Equities research analysts expect BorgWarner Inc. (NYSE:BWA) to report $1.02 earnings per share for the current quarter, according to Zacks. Six analysts have made estimates for BorgWarner’s earnings, with the highest EPS estimate coming in at $1.05 and the lowest estimate coming in at $1.00. BorgWarner reported earnings per share of $0.85 during the same quarter last year, which suggests a positive year over year growth rate of 20%. The business is scheduled to issue its next quarterly earnings results before the market opens on Thursday, February 8th.

According to Zacks, analysts expect that BorgWarner will report full year earnings of $3.84 per share for the current financial year, with EPS estimates ranging from $3.80 to $3.87. For the next year, analysts expect that the company will post earnings of $4.18 per share, with EPS estimates ranging from $3.75 to $4.30. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for BorgWarner.

Several equities analysts recently issued reports on BWA shares. Zacks Investment Research upgraded BorgWarner from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Tuesday, December 26th. UBS Group boosted their price objective on BorgWarner from $57.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, October 19th. KeyCorp boosted their price objective on BorgWarner from $50.00 to $56.00 and gave the company a “buy” rating in a research report on Friday, October 13th. ValuEngine upgraded BorgWarner from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Deutsche Bank lowered BorgWarner from a “buy” rating to a “hold” rating and set a $55.00 price objective for the company. in a research report on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. BorgWarner has an average rating of “Hold” and a consensus target price of $52.38.

In other BorgWarner news, EVP John J. Gasparovic sold 38,409 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $52.60, for a total value of $2,020,313.40. Following the sale, the executive vice president now owns 63,937 shares in the company, valued at approximately $3,363,086.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Joel Wiegert sold 1,400 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $52.35, for a total value of $73,290.00. Following the completion of the sale, the vice president now owns 16,197 shares in the company, valued at approximately $847,912.95. The disclosure for this sale can be found here. Insiders own 0.66% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sentry Investment Management LLC raised its stake in shares of BorgWarner by 0.9% during the 2nd quarter. Sentry Investment Management LLC now owns 13,520 shares of the auto parts company’s stock worth $573,000 after purchasing an additional 120 shares in the last quarter. Scotia Capital Inc. raised its stake in shares of BorgWarner by 2.6% during the 2nd quarter. Scotia Capital Inc. now owns 12,973 shares of the auto parts company’s stock worth $550,000 after purchasing an additional 328 shares in the last quarter. Stephens Inc. AR raised its stake in shares of BorgWarner by 20.2% during the 4th quarter. Stephens Inc. AR now owns 5,994 shares of the auto parts company’s stock worth $306,000 after purchasing an additional 1,008 shares in the last quarter. Chevy Chase Trust Holdings Inc. raised its stake in shares of BorgWarner by 0.7% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 173,037 shares of the auto parts company’s stock worth $8,865,000 after purchasing an additional 1,179 shares in the last quarter. Finally, ETRADE Capital Management LLC raised its stake in shares of BorgWarner by 23.4% during the 3rd quarter. ETRADE Capital Management LLC now owns 6,356 shares of the auto parts company’s stock worth $326,000 after purchasing an additional 1,207 shares in the last quarter. Hedge funds and other institutional investors own 95.13% of the company’s stock.

BorgWarner (NYSE:BWA) opened at $54.16 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 1.10. BorgWarner has a 12-month low of $37.54 and a 12-month high of $58.22. The stock has a market capitalization of $11,040.00, a P/E ratio of 39.25, a P/E/G ratio of 1.49 and a beta of 1.81.

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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.

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Earnings History and Estimates for BorgWarner (NYSE:BWA)

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