WABCO (NYSE:WBC) Given News Impact Rating of 0.09

News stories about WABCO (NYSE:WBC) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. WABCO earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave press coverage about the auto parts company an impact score of 45.9130320044327 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

WABCO (WBC) traded down $2.80 during trading on Monday, reaching $144.73. The company had a trading volume of 520,634 shares, compared to its average volume of 413,592. WABCO has a fifty-two week low of $102.39 and a fifty-two week high of $156.08. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.00 and a quick ratio of 2.60. The company has a market capitalization of $7,914.71, a PE ratio of 23.27, a P/E/G ratio of 1.48 and a beta of 1.67.

WABCO (NYSE:WBC) last posted its quarterly earnings results on Thursday, October 19th. The auto parts company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.18. The business had revenue of $827.80 million during the quarter, compared to analysts’ expectations of $756.57 million. WABCO had a return on equity of 38.93% and a net margin of 9.75%. WABCO’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter last year, the company posted $1.54 earnings per share. sell-side analysts anticipate that WABCO will post 6.64 earnings per share for the current year.

Several equities analysts have recently weighed in on the company. ValuEngine cut WABCO from a “buy” rating to a “hold” rating in a report on Friday. Vertical Research cut WABCO from a “buy” rating to a “hold” rating in a report on Monday, October 23rd. Piper Jaffray Companies restated a “buy” rating and issued a $167.00 price objective on shares of WABCO in a report on Sunday, October 22nd. Robert W. Baird raised their price objective on WABCO from $170.00 to $182.00 and gave the company an “outperform” rating in a report on Friday, October 20th. Finally, BMO Capital Markets raised their price objective on WABCO from $147.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, October 20th. Five equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $159.80.

In other WABCO news, Chairman Jacques Esculier sold 172,394 shares of the firm’s stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $151.24, for a total transaction of $26,072,868.56. Following the completion of the sale, the chairman now directly owns 312,079 shares in the company, valued at $47,198,827.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.79% of the company’s stock.

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WABCO Company Profile

WABCO Holdings Inc is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers of commercial trucks, buses and trailers, as well as passenger cars. The Company engineers, develops, manufactures and sells braking, stability, suspension and transmission automation and air management systems primarily for commercial vehicles.

Insider Buying and Selling by Quarter for WABCO (NYSE:WBC)

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