BWA Stock Recent News
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BorgWarner (BWA) closed at $32.71 in the latest trading session, marking a -1.21% move from the prior day.
A Wall Street adage warns, “Don't try to catch a falling knife.”
BorgWarner (BWA) agrees to form a joint venture with Shaanxi to expand its product portfolio for electric commercial vehicles.
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.
BorgWarner is a well-positioned automotive company with a wide economic moat and a focus on innovation in the EV parts and solutions market. The company has a strong financial situation, with positive returns and solid profitability despite multiple acquisitions and a difficult macro environment. BorgWarner's valuation suggests that its shares are heavily undervalued, potentially to the tune of 56%.
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 Call When: February 8, 2024 @ 9:30am Eastern Time Where: https://www.borgwarner.com/investors How: Live over the Internet -- Simply log on to the web at the address above.
Phinia Inc. recently reported lower-than-expected EPS GAAP, but the stock is undervalued and trades at close to 4x EBITDA. The company's recent spinoff from a larger corporation, BorgWarner, may be overlooked by investors. Further improvements in the commercial vehicle market and adoption of hydrogen solutions could drive significant free cash flow and net sales growth.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
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 automakers.
BWA's revenue has grown at an impressive CAGR of 9%, driven by a business model transition toward EV products. The company has acquired and developed the expertise required to be a market-leading player in the EV supply chain, deeply ingraining itself in automakers' production. The expectation is for BWA's growth to improve, driven by increased EV production and further market penetration of its products.