News stories about WABCO (NYSE:WBC) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WABCO earned a news impact score of 0.22 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 45.8304292639052 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
Shares of WABCO (NYSE WBC) traded up $1.33 during trading on Friday, reaching $144.02. The company had a trading volume of 337,862 shares, compared to its average volume of 364,147. WABCO has a 52 week low of $102.39 and a 52 week high of $156.08. The company has a market capitalization of $7,655.06, a price-to-earnings ratio of 22.51, a PEG ratio of 1.43 and a beta of 1.67. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.60 and a current ratio of 3.00.
WABCO (NYSE:WBC) last announced its quarterly earnings results on Thursday, October 19th. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.18. WABCO had a return on equity of 38.93% and a net margin of 9.75%. The company had revenue of $827.80 million during the quarter, compared to analyst estimates of $756.57 million. During the same period in the prior year, the company earned $1.54 earnings per share. The firm’s revenue was up 22.6% on a year-over-year basis. sell-side analysts predict that WABCO will post 6.65 earnings per share for the current year.
WBC has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price objective on WABCO from $147.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, October 20th. Zacks Investment Research lowered WABCO from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. Robert W. Baird reaffirmed a “buy” rating and issued a $149.00 price objective on shares of WABCO in a research note on Thursday, August 24th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $160.00 price objective on shares of WABCO in a research note on Thursday, October 12th. Finally, Royal Bank Of Canada upped their price objective on WABCO to $169.00 and gave the stock an “outperform” rating in a research note on Friday, October 20th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $159.80.
In other news, Chairman Jacques Esculier sold 172,394 shares of the firm’s stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $151.24, for a total value of $26,072,868.56. Following the completion of the sale, the chairman now directly owns 312,079 shares of the company’s stock, valued at approximately $47,198,827.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.79% of the stock is currently owned by corporate insiders.
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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.
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