BorgWarner Inc. (NYSE:BWA) Given Price Target Of $38.8


As per BorgWarner Inc. (NYSE:BWA)’s news release on 2016-07-27, its shareholders will get cash dividend of $0.13 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-01 and 2016-09-15, respectively.

The stock will commence trading ex-dividend from 2016-08-30, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year BorgWarner Inc. (NYSE:BWA) disbursed $0.13 in dividend compared to distribution of $0.13, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 1.9608%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated BorgWarner Inc. (NYSE:BWA) to attain a price target of $38.8. It is an average estimate figure given by 10 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $48. The low price range is set at $33 for next year while the arithmetic mean is seen at 2.46.

Eyeing Earnings BorgWarner Inc. (NYSE:BWA) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.77 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, BorgWarner Inc. (NYSE:BWA) earnings came at $0.84 suggesting a deviation of $0.02. The brokerages targeted EPS of $0.82 for the quarter.

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