WABCO Holdings Inc. (NYSE:WBC) shares were down 0.3% during trading on Thursday . The stock traded as low as $110.50 and last traded at $115.75. Approximately 9,239 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 244,921 shares. The stock had previously closed at $116.14.

Several research analysts have commented on WBC shares. Stifel Nicolaus set a $159.00 price objective on shares of WABCO and gave the stock a “buy” rating in a report on Friday, July 20th. Royal Bank of Canada restated a “buy” rating and issued a $160.00 price objective on shares of WABCO in a report on Friday, July 20th. Morgan Stanley set a $135.00 price objective on shares of WABCO and gave the stock a “buy” rating in a report on Thursday. Zacks Investment Research upgraded shares of WABCO from a “hold” rating to a “buy” rating and set a $143.00 price objective for the company in a report on Friday, May 25th. Finally, Buckingham Research set a $125.00 price objective on shares of WABCO and gave the stock a “hold” rating in a report on Thursday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. WABCO has an average rating of “Hold” and an average price target of $154.79.

The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of 16.85, a PEG ratio of 1.03 and a beta of 1.83. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.07 and a current ratio of 2.48.

WABCO (NYSE:WBC) last released its earnings results on Thursday, July 19th. The auto parts company reported $2.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.90 by $0.10. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $989.16 million. WABCO had a net margin of 11.77% and a return on equity of 34.37%. The company’s revenue was up 25.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.69 EPS. analysts predict that WABCO Holdings Inc. will post 7.59 EPS for the current year.

Several large investors have recently added to or reduced their stakes in the company. Next Century Growth Investors LLC purchased a new stake in WABCO during the 1st quarter valued at about $112,000. SG Americas Securities LLC purchased a new stake in WABCO during the 2nd quarter valued at about $106,000. Fort L.P. purchased a new stake in WABCO during the 2nd quarter valued at about $118,000. Point72 Asia Hong Kong Ltd purchased a new stake in WABCO during the 1st quarter valued at about $170,000. Finally, Zions Bancorporation purchased a new stake in WABCO during the 2nd quarter valued at about $154,000.

WABCO Company Profile (NYSE:WBC)

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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