WABCO Holdings Inc. (NYSE:WBC) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $101.23 and last traded at $103.45, with a volume of 49660 shares. The stock had previously closed at $110.00.

A number of research analysts have issued reports on WBC shares. Mizuho started coverage on shares of WABCO in a report on Thursday, June 28th. They issued a “neutral” rating and a $130.00 price target for the company. ValuEngine cut shares of WABCO from a “sell” rating to a “strong sell” rating in a report on Monday, July 2nd. Zacks Investment Research cut shares of WABCO from a “buy” rating to a “hold” rating in a report on Saturday, July 7th. BMO Capital Markets reaffirmed a “hold” rating and issued a $135.00 price target on shares of WABCO in a report on Thursday, July 19th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $160.00 price target on shares of WABCO in a report on Friday, July 20th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $145.92.

The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.07 and a current ratio of 2.48. The firm has a market capitalization of $6.24 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 1.05 and a beta of 1.82.

WABCO (NYSE:WBC) last issued its earnings results on Thursday, October 18th. The auto parts company reported $1.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.69 by $0.09. WABCO had a net margin of 11.77% and a return on equity of 34.37%. The firm had revenue of $914.80 million during the quarter, compared to analysts’ expectations of $932.66 million. During the same quarter last year, the company posted $1.71 earnings per share. The firm’s revenue was up 10.5% compared to the same quarter last year. As a group, analysts anticipate that WABCO Holdings Inc. will post 7.5 earnings per share for the current fiscal year.

Several institutional investors have recently modified their holdings of WBC. SG Americas Securities LLC purchased a new position in shares of WABCO during the second quarter worth $106,000. Fort L.P. purchased a new position in shares of WABCO during the second quarter worth $118,000. Zions Bancorporation purchased a new position in shares of WABCO during the second quarter worth $154,000. CIBC World Markets Inc. purchased a new position in shares of WABCO during the first quarter worth $214,000. Finally, Quantitative Systematic Strategies LLC purchased a new position in shares of WABCO during the second quarter worth $248,000.

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.

Further Reading: What does earnings per share mean?

Receive News & Ratings for WABCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WABCO and related companies with MarketBeat.com's FREE daily email newsletter.