BorgWarner Inc. (NYSE:BWA) has been given an average rating of “Hold” by the twenty-one ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $47.00.

BWA has been the topic of several research reports. TheStreet lowered shares of BorgWarner from a “b-” rating to a “c+” rating in a research report on Thursday, August 22nd. Barclays restated a “buy” rating and set a $44.00 target price on shares of BorgWarner in a research report on Thursday, July 18th. Credit Suisse Group decreased their target price on shares of BorgWarner from $50.00 to $47.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Robert W. Baird set a $51.00 target price on shares of BorgWarner and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, Morgan Stanley set a $47.00 target price on shares of BorgWarner and gave the stock a “buy” rating in a research report on Wednesday, June 26th.

A number of large investors have recently bought and sold shares of the business. Mason Street Advisors LLC raised its stake in BorgWarner by 0.9% during the first quarter. Mason Street Advisors LLC now owns 29,631 shares of the auto parts company’s stock worth $1,138,000 after purchasing an additional 267 shares during the period. State Treasurer State of Michigan raised its stake in BorgWarner by 0.5% during the first quarter. State Treasurer State of Michigan now owns 59,896 shares of the auto parts company’s stock worth $2,301,000 after purchasing an additional 300 shares during the period. SeaCrest Wealth Management LLC raised its stake in BorgWarner by 3.6% during the second quarter. SeaCrest Wealth Management LLC now owns 8,661 shares of the auto parts company’s stock worth $364,000 after purchasing an additional 302 shares during the period. Schafer Cullen Capital Management Inc raised its stake in BorgWarner by 0.4% during the second quarter. Schafer Cullen Capital Management Inc now owns 107,671 shares of the auto parts company’s stock worth $4,304,000 after purchasing an additional 402 shares during the period. Finally, Empirical Finance LLC raised its stake in BorgWarner by 0.8% during the second quarter. Empirical Finance LLC now owns 59,682 shares of the auto parts company’s stock worth $2,505,000 after purchasing an additional 502 shares during the period. 91.49% of the stock is currently owned by institutional investors.

Shares of BWA stock traded up $0.12 during trading hours on Thursday, hitting $39.24. The company’s stock had a trading volume of 1,729,800 shares, compared to its average volume of 1,703,823. The business has a fifty day moving average of $34.44 and a 200-day moving average of $38.54. The stock has a market cap of $8.06 billion, a price-to-earnings ratio of 8.76, a P/E/G ratio of 1.22 and a beta of 1.87. BorgWarner has a twelve month low of $30.71 and a twelve month high of $46.97. The company has a current ratio of 1.66, a quick ratio of 1.31 and a debt-to-equity ratio of 0.43.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Thursday, July 25th. The auto parts company reported $1.00 EPS for the quarter, meeting the consensus estimate of $1.00. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.52 billion. BorgWarner had a net margin of 7.53% and a return on equity of 20.13%. The company’s quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.18 earnings per share. On average, equities analysts expect that BorgWarner will post 3.88 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Friday, August 30th. BorgWarner’s dividend payout ratio is currently 15.18%.

About BorgWarner

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

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Analyst Recommendations for BorgWarner (NYSE:BWA)

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