<- Go home

Added to YB: 2024-03-15

Pitch date: 2023-12-31

BWA [bullish]

BorgWarner Inc.

+53.57%

current return

Author Info

No bio for this author

Company Info

BorgWarner Inc., together with its subsidiaries, provides technology solutions for combustion, hybrid, and electric vehicles worldwide.

Market Cap

$12.2B

Pitch Price

$34.55

Price Target

N/A

Dividend

1.15%

EV/EBITDA

6.77

P/E

46.03

EV/Sales

0.99

Sector

Automobile Components

Category

turnaround

Show full summary:
Ariel Appreciation Fund Portfolio Holding: BorgWarner Inc. - $BWA

BWA: BorgWarner -12% on soft Q1, lowered 2023 guide due to EV launch delays & weak OEM sales. Still sees $10B+ EV revs by '27. Near-term, low-emission ICE & hybrid products to drive growth. Positioned to gain in EV transition despite bumps. Intrinsic value grower through evolution.

Read full article (1 min)