For its third fiscal quarter (ending September 30), BorgWarner Inc (NYSE: BWA) has reported a -68% decline in E.P.S. from $1.17 a year ago to $0.37 in the current quarter. This performance was $-0.57 short of the consensus estimate of $0.94. For the latest four quarters through September 30, E.P.S. were $3.16 compared to $3.46 a year ago — a decline of -9%.
Recent Price Action
BorgWarner Inc (NYSE: BWA) stock closed at $32.26 on 11/2/23 after a major decline of -13.1%. The stock has declined -15.4% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, BWA is expected to continue to be an important Value Builder.
BorgWarner has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. BorgWarner has a good Appreciation Score of 84 but a slightly negative Power Rating of 33, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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