에 대한 최신 뉴스 BorgWarner (NYSE:BWA) 주식

BorgWarner

BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.

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BorgWarner Inc

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Better World Acquisition Corp Warrants (27/10/2025)

Bawag Group AG

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BLUE WORLD ACQUISITION CORP USD RTS

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Blue World Acquisition Corp Warrants (10/01/2029)

Betawave Corp

BrainsWay Ltd. - American Depositary Shares

BrainsWay Ltd

Deutsche Bank analyst Edison Yu maintains BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) with a Hold and raises the price target from $38 to $39.

Price Target

Analyst Ratings

Deutsche Bank Maintains Hold on BorgWarner, Raises Price Target to $39

General

BorgWarner shares are trading higher after the company reported better-than-expected Q3 financial results.

<ul>
<li>Company to supply two types of two-speed transfer cases: Electro-Mechanical On-Demand (EMOD) and Electric Shift-on-the-Fly (ESOF)</li>
<li>Builds on over 40 years of BorgWarner transfer case supply for the OEM's passenger truck platform</li>
<li>High-performance solutions deliver quick response, improved torque performance</li>
</ul>
AUBURN HILLS, Mich., Oct. 31, 2024 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, is furthering its business with a major North American OEM by securing extensions on two transfer case contracts for upcoming vehicle launches with new platform requirements. BorgWarner will supply two types of transfer cases, including its active Electro-Mechanical On-Demand 2-Speed (EMOD) and a part-time Electric Shift-on-the-Fly 2-Speed (ESOF) transfer case. Two of the OEM's combustion and hybrid passenger truck platforms will be equipped with the EMOD and ESOF, while an additional passenger truck will receive the ESOF. Start of production for two of the platforms are slated for 2027, with the third expected to begin in 2028. &nbsp;&nbsp;

Contracts

BorgWarner Extends Transfer Case Business With North American OEM, Securing Extensions On Two Transfer Case Contracts For Upcoming Vehicle Launches With New Platform Requirements

<ul>
<li>BorgWarner's HVCH selected by a Chinese OEM for a battery electric SUV, start of production set for Q2 2025</li>
<li>Korean electric vehicle manufacturer chose BorgWarner's heater for their new electric pick-up model, with production starting in Q1 2025</li>
<li>BorgWarner wins its first HVCH business award with a Japanese OEM, marking a key milestone in the company's expansion into Japan's growing electric vehicle market</li>
</ul>
AUBURN HILLS, Mich., Oct. 31, 2024 /PRNewswire/ --&nbsp;BorgWarner has secured three significant business wins for its High Voltage Coolant Heater (HVCH) technology, expanding its reach in the Chinese, Korean and Japanese electric vehicle markets.

Global

BorgWarner Secures New High Voltage Coolant Heater Programs In China, Korea And Japan; BorgWarner's HVCH Selected By A Chinese Oem For A Battery Electric SUV, Start Of Production Set For Q2 2025

Guidance

BorgWarner Sees FY24 Revenue $14B-$14.2B Vs $14.26B Est.

BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) reported quarterly earnings of $1.09 per share which beat the analyst consensus estimate of $0.92 by 18.48 percent. The company reported quarterly sales of $3.595 billion which beat the analyst consensus estimate of $3.508 billion by 2.48 percent. This is a 0.75 percent decrease over sales of $3.622 billion the same period last year.

Earnings

Earnings Beats

BorgWarner Q3 2024 Adj. EPS $1.09 Beats $0.92 Estimate, Sales $3.595B Beat $3.508B Estimate

Across the recent three months, 8 analysts have shared their insights on BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $43.0, a high estimate of $51.00, and a low estimate of $36.00. This current average represents a 1.31% decrease from the previous average price target of $43.57. 
<img src="https://www.benzinga.com/files/images/story/2024/1729533658_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of BorgWarner by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Chris McNally</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$43.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$36.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Edison Yu</td>
<td>Deutsche Bank</td>
<td>Announces</td>
<td>Hold</td>
<td>$36.00</td>
<td>-</td>
</tr>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$51.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Dan Levy</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$42.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>David Leiker</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$39.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to BorgWarner. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of BorgWarner compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for BorgWarner's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Capture valuable insights into BorgWarner's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BWA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on BorgWarner analyst ratings.</a>
<h2>Discovering BorgWarner: A Closer Look</h2>
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.
<h3>Financial Milestones: BorgWarner's Journey</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Negative Revenue Trend: Examining BorgWarner's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -1.85% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: BorgWarner's net margin is impressive, surpassing industry averages. With a net margin of 8.41%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.08%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.15%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.64, BorgWarner adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Ratings For BorgWarner

JP Morgan analyst Ryan Brinkman maintains BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) with a Overweight and lowers the price target from $51 to $50.

