BorgWarner, Inc. (BWA) - Bull of the Day
14 Septembre 2011 - 2:00AM
Zacks
BorgWarner, Inc. (BWA) continues to focus on new product
launches supported by new business opportunities and acquisitions.
Demand for its fuel-efficient engines and transmissions have grown
stronger due to more stringent government regulations. As a result,
the company's revenues soared 28% in the second quarter of 2011,
despite a drop in global vehicle production.
Furthermore, the company expects 25% to 28% growth in sales in
2011. Its profit significantly exceeded the Zacks Consensus
Estimate by $0.14 per share during the reported quarter.
Our long-term Outperform recommendation on the stock indicates
that it will perform better than the overall market. Our $82 target
price, 18.6X our 2011 EPS estimate, reflects this view.
BORG WARNER INC (BWA): Free Stock Analysis Report
Zacks Investment Research
BorgWarner (NYSE:BWA)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
BorgWarner (NYSE:BWA)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024
