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Agents Factor Forecasts for BorgWarner Inc.’s Q2 2022 Profits (NYSE:BWA)


BorgWarner Inc. (NYSE:BWAGet Score) – Jefferies Monetary Crew dropped their Q2 2022 EPS estimates for BorgWarner in a record launched on Thursday, July twenty first. Jefferies Monetary Crew analyst D. Kelley now forecasts that the car portions corporate will publish income of $0.86 according to percentage for the quarter, down from their earlier forecast of $0.92. The consensus estimate for BorgWarner’s present full-year income is $4.08 according to percentage. Jefferies Monetary Crew additionally issued estimates for BorgWarner’s Q3 2022 income at $1.00 EPS and This autumn 2022 income at $1.06 EPS.

BWA has been the subject of a number of different reviews. StockNews.com started protection on stocks of BorgWarner in a record on Thursday, March thirty first. They set a “grasp” ranking at the inventory. Deutsche Financial institution Aktiengesellschaft upgraded stocks of BorgWarner from a “grasp” ranking to a “purchase” ranking and boosted their fee goal for the inventory from $43.00 to $48.00 in a record on Monday, July 18th. The Goldman Sachs Crew dropped their goal fee on stocks of BorgWarner from $41.00 to $40.00 in a analysis observe on Wednesday, June 1st. Morgan Stanley dropped their goal fee on stocks of BorgWarner from $32.00 to $30.00 and set an “underweight” ranking at the inventory in a analysis observe on Wednesday, June 1st. After all, Wells Fargo & Corporate boosted their goal fee on stocks of BorgWarner from $52.00 to $57.00 and gave the corporate an “obese” ranking in a analysis observe on Monday, July eleventh. One analyst has rated the inventory with a promote ranking, seven have assigned a grasp ranking and two have given a purchase ranking to the corporate’s inventory. In line with information from MarketBeat.com, the corporate has a mean ranking of “Hang” and a consensus fee goal of $44.13.

BorgWarner Inventory Up 0.1 %

BorgWarner inventory opened at $36.41 on Monday. BorgWarner has a fifty-two week low of $32.28 and a fifty-two week top of $50.09. The inventory has a marketplace cap of $8.72 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 0.30 and a beta of one.38. The company’s 50-day easy shifting moderate is $36.42 and its 200 day easy shifting moderate is $39.18. The corporate has a debt-to-equity ratio of 0.58, a handy guide a rough ratio of one.29 and a present ratio of one.72.

BorgWarner (NYSE:BWAGet Score) remaining launched its quarterly income effects on Wednesday, Would possibly 4th. The car portions corporate reported $1.05 income according to percentage for the quarter, topping the consensus estimate of $0.80 by way of $0.25. BorgWarner had a internet margin of four.57% and a go back on fairness of 13.34%. The trade had earnings of $3.87 billion for the quarter, in comparison to analysts’ expectancies of $3.71 billion. All through the similar length within the earlier yr, the corporate earned $1.21 income according to percentage. The company’s earnings for the quarter was once down 3.4% in comparison to the similar quarter remaining yr.

Institutional Buying and selling of BorgWarner

Hedge budget and different institutional buyers have not too long ago purchased and bought stocks of the corporate. CWM LLC purchased a brand new place in stocks of BorgWarner within the 4th quarter price $26,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a brand new place in stocks of BorgWarner within the 1st quarter price $27,000. Capital Advisors Ltd. LLC higher its holdings in stocks of BorgWarner by way of 7,755.6% within the 1st quarter. Capital Advisors Ltd. LLC now owns 707 stocks of the car portions corporate’s inventory price $28,000 after purchasing an extra 698 stocks all over the remaining quarter. Northern Oak Wealth Control Inc. purchased a brand new place in stocks of BorgWarner within the 4th quarter price $32,000. After all, Wolff Wiese Magana LLC purchased a brand new place in stocks of BorgWarner within the 2d quarter price $33,000. Institutional buyers personal 90.96% of the corporate’s inventory.

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Insider Process at BorgWarner

In similar information, CAO Tonit M. Calaway bought 17,543 stocks of the corporate’s inventory in a transaction that befell on Wednesday, June 1st. The stocks had been bought at a mean fee of $40.27, for a complete transaction of $706,456.61. Following the sale, the executive accounting officer now immediately owns 40,380 stocks within the corporate, valued at roughly $1,626,102.60. The sale was once disclosed in a submitting with the Securities & Alternate Fee, which is offered thru this hyperlink. In similar information, CAO Tonit M. Calaway bought 4,000 stocks of the corporate’s inventory in a transaction that befell on Tuesday, Would possibly seventeenth. The stocks had been bought at a mean fee of $38.75, for a complete transaction of $155,000.00. Following the sale, the executive accounting officer now owns 57,923 stocks of the corporate’s inventory, valued at roughly $2,244,516.25. The transaction was once disclosed in a criminal submitting with the Securities & Alternate Fee, which is offered thru this link. Additionally, CAO Tonit M. Calaway bought 17,543 stocks of the corporate’s inventory in a transaction that befell on Wednesday, June 1st. The inventory was once bought at a mean fee of $40.27, for a complete transaction of $706,456.61. Following the sale, the executive accounting officer now immediately owns 40,380 stocks within the corporate, valued at roughly $1,626,102.60. The disclosure for this sale will also be discovered right here. 0.54% of the inventory is these days owned by way of company insiders.

BorgWarner Proclaims Dividend

The company additionally not too long ago declared a quarterly dividend, which was once paid on Wednesday, June fifteenth. Buyers of report on Wednesday, June 1st had been paid a dividend of $0.17 according to percentage. This represents a $0.68 dividend on an annualized foundation and a dividend yield of one.87%. The ex-dividend date of this dividend was once Tuesday, Would possibly thirty first. BorgWarner’s payout ratio is these days 24.20%.

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BorgWarner Corporate Profile

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BorgWarner Inc supplies answers for combustion, hybrid, and electrical automobiles international. The corporate operates thru 4 segments: Air Control, E-Propulsion & Drivetrain, Gas Injection, and Aftermarket. The Air Control section gives turbochargers, eBoosters, eTurbos, timing techniques, emissions techniques, thermal techniques, fuel ignition era, good far flung actuators, powertrain sensors, canisters, cabin warmers, battery modules and techniques, battery packs, battery warmers, and battery charging.

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Earnings History and Estimates for BorgWarner (NYSE:BWA)



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