BorgWarner Inc. (BWA)

NYSE: BWA · IEX Real-Time Price · USD
32.73
+0.62 (1.92%)
Apr 19, 2024, 12:45 PM EDT - Market open
1.92%
Market Cap 7.54B
Revenue (ttm) 14.20B
Net Income (ttm) 625.00M
Shares Out 230.96M
EPS (ttm) 2.67
PE Ratio 12.23
Forward PE 8.27
Dividend $0.44 (1.35%)
Ex-Dividend Date Feb 29, 2024
Volume 674,001
Open 31.98
Previous Close 32.11
Day's Range 31.98 - 32.80
52-Week Range 29.51 - 47.05
Beta 1.29
Analysts Buy
Price Target 44.48 (+36.19%)
Earnings Date May 2, 2024

About BWA

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging. The company provides power electronics, control modules, software, friction, and mechanical products for automatic transmissions and torque-management products. It sells i... [Read more]

Industry Auto Parts
IPO Date Aug 12, 1993
Employees 39,900
Stock Exchange NYSE
Ticker Symbol BWA
Full Company Profile

Financial Performance

In 2023, BorgWarner's revenue was $14.20 billion, an increase of 12.37% compared to the previous year's $12.64 billion. Earnings were $625.00 million, a decrease of -33.79%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for BWA stock is "Buy." The 12-month stock price forecast is $44.48, which is an increase of 36.19% from the latest price.

Price Target
$44.48
(36.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BorgWarner Awarded on Newsweek's Most Trustworthy Companies in America 2024 List

AUBURN HILLS, Mich. , March 28, 2024 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has been awarded on Newsweek's list of Most Trustw...

22 days ago - PRNewsWire

Webcast Alert: BorgWarner 2024 First Quarter Results Conference Call

AUBURN HILLS, Mich. , March 21, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What:  BorgWarner 2024 First Quarter Results Conference Call When: May 2, 2024 @ 9:30a...

4 weeks ago - PRNewsWire

California Energy Commission Awards a $3 Million Grant to BorgWarner, Fermata Energy and Lion Electric for Innovative Vehicle-to-Grid Project with Bus Operator American Transportation to Service Student Transportation for California School Districts

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--The California Energy Commission (CEC) has awarded BorgWarner Inc. (NYSE: BWA) and project partners Fermata Energy and The Lion Electric Company (NYSE: LEV) (TSX...

Other symbols: LEV
4 weeks ago - Business Wire

BorgWarner Partners with Manufacture 2030 to Reduce Supply Chain Emissions

Partnership will support BorgWarner in reaching Scope 3 emissions reduction goal Suppliers will be encouraged to use tool to track energy usage AUBURN HILLS, Mich. , March 6, 2024 /PRNewswire/ -- Borg...

6 weeks ago - PRNewsWire

BorgWarner Announces Appointment of Chief Accounting Officer

AUBURN HILLS, Mich. , March 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that Amy Kulikowski has been appointed Vice President and Chief Accounting Officer.

7 weeks ago - PRNewsWire

BorgWarner Recommends Stockholders Reject the Below Market Mini-Tender Offer by TRC Capital Investment Corporation

AUBURN HILLS, Mich. , Feb. 22, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investmen...

2 months ago - PRNewsWire

BorgWarner Awarded on the Forbes America's Best Employers 2024 List

AUBURN HILLS, Mich. , Feb. 14, 2024 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of America's Best Employers 2024.

2 months ago - PRNewsWire

BorgWarner Secures Contract Extending High Voltage Coolant Heater Business with Global OEM

High voltage coolant heaters (HVCH) will be incorporated on electric SUVs and passenger trucks Technology regulates battery pack temperature and cabin heating in EVs To be manufactured at BorgWarner's...

2 months ago - PRNewsWire

BorgWarner Secures Boosted Dual Inverter Business with Chinese OEM

Dual inverters with boost to be featured on automaker's PHEVs and REEVs Technology offers high integration, dynamic performance and flexibility AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- BorgW...

2 months ago - PRNewsWire

BorgWarner Strengthens eMotor Business with XPeng

Production began January 2024 for use on XPeng's X9 MPV Stator winding technology delivers industry-leading power density and efficiency Oil cooling improves motor heat dissipation AUBURN HILLS, Mich....

