Score: Neutral (43)
11 days at current score.
Downgraded from Positive on March 16th 2018
- This company ranked positively in 3 out of 4 IHS Markit Categories but is neutral compared to the Consumer Goods sector
- Perception of the company's creditworthiness is positive
- ETFs holding this stock have seen outflows over the last one-month
- Bearish sentiment is low
- Economic output in this company's sector is expanding
Short interest | Positive
Short interest is low for BWA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
ETF/Index ownership | Negative
ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding BWA totaled $2.74 billion. Additionally, the rate of outflows appears to be accelerating.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year.
Credit default swap | Positive
The current level displays a positive indicator. BWA credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.
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