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 broken, with the stock’s consolidated last price falling by -$0.21, or -0.51%, to $40.69. The BorgWarner Inc. has recorded 130,255 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed BorgWarner Announces Reference Yields of its Cash Tender Offers for its Senior Notes.
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 $40.90 and fluctuated between $41.05 as its day high and $40.28 as its day low. The current market capitalization of BorgWarner Inc. is $9.45B. A total of 2.23 million shares were traded on the day, compared to an average of 2.33M 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 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 28 BUYs and 45 SELLs from insiders. Insiders purchased 493,987 shares during that period but sold 451,983.
In the most recent transaction, Demmerle Stefan sold 5,000 shares of BWA for 47.61 per share on Jun 14. After the transaction, the Vice President now owns 177,614 company shares. In a previous transaction on May 30, Fadool Joseph F. sold 210 shares at 46.70 per share. BWA shares that Vice President owns now total 0.
Among the insiders who sold shares, Fadool Joseph F. disposed of 631 shares on May 26 at a per-share price of $47.16. This resulted in the Vice President holding 210 shares of BWA after the transaction. In another insider transaction, MICHAS ALEXIS P sold 7,173 shares at $44.45 per share on May 17. Company shares held by the Director now total 76,441.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. BorgWarner Inc. pays an annual dividend of $0.44, resulting in a dividend yield of 1.08%, and it has a price to earnings (P/E) ratio of 10.12. BWA’s most recent ex-dividend date was 8/31/2023 when it declared a $0.11 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/31/2023. 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 $51.89 with high estimates of $67.00 and low estimates of $44.00. In terms of 52-week highs and lows, BWA has a high of $47.05 and a low of $27.39.
As of this writing, BWA has an earnings estimate of $0.91 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $1.06 per share and a lower estimate of $0.81. The company reported an EPS of $1.09 in the last quarter, which was -1.80% lower than expectations of $1.11.
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. BWA’s latest balance sheet shows that the firm has $1.84B in Cash & Short Term Investments as of fiscal 2021. There were $4.33B in debt and $3.80B in liabilities at the time. Its Book Value Per Share was $32.35, while its Total Shareholder’s Equity was $7.26B.
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, 0 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 Buy with a score of 4.50.