Press coverage about BorgWarner (NYSE:BWA) has trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BorgWarner earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 45.6135586530549 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- How Analysts Feel About Owens Corning (NYSE:OC)? (nismagazine.com)
- Traders Buy High Volume of BorgWarner Put Options (BWA) (americanbankingnews.com)
- ETFs with exposure to BorgWarner, Inc. : December 26, 2017 (finance.yahoo.com)
- BorgWarner (BWA) Upgraded by Zacks Investment Research to Buy (americanbankingnews.com)
- BorgWarner Inc. (BWA) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
BorgWarner (NYSE:BWA) traded down $1.01 during trading on Monday, hitting $51.09. 803,100 shares of the stock traded hands, compared to its average volume of 1,778,485. BorgWarner has a 52 week low of $37.54 and a 52 week high of $55.86. The firm has a market capitalization of $10,771.74, a price-to-earnings ratio of 37.02, a P/E/G ratio of 1.55 and a beta of 1.77. The company has a quick ratio of 1.10, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were given a $0.17 dividend. The ex-dividend date was Thursday, November 30th. This represents a $0.68 annualized dividend and a dividend yield of 1.33%. This is a positive change from BorgWarner’s previous quarterly dividend of $0.14. BorgWarner’s dividend payout ratio is presently 49.28%.
Several equities analysts recently issued reports on BWA shares. KeyCorp upped their price objective on shares of BorgWarner from $50.00 to $56.00 and gave the company a “buy” rating in a research note on Friday, October 13th. Citigroup upped their price objective on shares of BorgWarner from $50.00 to $54.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Zacks Investment Research downgraded shares of BorgWarner from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Oppenheimer assumed coverage on shares of BorgWarner in a research report on Thursday, December 7th. They set an “outperform” rating and a $63.00 price target for the company. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of BorgWarner in a research report on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $51.12.
In related news, VP Joel Wiegert sold 1,400 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $52.35, for a total transaction of $73,290.00. Following the completion of the sale, the vice president now directly owns 16,197 shares of the company’s stock, valued at approximately $847,912.95. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John J. Gasparovic sold 38,409 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $52.60, for a total transaction of $2,020,313.40. Following the sale, the executive vice president now directly owns 63,937 shares of the company’s stock, valued at $3,363,086.20. The disclosure for this sale can be found here. 0.66% of the stock is owned by corporate insiders.
WARNING: “BorgWarner (BWA) Getting Somewhat Positive News Coverage, Study Shows” was first posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.com-unik.info/2018/01/01/borgwarner-bwa-getting-somewhat-positive-news-coverage-study-shows.html.
BorgWarner Company Profile
BorgWarner Inc is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The Company’s segments include Engine and Drivetrain. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Engine segment develops and manufactures products for gasoline and diesel engines, and alternative powertrains.
Receive News & Ratings for BorgWarner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BorgWarner and related companies with MarketBeat.com's FREE daily email newsletter.