Analysts expect WABCO Holdings Inc. (NYSE:WBC) to post sales of $914.67 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for WABCO’s earnings, with estimates ranging from $886.30 million to $944.11 million. WABCO posted sales of $747.30 million in the same quarter last year, which suggests a positive year-over-year growth rate of 22.4%. The firm is expected to announce its next quarterly earnings report on Friday, April 20th.
On average, analysts expect that WABCO will report full year sales of $914.67 million for the current financial year. For the next year, analysts anticipate that the company will post sales of $3.95 billion per share, with estimates ranging from $3.89 billion to $4.03 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover WABCO.
WABCO (NYSE:WBC) last posted its quarterly earnings data on Friday, February 16th. The auto parts company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.20. WABCO had a return on equity of 40.17% and a net margin of 12.29%. The company had revenue of $934.00 million during the quarter, compared to analysts’ expectations of $900.52 million. During the same quarter in the prior year, the business earned $1.47 earnings per share. WABCO’s revenue for the quarter was up 30.9% compared to the same quarter last year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cerebellum GP LLC bought a new position in shares of WABCO in the fourth quarter worth about $129,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of WABCO by 114.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 935 shares of the auto parts company’s stock worth $134,000 after acquiring an additional 500 shares during the period. American International Group Inc. bought a new position in shares of WABCO in the fourth quarter worth about $172,000. Zions Bancorporation bought a new position in shares of WABCO in the third quarter worth about $179,000. Finally, Brown Advisory Inc. bought a new position in WABCO during the third quarter valued at approximately $202,000.
WABCO (WBC) traded up $0.63 during trading hours on Wednesday, reaching $141.34. The company’s stock had a trading volume of 14,535 shares, compared to its average volume of 355,335. WABCO has a twelve month low of $110.52 and a twelve month 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. The company has a market capitalization of $7,550.00, a price-to-earnings ratio of 18.85, a PEG ratio of 1.22 and a beta of 1.76.
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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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