Wabco Holdings (WBC) Getting Somewhat Positive Media Coverage, Report Finds
Media coverage about Wabco Holdings (NYSE:WBC) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Wabco Holdings earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 45.9130320044327 out of 100, meaning 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:
- Financial Contrast: Wabco Holdings (WBC) versus Its Rivals (americanbankingnews.com)
- Head to Head Analysis: Wabco Holdings (WBC) vs. Its Competitors (americanbankingnews.com)
- WABCO : Showcases Differentiating Safety and Efficiency Technologies at Agritechnica 2017 | Media Center (4-traders.com)
- Noteworthy Friday Option Activity: OMER, WBC, XON (thestreet.com)
Several analysts have issued reports on the company. KeyCorp upped their target price on Wabco Holdings from $161.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, October 20th. Royal Bank Of Canada upped their target price on Wabco Holdings to $169.00 and gave the company an “outperform” rating in a report on Friday, October 20th. Citigroup Inc. upped their target price on Wabco Holdings from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday, October 20th. Buckingham Research upped their target price on Wabco Holdings from $148.00 to $154.00 and gave the company a “neutral” rating in a report on Friday, October 20th. Finally, Bank of America Corporation upped their target price on Wabco Holdings from $160.00 to $170.00 and gave the company a “buy” rating in a report on Friday, October 20th. Four 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 company presently has a consensus rating of “Buy” and an average target price of $159.80.
Wabco Holdings (NYSE WBC) opened at $144.64 on Friday. Wabco Holdings has a 12 month low of $96.10 and a 12 month high of $156.08. The company has a market capitalization of $7,759.65, a price-to-earnings ratio of 22.81, a PEG ratio of 1.45 and a beta of 1.68. The company has a quick ratio of 2.60, a current ratio of 3.00 and a debt-to-equity ratio of 0.99.
Wabco Holdings (NYSE:WBC) last announced its quarterly earnings results on Thursday, October 19th. The auto parts company reported $1.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.18. Wabco Holdings 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 analyst estimates of $756.57 million. During the same quarter in the prior year, the company posted $1.54 EPS. The company’s quarterly revenue was up 22.6% on a year-over-year basis. sell-side analysts expect that Wabco Holdings will post 6.64 earnings per share for the current year.
In related news, Chairman Jacques Esculier sold 172,394 shares of the stock in a transaction dated Tuesday, October 24th. The stock was 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 of the company’s stock, valued at approximately $47,198,827.96. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.79% of the stock is currently owned by corporate insiders.
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About Wabco Holdings
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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