Media coverage about BorgWarner (NYSE:BWA) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BorgWarner earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 47.3122229524965 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- See what the IHS Markit Score report has to say about BorgWarner Inc. (finance.yahoo.com)
- BorgWarner Inc (BWA) Chart Watch: Following the Indicators - Berry Recorder (berryrecorder.com)
- BorgWarner Inc (BWA) Needle Moving -0.83% - Sparta Review (spartareview.com)
- BorgWarner Inc. (NYSE:BWA) Traded 6.2% Above Its 50 Day Average - Modern Readers (modernreaders.com)
- BorgWarner’s Regulated Two-stage Turbocharger Drives New Diesel Engine from Jaguar Land Rover - Markets Insider (markets.businessinsider.com)
A number of research firms have issued reports on BWA. Jefferies Group LLC restated a “buy” rating and set a $50.00 price target on shares of BorgWarner in a report on Wednesday, May 31st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $44.00 target price on shares of BorgWarner in a research report on Wednesday, July 12th. BidaskClub lowered BorgWarner from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Guggenheim assumed coverage on BorgWarner in a research report on Wednesday, June 21st. They issued a “neutral” rating and a $45.00 price target for the company. Finally, Zacks Investment Research lowered BorgWarner from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $42.67.
BorgWarner (BWA) traded down 2.977% during midday trading on Thursday, hitting $45.145. The company had a trading volume of 1,329,482 shares. The stock has a 50 day moving average price of $44.71 and a 200 day moving average price of $42.24. The company has a market capitalization of $9.53 billion, a P/E ratio of 50.329 and a beta of 1.73. BorgWarner has a 52 week low of $33.09 and a 52 week high of $48.03.
BorgWarner (NYSE:BWA) last issued its earnings results on Thursday, July 27th. The auto parts company reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.07. The business had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.27 billion. BorgWarner had a return on equity of 20.75% and a net margin of 2.06%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.84 EPS. Equities analysts forecast that BorgWarner will post $3.70 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Wednesday, August 30th. BorgWarner’s payout ratio is 62.92%.
In other BorgWarner news, Director Dennis C. Cuneo sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $44.06, for a total value of $44,060.00. Following the sale, the director now owns 13,398 shares of the company’s stock, valued at $590,315.88. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.66% of the stock is owned by insiders.
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.
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