Alert: New Earnings Report (5/2/24)-BorgWarner Inc (NYSE: BWA).

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BorgWarner Inc (NYSE: BWA) has reported E.P.S. of $0.94 for its first fiscal quarter (ending March 31) versus $0.93 for the same period a year ago — an increase of 1%. Relative to the consensus estimate of $1.03, this was a shortfall of $-0.09. For the latest four quarters through March 31, E.P.S. were $2.72 compared to $2.78 a year ago — a decline of -2%.

Recent Price Action

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BorgWarner Inc (NYSE: BWA) stock enjoyed a very large increase of 8.4% on 5/2/24. The shares closed at $35.63. Moreover, unusually high trading volume at 168% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 5.9% during the last week.

Current PriceTarget Research Rating

BWA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

BorgWarner has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BorgWarner has a neutral Appreciation Score of 50 but a very low Power Rating of 11, with the Lowest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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