BorgWarner Inc (NYSE: BWA): Analyst View Points To Future Growth

BorgWarner Inc (BWA) concluded trading on Thursday at a closing price of $35.05, with 3.02 million shares of worth about $105.83 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.98% during that period and on December 12, 2024 the price saw a loss of about -0.11%. Currently the company’s common shares owned by public are about 218.70M shares, out of which, 217.18M shares are available for trading.

Stock saw a price change of 3.12% in past 5 days and over the past one month there was a price change of -0.26%. Year-to-date (YTD), BWA shares are showing a performance of -2.23% which increased to 6.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.51 but also hit the highest price of $38.22 during that period. The average intraday trading volume for BorgWarner Inc shares is 2.26 million. The stock is currently trading 2.28% above its 20-day simple moving average (SMA20), while that difference is up 1.86% for SMA50 and it goes to 3.63% higher than SMA200.

BorgWarner Inc (NYSE: BWA) currently have 218.70M outstanding shares and institutions hold larger chunk of about 98.68% of that.

The stock has a current market capitalization of $7.67B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 8.90, while it has posted earnings per share of $3.94 in the same period. Its PEG reads 0.83 and has Quick Ratio of 1.48 while making debt-to-equity ratio of 0.77. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BWA, volatility over the week remained 2.73% while standing at 2.46% over the month.

Stock’s fiscal year EPS is expected to rise by 12.51% while it is estimated to increase by 8.74% in next year. EPS is likely to grow at an annualized rate of 10.73% for next 5-years, compared to annual growth of -9.71% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on September 10, 2024 offering a Hold rating for the stock and assigned a target price of $36 to it. On March 15, 2024, Piper Sandler Initiated their recommendations, while on February 20, 2024, Exane BNP Paribas Downgrade their ratings for the stock with a price target of $35. Stock get a Neutral rating from Robert W. Baird on January 03, 2024.

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