BorgWarner Inc. (BWA) has been in the spotlight following a series of noteworthy developments. The auto company hit a new 52-week low, also declaring a
quarterly dividend. It notably performed resiliently in the
Q4 2024 Earnings Call and exceeded estimates in its Q4 earnings, amidst market challenges. BWA secured a
multi-year Turbocharger deal with a leading North American Automaker, heralding an important strategic win. The Full Year 2024 earnings reported an EPS miss, but the forecasts for the next quarter by Zacks Research and the adjusted EPS of $1.01 are optimistic signs.
Wells Fargo & Company raised BWA's price target to $41.00 and several asset management firms, including Ninety One UK Ltd, increased their stakes. Amidst price target changes by Barclays and Guggenheim, BWA landed a coveted contract for next-gen transfer cases with SAIC Maxus and was the first supplier to join the
Elite Global 100 Sustainability Rankings. However, the auto giant issued mixed outlook for 2025 with earnings top estimates but profit below expectations. Also, BorgWarner announced a
CEO succession plan. Despite the stock's undervalued current status according to analysts, the company's move towards an EV future sheds an optimistic light on BWA's position.
Borgwarner BWA News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Sat, 08 Feb 2025 18:16:19 GMT -
Rating -3
- Innovation 2
- Information 8
- Rumor -4
