Analysts expect BorgWarner Inc. (NYSE:BWA) to post earnings per share of $1.01 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for BorgWarner’s earnings, with the highest EPS estimate coming in at $1.06 and the lowest estimate coming in at $0.98. BorgWarner posted earnings of $0.95 per share during the same quarter last year, which would indicate a positive year over year growth rate of 6.3%. The firm is scheduled to announce its next earnings report before the market opens on Thursday, October 25th.

According to Zacks, analysts expect that BorgWarner will report full-year earnings of $4.43 per share for the current financial year, with EPS estimates ranging from $4.36 to $4.54. For the next financial year, analysts expect that the business will report earnings of $4.64 per share, with EPS estimates ranging from $4.00 to $4.82. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow BorgWarner.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Thursday, July 26th. The auto parts company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.08. BorgWarner had a net margin of 5.11% and a return on equity of 22.83%. The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same quarter in the previous year, the company posted $0.96 EPS. The company’s revenue was up 12.7% compared to the same quarter last year.

A number of research analysts have commented on the stock. ValuEngine cut shares of BorgWarner from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. BMO Capital Markets set a $60.00 target price on shares of BorgWarner and gave the company a “buy” rating in a research report on Thursday. Oppenheimer decreased their target price on shares of BorgWarner from $58.00 to $63.00 and set an “outperform” rating on the stock in a research report on Monday, July 23rd. Royal Bank of Canada decreased their target price on shares of BorgWarner to $49.00 and set a “positive” rating on the stock in a research report on Wednesday. Finally, Citigroup decreased their target price on shares of BorgWarner from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, July 30th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $56.67.

In other BorgWarner news, EVP Tonit M. Calaway sold 4,590 shares of the business’s stock in a transaction dated Monday, July 30th. The shares were sold at an average price of $46.01, for a total transaction of $211,185.90. Following the sale, the executive vice president now directly owns 34,982 shares in the company, valued at $1,609,521.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Thomas J. Mcgill sold 3,260 shares of the business’s stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $44.55, for a total transaction of $145,233.00. The disclosure for this sale can be found here. 0.74% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of BWA. BlackRock Inc. increased its stake in BorgWarner by 14.5% during the second quarter. BlackRock Inc. now owns 19,874,263 shares of the auto parts company’s stock worth $857,773,000 after purchasing an additional 2,517,481 shares during the period. Morgan Stanley increased its stake in shares of BorgWarner by 130.9% during the second quarter. Morgan Stanley now owns 1,200,289 shares of the auto parts company’s stock worth $51,805,000 after buying an additional 680,461 shares during the period. OppenheimerFunds Inc. increased its stake in shares of BorgWarner by 3,555.5% during the second quarter. OppenheimerFunds Inc. now owns 667,057 shares of the auto parts company’s stock worth $28,790,000 after buying an additional 648,809 shares during the period. Renaissance Technologies LLC increased its stake in shares of BorgWarner by 64.7% during the second quarter. Renaissance Technologies LLC now owns 1,237,265 shares of the auto parts company’s stock worth $53,400,000 after buying an additional 486,165 shares during the period. Finally, Amundi Pioneer Asset Management Inc. increased its stake in shares of BorgWarner by 36.8% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 1,711,868 shares of the auto parts company’s stock worth $85,988,000 after buying an additional 460,476 shares during the period. Institutional investors own 91.62% of the company’s stock.

NYSE BWA traded down $0.52 during trading hours on Tuesday, reaching $45.26. The company had a trading volume of 5,618,348 shares, compared to its average volume of 2,053,796. BorgWarner has a 1-year low of $42.06 and a 1-year high of $58.22. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.58 and a quick ratio of 1.23. The stock has a market capitalization of $9.45 billion, a P/E ratio of 10.53, a PEG ratio of 1.29 and a beta of 1.88.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 17th. Shareholders of record on Tuesday, September 4th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, August 31st. This represents a $0.68 dividend on an annualized basis and a yield of 1.50%. BorgWarner’s dividend payout ratio (DPR) is presently 17.48%.

BorgWarner Company Profile

BorgWarner Inc provides solutions for combustion, hybrid, and electric vehicles worldwide. It operates through two segments, Engine and Drivetrain. The Engine segment develops and manufactures turbochargers; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, front-wheel drive transmission chains, four-wheel drive chains for light vehicles, and hybrid power transmission chains.

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