Insider Selling: WABCO Holdings Director John F. Fiedler Unloads 1,000 Shares of Stock (WBC)
WABCO Holdings (NYSE:WBC) Director John F. Fiedler unloaded 1,000 shares of WABCO Holdings stock on the open market in a transaction dated Thursday, August 14th. The stock was sold at an average price of $101.22, for a total transaction of $101,220.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on WBC shares. Analysts at Stephens cut their price target on shares of WABCO Holdings from $140.00 to $135.00 in a research note on Monday, August 4th. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of WABCO Holdings from $111.00 to $110.00 in a research note on Thursday, July 31st. Finally, analysts at Robert W. Baird cut their price target on shares of WABCO Holdings from $125.00 to $123.00 in a research note on Monday, July 28th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $117.22.
WABCO Holdings (NYSE:WBC) traded up 1.76% on Monday, hitting $103.16. 308,665 shares of the company’s stock traded hands. WABCO Holdings has a 52-week low of $76.80 and a 52-week high of $111.65. The stock has a 50-day moving average of $103.5 and a 200-day moving average of $103.4. The company has a market cap of $6.168 billion and a price-to-earnings ratio of 9.84.
WABCO Holdings (NYSE:WBC) last released its earnings data on Friday, July 25th. The company reported $1.42 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.46 by $0.04. The company had revenue of $735.00 million for the quarter, compared to the consensus estimate of $753.88 million. During the same quarter in the prior year, the company posted $1.30 earnings per share. The company’s quarterly revenue was up 8.4% on a year-over-year basis. On average, analysts predict that WABCO Holdings will post $5.62 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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