Media stories about WABCO (NYSE:WBC) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. WABCO earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the auto parts company an impact score of 46.7439132636076 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several research firms have recently commented on WBC. Stifel Nicolaus set a $162.00 price objective on shares of WABCO and gave the company a “buy” rating in a research note on Friday, February 9th. Zacks Investment Research raised shares of WABCO from a “hold” rating to a “buy” rating and set a $177.00 price objective for the company in a research note on Thursday, January 25th. ValuEngine lowered shares of WABCO from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Vertical Research lowered shares of WABCO from a “buy” rating to a “hold” rating in a research note on Monday, October 23rd. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $167.00 price objective on shares of WABCO in a research note on Sunday, October 22nd. Five equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $160.67.
Shares of WABCO (NYSE WBC) traded up $2.35 during trading on Wednesday, reaching $143.58. 217,643 shares of the company were exchanged, compared to its average volume of 313,508. WABCO has a one year low of $110.52 and a one year high of $162.20. The company has a quick ratio of 2.60, a current ratio of 3.00 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $7,580.00, a P/E ratio of 25.52, a P/E/G ratio of 1.23 and a beta of 1.76.
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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.
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