JP Morgan Maintains Overweight on BorgWarner, Lowers Price Target to $50

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/63c6ba8b5750940001b7cb04/jake-roberge">William Blair analyst Jake Roberge</a> upgraded the rating for Elastic N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) from Market Perform to Outperform. Elastic shares gained 1.2% to close at $83.00 on Friday. <a href="https://www.benzinga.com/quote/ESTC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler analyst Rob Owens upgraded SentinelOne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) from Neutral to Overweight and raises the price target from $25 to $32. SentinelOne shares fell 0.5% to close at $25.71 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Daniel Rizzo upgraded AptarGroup, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATR#NYSE">ATR</a>) from Hold to Buy and raised the price target from $155 to $215. AptarGroup shares gained 1.5% to close at $161.55 on Friday. <a href="https://www.benzinga.com/quote/ATR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst Chris McNally upgraded the rating for BorgWarner Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) from In-Line to Outperform and boosted the price target from $39 to $43. BorgWarner shares gained 0.5% to close at $35.05 on Friday. <a href="https://www.benzinga.com/quote/BWA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Peter Abramowitz upgraded Easterly Government Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEA#NYSE">DEA</a>) from Hold to Buy and raised the price target from $13 to $15. Easterly Government Properties shares gained 0.8% to close at $13.27 on Friday. <a href="https://www.benzinga.com/quote/DEA/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying ESTC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14090802/image-98-1024x500.png" alt="" class="wp-image-593848" style="width:541px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14090802/image-98-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14090802/image-98-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14090802/image-98-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/14090802/image-98.png 1361w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Upgrades

Pre-Market Outlook

ESTC

This Elastic Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Evercore ISI Group analyst Chris McNally upgrades BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) from In-Line to Outperform and raises the price target from $39 to $43.

Evercore ISI Group Upgrades BorgWarner to Outperform, Raises Price Target to $43

Across the recent three months, 11 analysts have shared their insights on BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $42.0, with a high estimate of $51.00 and a low estimate of $36.00. Observing a downward trend, the current average is 4.33% lower than the prior average price target of $43.90. 
<img src="https://www.benzinga.com/files/images/story/2024/1727812809_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive BorgWarner is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kash Rangan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$36.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Edison Yu</td>
<td>Deutsche Bank</td>
<td>Announces</td>
<td>Hold</td>
<td>$36.00</td>
<td>-</td>
</tr>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$51.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Dan Levy</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$42.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>David Leiker</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$39.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>John Murphy</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$45.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Itay Michaeli</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$36.00</td>
<td>$41.00</td>
</tr>
<tr>
<td>David Leiker</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$38.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$42.00</td>
<td>$41.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to BorgWarner. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of BorgWarner compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
To gain a panoramic view of BorgWarner's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/BWA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on BorgWarner analyst ratings.</a>
<h2>Discovering BorgWarner: A Closer Look</h2>
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.
<h3>Key Indicators: BorgWarner's Financial Health</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Challenges: BorgWarner's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -1.85%. This indicates a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: BorgWarner's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.41% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): BorgWarner's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.08% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): BorgWarner's ROA excels beyond industry benchmarks, reaching 2.15%. This signifies efficient management of assets and strong financial health.
Debt Management: BorgWarner's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.64.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Decoding 11 Analyst Evaluations For BorgWarner

Goldman Sachs analyst Kash Rangan maintains BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) with a Neutral and lowers the price target from $38 to $36.

