BorgWarner Inc (BWA) is gearing up for another turning point as it hit the volume of 1.96 million

On Tuesday, BorgWarner Inc (NYSE: BWA) opened lower -0.55% from the last session, before settling in for the closing price of $34.41. Price fluctuations for BWA have ranged from $29.51 to $38.22 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 8.00% over the last five years. Company’s average yearly earnings per share was noted 9.25% at the time writing. With a float of $225.92 million, this company’s outstanding shares have now reached $229.78 million.

The firm has a total of 39900 workers. Let’s measure their productivity. In terms of profitability, gross margin is 18.41%, operating margin of 8.45%, and the pretax margin is 7.36%.

BorgWarner Inc (BWA) Insider Activity

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of BorgWarner Inc is 0.81%, while institutional ownership is 98.16%. The most recent insider transaction that took place on Aug 23 ’24, was worth 664,339. In this transaction Vice President of this company sold 19,692 shares at a rate of $33.74, taking the stock ownership to the 92,272 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Officer proposed sale 19,692 for $33.74, making the entire transaction worth $664,339.

BorgWarner Inc (BWA) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.98 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.94) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.96 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.29% during the next five years compared to -9.71% drop over the previous five years of trading.

BorgWarner Inc (NYSE: BWA) Trading Performance Indicators

Check out the current performance indicators for BorgWarner Inc (BWA). In the past quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.54. Likewise, its price to free cash flow for the trailing twelve months is 11.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.11, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 4.63 in one year’s time.

Technical Analysis of BorgWarner Inc (BWA)

Analysing the last 5-days average volume posted by the [BorgWarner Inc, BWA], we can find that recorded value of 1.7 million was lower than the volume posted last year of 2.7 million. As of the previous 9 days, the stock’s Stochastic %D was 29.66%. Additionally, its Average True Range was 0.80.

During the past 100 days, BorgWarner Inc’s (BWA) raw stochastic average was set at 51.11%, which indicates a significant increase from 34.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.02% in the past 14 days, which was lower than the 30.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.01, while its 200-day Moving Average is $33.54. Now, the first resistance to watch is $34.59. This is followed by the second major resistance level at $34.95. The third major resistance level sits at $35.40. If the price goes on to break the first support level at $33.78, it is likely to go to the next support level at $33.33. Should the price break the second support level, the third support level stands at $32.97.

BorgWarner Inc (NYSE: BWA) Key Stats

There are currently 227,769K shares outstanding in the company with a market cap of 7.79 billion. Presently, the company’s annual sales total 14,198 M according to its annual income of 625,000 K. Last quarter, the company’s sales amounted to 3,603 M and its income totaled 303,000 K.