BorgWarner (BWA) sees a diversity of analyst perspectives, with Barclays notably lowering its price target to $43 from $47. Despite this, the automotive supplier's stock outperformed the market on certain days. Recent management changes were announced with a CEO Succession Plan. BorgWarner has been highlighted as a risk and value for long-term investment, and some investors have increased their position in the company. The Goldman Sachs Group offered a new lower price target of $31.00. BorgWarner declared a regular $0.11 per share dividend. Earnings expectations hint at a decline for Q3. Some industry experts deem BorgWarner a strong current auto stock purchase. The company announced strong Q3 2024 results and released a sustainability report for the same year. BorgWarner's long-term performance, despite evidencing earnings growth, has not turned profitable for investors. The company has been active with senior notes offering and redemptions. Company insiders have sold notable amounts of stock. BorgWarner has also delved into sustainable ventures, collaborating with Fermata Energy, Lion Electric, and Bus Operator American Transportation on a Vehicle-to-Grid project funded by a $3 million grant from the California Energy Commission. They have also established a strategic relationship with FinDreams Battery for LFP Battery Packs. Award placements include two PR Daily Social Media & Digital Awards, and BorgWarner's appearance on the Forbes List of America's Best-In-State Employers 2024 for the third consecutive time.
Borgwarner BWA News Analytics from Tue, 14 Feb 2023 08:00:00 GMT to Fri, 24 Jan 2025 08:57:13 GMT -
Rating -2
- Innovation 1
- Information 7
- Rumor -6
