Wall Street analysts expect BorgWarner Inc. (NYSE:BWA) to report earnings per share (EPS) of $1.01 for the current quarter, Zacks reports. Seven analysts have issued estimates for BorgWarner’s earnings. The lowest EPS estimate is $1.00 and the highest is $1.02. BorgWarner posted earnings per share of $0.85 during the same quarter last year, which indicates a positive year-over-year growth rate of 18.8%. The business is scheduled to issue its next earnings results on Thursday, February 8th.

According to Zacks, analysts expect that BorgWarner will report full-year earnings of $3.83 per share for the current fiscal year, with EPS estimates ranging from $3.80 to $3.83. For the next financial year, analysts forecast that the company will post earnings of $4.10 per share, with EPS estimates ranging from $3.70 to $4.30. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow BorgWarner.

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BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.07. BorgWarner had a return on equity of 21.48% and a net margin of 3.09%. The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period last year, the firm earned $0.78 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year.

A number of brokerages have recently issued reports on BWA. Zacks Investment Research raised BorgWarner from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a research note on Friday, September 22nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of BorgWarner in a research note on Tuesday, September 12th. Buckingham Research raised their price objective on BorgWarner from $37.00 to $45.00 and gave the company a “neutral” rating in a research note on Thursday, October 19th. UBS Group raised their price objective on BorgWarner from $57.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Oppenheimer began coverage on BorgWarner in a research note on Thursday, December 7th. They set an “outperform” rating and a $63.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. BorgWarner currently has an average rating of “Hold” and a consensus price target of $51.69.

Shares of BorgWarner (BWA) traded up $1.56 during trading hours on Thursday, hitting $55.29. The stock had a trading volume of 2,170,400 shares, compared to its average volume of 1,180,389. BorgWarner has a 52-week low of $37.54 and a 52-week high of $55.86. The company has a market capitalization of $11,657.29, a PE ratio of 15.07, a P/E/G ratio of 1.57 and a beta of 1.77. The company has a quick ratio of 1.10, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This is a boost from BorgWarner’s previous quarterly dividend of $0.14. This represents a $0.68 annualized dividend and a dividend yield of 1.23%. BorgWarner’s dividend payout ratio (DPR) is presently 49.28%.

In related news, EVP John J. Gasparovic sold 38,409 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $52.60, for a total value of $2,020,313.40. Following the sale, the executive vice president now directly owns 63,937 shares of the company’s stock, valued at $3,363,086.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Joel Wiegert sold 1,400 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $52.35, for a total value of $73,290.00. Following the completion of the sale, the vice president now directly owns 16,197 shares in the company, valued at $847,912.95. The disclosure for this sale can be found here. 0.66% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. boosted its position in BorgWarner by 8.3% during the 2nd quarter. Pacer Advisors Inc. now owns 4,433 shares of the auto parts company’s stock valued at $188,000 after acquiring an additional 341 shares in the last quarter. Zeke Capital Advisors LLC bought a new stake in BorgWarner during the 3rd quarter valued at approximately $201,000. Dorsey & Whitney Trust CO LLC bought a new stake in BorgWarner during the 3rd quarter valued at approximately $202,000. Rothschild Investment Corp IL bought a new stake in BorgWarner during the 3rd quarter valued at approximately $205,000. Finally, Reliance Trust Co. of Delaware bought a new stake in BorgWarner during the 3rd quarter valued at approximately $213,000. 95.15% of the stock is currently owned by institutional investors.

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About BorgWarner

BorgWarner Inc is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The Company’s segments include Engine and Drivetrain. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Engine segment develops and manufactures products for gasoline and diesel engines, and alternative powertrains.

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Earnings History and Estimates for BorgWarner (NYSE:BWA)

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