Equities research analysts predict that WABCO Holdings Inc. (NYSE:WBC) will announce earnings of $1.78 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for WABCO’s earnings. The lowest EPS estimate is $1.74 and the highest is $1.83. WABCO reported earnings per share of $1.47 in the same quarter last year, which suggests a positive year-over-year growth rate of 21.1%. The business is expected to announce its next quarterly earnings report on Friday, February 16th.

On average, analysts expect that WABCO will report full year earnings of $6.65 per share for the current year, with EPS estimates ranging from $6.60 to $6.70. For the next financial year, analysts anticipate that the firm will post earnings of $7.48 per share, with EPS estimates ranging from $7.20 to $7.64. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for WABCO.

WABCO (NYSE:WBC) last announced its quarterly earnings data 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 had a net margin of 9.75% and a return on equity of 38.93%. The firm had revenue of $827.80 million during the quarter, compared to analysts’ expectations of $756.57 million. During the same quarter last year, the business earned $1.54 earnings per share. The business’s revenue for the quarter was up 22.6% compared to the same quarter last year.

WBC has been the subject of a number of research reports. BMO Capital Markets lifted their target price on shares of WABCO from $147.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, October 20th. Zacks Investment Research cut shares of WABCO from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Robert W. Baird restated a “buy” rating and set a $149.00 target price on shares of WABCO in a research report on Thursday, August 24th. Stifel Nicolaus restated a “buy” rating and set a $160.00 target price on shares of WABCO in a research report on Thursday, October 12th. Finally, Royal Bank of Canada lifted their target price on shares of WABCO to $169.00 and gave the stock an “outperform” rating in a research report on Friday, October 20th. Five equities research 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 company’s stock. The stock has a consensus rating of “Buy” and an average target price of $159.80.

In other news, Chairman Jacques Esculier sold 172,394 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chairman now owns 312,079 shares of the company’s stock, valued at $47,198,827.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.79% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in WBC. Pacad Investment Ltd. purchased a new stake in WABCO in the second quarter valued at approximately $179,000. Zions Bancorporation purchased a new stake in WABCO in the third quarter valued at approximately $179,000. Brown Advisory Inc. purchased a new stake in WABCO in the third quarter valued at approximately $202,000. Trexquant Investment LP purchased a new stake in WABCO in the second quarter valued at approximately $204,000. Finally, Cadence Capital Management LLC purchased a new stake in WABCO in the third quarter valued at approximately $207,000. Hedge funds and other institutional investors own 95.32% of the company’s stock.

Shares of WABCO (NYSE:WBC) traded up $0.37 on Wednesday, reaching $145.02. 244,800 shares of the company’s stock were exchanged, compared to its average volume of 411,507. The company has a current ratio of 3.00, a quick ratio of 2.60 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $7,760.21, a PE ratio of 22.82, a P/E/G ratio of 1.45 and a beta of 1.67. WABCO has a one year low of $102.39 and a one year high of $156.08.

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About WABCO

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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Earnings History and Estimates for WABCO (NYSE:WBC)

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