Goldman Sachs Maintains Neutral on BorgWarner, Lowers Price Target to $36

Borgwarner Teamsters Reach Agreement, Ending Strike

<ul>
<li>Turbochargers to boost General Motors' Chevrolet Corvette ZR1 featuring 5.5-liter flat plane crankshaft V8 engine</li>
<li>Turbochargers utilize patented decoupled ball bearing system, enabling faster response time, higher durability, and limited noise
<ul>
<li>Long-standing reputation with NTT INDYCAR SERIES played role in selection</li>
</ul>
</li>
</ul>

BorgWarner Launches Passenger Car Twin Turbochargers To Power General Motors' Corvette

Deutsche Bank analyst Edison Yu reinstates BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) with a Hold and announces $36 price target.

Initiation

Deutsche Bank Reinstates Hold on BorgWarner, Announces $36 Price Target

10 analysts have shared their evaluations of BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $43.4, along with a high estimate of $51.00 and a low estimate of $36.00. Highlighting a 2.69% decrease, the current average has fallen from the previous average price target of $44.60. 
<img src="https://www.benzinga.com/files/images/story/2024/1725570031_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of BorgWarner by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$51.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Dan Levy</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$47.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$42.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>David Leiker</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$39.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>John Murphy</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$45.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Itay Michaeli</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$36.00</td>
<td>$41.00</td>
</tr>
<tr>
<td>David Leiker</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$38.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$42.00</td>
<td>$41.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$44.00</td>
<td>$45.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to BorgWarner. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of BorgWarner compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of BorgWarner's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of BorgWarner's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/BWA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on BorgWarner analyst ratings.</a>
<h2>All You Need to Know About BorgWarner</h2>
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.
<h3>Understanding the Numbers: BorgWarner's Finances</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Negative Revenue Trend: Examining BorgWarner's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -1.85% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.41%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): BorgWarner's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.08%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): BorgWarner's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.15% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: BorgWarner's debt-to-equity ratio is below the industry average. With a ratio of 0.64, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing BorgWarner: Insights From 10 Financial Analysts

Wolfe Research analyst Emmanuel Rosner assumes BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) with a Peer Perform rating.

Wolfe Research Assumes BorgWarner at Peer Perform

It was reported on August 26, that Volker Weng, Vice President at BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Weng's recent move involves selling 19,692 shares of BorgWarner. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000908255/000122520824008211//Archives/edgar/data/908255/000122520824008211/0001225208-24-008211-index.htm">U.S. Securities and Exchange Commission</a> on Monday. The total value is $664,339.
BorgWarner shares are trading up 0.06% at $33.83 at the time of this writing on Tuesday morning.
<h3>About BorgWarner</h3>
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.
<h3>BorgWarner: A Financial Overview</h3>
Revenue Challenges: BorgWarner's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -1.85%. This indicates a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 19.01%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 1.34, BorgWarner showcases strong earnings per share.
</li>
</ul>
Debt Management: BorgWarner's debt-to-equity ratio is below the industry average at 0.64, reflecting a lower dependency on debt financing and a more conservative financial approach.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 10.15 is lower than the industry average, implying a discounted valuation for BorgWarner's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 0.55 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 5.94 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Exploring Key Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000908255">Check Out The Full List Of BorgWarner's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Volker Weng Takes Money Off The Table, Sells $664K In BorgWarner Stock

