Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.8%. By the end of trading, Wabco Holdings Incorporated rose $0.86 (1.0%) to $85.75 on average volume. Throughout the day, 432,245 shares of Wabco Holdings Incorporated exchanged hands as compared to its average daily volume of 411,500 shares. The stock ranged in a price between $84.80-$85.84 after having opened the day at $85.04 as compared to the previous trading day's close of $84.89. Other companies within the Automotive industry that increased today were:
), up 7.0%,
), up 4.8%,
), up 4.5% and
), up 4.1%.
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WABCO Holdings Inc., together with its subsidiaries, provides electronic, mechanical, and mechatronic products for commercial truck, trailer, bus, and passenger car manufacturers worldwide. Wabco Holdings Incorporated has a market cap of $5.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 30.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Wabco Holdings Incorporated a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Wabco Holdings Incorporated
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Wabco Holdings Incorporated Ratings Report.
On the negative front,
), down 2.4% and
), down 1.6%.
- Use our automotive section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
) while those bearish on the automotive industry could consider
- Find other investment ideas from our top rated ETFs lists.