Media stories about Wabco Holdings (NYSE:WBC) have been trending somewhat positive on Monday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Wabco Holdings earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the auto parts company an impact score of 46.6983781737347 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern’s scoring:
- Wabco Holdings (WBC) vs. Its Competitors Head to Head Survey (americanbankingnews.com)
- Head to Head Contrast: Wabco Holdings (WBC) versus Its Peers (americanbankingnews.com)
- WABCO Holdings, Inc. – Value Analysis (NYSE:WBC) : November 2, 2017 (finance.yahoo.com)
- WABCO Holdings, Inc. breached its 50 day moving average in a Bullish Manner : WBC-US : November 1, 2017 (finance.yahoo.com)
- Astrata Group Hires Former WABCO Exec and Transics CEO to Head Strategic Solutions BD and Sales for Europe (finance.yahoo.com)
Several research firms have recently commented on WBC. Citigroup Inc. boosted their target price on shares of Wabco Holdings from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, October 20th. BMO Capital Markets boosted their target price on shares of Wabco Holdings from $147.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, October 20th. Royal Bank Of Canada boosted their target price on shares of Wabco Holdings to $169.00 and gave the stock an “outperform” rating in a report on Friday, October 20th. Buckingham Research boosted their target price on shares of Wabco Holdings from $148.00 to $154.00 and gave the stock a “neutral” rating in a report on Friday, October 20th. Finally, KeyCorp boosted their target price on shares of Wabco Holdings from $161.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday, October 20th. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $159.80.
Shares of Wabco Holdings (NYSE:WBC) opened at $150.46 on Monday. Wabco Holdings has a 1 year low of $96.10 and a 1 year high of $156.08. The firm has a market cap of $8,071.90, a price-to-earnings ratio of 23.73, a P/E/G ratio of 1.51 and a beta of 1.68. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.00 and a quick ratio of 2.60.
Wabco Holdings (NYSE:WBC) last announced its quarterly earnings results on Thursday, October 19th. The auto parts company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.18. Wabco Holdings had a net margin of 9.75% and a return on equity of 38.93%. The company had revenue of $827.80 million for the quarter, compared to analysts’ expectations of $756.57 million. During the same quarter in the previous year, the business posted $1.54 earnings per share. Wabco Holdings’s quarterly revenue was up 22.6% on a year-over-year basis. analysts forecast that Wabco Holdings will post 6.64 EPS for the current fiscal year.
In other Wabco Holdings news, Chairman Jacques Esculier sold 172,394 shares of the business’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $151.24, for a total transaction of $26,072,868.56. Following the transaction, the chairman now owns 312,079 shares in the company, valued at $47,198,827.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.79% of the company’s stock.
Wabco Holdings 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.
What are top analysts saying about Wabco Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Wabco Holdings Inc. and related companies.