Press coverage about WABCO (NYSE:WBC) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WABCO earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news coverage about the auto parts company an impact score of 46.0255528257222 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- WABCO Holdings Inc. (WBC) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- WABCO Holdings Inc.: WABCO’s Q4 and Full Year 2017 Earnings Conference Call Set for February 16 (twst.com)
- WABCO’s Q4 and Full Year 2017 Earnings Conference Call Set for February 16 (feeds.benzinga.com)
- WABCO Enters Into New Long-Term Agreement with a Major Global Manufacturer of Trucks and Buses for (nasdaq.com)
Shares of WABCO (NYSE WBC) traded up $2.31 on Friday, reaching $155.02. 222,903 shares of the company’s stock were exchanged, compared to its average volume of 293,503. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.60 and a current ratio of 3.00. WABCO has a 1 year low of $103.40 and a 1 year high of $156.08. The company has a market capitalization of $8,320.00, a price-to-earnings ratio of 28.03, a P/E/G ratio of 1.35 and a beta of 1.67.
WABCO (NYSE:WBC) last announced its quarterly earnings data on Thursday, October 19th. The auto parts company reported $1.71 EPS for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.18. The business had revenue of $827.80 million for the quarter, compared to analyst estimates of $756.57 million. WABCO had a net margin of 9.75% and a return on equity of 38.93%. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.54 earnings per share. research analysts forecast that WABCO will post 6.66 EPS for the current year.
Several research firms have weighed in on WBC. Zacks Investment Research upgraded shares of WABCO from a “hold” rating to a “buy” rating and set a $166.00 price objective for the company in a research report on Friday, September 29th. Berenberg Bank began coverage on shares of WABCO in a research report on Monday, September 25th. They set a “buy” rating and a $173.00 price target for the company. Royal Bank of Canada reiterated an “outperform” rating on shares of WABCO in a research report on Monday, September 25th. KeyCorp reissued a “buy” rating and set a $161.00 price objective (up previously from $156.00) on shares of WABCO in a research note on Tuesday, September 19th. Finally, Goldman Sachs Group reissued a “neutral” rating and set a $147.00 price objective (up previously from $128.00) on shares of WABCO in a research note on Wednesday, October 4th. Five investment 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 has a consensus rating of “Buy” and an average target price of $159.87.
In other 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 value of $26,072,868.56. Following the sale, the chairman now owns 312,079 shares of the company’s stock, valued at $47,198,827.96. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.79% of the company’s stock.
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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