News headlines about WABCO (NYSE:WBC) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern ranks the sentiment of media 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 -1 to 1, with scores closest to one being the most favorable. WABCO earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the auto parts company an impact score of 45.4455642000642 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
Shares of WBC stock traded down $3.84 during mid-day trading on Friday, hitting $129.12. 260,453 shares of the stock traded hands, compared to its average volume of 352,501. The firm has a market cap of $7,066.75, a price-to-earnings ratio of 18.82, a PEG ratio of 1.15 and a beta of 1.80. WABCO has a 52-week low of $111.68 and a 52-week high of $162.20. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.93 and a current ratio of 2.23.
WABCO (NYSE:WBC) last released its quarterly earnings results on Friday, February 16th. The auto parts company reported $2.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $0.20. The business had revenue of $934.00 million during the quarter, compared to analyst estimates of $900.52 million. WABCO had a net margin of 12.29% and a return on equity of 37.38%. The company’s quarterly revenue was up 30.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.47 earnings per share. equities analysts predict that WABCO will post 7.6 earnings per share for the current fiscal year.
WBC has been the topic of several recent research reports. Morgan Stanley initiated coverage on shares of WABCO in a report on Friday, March 2nd. They set an “overweight” rating and a $159.00 target price on the stock. Zacks Investment Research upgraded shares of WABCO from a “hold” rating to a “buy” rating and set a $161.00 target price on the stock in a report on Thursday, December 28th. Buckingham Research reiterated a “neutral” rating and set a $152.00 target price (down from $156.00) on shares of WABCO in a report on Tuesday, February 20th. Stifel Nicolaus reiterated a “buy” rating and set a $160.00 target price (down from $162.00) on shares of WABCO in a report on Tuesday, February 20th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $150.00 target price (down from $160.00) on shares of WABCO in a report on Friday, February 23rd. Six equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. WABCO currently has an average rating of “Buy” and an average price target of $162.13.
In related news, insider Nicolas Bardot sold 834 shares of the stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $136.88, for a total value of $114,157.92. Following the completion of the transaction, the insider now directly owns 4,243 shares of the company’s stock, valued at approximately $580,781.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.79% of the company’s stock.
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WABCO Company Profile
WABCO Holdings Inc, together with its subsidiaries, supplies electronic, mechanical, electro-mechanical, and aerodynamic products worldwide. The company engineers, develops, manufactures, and sells braking, stability, suspension, transmission automation, and air management systems primarily for commercial vehicles.
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