Shares of BorgWarner Inc. (NYSE:BWA) traded at a new 52-week high today of $51.14. So far today approximately 514,000 shares have been exchanged, as compared to an average 30-day volume of 2.3 million shares.
BorgWarner Inc. (NYSE:BWA) is currently priced 1.5% above its average consensus analyst price target of $50.08.
BorgWarner is a Tier I auto-parts supplier with four operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, cabin heaters, battery heaters, and battery charging. The e-propulsion and drivetrain group produces e-motors, power electronics, control modules, software, automatic transmission components, and torque management products. The two remaining operating segments are the eponymous fuel injector and aftermarket groups. The company’s largest customers are Ford and Volkswagen at 13% and 11% of 2020 revenue, respectively. Geographically, Europe accounted for 35% of 2020 revenue, while Asia was 34% and North America was 30%.
BorgWarner Inc. share prices have moved between a 52-week high of $51.14 and a 52-week low of $25.17 and are now trading 102% above that low price at $50.86 per share.
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