Wabco Reaches New 52-Week High (WBC)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Wabco Holdings Incorporated (NYSE: WBC) hit a new 52-week high Wednesday as it is currently trading at $74.97, above its previous 52-week high of $74.94 with 410,032 shares traded as of 4:02 p.m. ET. Average volume has been 549,500 shares over the past 30 days.

Wabco has a market cap of $4.58 billion and is part of the consumer goods sector and automotive industry. Shares are up 14.1% year to date as of the close of trading on Tuesday.

WABCO Holdings Inc., together with its subsidiaries, provides electronic, mechanical, and mechatronic products for commercial truck, trailer, bus, and passenger car manufacturers worldwide. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Wabco as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Wabco Ratings Report.

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