BorgWarner Inc (NYSE: BWA) has reported earnings for its third fiscal quarter (ending September 30) of $1.08 versus $0.37 for the same period a year ago — an increase of 192%. For the latest four quarters through September 30, E.P.S. were $4.05 versus $2.80 for the same period a year ago — an increase of 45%.
Recent Price Action
BorgWarner Inc (NYSE: BWA) stock closed at $33.63 on 10/31/24 after a slight gain of 0.2%. Moreover, trading volume in this advance was unusually high at 193% of normal. The stock has declined -1.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BWA is expected to continue to be a major Value Builder.
BorgWarner has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. BorgWarner has a neutral Appreciation Score of 54 and a neutral Power Rating of 45, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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