Market Insight: BorgWarner Inc (BWA)’s Notable Drop, Closing at 32.55

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In the latest session, BorgWarner Inc (NYSE: BWA) closed at $32.55 down -0.31% from its previous closing price of $32.65. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 2.04 million shares were traded. BWA stock price reached its highest trading level at $32.695 during the session, while it also had its lowest trading level at $32.2075.

Ratios:

For a deeper understanding of BorgWarner Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on March 15, 2024, initiated with a Overweight rating and assigned the stock a target price of $43.

On February 20, 2024, Exane BNP Paribas Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $43 to $35.

Robert W. Baird Downgraded its Outperform to Neutral on January 03, 2024, whereas the target price for the stock was revised from $45 to $39.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’24 when Demmerle Stefan sold 3,000 shares for $33.00 per share. The transaction valued at 99,000 led to the insider holds 249,013 shares of the business.

Weng Volker sold 20,000 shares of BWA for $657,000 on Mar 07 ’24. The Vice President now owns 111,964 shares after completing the transaction at $32.85 per share. On Mar 05 ’24, another insider, Demmerle Stefan, who serves as the Vice President of the company, sold 3,000 shares for $31.29 each. As a result, the insider received 93,877 and left with 252,013 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BWA now has a Market Capitalization of 7438911488 and an Enterprise Value of 10463116288. As of this moment, BorgWarner’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.31, and their Forward P/E ratio for the next fiscal year is 7.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 0.726 whereas that against EBITDA is 5.634.

Stock Price History:

The Beta on a monthly basis for BWA is 1.23, which has changed by -0.29849136 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, BWA has reached a high of $46.77, while it has fallen to a 52-week low of $29.51. The 50-Day Moving Average of the stock is -4.93%, while the 200-Day Moving Average is calculated to be -4.76%.

Shares Statistics:

For the past three months, BWA has traded an average of 2.80M shares per day and 2464580 over the past ten days. A total of 229.78M shares are outstanding, with a floating share count of 225.91M. Insiders hold about 0.84% of the company’s shares, while institutions hold 97.86% stake in the company. Shares short for BWA as of 1719532800 were 10774340 with a Short Ratio of 3.84, compared to 1717113600 on 12653222. Therefore, it implies a Short% of Shares Outstanding of 10774340 and a Short% of Float of 5.41.

Dividends & Splits

According to the company, the forward annual dividend rate for BWA is 0.44, from 0.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015313935The stock’s 5-year Average Dividend Yield is 1.68. The current Payout Ratio is 21.00% for BWA, which recently paid a dividend on 2024-06-03 with an ex-dividend date of 1717372800. Stock splits for the company last occurred on 2023-07-05 when the company split stock in a 1136:1000 ratio.

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