WABCO (WBC) Earns News Impact Score of 0.24

Headlines about WABCO (NYSE:WBC) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WABCO earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave media coverage about the auto parts company an impact score of 45.4522595607933 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the headlines that may have impacted Accern’s analysis:

WBC has been the topic of several recent analyst reports. BMO Capital Markets lifted their target price on WABCO from $147.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, October 20th. Zacks Investment Research downgraded WABCO from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. Robert W. Baird reissued a “buy” rating and set a $149.00 target price on shares of WABCO in a research note on Thursday, August 24th. Stifel Nicolaus reissued a “buy” rating and set a $160.00 target price on shares of WABCO in a research note on Thursday, October 12th. Finally, Royal Bank Of Canada lifted their target price on WABCO to $169.00 and gave the company an “outperform” rating in a research note on Friday, October 20th. Five analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $159.80.

WABCO (NYSE:WBC) traded down $3.53 during trading hours on Tuesday, reaching $141.20. The company’s stock had a trading volume of 409,102 shares, compared to its average volume of 413,573. The company has a current ratio of 3.00, a quick ratio of 2.60 and a debt-to-equity ratio of 0.99. WABCO has a 1-year low of $102.39 and a 1-year high of $156.08. The company has a market cap of $7,914.71, a P/E ratio of 23.27, a price-to-earnings-growth ratio of 1.48 and a beta of 1.67.

WABCO (NYSE:WBC) last released its quarterly earnings data on Thursday, October 19th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.18. WABCO had a return on equity of 38.93% and a net margin of 9.75%. The business had revenue of $827.80 million for the quarter, compared to the consensus estimate of $756.57 million. During the same quarter in the previous year, the company posted $1.54 EPS. The company’s revenue was up 22.6% compared to the same quarter last year. equities research analysts expect that WABCO will post 6.64 EPS for the current fiscal year.

In other WABCO news, Chairman Jacques Esculier sold 172,394 shares of WABCO stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $151.24, for a total value of $26,072,868.56. Following the sale, the chairman now owns 312,079 shares of the company’s stock, valued at approximately $47,198,827.96. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.79% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for WABCO (NYSE:WBC)

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