Other symbols: XPEV
2 months ago - PRNewsWire

BORGWARNER DECLARES QUARTERLY DIVIDEND

AUBURN HILLS, Mich. , Feb. 8, 2024 /PRNewswire/ -- On February 7, 2024, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock.

2 months ago - PRNewsWire

BorgWarner Signs International Strategic Relationship Agreement with FinDreams Battery for LFP Battery Packs

BorgWarner to be the preferred manufacturer of LFP battery packs for commercial vehicle markets (class 3 and above) in Europe, the Americas, and parts of Asia Pacific  AUBURN HILLS, Mich. , Feb. 8, 20...

2 months ago - PRNewsWire

BorgWarner Reports Full Year 2023 Results, Expects 2024 eProduct Sales to Grow Approximately 25% to 40%

AUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full-year results.

2 months ago - PRNewsWire

Fermata Energy Announces Groundbreaking Integration with BorgWarner Bidirectional Chargers to Enhance V2X Charging Capabilities for EV Fleets

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Fermata Energy announces the integration of its Vehicle-to-Everything (V2X) services platform with BorgWarner Inc.'s bidirectional EV chargers.

2 months ago - Business Wire

BorgWarner Named to Fortune's 2024 World's Most Admired Companies List

Marks second consecutive year BorgWarner has been included on the list BorgWarner is one of fifteen automotive parts suppliers named Talent attraction and retention, social responsibility and investme...

2 months ago - PRNewsWire

Webcast Alert: BorgWarner 2023 Fourth Quarter and Full-Year Results Conference Call

AUBURN HILLS, Mich. , Feb. 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What:              BorgWarner 2023 Fourth Quarter and Full Year Results Conference Call ...

2 months ago - PRNewsWire

BorgWarner Presents Josef Newgarden and Roger Penske with Coveted Baby Borg Trophies

Josef Newgarden is the latest Indianapolis 500 winner to receive the commemorative trophy Roger Penske received a Championship Team Owner's Trophy honoring Team Penske's 19th Indianapolis 500 win Awar...

3 months ago - PRNewsWire

4 Stocks With Big Rebound Potential

A Wall Street adage warns, “Don't try to catch a falling knife.”

Other symbols: OVVPTENTH
3 months ago - GuruFocus

BorgWarner pushes further into the China EV market

BorgWarner Inc. is making a further push into China's electric-vehicle market, as it announced Wednesday the forming a joint venture with commercial EV parts supplier Shaanxi Fast Auto Group.

3 months ago - Market Watch

BorgWarner Announces New Joint Venture for Business Growth in the Chinese Electric Commercial Vehicle Market

Agrees to form joint venture with Shaanxi Fast Auto Drive Group High-voltage inverter for commercial vehicles strengthens BorgWarner's product portfolio AUBURN HILLS, Mich. , Jan. 10, 2024 /PRNewswire...

3 months ago - PRNewsWire

Webcast Alert: BorgWarner 2023 Fourth Quarter and Full Year Results Conference Call

AUBURN HILLS, Mich. , Jan. 3, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What:                BorgWarner 2023 Fourth Quarter and Full Year Results Conference Cal...

3 months ago - PRNewsWire

Here's why Wells Fargo's Colin Langan is bearish on the auto sector

Colin Langan, Wells Fargo senior equity analyst, joins 'Squawk on the Street' to discuss Langan's top pick in the auto sector, why the analyst is bearish on the sector, and the demand question for the...

Other symbols: ADNTFGMRIVNSTLA
4 months ago - CNBC Television

BorgWarner Awarded on Newsweek's America's Most Responsible Companies 2024 List

Marks the fifth consecutive year BorgWarner has been included Reaffirms BorgWarner's environmental, social and corporate governance (ESG) efforts Companies scored and ranked by KPI research and public...

4 months ago - PRNewsWire

BorgWarner Participates in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Index acts as benchmark to measure policies, practices and benefits relating to LBGTQ+ employees Included for third consecutive year AUBURN HILLS, Mich. , Dec. 6, 2023 /PRNewswire/ -- BorgWarner, a gl...

4 months ago - PRNewsWire

BorgWarner Announces CFO Succession Plan

Kevin Nowlan, Executive Vice President and CFO, to Retire Craig Aaron Promoted to Executive Vice President and CFO, Effective March 1, 2024 AUBURN HILLS, Mich. , Dec. 5, 2023 /PRNewswire/ -- BorgWarne...

4 months ago - PRNewsWire