Sunday, October 25, 2020

Wolfe Research slashes price target on BorgWarner Inc. [BWA] – find out why.

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BorgWarner Inc. [NYSE: BWA] closed the trading session at $37.40 on 09/23/20. The day’s price range saw the stock hit a low of $37.385, while the highest price level was $38.19.

The stocks have a year to date performance of -13.79 percent and weekly performance of -5.46 percent. The stock has been moved at 57.67 percent over the last six months. The stock has performed -9.62 percent around the most recent 30 days and changed 12.72 percent over the most recent 3-months.

If compared to the average trading volume of 2.68M shares, BWA reached to a volume of 2091797 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about BorgWarner Inc. [BWA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BWA shares is $45.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BWA stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for BorgWarner Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 28, 2020. The new note on the price target was released on April 13, 2020, representing the official price target for BorgWarner Inc. stock. Previously, the target price had yet another raise to $25, while Morgan Stanley analysts kept a Equal-Weight rating on BWA stock.

The Average True Range (ATR) for BorgWarner Inc. is set at 1.17, with the Price to Sales ratio for BWA stock in the period of the last 12 months amounting to 0.90. The Price to Book ratio for the last quarter was 1.67, with the Price to Cash per share for the same quarter was set at 9.52. Price to Free Cash Flow for BWA in the course of the last twelve months was 24.58 with Quick ratio for the last quarter at 1.90.

BWA stock trade performance evaluation

BorgWarner Inc. [BWA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.46. With this latest performance, BWA shares dropped by -9.62% in over the last four-week period, additionally plugging by 57.67% over the last 6 months – not to mention a rise of 3.23% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BWA stock in for the last two-week period is set at 33.89, with the RSI for the last a single of trading hit 25.83, and the three-weeks RSI is set at 40.64 for BorgWarner Inc. [BWA]. The present Moving Average for the last 50 days of trading for this stock 39.89, while it was recorded at 38.16 for the last single week of trading, and 34.69 for the last 200 days.

BorgWarner Inc. [BWA]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and BorgWarner Inc. [BWA] shares currently have an operating margin of +12.11 and a Gross Margin at +20.69. BorgWarner Inc.’s Net Margin is presently recorded at +7.33.

Return on Total Capital for BWA is now 18.46, given the latest momentum, and Return on Invested Capital for the company is 11.83. Return on Equity for this stock inclined to 16.70, with Return on Assets sitting at 7.54. When it comes to the capital structure of this company, BorgWarner Inc. [BWA] has a Total Debt to Total Equity ratio set at 43.46. Additionally, BWA Total Debt to Total Capital is recorded at 30.29, with Total Debt to Total Assets ending up at 21.08. Long-Term Debt to Equity for the company is recorded at 37.00, with the Long-Term Debt to Total Capital now at 25.79.

Reflecting on the efficiency of the workforce at the company, BorgWarner Inc. [BWA] managed to generate an average of $25,724 per employee. Receivables Turnover for the company is 5.18 with a Total Asset Turnover recorded at a value of 1.03.BorgWarner Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.40.

Earnings per share (EPS) analysis for BorgWarner Inc. [BWA] stock

With the latest financial reports released by the company, BorgWarner Inc. posted 0.96/share EPS, while the average EPS was predicted by analysts to be reported at 0.85/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BWA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BorgWarner Inc. go to 1.79%.

BorgWarner Inc. [BWA]: Insider Ownership positions

There are presently around $8,417 million, or 96.45% of BWA stock, in the hands of institutional investors. The top three institutional holders of BWA stocks are: VANGUARD GROUP INC with ownership of 23,043,746, which is approximately -2.604% of the company’s market cap and around 0.40% of the total institutional ownership; FMR LLC, holding 15,661,666 shares of the stock with an approximate value of $585.75 million in BWA stocks shares; and BLACKROCK INC., currently with $576.79 million in BWA stock with ownership of nearly 0.883% of the company’s market capitalization.

274 institutional holders increased their position in BorgWarner Inc. [NYSE:BWA] by around 34,430,751 shares. Additionally, 241 investors decreased positions by around 15,885,497 shares, while 58 investors held positions by with 174,726,779 shares. The mentioned changes placed institutional holdings at 225,043,027 shares, according to the latest SEC report filing. BWA stock had 89 new institutional investments in for a total of 4,981,661 shares, while 65 institutional investors sold positions of 3,519,169 shares during the same period.

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