Insider Selling: WABCO Holdings Director Sells 1,000 Shares of Stock (WBC)
WABCO Holdings (NYSE:WBC) Director John F. Fiedler sold 1,000 shares of the stock on the open market in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $101.22, for a total value of $101,220.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
WABCO Holdings (NYSE:WBC) traded down 0.02% during mid-day trading on Wednesday, hitting $103.44. The stock had a trading volume of 13,678 shares. WABCO Holdings has a 52-week low of $76.80 and a 52-week high of $111.65. The stock’s 50-day moving average is $103.2 and its 200-day moving average is $103.. The company has a market cap of $6.185 billion and a price-to-earnings ratio of 10.04.
WABCO Holdings (NYSE:WBC) last released its earnings data on Friday, July 25th. The company reported $1.42 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $1.30 earnings per share. The company’s revenue for the quarter 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.
A number of research firms have recently commented on WBC. 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 analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $117.22.
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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