research analysts forecast that BorgWarner will post 3.83 earnings per share for the current year.

In related news, EVP John J. Gasparovic sold 38,409 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $52.60, for a total transaction of $2,020,313.40. Following the sale, the executive vice president now owns 63,937 shares of the company’s stock, valued at approximately $3,363,086.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Joel Wiegert sold 1,400 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $52.35, for a total value of $73,290.00. Following the sale, the vice president now directly owns 16,197 shares in the company, valued at approximately $847,912.95. The disclosure for this sale can be found here. Company insiders own 0.66% of the company’s stock.

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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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