Recent Research Analysts’ Ratings Changes for WABCO (WBC)

A number of research firms have changed their ratings and price targets for WABCO (NYSE: WBC):

  • 10/19/2018 – WABCO had its price target lowered by analysts at Robert W. Baird from $120.00 to $119.00. They now have a “neutral” rating on the stock.
  • 10/19/2018 – WABCO was given a new $124.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 10/19/2018 – WABCO had its price target lowered by analysts at Citigroup Inc from $140.00 to $130.00. They now have a “buy” rating on the stock.
  • 10/17/2018 – WABCO was downgraded by analysts at Bank of America Corp from a “buy” rating to an “underperform” rating. They now have a $95.00 price target on the stock, down previously from $130.00.
  • 10/5/2018 – WABCO was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating.
  • 9/24/2018 – WABCO had its price target lowered by analysts at Stifel Nicolaus from $159.00 to $152.00. They now have a “buy” rating on the stock.
  • 9/19/2018 – WABCO was given a new $153.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 9/14/2018 – WABCO had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $130.00 price target on the stock, down previously from $135.00.
  • 9/14/2018 – WABCO had its price target lowered by analysts at Bank of America Corp from $148.00 to $130.00. They now have a “buy” rating on the stock.
  • 9/13/2018 – WABCO was given a new $125.00 price target on by analysts at Buckingham Research. They now have a “hold” rating on the stock.
  • 9/13/2018 – WABCO was given a new $135.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 9/12/2018 – WABCO was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating.

Shares of WBC stock traded up $1.87 during mid-day trading on Tuesday, reaching $112.35. The stock had a trading volume of 479,474 shares, compared to its average volume of 446,349. The company has a current ratio of 2.28, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70. WABCO Holdings Inc. has a one year low of $100.80 and a one year high of $162.20. The company has a market capitalization of $5.73 billion, a P/E ratio of 16.38, a P/E/G ratio of 0.95 and a beta of 1.79.

WABCO (NYSE:WBC) last posted its earnings results on Thursday, October 18th. The auto parts company reported $1.78 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.59 by $0.19. The business had revenue of $914.80 million during the quarter, compared to the consensus estimate of $932.66 million. WABCO had a return on equity of 33.10% and a net margin of 11.62%. WABCO’s revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the company earned $1.71 EPS. Sell-side analysts predict that WABCO Holdings Inc. will post 7.73 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of WBC. Jane Street Group LLC lifted its position in shares of WABCO by 101.3% during the 1st quarter. Jane Street Group LLC now owns 2,583 shares of the auto parts company’s stock worth $346,000 after buying an additional 200,873 shares during the period. LPL Financial LLC lifted its position in shares of WABCO by 16.9% during the 1st quarter. LPL Financial LLC now owns 8,715 shares of the auto parts company’s stock worth $1,165,000 after buying an additional 1,257 shares during the period. Guggenheim Capital LLC lifted its position in shares of WABCO by 94.3% during the 1st quarter. Guggenheim Capital LLC now owns 3,292 shares of the auto parts company’s stock worth $441,000 after buying an additional 1,598 shares during the period. CIBC World Markets Inc. bought a new position in shares of WABCO during the 1st quarter worth approximately $214,000. Finally, Allianz Asset Management GmbH lifted its position in shares of WABCO by 19.3% during the 1st quarter. Allianz Asset Management GmbH now owns 84,959 shares of the auto parts company’s stock worth $11,373,000 after buying an additional 13,717 shares during the period. Institutional investors and hedge funds own 98.02% of the company’s stock.

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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