BorgWarner (BWA) Getting Somewhat Positive News Coverage, Study Shows

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:

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.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.07. BorgWarner had a net margin of 3.09% and a return on equity of 21.48%. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the business earned $0.78 earnings per share. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. sell-side analysts forecast that BorgWarner will post 3.82 earnings per share for the current fiscal year.

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.

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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.

Insider Buying and Selling by Quarter for BorgWarner (NYSE:BWA)

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