The recent events surrounding BorgWarner Inc. (BWA) have been quite diverse. The company has made several organizational changes, including the appointment of Joseph Fadool as their new Chief Operating Officer and Tania Wingfield, the EVP & CHRO, selling a number of her own shares. In financial news, BorgWarner has outperformed the market on several instances, in spite of having some down days. A range of investment firms, including Koss Olinger Consulting LLC and Victory Capital Management Inc., have adjusted their investment positions on BorgWarner; some increasing their positions while others have decreased.
In earnings news, BorgWarner seems to be a strong value stock, beating analyst earnings estimates for Q1 2024 and Q2. Plus, they have reported significant growth in 2023 and are anticipating their eProduct sales to grow by 25-40% in 2024. Over the last three years, even though shareholders have witnessed a drop in share price, the underlying earnings have been growing.
Additionally, BorgWarner has won the Silver and Bronze Brandon Hall Group Excellence Awards and has secured electric cross differential contracts with three global OEMs.
Borgwarner BWA News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Mon, 09 Sep 2024 02:33:00 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor -3
