BorgWarner Inc. (NYSE:BWA) traded at a new 52-week high today of $55.43. Approximately 744,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.
In the past 52 weeks, BorgWarner Inc. share prices are bracketed by a low of $31.87 and a high of $55.43 and is now at $53.13, 67% above that low price.
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. (NYSE:BWA) has potential upside of 17.6% based on a current price of $53.13 and analysts’ consensus price target of $62.48.
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