24.31% to Target, Susquehanna Reaffirms “Buy” Rating for BorgWarner (BWA) Stock; Xerium Technologies Has 1.45 Sentiment

March 15, 2018 - By Ellis Scott

Xerium Technologies, Inc. manufactures and supplies consumable products primarily used in the production of paper. The company has market cap of $90.51 million. The firm operates through two divisions, Machine Clothing and Roll Covers. It currently has negative earnings. The Machine Clothing segment provides various types of industrial textiles used on paper-making machines and other industrial applications.

Among 23 analysts covering Borgwarner Inc. (NYSE:BWA), 7 have Buy rating, 4 Sell and 12 Hold. Therefore 30% are positive. Borgwarner Inc. has $75.0 highest and $33 lowest target. $56.05’s average target is 10.60% above currents $50.68 stock price. Borgwarner Inc. had 73 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Friday, July 31. The firm has “Hold” rating given on Monday, January 8 by Guggenheim. The stock of BorgWarner Inc. (NYSE:BWA) earned “Hold” rating by RBC Capital Markets on Tuesday, December 19. On Friday, September 11 the stock rating was maintained by RBC Capital Markets with “Outperform”. RBC Capital Markets maintained BorgWarner Inc. (NYSE:BWA) on Sunday, September 10 with “Hold” rating. The rating was initiated by Seaport Global on Tuesday, August 9 with “Neutral”. The stock of BorgWarner Inc. (NYSE:BWA) has “Neutral” rating given on Monday, October 30 by Citigroup. The company was maintained on Wednesday, August 30 by Robert W. Baird. The stock of BorgWarner Inc. (NYSE:BWA) has “Hold” rating given on Monday, August 7 by RBC Capital Markets. Susquehanna maintained BorgWarner Inc. (NYSE:BWA) on Thursday, August 27 with “Positive” rating.

Wynnefield Capital Inc holds 1.97% of its portfolio in Xerium Technologies, Inc. for 1.15 million shares. Rutabaga Capital Management Llc Ma owns 967,208 shares or 0.99% of their US portfolio. Moreover, American Securities Llc has 0.71% invested in the company for 1.40 million shares. The Florida-based Wilen Investment Management Corp. has invested 0.47% in the stock. Moab Capital Partners Llc, a New York-based fund reported 423,978 shares.

The stock increased 0.55% or $0.03 during the last trading session, reaching $5.53. About 28,983 shares traded. Xerium Technologies, Inc. (XRM) has risen 21.00% since March 15, 2017 and is uptrending. It has outperformed by 4.30% the S&P500.

BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide. The company has market cap of $10.67 billion. The firm operates through two divisions, Engine and Drivetrain. It has a 24.37 P/E ratio. The Engine segment develops and makes turbochargers; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, HY-VO front-wheel drive transmission chains, and four-wheel drive chains for light vehicles.

Analysts await BorgWarner Inc. (NYSE:BWA) to report earnings on April, 26. They expect $1.02 EPS, up 12.09% or $0.11 from last year’s $0.91 per share. BWA’s profit will be $214.77M for 12.42 P/E if the $1.02 EPS becomes a reality. After $1.07 actual EPS reported by BorgWarner Inc. for the previous quarter, Wall Street now forecasts -4.67% negative EPS growth.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.04, from 1.01 in 2017Q2. It turned negative, as 25 investors sold BorgWarner Inc. shares while 176 reduced holdings. 79 funds opened positions while 125 raised stakes. 195.75 million shares or 4.13% more from 187.99 million shares in 2017Q2 were reported. Benjamin F Edwards & owns 0.01% invested in BorgWarner Inc. (NYSE:BWA) for 1,718 shares. Commercial Bank Of Nova Scotia holds 34,452 shares or 0.01% of its portfolio. Rmb Cap Mngmt Limited Liability invested in 0.03% or 19,422 shares. 18,987 are held by Riverhead Capital Mgmt Ltd Co. Hirtle Callaghan & Limited Liability Corporation accumulated 6,800 shares. Macquarie Group invested in 608,444 shares. Amer Gp invested in 0.01% or 59,153 shares. Andra Ap invested in 71,000 shares. Homrich & Berg holds 39,982 shares or 0.16% of its portfolio. Bank Of Montreal Can accumulated 103,900 shares or 0% of the stock. Arizona State Retirement owns 121,725 shares. Moreover, Texas Permanent School Fund has 0.04% invested in BorgWarner Inc. (NYSE:BWA). Cwm Limited Liability Corporation owns 0% invested in BorgWarner Inc. (NYSE:BWA) for 970 shares. Cornerstone Investment Ptnrs Ltd holds 3.47M shares. 19,414 are held by Pictet & Cie (Europe).

The stock increased 0.18% or $0.09 during the last trading session, reaching $50.68. About 863,314 shares traded. BorgWarner Inc. (NYSE:BWA) has risen 25.00% since March 15, 2017 and is uptrending. It has outperformed by 8.30% the S&P500.

Since December 18, 2017, it had 0 buys, and 2 insider sales for $2.09 million activity. GASPAROVIC JOHN J also sold $2.02 million worth of BorgWarner Inc. (NYSE:BWA) on Monday, December 18. Wiegert Joel also sold $73,295 worth of BorgWarner Inc. (NYSE:BWA) shares.