There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for BorgWarner Inc. (BWA) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $42.66. The BorgWarner Inc. has recorded 26,199 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that BorgWarner to Invest $500 Million in Wolfspeed, Securing up to $650 Million in Annual Capacity for Silicon Carbide Devices.
As a NYSE listed company, BWA falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $42.66 and fluctuated between $43.12 as its day high and $42.18 as its day low. The current market capitalization of BorgWarner Inc. is $10.10B. A total of 1.74 million shares were traded on the day, compared to an average of 2.03M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, BWA has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,336 shares. Over the last 12 months, there were 29 BUYs and 30 SELLs from insiders. Insiders purchased 423,589 shares during that period but sold 110,998.
In the most recent transaction, CALAWAY TONIT M sold 17,543 shares of BWA for 40.27 per share on Jun 01. After the transaction, the EVP, CAO, Gen Counsel & Sec now owns 40,380 company shares. In a previous transaction on May 17, CALAWAY TONIT M sold 4,000 shares at 38.75 per share. BWA shares that EVP, CAO, Gen Counsel & Sec owns now total 57,923.
Among the insiders who sold shares, Pryor Felecia J. disposed of 6,590 shares on Mar 09 at a per-share price of $38.01. This resulted in the EVP & CHRO holding 34,880 shares of BWA after the transaction.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. BorgWarner Inc. pays an annual dividend of $0.68, resulting in a dividend yield of 1.59%, and it has a price to earnings (P/E) ratio of 12.40. BWA’s most recent ex-dividend date was 11/30/2022 when it declared a $0.17 quarterly dividend that was paid in cash on 12/15/2022. Previously, the company paid the dividend on 9/15/2022 with an ex-dividend date of 8/31/2022. The BWA stock dividend was $0.17 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for BWA in the last 3 months, the mean price target is $46.94 with high estimates of $78.00 and low estimates of $36.10. In terms of 52-week highs and lows, BWA has a high of $50.09 and a low of $31.14.
As of this writing, BWA has an earnings estimate of $1.11 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $1.33 per share and a lower estimate of $0.99. The company reported an EPS of $1.05 in the last quarter, which was 23.50% higher than expectations of $0.85.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 20 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BWA is Sell with a score of 4.17. A total of 8 analysts rated the stock as Buy while 2 rated it as Overweight while 10 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.