BorgWarner (BWA) Earns Daily Media Sentiment Score of 0.12
Media headlines about BorgWarner (NYSE:BWA) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BorgWarner earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 47.0956572450239 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- BorgWarner (BWA) Upgraded to “Outperform” at Royal Bank of Canada (americanbankingnews.com)
- Wells Fargo & Co Increases BorgWarner (BWA) Price Target to $56.00 (americanbankingnews.com)
- BorgWarner Inc. (BWA) Stock Recap – Wall Street Morning (wallstreetmorning.com)
- Top-notch Stocks to Watch: Raytheon Company (RTN), BorgWarner Inc. (BWA) – Market Movers (financialqz.com)
- Attention Seeking Stock – BorgWarner Inc (NYSE: BWA) – Alpha Beta Stock (alphabetastock.com)
BWA has been the subject of a number of research reports. Zacks Investment Research upgraded BorgWarner from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a report on Thursday, January 11th. UBS Group increased their price objective on BorgWarner from $57.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, October 19th. ValuEngine upgraded BorgWarner from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Royal Bank of Canada reiterated a “hold” rating and issued a $61.00 price objective on shares of BorgWarner in a report on Wednesday, December 20th. Finally, Barclays set a $50.00 price objective on BorgWarner and gave the stock a “hold” rating in a report on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $52.59.
BorgWarner (NYSE:BWA) last released its earnings results on Thursday, February 8th. The auto parts company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.06. BorgWarner had a return on equity of 21.92% and a net margin of 4.49%. The firm had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.53 billion. During the same period in the prior year, the firm posted $0.85 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. equities research analysts anticipate that BorgWarner will post 4.16 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.29%. BorgWarner’s dividend payout ratio is currently 32.85%.
In related news, EVP John J. Gasparovic sold 38,409 shares of the stock in a transaction on Monday, December 18th. The stock was sold at an average price of $52.60, for a total transaction of $2,020,313.40. Following the sale, the executive vice president now directly owns 63,937 shares of the company’s stock, valued at $3,363,086.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Joel Wiegert sold 1,400 shares of the stock in a transaction 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 sale, the vice president now directly owns 16,197 shares in the company, valued at $847,912.95. The disclosure for this sale can be found here. Corporate insiders own 0.66% of the company’s stock.
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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