The BorgWarner Inc. (NYSE:BWA) is going up by 0.18% in today’s trading session, a rise equivalent to 0.07% of the stock’s price from yesterday’s market close. A news came out on 09/09/19 stating that BorgWarner Energizes Future of Mobility with Extensive Hybrid, Electric Vehicle Offerings by WSJ. The lowest point that the shares touched during the trading session was $36.495, while the peak of the day was recorded at a share price of $38.455. BWA finished the previous session at $38.41 according to the data provided by Barchart, while the trading volume was observed to be $1,242,434.
In the 100 days of trading, BWA managed to top a 37.93% Moving average. Additionally, BorgWarner Inc. shares have achieved a 52-week range between 30.71 and 46.97 alongside 100 days raw stochastic set at 62.63%.
The number of shares outstanding, according to the fundamentals of the company, is set at 205.70M, equal to the value of $7.90B in market capitalization. In the last 30 days, BorgWarner Inc. shares went down by -0.44%, adding 38.71 to growth in value, on top of a +25.49% boost since 08/09/19.
BorgWarner Inc. (NYSE:BWA) Analyst’s Estimates
BorgWarner Inc. (BWA) could record at least $0.88 per share in quarterly earnings in the upcoming report on 11/01/2019, a number that would actually represent an increase of 8.33% YOY.
According to the average analyst rating, BorgWarner Inc. would be rated as Overweight. Out of 20 different analysts monitoring BWA stock, 10 analysts rate the stock as a BUY, 8 suggest to give the rating of HOLD, 2 indicate that BWA is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Aug-27-19, the stock earned a Initiated rating due to a new analyst call from Nomura, while analysts from RBC Capital Mkts believe that the stock is set at Sector Perform from Outperform, as concluded on Jul-26-19. Deutsche Bank, is still rather wary about the stock, deciding to keep the rating at Hold as confirmed through a call on Jul-26-19.
Barclays, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on May-30-19, giving the stock a Overweight from the Equal Weight rating.
BWA Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +21.20% has been attained, while the operating margin has been recorded at +12.23%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 9.36%. Beta value of the stock is recorded at 1.84. Additionally, BorgWarner Inc. is recording price volatility of 3.32% for the period of the last seven days and 2.85% in the last 30 days.
BorgWarner Inc. (NYSE:BWA) Technical Outlook
For the period of the last 50 days, BorgWarner Inc. had its Raw Stochastic average set at 66.41% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 97.87%. Stochastic %K for BorgWarner Inc., with the last 20 days included, was set at 98.22%, having Stochastic %D topping 97.30%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for BorgWarner Inc. stocks with recording 10.56% in metrics.
BorgWarner Inc. Insider Watch:
As far as the position of shares issued by BorgWarner Inc. (NYSE:BWA) for the period concluded at the market close of 09/10/19, 240 institutional investors increased their positions in BWA shares by 13,738,084, 256 decreased positions by 11,914,017 and 79 institutional investors decided to hold positions at 166,141,594. These numbers put the complete list of institutional holdings set at 191,793,695 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 57 institutional investments with 2,230,189 new shares in addition to having 63 institutional investors selling their positions in 3,201,221 shares.