Market cap of BorgWarner Inc. [BWA] reaches 8.82B – now what?

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BorgWarner Inc. [NYSE: BWA] surged by $0.63 during the normal trading session on Thursday and reaching a high of $36.70 during the day while it closed the day at $36.67. The company report on May 10, 2022 that BorgWarner’s $400,000 Indianapolis 500 Rolling Jackpot Up for Grabs Again by 2021 Winner, Helio Castroneves.

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BorgWarner increased its Indianapolis 500 Rolling Jackpot prize by $20,000, raising the stakes for another back-to-back win for Helio Castroneves.

Marks the third time Castroneves is eligible for the prize.

BorgWarner Inc. stock has also loss -3.75% of its value over the past 7 days. However, BWA stock has declined by -16.77% in the 3 months of the year. Over the past six months meanwhile, it has lost -22.00% and lost -18.64% year-on date.

The market cap for BWA stock reached $8.82 billion, with 239.77 million shares outstanding and 238.56 million shares in the current float. Compared to the average trading volume of 2.21M shares, BWA reached a trading volume of 7619128 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 $48.33 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 2.50. 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.

Exane BNP Paribas have made an estimate for BorgWarner Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 11, 2022. While these analysts kept the previous recommendation, Jefferies dropped their target price from $65 to $47. The new note on the price target was released on September 20, 2021, representing the official price target for BorgWarner Inc. stock. Previously, the target price had yet another raise to $64, while Wells Fargo analysts kept a Overweight rating on BWA stock.

The Average True Range (ATR) for BorgWarner Inc. is set at 1.37, with the Price to Sales ratio for BWA stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 1.26, with the Price to Cash per share for the same quarter was set at 7.66. Price to Free Cash Flow for BWA in the course of the last twelve months was 9.06 with Quick ratio for the last quarter at 1.30.

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 -3.75. With this latest performance, BWA shares dropped by -1.05% in over the last four-week period, additionally sinking by -22.00% over the last 6 months – not to mention a drop of -27.74% 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 44.84, with the RSI for the last a single of trading hit 44.06, and the three-weeks RSI is set at 44.90 for BorgWarner Inc. [BWA]. The present Moving Average for the last 50 days of trading for this stock 37.60, while it was recorded at 36.76 for the last single week of trading, and 43.14 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 +9.34 and a Gross Margin at +19.26. BorgWarner Inc.’s Net Margin is presently recorded at +3.62.

Return on Equity for this stock inclined to 8.03, with Return on Assets sitting at 3.29.

BorgWarner Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.70.

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

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 22.19%.

BorgWarner Inc. [BWA]: Insider Ownership positions

There are presently around $7,928 million, or 96.70% of BWA stock, in the hands of institutional investors. The top three institutional holders of BWA stocks are: VANGUARD GROUP INC with ownership of 25,561,204, which is approximately 0.197% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 21,532,386 shares of the stock with an approximate value of $776.03 million in BWA stocks shares; and STATE STREET CORP, currently with $369.3 million in BWA stock with ownership of nearly 3.741% of the company’s market capitalization.

Positions in BorgWarner Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 322 institutional holders increased their position in BorgWarner Inc. [NYSE:BWA] by around 14,866,787 shares. Additionally, 291 investors decreased positions by around 18,873,974 shares, while 84 investors held positions by with 186,239,999 shares. The mentioned changes placed institutional holdings at 219,980,760 shares, according to the latest SEC report filing. BWA stock had 90 new institutional investments in for a total of 1,572,735 shares, while 66 institutional investors sold positions of 1,372,485 shares during the same period.