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer recommended buying Mueller Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLI#NYSE">MLI</a>). &#8220;It is a fantastic company, never <a href="https://www.benzinga.com/markets/equities/24/04/38359360/wired-for-success-mueller-industries-acquires-illinois-based-nehring-electrical-works">gets it's due,&#8221; he added.</a>
Cramer said he likes GoDaddy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDDY#NYSE">GDDY</a>).
When asked about BorgWarner Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>), he said, &#8220;Look, auto business is bad, ok. They need a Fed rate cut and then it will go up, but not until then, I am sorry.&#8221;
The &#8220;Mad Money&#8221; host recommended buying Lockheed Martin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>). &#8220;I think you got a winner there,&#8221; he added.
Cramer said Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) is a buy. &#8220;Down here, it is too low,&#8221; he added.
Something is &#8220;wrong here&#8221; with Qualys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLYS#NASDAQ">QLYS</a>), he said.
&#8220;I don't really know what they own. It's one of those middle market plays that I get asked a lot about,&#8221; Cramer said about Golub Capital BDC, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBDC#NASDAQ">GBDC</a>). &#8220;I've told people to avoid them for as long as this show's been on, and I've been very right, so I'm not going to deviate.&#8221;
Jim Cramer said he is a buyer of H&amp;E Equipment Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEES#NASDAQ">HEES</a>).
Price Action:
<ul>
<li>Mueller Industries shares gained 1.1% to settle at $67.72 on Tuesday.</li>
<li>GoDaddy shares rose 1% to close at $159.99.</li>
<li>Borgwarner shares gained 2.2% to settle at $31.87 on Tuesday.</li>
<li>Lockheed Martin shares rose 0.5% to close at $559.42.</li>
<li>Dell shares gained 4.9% to close at $99.94 on Tuesday.</li>
<li>Qualys shares gained 2.3% to settle at $125.00 on Tuesday.</li>
<li>H&amp;E Equipment shares rose 1.3% to close at $44.85 on Tuesday.</li>
<li>Golub Capital shares gained 0.6% to close at $14.45.</li>
</ul>
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Jim Cramer: 'Avoid Middle Market Plays' Like Golub Capital, Buy Mueller Industries — 'It Is Fantastic'

Tonit M Calaway, EVP at BorgWarner (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>), reported an insider sell on August 6, according to a new SEC filing. 
What Happened: Calaway's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000908255/000122520824007887//Archives/edgar/data/908255/000122520824007887/0001225208-24-007887-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday unveiled the sale of 10,868 shares of BorgWarner. The total transaction value is $344,951.
At Wednesday morning, BorgWarner shares are up by 1.65%, trading at $32.38.
<h3>Get to Know BorgWarner Better</h3>
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.
<h3>BorgWarner: Delving into Financials</h3>
Decline in Revenue: Over the 3 months period, BorgWarner faced challenges, resulting in a decline of approximately -1.85% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 19.01%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): BorgWarner's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 1.34.
</li>
</ul>
Debt Management: BorgWarner's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.64.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 9.57 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.51, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 5.68, BorgWarner could be considered undervalued.
</li>
</ul>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
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<h3>The Relevance of Insider Transactions</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000908255">Check Out The Full List Of BorgWarner's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Tonit M Calaway Offloads $344K Worth Of BorgWarner Stock

In a report released today, Dan Levy from Barclays maintained a Buy rating on BorgWarner (BWA – Research Report), with a price target of $47.00. Th...

Barclays Sticks to Its Buy Rating for BorgWarner (BWA)

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BorgWarner Q3 2024 Earnings Preview

Here's the major earnings before the open tomorrow

BorgWarner Non-GAAP EPS of $1.09 beats by $0.16, revenue of $3.45B misses by $80M

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BorgWarner Inc. 2024 Q3 - Results - Earnings Call Presentation

BorgWarner Inc. (BWA) Q3 2024 Earnings Call Transcript

BorgWarner (BWA – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Jeff Osborne fr...

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Press Releases

BorgWarner Awarded on the Forbes List of America's Best-In-State Employers 2024 for Third Consecutive Year

BorgWarner Wins Silver and Bronze Brandon Hall Group Excellence Awards

Webcast Alert: BorgWarner 2024 Third Quarter Results Conference Call

BorgWarner Launches Largest Passenger Car Twin Turbochargers to Power General Motors' Corvette

Offerings

BorgWarner Announces Full Redemption of its 5.000% Senior Notes Due 2025

BorgWarner Awarded on Forbes World's Top Companies for Women 2024 List

BorgWarner Reports Third Quarter 2024 Results; Increases Full-Year Adjusted Operating Margin and EPS Guidance; Completes $400 Million Share Repurchase Plan

BorgWarner Extends Transfer Case Business with North American OEM

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BorgWarner Secures New High Voltage Coolant Heater Programs in China, Korea and Japan

