BorgWarner Stock Hits New 52-Week High (BWA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- BorgWarner (NYSE: BWA) hit a new 52-week high Thursday as it is currently trading at $85.47, above its previous 52-week high of $85.38 with 377,201 shares traded as of 2:20 p.m. ET. Average volume has been 956,300 shares over the past 30 days.

BorgWarner has a market cap of $9.66 billion and is part of the consumer goods sector and automotive industry. Shares are up 16.3% year to date as of the close of trading on Wednesday.

BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates BorgWarner as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full BorgWarner Ratings Report.

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