BorgWarner Inc. (NYSE:BWA) stock is presently standing at about $42.61 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 16 analysts covering the company is $43.00, which suggests the stock could still rise over 1 percent. The highest analyst price target is $51.00, which implies a rally of 80 percent. And a quick view of analyst notes show that 6 are rating the stock a buy while 2 rate BWA a strong buy. There are 10 equity research firms advocating a Hold and 0 consider it Sell.
Wells Fargo analysts provided their view on BorgWarner Inc. (NYSE:BWA) recently. The rating firm issued a Market Perform rating to this company in a research note released on Dec 19, 2016. Northcoast analysts disclosed their opinion on BorgWarner Inc. (NYSE:BWA) recently. The rating firm gave a Neutral rating to this stock in a research note published on Dec 13, 2016. According to a research note disclosed on Nov 09, 2016, analysts at BofA/Merrill have lowered their rating on these shares from Neutral to Underperform.
BorgWarner Inc. (NYSE:BWA) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Director MICHAS ALEXIS P sold 10,000 company shares for 426800, in a transaction on 2017-02-21. Following the transaction, the Director is left with a stake of 82,778 shares, currently valued at $3527171. Meanwhile, Vice President Ericson Brady D sold 17,132 shares worth $577180, through a transaction dated 2016-08-26. Following the completion of the transaction, the insider is left with a stake of 52,178 shares, amounting $2223304.58. BWA Vice President Ericson Brady D also sold 11,282 shares, at a stock price of $33.8. This transaction occurred on 2016-08-12 totals $381330. After this transaction, the insider’s stake stands at 69,310 shares, with a market value of $2953299.
Executives hold 1.27 percent of the stock. Mr. Timothy M. Manganello is one of the biggest insider owners in BorgWarner Inc. (NYSE:BWA), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 434,637 shares which have current market value of around $18519882.57.Verrier James is another major inside shareholder in the company. The insider owns 368,198 shares as of 0.17%, currently worth $15688916.78. Robin J. Adams is ranked as third insider holder of the stock. This insider holds 223,290 shares with a market value around $9514386.9 as of recent close.
BorgWarner Inc. (NYSE:BWA) Earnings Outlook
In BorgWarner Inc. (NYSE:BWA)’s latest quarter, EPS moved to $0.85 from $0.78 in preceding quarter and revenues reached at $2,259.00M compared to $2,214.20M. Analysts had expected BorgWarner Inc. (NYSE:BWA) to post net income of about $0.84 per share on $2,292.12M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.81 to $0.86. That is compared with the $0.80 in EPS it reported during the same period a year ago.