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Standard Motor Products

Gentherm

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Borg Warner

인플레이션 압력 완화에 따른 <a href="https://www.benzinga.com/economics/macro-economic-events/24/06/39546658/federal-reserve-to-follow-european-banks-footsteps-likely-to-cut-rates-in-septemb" target="_blank" rel="noopener" data-google-interstitial="false">연방준비제도(연준)의 금리 인하 기대감</a>, 기업 실적 호조, 인공지능(AI) 기술 잠재력에 대한 낙관론 덕분에 올해 주식시장은 견고한 상승세를 보였다.
이익의 발전: 광범위한 시장 성과를 측정하는 S&amp;P 500 지수는 올해 현재까지 14.48%의 견고한 상승세를 보였으며, 2분기에는 3.92% 상승했다. 이 지수는 6월 18일에 사상 최고치인 5,487.03을 기록했고, 6월 20일 장중 5,500을 돌파했다. 그 이후로 이 더 넓은 범위의 지수는 보합 움직임을 보이고 있다.
<a href="https://benzinga.com">벤징가 프로</a>의 데이터에 따르면 S&amp;P 500 지수 성과를 추적하는 상장지수펀드인 SPDR S&amp;P 500 ETF Trust(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)는 금요일 세션을 0.39% 하락한 544.22달러로 마감했다.
애널리스트들은 하반기에도 추가 상승이 있을 것으로 낙관하고 있다. S&amp;P 500의 기록적인 상승 이후 대부분의 기업은 연말 목표치를 상향 조정했다. 에버코어ISI(Evercore ISI)는 이제 이 지수가 6,000으로 연말을 마감할 것으로 예측하면서 가장 높은 추정치를 가지고 있다.
소수 기업 편중이 불안요소? 주식 시장의 장기 상승에도 불구하고 투자자들과 분석가들 모두 특정 소수 주식에 이익이 집중되는 것에 대해 우려하고 있다. 이는 시가총액 가중 S&amp;P 500 지수에 비해 지수 구성요소에 균일한 가중치가 적용되는 S&amp;P EQUAL WEIGHT 지수의 상대적 저조한 성과에서 분명하다.

