BorgWarner (NYSE:BWA) is scheduled to be announcing its earnings results before the market opens on Thursday, October 25th. Analysts expect the company to announce earnings of $1.05 per share for the quarter. BorgWarner has set its Q3 guidance at $1.03-1.06 EPS and its FY18 guidance at $4.45-4.50 EPS.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Thursday, July 26th. The auto parts company reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.08. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.71 billion. BorgWarner had a net margin of 5.11% and a return on equity of 22.83%. The firm’s revenue was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.96 earnings per share. On average, analysts expect BorgWarner to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

BorgWarner stock opened at $36.62 on Tuesday. The firm has a market capitalization of $7.66 billion, a P/E ratio of 9.41, a price-to-earnings-growth ratio of 1.25 and a beta of 1.88. BorgWarner has a 1-year low of $35.82 and a 1-year high of $58.22. The company has a quick ratio of 1.23, a current ratio of 1.58 and a debt-to-equity ratio of 0.52.

A number of research firms recently weighed in on BWA. 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, September 20th. Citigroup decreased their target price on shares of BorgWarner from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, July 30th. Wells Fargo & Co raised shares of BorgWarner from a “market perform” rating to an “outperform” rating and decreased their target price for the company from $57.00 to $56.00 in a research report on Wednesday, July 18th. Goldman Sachs Group raised shares of BorgWarner from a “neutral” rating to a “buy” rating and raised their target price for the company from $56.00 to $58.00 in a research report on Monday, June 25th. Finally, Oppenheimer decreased their target price on shares of BorgWarner from $58.00 to $63.00 and set an “outperform” rating for the company in a research report on Monday, July 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $56.17.

In other BorgWarner news, EVP Tonit M. Calaway sold 4,590 shares of the stock in a transaction on Monday, July 30th. The shares were sold at an average price of $46.01, for a total value of $211,185.90. Following the completion of the sale, the executive vice president now owns 34,982 shares in the company, valued at $1,609,521.82. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Thomas J. Mcgill sold 3,260 shares of the stock in a transaction on Thursday, August 2nd. The shares were 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 currently owned by company insiders.

About BorgWarner

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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Earnings History for BorgWarner (NYSE:BWA)

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