BorgWarner Inc. (BWA) Announces Earnings Results, Beats Estimates By $0.01 EPS

BorgWarner Inc. (NYSE:BWA) released its earnings results on Thursday. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. The firm had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.30 billion. BorgWarner had a return on equity of 19.21% and a net margin of 1.31%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 earnings per share. BorgWarner updated its Q1 guidance to $0.81-0.85 EPS and its FY17 guidance to $3.35-3.45 EPS.

BorgWarner (NYSE:BWA) opened at 41.63 on Monday. BorgWarner has a 12 month low of $27.52 and a 12 month high of $41.98. The firm has a market capitalization of $8.85 billion, a P/E ratio of 75.69 and a beta of 1.64. The stock’s 50 day moving average price is $40.35 and its 200-day moving average price is $36.58.

Earnings History for BorgWarner (NYSE:BWA)

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date is Monday, February 27th. BorgWarner’s payout ratio is presently 109.81%.

BWA has been the topic of a number of analyst reports. Barclays PLC upped their target price on BorgWarner from $36.00 to $39.00 and gave the company an “equal weight” rating in a research note on Friday. Northcoast Research cut BorgWarner from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 13th. Berenberg Bank initiated coverage on BorgWarner in a research note on Tuesday, November 22nd. They set a “sell” rating and a $28.00 target price on the stock. Morgan Stanley cut their target price on BorgWarner from $36.00 to $34.00 and set an “underweight” rating on the stock in a research note on Thursday, January 26th. Finally, Wells Fargo & Company lowered BorgWarner from an “outperform” rating to a “market perform” rating and set a $42.00 price target for the company. in a report on Monday, December 19th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $38.73.

A number of hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp boosted its stake in BorgWarner by 5.9% in the fourth quarter. Van ECK Associates Corp now owns 2,531 shares of the company’s stock valued at $100,000 after buying an additional 142 shares during the period. TLP Group LLC boosted its stake in BorgWarner by 86.7% in the third quarter. TLP Group LLC now owns 3,660 shares of the company’s stock valued at $129,000 after buying an additional 1,700 shares during the period. SRB Corp boosted its stake in BorgWarner by 7.2% in the third quarter. SRB Corp now owns 4,587 shares of the company’s stock valued at $161,000 after buying an additional 309 shares during the period. First Bank & Trust acquired a new stake in BorgWarner during the fourth quarter valued at $162,000. Finally, Virtus Investment Advisers Inc. acquired a new stake in BorgWarner during the third quarter valued at $182,000. Hedge funds and other institutional investors own 92.16% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by sleekmoney and is owned by of sleekmoney. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of international trademark & copyright law. The original version of this piece can be accessed at

BorgWarner Company Profile

BorgWarner Inc is a supplier of engineered automotive systems and components for powertrain applications. The Company operates through two segments: Engine and Drivetrain. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Drivetrain segment’s products include transmission components and systems, all-wheel drive (AWD) torque transfer systems and rotating electrical devices.

5 Day Chart for NYSE:BWA

This story was originally published by sleekmoney ( and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at

Receive News & Ratings for BorgWarner Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BorgWarner Inc. and related companies with's FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *