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NYSE:WAB

Westinghouse Air Brake Technologies (WAB) Stock Price, News & Analysis

Westinghouse Air Brake Technologies logo
$196.13 +0.67 (+0.34%)
(As of 11/19/2024 ET)

About Westinghouse Air Brake Technologies Stock (NYSE:WAB)

Key Stats

Today's Range
$192.89
$196.20
50-Day Range
$164.79
$201.17
52-Week Range
$114.45
$202.84
Volume
614,097 shs
Average Volume
961,870 shs
Market Capitalization
$33.71 billion
P/E Ratio
32.69
Dividend Yield
0.41%
Price Target
$175.30
Consensus Rating
Moderate Buy

Company Overview

Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, train cruise controls, and train remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. In addition, it provides freight car trucks, braking equipment, and related components; air compressors and dryers; heat transfer components and systems; track and switch products; new commuter and switcher locomotives; and turbochargers. Further, the company offers freight locomotive overhauls, modernizations, and refurbishment services; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; and maintenance of way equipment and services. Additionally, it provides railway and freight braking equipment and related components; friction products, such as brake shoes, discs, and pads; heating, ventilation, and air conditioning equipment; access and platform screen doors; pantographs; auxiliary power converter and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Westinghouse Air Brake Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
76th Percentile Overall Score

WAB MarketRank™: 

Westinghouse Air Brake Technologies scored higher than 76% of companies evaluated by MarketBeat, and ranked 47th out of 132 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Westinghouse Air Brake Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Westinghouse Air Brake Technologies has only been the subject of 4 research reports in the past 90 days.

  • Read more about Westinghouse Air Brake Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Westinghouse Air Brake Technologies are expected to grow by 13.53% in the coming year, from $7.61 to $8.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Westinghouse Air Brake Technologies is 32.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.95.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Westinghouse Air Brake Technologies is 32.69, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.56.

  • Price to Earnings Growth Ratio

    Westinghouse Air Brake Technologies has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Westinghouse Air Brake Technologies has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Westinghouse Air Brake Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    1.19% of the float of Westinghouse Air Brake Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Westinghouse Air Brake Technologies has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Westinghouse Air Brake Technologies has recently increased by 9.78%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Westinghouse Air Brake Technologies has a dividend yield of 0.41%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Westinghouse Air Brake Technologies does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Westinghouse Air Brake Technologies is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Westinghouse Air Brake Technologies will have a dividend payout ratio of 9.26% next year. This indicates that Westinghouse Air Brake Technologies will be able to sustain or increase its dividend.

  • Read more about Westinghouse Air Brake Technologies' dividend.
  • Percentage of Shares Shorted

    1.19% of the float of Westinghouse Air Brake Technologies has been sold short.
  • Short Interest Ratio / Days to Cover

    Westinghouse Air Brake Technologies has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Westinghouse Air Brake Technologies has recently increased by 9.78%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Westinghouse Air Brake Technologies has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Westinghouse Air Brake Technologies this week, compared to 5 articles on an average week.
  • Search Interest

    Only 12 people have searched for WAB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Westinghouse Air Brake Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Westinghouse Air Brake Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,040,379.00 in company stock.

  • Percentage Held by Insiders

    Only 1.10% of the stock of Westinghouse Air Brake Technologies is held by insiders.

  • Percentage Held by Institutions

    91.69% of the stock of Westinghouse Air Brake Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Westinghouse Air Brake Technologies' insider trading history.
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WAB Stock News Headlines

Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners
Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…
Zacks Research Issues Negative Outlook for WAB Earnings
KeyBanc Remains a Buy on Westinghouse Air Brake Technologies (WAB)
Zacks Research Brokers Increase Earnings Estimates for WAB
See More Headlines

WAB Stock Analysis - Frequently Asked Questions

Westinghouse Air Brake Technologies' stock was trading at $126.90 at the start of the year. Since then, WAB stock has increased by 54.6% and is now trading at $196.13.
View the best growth stocks for 2024 here
.

Westinghouse Air Brake Technologies Co. (NYSE:WAB) released its quarterly earnings results on Wednesday, October, 23rd. The transportation company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.87 by $0.13. The firm's revenue was up 4.4% on a year-over-year basis.
Read the conference call transcript
.

Westinghouse Air Brake Technologies subsidiaries include General Electric Transportation, Annax GmbH, A and M Signalling Services Private Limited, Aero Transportation Products Inc, AM General Contractors SpA, A M Rail Group Limited, A M Signalling Design Limited, and others.

Westinghouse Air Brake Technologies' top institutional investors include Erste Asset Management GmbH (0.20%), BNP Paribas Financial Markets (0.16%), Border to Coast Pensions Partnership Ltd (0.11%) and WASHINGTON TRUST Co (0.08%). Insiders that own company stock include William E Kassling, Albert J Neupaver, Rafael Santana, David L Deninno, Michael Fetsko, Brian Hehir, Eric Gebhardt, Gregory Sbrocco, Nicole B Theophilus, Rogerio Mendonca, Pascal Schweitzer, John A Mastalerz Jr, Alicia Hammersmith, Kristine Kubacki and John A Olin.
View institutional ownership trends
.

Shares of WAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Westinghouse Air Brake Technologies investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

Ex-Dividend for 8/28 Dividend
8/14/2024
Dividend Payable
8/28/2024
Last Earnings
10/23/2024
Ex-Dividend for 11/27 Dividend
11/13/2024
Today
11/20/2024
Dividend Payable
11/27/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/12/2025

Industry, Sector and Symbol

Industry
Railroad equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
92974010
Employees
29,000
Year Founded
1869

Price Target and Rating

Average Stock Price Target
$175.30
High Stock Price Target
$220.00
Low Stock Price Target
$135.00
Potential Upside/Downside
-10.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$815 million
Pretax Margin
13.61%

Debt

Sales & Book Value

Annual Sales
$10.33 billion
Cash Flow
$8.65 per share
Book Value
$58.73 per share

Miscellaneous

Free Float
169,999,000
Market Cap
$33.71 billion
Optionable
Optionable
Beta
1.27

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This page (NYSE:WAB) was last updated on 11/20/2024 by MarketBeat.com Staff
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