WABCO Holdings Inc. Hits New 52-Week High at $94.20 (WBC)
Shares of WABCO Holdings (NYSE:WBC) hit a new 52-week high during trading hours on Tuesday, Stock Ratings Network.com reports. The company traded as high as $94.20 and last traded at $93.82, with a volume of 232,971 shares trading hands. The stock had previously closed at $92.71.
WBC has been the subject of a number of recent research reports. Analysts at BB&T Corp. initiated coverage on shares of WABCO Holdings in a research note to investors on Thursday, December 12th. They set a “hold” rating on the stock. Separately, analysts at William Blair upgraded shares of WABCO Holdings from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, December 2nd. Finally, analysts at Zacks downgraded shares of WABCO Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, November 8th. They now have a $91.70 price target on the stock. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $88.59.
WABCO Holdings has a 52 week low of $62.30 and a 52 week high of $93.80. The stock has a 50-day moving average of $89.95 and a 200-day moving average of $83.60. The company has a market cap of $5.842 billion and a P/E ratio of 19.97.
WABCO Holdings (NYSE:WBC) last issued its quarterly earnings data on Friday, October 25th. The company reported $0.26 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.23 by $0.97. The company had revenue of $677.10 million for the quarter, compared to the consensus estimate of $666.43 million. During the same quarter in the prior year, the company posted $1.02 earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis. On average, analysts predict that WABCO Holdings will post $5.00 earnings per share for the current fiscal year.
WABCO Holdings Inc (NYSE:WBC) is a provider of electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers.
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