BorgWarner Inc., an innovative auto parts tech company, is experiencing interesting market movement, with key metrics, earnings, and future expectations catching investors' attention. Since
Q1, the market has had mixed sentiments towards BWA stocks, as it outpaces some market gains, while underperforming at other times. Investment firms have shown interest in the company with notable share acquisitions by AGF Management and Vanguard Personalized Indexing Management. The company's
dividend of $0.17 has been upheld, but short interest in BWA has experienced a significant rise of 7.9%. Their Q2
earnings beat estimates, but guidance was revised, mirroring the ups and downs of their market performance. The firm had a noteworthy miss in Q4 earnings, resulting in a downward turn for the stock, but seems to have recovered with a better than expected Q1 performance and a higher FY24 EPS guidance. BorgWarner plans to expand its e-CV portfolio in partnership with Shaanxi and forecasts a 25-40% increase in eProduct sales for 2024. Amidst all these events, Deutsche Bank downgraded BWA due to global EV slowdown concerns.
Borgwarner BWA News Analytics from Fri, 15 Sep 2023 07:00:00 GMT to Sun, 19 May 2024 01:45:34 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 1
