BorgWarner (BWA) Projected to Post Quarterly Earnings on Thursday

BorgWarner (NYSE:BWA - Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, February 6th. Analysts expect BorgWarner to post earnings of $0.93 per share and revenue of $3.47 billion for the quarter. Parties interested in listening to the company's conference call can do so using this link.

BorgWarner (NYSE:BWA - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The auto parts company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.17. The business had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.50 billion. BorgWarner had a return on equity of 15.51% and a net margin of 6.33%. BorgWarner's quarterly revenue was down 4.8% on a year-over-year basis. During the same period last year, the company earned $0.98 earnings per share. On average, analysts expect BorgWarner to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

BorgWarner Stock Up 1.8 %

Shares of BWA stock traded up $0.60 during trading on Thursday, reaching $33.07. The company's stock had a trading volume of 484,026 shares, compared to its average volume of 2,228,997. The company has a market cap of $7.23 billion, a price-to-earnings ratio of 8.38, a price-to-earnings-growth ratio of 0.63 and a beta of 1.20. BorgWarner has a one year low of $29.51 and a one year high of $38.22. The business has a fifty day moving average price of $32.85 and a 200-day moving average price of $33.39. The company has a quick ratio of 1.48, a current ratio of 1.84 and a debt-to-equity ratio of 0.66.

BorgWarner Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.11 per share. The ex-dividend date was Monday, December 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.33%. BorgWarner's dividend payout ratio is 11.17%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. The Goldman Sachs Group lowered their price target on BorgWarner from $35.00 to $31.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Evercore ISI upgraded shares of BorgWarner from an "in-line" rating to an "outperform" rating and boosted their price objective for the stock from $39.00 to $43.00 in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft lifted their price target on BorgWarner from $38.00 to $39.00 and gave the stock a "hold" rating in a report on Monday, November 4th. Guggenheim reaffirmed a "buy" rating and issued a $41.00 price objective on shares of BorgWarner in a research report on Thursday, December 12th. Finally, Barclays dropped their price target on BorgWarner from $47.00 to $43.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $40.40.

Insider Activity at BorgWarner

In related news, CEO Frederic Lissalde sold 154,000 shares of the company's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $34.61, for a total value of $5,329,940.00. Following the transaction, the chief executive officer now owns 259,957 shares in the company, valued at approximately $8,997,111.77. This represents a 37.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Stefan Demmerle sold 20,544 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $34.28, for a total value of $704,248.32. Following the transaction, the vice president now owns 206,969 shares of the company's stock, valued at $7,094,897.32. The trade was a 9.03 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 222,010 shares of company stock valued at $7,678,076. 0.45% of the stock is owned by insiders.

BorgWarner Company Profile

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.