WABCO Holdings Inc. (NYSE:WBC) – Equities researchers at William Blair issued their Q1 2018 earnings per share (EPS) estimates for WABCO in a research note issued on Tuesday. William Blair analyst L. De. Maria anticipates that the auto parts company will post earnings of $1.81 per share for the quarter. William Blair also issued estimates for WABCO’s Q2 2018 earnings at $1.90 EPS, Q3 2018 earnings at $1.92 EPS, Q4 2018 earnings at $1.97 EPS, FY2018 earnings at $7.60 EPS and FY2019 earnings at $8.50 EPS.
WABCO (NYSE:WBC) last posted its earnings results on Friday, February 16th. The auto parts company reported $2.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.20. The company had revenue of $934.00 million during the quarter, compared to analyst estimates of $900.52 million. WABCO had a return on equity of 40.17% and a net margin of 12.29%. The company’s revenue for the quarter was up 30.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.47 EPS.
Other equities analysts have also issued reports about the company. Zacks Investment Research upgraded WABCO from a “hold” rating to a “buy” rating and set a $167.00 target price for the company in a research report on Saturday, January 13th. Stifel Nicolaus restated a “buy” rating and set a $160.00 target price (down from $162.00) on shares of WABCO in a research report on Tuesday. ValuEngine lowered WABCO from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Buckingham Research restated a “neutral” rating and set a $152.00 target price (down from $156.00) on shares of WABCO in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $163.07.
WABCO (NYSE:WBC) opened at $142.31 on Wednesday. The stock has a market capitalization of $7,550.00, a PE ratio of 18.97, a PEG ratio of 1.22 and a beta of 1.76. WABCO has a 12-month low of $110.52 and a 12-month high of $162.20. The company has a current ratio of 3.00, a quick ratio of 2.60 and a debt-to-equity ratio of 0.99.
Large investors have recently added to or reduced their stakes in the company. Cerebellum GP LLC bought a new position in shares of WABCO during the 4th quarter valued at about $129,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of WABCO by 114.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 935 shares of the auto parts company’s stock valued at $134,000 after purchasing an additional 500 shares in the last quarter. American International Group Inc. bought a new stake in WABCO in the 4th quarter valued at approximately $172,000. Zions Bancorporation bought a new stake in WABCO in the 3rd quarter valued at approximately $179,000. Finally, Brown Advisory Inc. bought a new stake in WABCO in the 3rd quarter valued at approximately $202,000.
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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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