BorgWarner Inc. (NYSE:BWA) has received a consensus rating of “Hold” from the nineteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $51.27.

A number of equities research analysts have issued reports on the company. Zacks Investment Research downgraded BorgWarner from a “buy” rating to a “hold” rating in a research report on Thursday. KeyCorp upped 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. UBS Group upped their price objective on BorgWarner from $57.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, October 19th. BMO Capital Markets upped their price objective on BorgWarner from $60.00 to $65.00 and gave the company an “outperform” rating in a research report on Monday, October 30th. Finally, Buckingham Research upped their price objective on BorgWarner from $37.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, October 19th.

Shares of BorgWarner (BWA) opened at $56.94 on Friday. BorgWarner has a 52-week low of $37.54 and a 52-week high of $58.22. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.10 and a current ratio of 1.43. The stock has a market capitalization of $11,990.00, a P/E ratio of 41.26, a price-to-earnings-growth ratio of 1.60 and a beta of 1.76.

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, beating analysts’ consensus estimates of $0.88 by $0.07. BorgWarner had a return on equity of 21.48% and a net margin of 3.09%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the prior year, the business posted $0.78 earnings per share. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. equities research analysts predict that BorgWarner will post 3.83 EPS for the current year.

In other BorgWarner 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 transaction, the executive vice president now directly owns 63,937 shares in the company, valued at approximately $3,363,086.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Joel Wiegert sold 1,400 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $52.35, for a total value of $73,290.00. Following the transaction, the vice president now owns 16,197 shares in the company, valued at $847,912.95. The disclosure for this sale can be found here. Corporate insiders own 0.66% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue increased its holdings in BorgWarner by 47.1% during the 4th quarter. State of Alaska Department of Revenue now owns 39,026 shares of the auto parts company’s stock worth $1,991,000 after purchasing an additional 12,500 shares during the period. Fox Run Management L.L.C. purchased a new position in BorgWarner during the 4th quarter worth $720,000. Alpha Windward LLC purchased a new position in BorgWarner during the 4th quarter worth $497,000. Westpac Banking Corp increased its holdings in BorgWarner by 3.7% during the 4th quarter. Westpac Banking Corp now owns 96,698 shares of the auto parts company’s stock worth $4,940,000 after purchasing an additional 3,467 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its holdings in BorgWarner by 1.3% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 999,556 shares of the auto parts company’s stock worth $51,068,000 after purchasing an additional 12,348 shares during the period. Institutional investors own 95.16% 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.

Analyst Recommendations for BorgWarner (NYSE:BWA)

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