WABCO (NYSE:WBC) issued an update on its FY18 earnings guidance on Friday morning. The company provided EPS guidance of $7.20-7.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.56. The company issued revenue guidance of $3.82-3.98 billion, compared to the consensus revenue estimate of $3.69 billion.
Shares of WABCO (NYSE:WBC) opened at $138.01 on Friday. The company has a market cap of $7,403.96, a price-to-earnings ratio of 20.09, a price-to-earnings-growth ratio of 1.21 and a beta of 1.77. 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.
WABCO (NYSE:WBC) last announced its quarterly earnings results on Friday, February 16th. The auto parts company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.80 by $0.20. WABCO had a net margin of 9.75% and a return on equity of 38.93%. The business had revenue of $934.00 million for the quarter, compared to analysts’ expectations of $900.52 million. During the same quarter in the previous year, the company earned $1.47 EPS. The business’s quarterly revenue was up 30.9% compared to the same quarter last year. equities analysts forecast that WABCO will post 7.54 earnings per share for the current year.
WBC has been the topic of a number of research reports. Zacks Investment Research downgraded shares of WABCO from a buy rating to a hold rating in a report on Sunday, January 21st. ValuEngine downgraded shares of WABCO from a buy rating to a hold rating in a report on Friday, December 1st. Stifel Nicolaus set a $162.00 target price on shares of WABCO and gave the stock a buy rating in a report on Friday, February 9th. Piper Jaffray Companies restated a buy rating and issued a $167.00 target price on shares of WABCO in a report on Sunday, October 22nd. Finally, Vertical Research downgraded shares of WABCO from a buy rating to a hold rating in a report on Monday, October 23rd. Five investment analysts have rated the stock with a hold rating, twelve have given 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 price target of $160.67.
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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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