Westinghouse Air Brake Technologies (NYSE:WAB) Issues Earnings Results

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) announced its earnings results on Wednesday. The transportation company reported $1.68 EPS for the quarter, missing analysts' consensus estimates of $1.74 by ($0.06), Zacks reports. Westinghouse Air Brake Technologies had a return on equity of 12.52% and a net margin of 10.25%. Westinghouse Air Brake Technologies updated its FY 2025 guidance to 8.350-8.750 EPS.

Westinghouse Air Brake Technologies Stock Performance

NYSE:WAB traded down $8.34 during midday trading on Friday, hitting $188.14. The company's stock had a trading volume of 1,949,399 shares, compared to its average volume of 817,563. Westinghouse Air Brake Technologies has a fifty-two week low of $132.77 and a fifty-two week high of $210.88. The firm's 50 day moving average is $198.65 and its 200-day moving average is $186.47. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.30 and a quick ratio of 0.65. The firm has a market cap of $32.34 billion, a P/E ratio of 31.36, a P/E/G ratio of 1.33 and a beta of 1.27.

Westinghouse Air Brake Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from Westinghouse Air Brake Technologies's previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies's dividend payout ratio is 13.33%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WAB. Susquehanna upped their price objective on shares of Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a "positive" rating in a report on Monday, October 21st. KeyCorp upped their price objective on shares of Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, November 13th. The Goldman Sachs Group upped their price objective on shares of Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a "neutral" rating in a report on Thursday, October 24th. Bank of America upped their price objective on shares of Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a "buy" rating in a report on Wednesday, January 15th. Finally, Stephens restated an "overweight" rating and set a $220.00 price objective on shares of Westinghouse Air Brake Technologies in a report on Thursday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $206.33.

About Westinghouse Air Brake Technologies

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.