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-412596" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/30131559/image-65-1024x459.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/30131559/image-65-1024x459.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/30131559/image-65-300x135.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/30131559/image-65-768x345.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/30131559/image-65-1536x689.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/30131559/image-65.png 1665w" alt="" width="1024" height="459" /></figure>
출처: 야후 파이낸스(Yahoo Finance)
찰스 슈왑(Charles Schwab)은 최근 보고서에서 S&amp;P 500의 전체 시가총액 대비 상위 10개 주식의 비율이 38%로 급등했다고 <a href="https://www.schwab.com/learn/story/hard-to-concentrate-top-heavy-market" target="_blank" rel="noopener">밝혔다</a>. 아크 인베스트(Ark Invest)의 캐시 우드는 최근 웹 세미나에서 시장 집중도가 1932년 대공황 당시의 수준을 뛰어넘는 극단적인 수준에 도달했다고 밝혔다.
관련 자료: <a href="https://www.benzinga.com/money/best-value-stocks">최고의 가치주</a>
올해 상반기 S&amp;P 500 지수 상위 주식(리더)과 하위 주식(레거드)을 살펴보자.
<figure class="wp-block-table is-style-stripes">
<table>
<tbody>
<tr>
<td class="has-text-align-right" data-align="right">리더</td>
<td></td>
<td></td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">1.</td>
<td>슈퍼 마이크로 컴퓨터(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</td>
<td>+188.2%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">2.</td>
<td>엔비디아 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>+149.5%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">3.</td>
<td>비스트라 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>+123.2%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">4.</td>
<td>콘스텔레이션 에너지 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NYSE">CEG</a>)</td>
<td>+71.3%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">5.</td>
<td>제너럴 일렉트릭 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>)</td>
<td>+56.2%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">래거드</td>
<td></td>
<td></td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">1.</td>
<td>월그린스 부츠 얼라이언스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NYSE">WBA</a>)</td>
<td>-53.7%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">2.</td>
<td>룰루레몬 애틀라티카 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>)</td>
<td>-41.6%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">3.</td>
<td>인텔 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>-38.4%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">4.</td>
<td>EPAM 시스템즈 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPAM#NYSE">EPAM</a>)</td>
<td>-36.7%</td>
</tr>
<tr>
<td class="has-text-align-right" data-align="right">5.</td>
<td>워너 브라더스 디스커버리 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>)</td>
<td>-34.46%</td>
</tr>
</tbody>
</table>
</figure>
엔비디아와 텍사스에 본사를 둔 유틸리티 회사인 비스트라도 2분기 상승세 상위 5개 기업에 포함되었다. 목록에 포함된 기타 업체로는 퍼스트 솔라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), GE에서 분할된 유틸리티 회사인 GE 베르노바(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), 반도체 테스트 회사인 테라다인(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>)이 있다.
2분기 하락세에는 전년 대비 부진한 월그린스 부츠 얼라이언스, 인텔 및 EPAM 시스템즈가 포함된다. 실적이 저조한 상위 5개 기업은 에스티 로더(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EL#NASDAQ">EL</a>)와 건축 제품 및 장비 제조업체인 빌더스 퍼스트소스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>)가 포함됐다.
상위 5개 상승 종목은 대부분 기술 및 유틸리티 업종에 속했고, 부진한 종목은 대부분 소비재 업종에 속했다.
전망 (Look Ahead): 모건 스탠리의 애널리스트들은 회사의 상반기 전망에서 2024년 하반기 전망이 대체로 긍정적이라고 말했다. 이 회사의 기대는 9월에 구체화될 연준의 금리 인하에 달려 있다. 선물시장은 9월 금리인하 가능성을 64%로 평가하고 있다.
JP모건의 분석가들도 긍정적인 모멘텀이 계속될 것으로 보고 있다.
애널리스트들은 &#8220;통화 긴축의 종료와 강력한 명목 GDP 성장이 결합되어 올해 남은 기간 동안 미국 주식에 건설적인 배경을 제공할 것&#8221;이라고 말했다.
연준의 금리 인하는 주식시장 랠리 확대의 전조로 널리 인식되고 있다. 올해 상반기 실적이 저조한 기업들은 인플레이션이 추가로 완화되면 강하게 반등하여 이 중앙은행이 22년 최고치에서 금리를 인하할 수 있다.
아크 인베스트의 우드는 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39542910/time-to-buy-small-and-mid-cap-stocks-cathie-wood-sees-broadening-rally-after-market" target="_blank" rel="noopener" data-google-interstitial="false">강력한 반등 범위를 보고</a> 있다. 대공황 동안 집중도가 최고조에 달한 후, 시장은 향후 3~4년 동안 62% 상승했다. 그녀는 &#8220;대형주 현금 요새(mega-cap cash fortresses)&#8221;와는 반대로 소형주와 중형주에 불균형적으로 유리한 상승이 있다고 말했다.
아웃퍼포먼스를 위한 후보 기업들: Benzinga는 거시적 및 지정학적 환경이 우호적으로 변할 때 더 나은 성과를 낼 준비가 되어 있는 일부 부진한 주식을 선별했다. 스크리닝에 사용되는 기준은 SMID 캡 주식, 평균 거래량 50,000 주 이상, 평균 애널리스트의 목표 가격이 &#8220;매수&#8221; 이상, 평균 애널리스트의 목표 가격이 현재 가격보다 20% 높으며 상대 강도 지수가 40 미만이다. 이 주식들은 다음과 같다:
<ul>
<li>배스 앤 바디 웍스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>)</li>
<li>아메리칸 항공 그룹 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>)</li>
<li>데이포스 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAY#NYSE">DAY</a>)</li>
<li>보그워너 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWA#NYSE">BWA</a>)</li>
<li>바이오래드 래버러토리 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIO#NYSE">BIO</a>)</li>
</ul>
다음 읽기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39565545/prominent-economist-paul-krugman-says-inflation-beaten-underlines-this-as-reason-for-sticky-pricing-pressure">저명한 경제학자 폴 크루그먼은 &#8216;인플레이션이 무너졌다&#8217;고 말하며 이것이 가격 압박의 이유라고 강조</a>
이미지: 셔터스톡

S&P 500는 사상 최고치에 밑돌며 상반기 마감: 하반기 성과를 좌우할 수 있는 5 종목

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BorgWarner

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에 대한 최신 뉴스 BorgWarner (NYSE:BWA) 주식

월요일, 7월 01, 2024

사람들이 또한 지켜본다

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