BorgWarner Inc. (NYSE:BWA) – Analysts at Seaport Global Securities issued their FY2018 EPS estimates for BorgWarner in a report issued on Wednesday, February 13th. Seaport Global Securities analyst M. Ward forecasts that the auto parts company will post earnings per share of $4.35 for the year. Seaport Global Securities currently has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for BorgWarner’s Q4 2018 earnings at $1.07 EPS, Q3 2020 earnings at $1.06 EPS and Q4 2020 earnings at $1.22 EPS.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Thursday, February 14th. The auto parts company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.14. BorgWarner had a return on equity of 22.68% and a net margin of 5.26%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the previous year, the firm posted $1.07 EPS. The business’s revenue for the quarter was down .5% compared to the same quarter last year.

A number of other brokerages have also recently commented on BWA. ValuEngine raised BorgWarner from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 10th. Barclays set a $36.00 price target on BorgWarner and gave the stock a “hold” rating in a research report on Friday, January 4th. Oppenheimer restated a “buy” rating and issued a $51.00 price objective on shares of BorgWarner in a report on Thursday, October 25th. KeyCorp started coverage on shares of BorgWarner in a report on Monday, December 10th. They issued a “sector weight” rating for the company. Finally, TheStreet upgraded shares of BorgWarner from a “c+” rating to a “b-” rating in a report on Thursday, January 31st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $50.86.

Shares of BWA opened at $40.74 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 0.50. BorgWarner has a 52 week low of $32.46 and a 52 week high of $54.35. The company has a market capitalization of $8.41 billion, a PE ratio of 10.47, a P/E/G ratio of 1.09 and a beta of 1.79.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be issued a $0.17 dividend. The ex-dividend date is Thursday, February 28th. This represents a $0.68 dividend on an annualized basis and a yield of 1.67%. BorgWarner’s payout ratio is currently 17.48%.

In other news, Director Alexis P. Michas sold 10,003 shares of the company’s stock in a transaction dated Monday, November 26th. The shares were sold at an average price of $39.99, for a total transaction of $400,019.97. Following the sale, the director now directly owns 78,223 shares in the company, valued at approximately $3,128,137.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Deborah D. Mcwhinney bought 1,421 shares of the firm’s stock in a transaction dated Wednesday, December 19th. The shares were acquired at an average price of $35.14 per share, for a total transaction of $49,933.94. The disclosure for this purchase can be found here. 0.74% of the stock is owned by insiders.

A number of institutional investors have recently bought and sold shares of the stock. Harris Associates L P raised its position in BorgWarner by 29.8% in the 4th quarter. Harris Associates L P now owns 6,663,643 shares of the auto parts company’s stock worth $231,495,000 after purchasing an additional 1,530,716 shares during the period. Municipal Employees Retirement System of Michigan purchased a new position in shares of BorgWarner during the fourth quarter worth approximately $838,000. Gotham Asset Management LLC increased its position in shares of BorgWarner by 250.0% during the fourth quarter. Gotham Asset Management LLC now owns 411,630 shares of the auto parts company’s stock worth $14,300,000 after acquiring an additional 294,034 shares during the period. Candriam Luxembourg S.C.A. increased its position in shares of BorgWarner by 1.1% during the fourth quarter. Candriam Luxembourg S.C.A. now owns 196,603 shares of the auto parts company’s stock worth $6,830,000 after acquiring an additional 2,164 shares during the period. Finally, Logan Capital Management Inc. increased its position in shares of BorgWarner by 19.4% during the fourth quarter. Logan Capital Management Inc. now owns 55,705 shares of the auto parts company’s stock worth $1,935,000 after acquiring an additional 9,041 shares during the period. 92.67% of the stock is currently owned by institutional investors.

About BorgWarner

BorgWarner Inc provides solutions for combustion, hybrid, and electric vehicles worldwide. It operates through two segments, Engine and Drivetrain. The Engine segment develops and manufactures turbochargers; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, front-wheel drive transmission chains, four-wheel drive chains for light vehicles, and hybrid power transmission chains.

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Earnings History and Estimates for BorgWarner (NYSE:BWA)

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