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Last $116.74 USD
Change Today +0.41 / 0.35%
Volume 244.3K
WBC On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

wabco holdings inc (WBC) Snapshot

Open
$115.94
Previous Close
$116.33
Day High
$117.14
Day Low
$115.58
52 Week High
04/22/15 - $133.31
52 Week Low
10/15/14 - $85.22
Market Cap
6.8B
Average Volume 10 Days
397.7K
EPS TTM
$5.62
Shares Outstanding
57.9M
EX-Date
04/27/09
P/E TM
20.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for WABCO HOLDINGS INC (WBC)

wabco holdings inc (WBC) Related Businessweek News

No Related Businessweek News Found

wabco holdings inc (WBC) Details

WABCO Holdings Inc., together with its subsidiaries, provides electronic, mechanical, and mechatronic products for commercial truck, trailer, bus, and passenger car manufacturers worldwide. It develops, manufactures, and sells control systems, including braking, stability, suspension, transmission automation, and air compression and processing systems primarily for commercial vehicles. The company offers pneumatic anti-lock braking systems, electronic braking systems, electronic stability control systems, automated manual transmission systems, and air disc brakes; and various conventional mechanical products, such as actuators, air compressors, and air control valves for heavy and medium-sized trucks, trailers, and buses. It also supplies electronic suspension controls and vacuum pumps to the passenger car and sport utility vehicles markets. In addition, the company provides replacement parts, diagnostic tools, training, remanufacturing, and other services to commercial vehicle aftermarket distributors, repair shops, and fleet operators. It serves truck and bus original equipment manufacturers (OEMs), trailer OEMs, and automotive OEMs, as well as commercial vehicle aftermarket distributors of replacement parts and services. The company was founded in 1869 and is headquartered in Brussels, Belgium.

11,409 Employees
Last Reported Date: 02/19/15
Founded in 1869

wabco holdings inc (WBC) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.1M
Chief Financial Officer
Total Annual Compensation: $526.4K
President of Truck Bus & Car Original Equipme...
Total Annual Compensation: $417.3K
President of Trailer Systems, Aftermarket & O...
Total Annual Compensation: $379.0K
Vice President of Mergers & Acquisitions and ...
Total Annual Compensation: $372.8K
Compensation as of Fiscal Year 2014.

wabco holdings inc (WBC) Key Developments

WABCO Enters into Several Long-Term Supply Agreements with JMCH

WABCO announced that it has entered into several long-term supply agreements with JMCH. WABCO's new business involves wheel-end solutions, including air-disc brakes, as well as conventional brake valves, other brake components and clutch servo technology. WABCO will support two new and separate platforms for the customer's different brands of medium- and heavy-duty trucks. Series production is planned to begin in three years for the Chinese market and expected export to Southeast Asia. WABCO China further differentiated its offering for this customer through highly cost-effective wheel-end solutions specially designed to satisfy local market requirements. Among other vehicle safety and efficiency technologies, WABCO will supply JMCH with MAXX(TM) air disc brakes (ADB) - the performing single-piston ADB for commercial vehicles. Superbly engineered and compactly designed, WABCO's MAXX air disc brake technology fits any wheel size from 17.5 to 22.5 inches across light-, medium- and heavy-duty applications for trucks, buses and trailers. As a result, WABCO's game-changing MAXX braking technology fits virtually every wheel size of commercial vehicles around the globe. In addition to utilizing its engineering and production capabilities in China, WABCO is serving JMCH by leveraging WABCO's global engineering, supply chain and manufacturing resources in Europe, Turkey and Brazil.

WABCO Holdings Inc. Appoints Jon Morrison as President for its Americas Business Unit

WABCO Holdings Inc. announced that it has appointed Jon Morrison as President for its Americas Business Unit. Morrison is a 30-year veteran of the global transportation industry. Prior to his current role, Morrison served as President, North America for American Axle &Manufacturing, and before that he held the position of Vice President, Vehicle Dynamics and Controls with WABCO. From 2006 to 2014, Morrison served as President and General Manager of Meritor WABCO. Morrison also takes an active role to support industry associations and organizations. He is currently a member of the Heavy Duty Manufacturers Association (HDMA) and its Heavy Duty Business Forum.

