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Added to YB: 2024-03-15

Pitch date: 2023-12-31

BWA [bullish]

BorgWarner Inc.

+28.39%

current return

Author Info

No bio for this author

Company Info

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

Market Cap

$9.6B

Pitch Price

$34.65

Price Target

N/A

Dividend

1.52%

EV/EBITDA

5.74

P/E

72.34

EV/Sales

0.82

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)