WABCO (NYSE:WBC) will release its earnings data before the market opens on Thursday, April 19th. Analysts expect WABCO to post earnings of $1.83 per share for the quarter. WABCO has set its FY18 guidance at $7.20-7.70 EPS.
WABCO (NYSE:WBC) last released its quarterly earnings results on Friday, February 16th. The auto parts company reported $2.00 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.80 by $0.20. The business had revenue of $934.00 million during the quarter, compared to the consensus estimate of $900.52 million. WABCO had a return on equity of 37.38% and a net margin of 12.29%. The business’s quarterly revenue was up 30.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.47 EPS. On average, analysts expect WABCO to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.
WABCO stock opened at $133.86 on Tuesday. The stock has a market cap of $7,097.92, a price-to-earnings ratio of 19.51, a PEG ratio of 1.16 and a beta of 1.80. WABCO has a 52-week low of $111.89 and a 52-week high of $162.20. The company has a quick ratio of 1.93, a current ratio of 2.23 and a debt-to-equity ratio of 0.85.
A number of research firms have issued reports on WBC. William Blair restated a “buy” rating on shares of WABCO in a research note on Wednesday, April 4th. Morgan Stanley began coverage on WABCO in a research note on Friday, March 2nd. They set an “overweight” rating and a $159.00 price target for the company. BMO Capital Markets restated a “market perform” rating and set a $150.00 price target (down from $160.00) on shares of WABCO in a research note on Friday, February 23rd. Buckingham Research restated a “neutral” rating and set a $152.00 price target (down from $156.00) on shares of WABCO in a research note on Tuesday, February 20th. Finally, Stifel Nicolaus restated a “buy” rating and set a $160.00 price target (down from $162.00) on shares of WABCO in a research note on Tuesday, February 20th. Six equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. WABCO has an average rating of “Buy” and a consensus price target of $164.07.
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WABCO Holdings Inc, together with its subsidiaries, supplies electronic, mechanical, electro-mechanical, and aerodynamic products worldwide. The company engineers, develops, manufactures, and sells braking, stability, suspension, transmission automation, and air management systems primarily for commercial vehicles.
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