WABCO Holdings Inc. (NYSE:WBC) hit a new 52-week low on Thursday . The stock traded as low as $109.30 and last traded at $109.11, with a volume of 40628 shares trading hands. The stock had previously closed at $112.03.

Several equities research analysts have weighed in on WBC shares. Bank of America lowered their target price on shares of WABCO from $148.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, September 14th. Morgan Stanley set a $135.00 target price on shares of WABCO and gave the company a “buy” rating in a research note on Thursday, September 13th. Stifel Nicolaus set a $159.00 target price on shares of WABCO and gave the company a “buy” rating in a research note on Friday, July 20th. Royal Bank of Canada restated a “buy” rating and issued a $160.00 target price on shares of WABCO in a research note on Friday, July 20th. Finally, Piper Jaffray Companies set a $153.00 target price on shares of WABCO and gave the company a “buy” rating in a research note on Wednesday, September 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $148.83.

The company has a market cap of $6.24 billion, a price-to-earnings ratio of 15.72, a P/E/G ratio of 1.05 and a beta of 1.82. The company has a current ratio of 2.48, a quick ratio of 2.07 and a debt-to-equity ratio of 0.67.

WABCO (NYSE:WBC) last posted its quarterly earnings data on Thursday, July 19th. The auto parts company reported $2.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.90 by $0.10. WABCO had a net margin of 11.77% and a return on equity of 34.37%. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $989.16 million. During the same period in the previous year, the firm posted $1.69 earnings per share. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. On average, research analysts forecast that WABCO Holdings Inc. will post 7.5 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Daiwa SB Investments Ltd. lifted its stake in shares of WABCO by 9.1% during the third quarter. Daiwa SB Investments Ltd. now owns 5,970 shares of the auto parts company’s stock worth $704,000 after buying an additional 500 shares during the period. Aurora Investment Counsel acquired a new stake in shares of WABCO during the third quarter worth $1,607,000. Midas Management Corp acquired a new stake in shares of WABCO during the third quarter worth $1,533,000. Northern Trust Corp lifted its stake in shares of WABCO by 4.2% during the second quarter. Northern Trust Corp now owns 321,676 shares of the auto parts company’s stock worth $37,642,000 after buying an additional 12,846 shares during the period. Finally, Andra AP fonden lifted its stake in shares of WABCO by 46.1% during the second quarter. Andra AP fonden now owns 48,500 shares of the auto parts company’s stock worth $5,675,000 after buying an additional 15,300 shares during the period.

About WABCO (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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