WABCO Holdings Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Full Year Ending December 31, 2015

WABCO Holdings Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company announced sales of $661.1 million compared to $735.0 million for the same period a year ago. Operating income was $80.6 million compared to $90.4 million for the same period a year ago. Income before income taxes was $86.8 million compared to $95.8 million for the same period a year ago. Net income including non-controlling interests was $68.3 million compared to $77.9 million for the same period a year ago. Net income attributable to company was $65.8 million compared to $75.0 million for the same period a year ago. Net income per common share, diluted was $1.12 compared to $1.23 for the same period a year ago. Net cash provided by operating activities was $78.5 million compared to $116.7 million for the same period a year ago. Purchases of property, plant and equipment was $24.7 million compared to $24.5 million for the same period a year ago. Investments in capitalized software were $2.9 million compared to $3.4 million for the same period a year ago. Adjusted sales were $782.4 million compared to $735.0 million for the same period a year ago. Adjusted operating income was $108.6 million compared to $98.2 million for the same period a year ago. Performance net income attributable to company was $81.7 million compared to $86.6 million for the same period a year ago. Performance net income attributable to company per diluted common share was $1.40 compared to $1.42 for the same period a year ago. Performance EBIT (earnings before interest and taxes) was $96.7 million compared to $100.7 million for the same period a year ago. Performance pre-tax income was $95.8 million compared to $100.8 million for the same period a year ago. Free cash flow was $50.9 million compared to $88.8 million for the same period a year ago. For the six months, the company announced sales of $1,313.3 million compared to $1,464.5 million for the same period a year ago. Operating income was $166.1 million compared to $174.6 million for the same period a year ago. Income before income taxes was $180.1 million compared to $183.5 million for the same period a year ago. Net income including non-controlling interests was $143.1 million compared to $149.8 million for the same period a year ago. Net income attributable to company was $137.7 million compared to $144.4 million for the same period a year ago. Net income per common share, diluted was $2.35 compared to $2.35 for the same period a year ago. Net cash provided by operating activities was $165.0 million compared to $162.7 million for the same period a year ago. Purchases of property, plant and equipment was $37.7 million compared to $44.0 million for the same period a year ago. Investments in capitalized software were $5.8 million compared to $7.1 million for the same period a year ago. Adjusted sales were $1,539.6 million compared to $1,464.5 million for the same period a year ago. Adjusted operating income was $137 million compared to $218.8 million for the same period a year ago. Performance EBIT was $194.4 million compared to $193.8 million for the same period a year ago. Performance pre-tax income was $192.8 million compared to $194.0 million for the same period a year ago. Performance net income attributable to company was $164.8 million compared to $165.9 million for the same period a year ago. Performance net income attributable to company per diluted common share was $2.81 compared to $2.70 for the same period a year ago. Free cash flow was $121.5 million compared to $111.6 million for the same period a year ago. The company revised earnings guidance for the full year ending December 31, 2015. The company expects full year 2015 sales growth to now range from 6% to 9% versus previous guidance from 5% to 10% in local currencies. The company expects its performance operating margin to now range from 14.0% to 14.5% versus previous guidance from 14.2% to 15.1% and operating margin on a U.S. GAAP basis to now range from 12.9% to 13.4% versus previous guidance from 13.0% to 13.9%. The company expects its diluted EPS on a performance basis to now range from $5.60 to $5.85 versus previous guidance from $5.60 to $6.00 and diluted EPS on a U.S. GAAP basis to now range from $4.89 to $5.14 versus previous guidance from $4.86 to $5.26. In addition, the company reiterates that it expects in 2015 to convert between 80% and 90% of its performance net income attributable to the company into free cash flow, excluding payments associated with items for streamlining. Net income attributable to company expected to be between $283.3 million and $297.8 million, performance net income attributable to company expected to be between $324.8 million compared to $339.3 million for the same period a year ago.

 

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WBC

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Valuation WBC Industry Range
Price/Earnings 24.2x
Price/Sales 2.5x
Price/Book 8.2x
Price/Cash Flow 23.8x
TEV/Sales 2.1x
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