BorgWarner Inc. (NYSE:BWA) Given Consensus Rating of "Moderate Buy" by Analysts

BorgWarner Inc. (NYSE:BWA - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seventeen research firms that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $41.25.

A number of equities analysts recently issued reports on BWA shares. The Goldman Sachs Group decreased their target price on shares of BorgWarner from $38.00 to $36.00 and set a "neutral" rating for the company in a research report on Tuesday, October 1st. JPMorgan Chase & Co. lowered their price objective on shares of BorgWarner from $51.00 to $50.00 and set an "overweight" rating on the stock in a research note on Monday, October 21st. Wolfe Research initiated coverage on BorgWarner in a report on Thursday, September 5th. They set a "peer perform" rating on the stock. Barclays lifted their price target on BorgWarner from $45.00 to $47.00 and gave the company an "overweight" rating in a research report on Thursday, August 1st. Finally, UBS Group upped their price objective on BorgWarner from $41.00 to $42.00 and gave the company a "buy" rating in a report on Wednesday, July 10th.

BorgWarner Stock Performance

Shares of NYSE BWA traded down $0.67 during midday trading on Wednesday, hitting $33.55. 2,896,176 shares of the company's stock were exchanged, compared to its average volume of 2,705,339. BorgWarner has a twelve month low of $29.51 and a twelve month high of $38.22. The firm has a market cap of $7.64 billion, a P/E ratio of 12.71, a PEG ratio of 0.81 and a beta of 1.20. The stock's 50 day moving average price is $34.06 and its 200-day moving average price is $33.86. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.62 and a quick ratio of 1.26.

BorgWarner (NYSE:BWA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The auto parts company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.18. The company had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.69 billion. BorgWarner had a return on equity of 15.50% and a net margin of 4.97%. The firm's quarterly revenue was down 20.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.35 EPS. Equities research analysts anticipate that BorgWarner will post 4.1 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Tania Wingfield sold 2,066 shares of the company's stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $32.00, for a total transaction of $66,112.00. Following the transaction, the executive vice president now directly owns 46,016 shares of the company's stock, valued at approximately $1,472,512. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP Tania Wingfield sold 2,066 shares of the business's stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $32.00, for a total transaction of $66,112.00. Following the transaction, the executive vice president now directly owns 46,016 shares of the company's stock, valued at approximately $1,472,512. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Tonit M. Calaway sold 10,868 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $31.74, for a total transaction of $344,950.32. Following the completion of the sale, the chief accounting officer now owns 206,083 shares of the company's stock, valued at approximately $6,541,074.42. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.45% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BWA. Asset Management One Co. Ltd. lifted its stake in BorgWarner by 24.8% in the third quarter. Asset Management One Co. Ltd. now owns 4,348 shares of the auto parts company's stock valued at $158,000 after acquiring an additional 863 shares during the last quarter. QRG Capital Management Inc. lifted its stake in shares of BorgWarner by 4.4% in the 3rd quarter. QRG Capital Management Inc. now owns 65,009 shares of the auto parts company's stock valued at $2,359,000 after purchasing an additional 2,732 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in BorgWarner by 6.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 683,725 shares of the auto parts company's stock worth $24,812,000 after purchasing an additional 43,330 shares in the last quarter. Van ECK Associates Corp raised its holdings in BorgWarner by 8.6% during the third quarter. Van ECK Associates Corp now owns 74,932 shares of the auto parts company's stock valued at $2,557,000 after buying an additional 5,953 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in BorgWarner by 50.7% during the third quarter. Janney Montgomery Scott LLC now owns 54,051 shares of the auto parts company's stock valued at $1,962,000 after buying an additional 18,175 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company's stock.

About BorgWarner

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.