BorgWarner Inc (NYSE: BWA) has a price-to-earnings ratio that is above its average at 12.42x. The stock has a 36-month beta value of 1.30. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 3 as “sell.”
The public float for BWA is 229.23M, and at present, short sellers hold a 5.50% of that float. On April 16, 2024, the average trading volume of BWA was 2.95M shares.
BWA) stock’s latest price update
The stock of BorgWarner Inc (NYSE: BWA) has decreased by -1.10 when compared to last closing price of 33.50. Despite this, the company has experienced a -5.69% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that In the latest trading session, BorgWarner (BWA) closed at $34.80, marking a +0.17% move from the previous day.
BWA’s Market Performance
BWA’s stock has fallen by -5.69% in the past week, with a monthly rise of 3.43% and a quarterly rise of 1.04%. The volatility ratio for the week is 2.36% while the volatility levels for the last 30 days are 2.21% for BorgWarner Inc The simple moving average for the past 20 days is -2.38% for BWA’s stock, with a -10.30% simple moving average for the past 200 days.
Analysts’ Opinion of BWA
Many brokerage firms have already submitted their reports for BWA stocks, with Piper Sandler repeating the rating for BWA by listing it as a “Overweight.” The predicted price for BWA in the upcoming period, according to Piper Sandler is $43 based on the research report published on March 15, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see BWA reach a price target of $35, previously predicting the price at $43. The rating they have provided for BWA stocks is “Neutral” according to the report published on February 20th, 2024.
Robert W. Baird gave a rating of “Neutral” to BWA, setting the target price at $39 in the report published on January 03rd of the current year.
BWA Trading at 1.54% from the 50-Day Moving Average
After a stumble in the market that brought BWA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.59% of loss for the given period.
Volatility was left at 2.21%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares surge +3.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.92% lower at present.
During the last 5 trading sessions, BWA fell by -5.69%, which changed the moving average for the period of 200-days by -30.56% in comparison to the 20-day moving average, which settled at $33.99. In addition, BorgWarner Inc saw -7.59% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BWA starting from Demmerle Stefan, who sale 3,000 shares at the price of $33.00 back on Mar 13 ’24. After this action, Demmerle Stefan now owns 249,013 shares of BorgWarner Inc, valued at $99,000 using the latest closing price.
Weng Volker, the Vice President of BorgWarner Inc, sale 20,000 shares at $32.85 during a trade that took place back on Mar 07 ’24, which means that Weng Volker is holding 111,964 shares at $657,000 based on the most recent closing price.
Stock Fundamentals for BWA
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.18 for the gross margin
The net margin for BorgWarner Inc stands at 0.04. The total capital return value is set at 0.12. Equity return is now at value 10.07, with 4.18 for asset returns.
Based on BorgWarner Inc (BWA), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 17.48.
Currently, EBITDA for the company is 1.9 billion with net debt to EBITDA at 1.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. The receivables turnover for the company is 5.07for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.
Conclusion
To sum up, BorgWarner Inc (BWA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
