Westinghouse Air Brake Technologies (WAB) Expected to Announce Quarterly Earnings on Wednesday

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) is expected to announce its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $2.01 per share and revenue of $2.61 billion for the quarter. Westinghouse Air Brake Technologies has set its FY 2025 guidance at 8.350-8.750 EPS.Investors that wish to listen to the company's conference call can do so using this link.

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The transportation company reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a net margin of 10.17% and a return on equity of 12.78%. On average, analysts expect Westinghouse Air Brake Technologies to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Westinghouse Air Brake Technologies Stock Performance

Shares of NYSE:WAB traded up $1.34 during trading on Friday, hitting $171.05. 927,151 shares of the stock were exchanged, compared to its average volume of 1,122,287. The company's fifty day simple moving average is $179.68 and its 200-day simple moving average is $190.44. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.69 and a current ratio of 1.30. The company has a market capitalization of $29.24 billion, a price-to-earnings ratio of 28.37, a price-to-earnings-growth ratio of 1.50 and a beta of 1.14. Westinghouse Air Brake Technologies has a 1-year low of $143.22 and a 1-year high of $210.88.

Westinghouse Air Brake Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend was Friday, February 21st. This is a positive change from Westinghouse Air Brake Technologies's previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies's payout ratio is 16.58%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WAB. JPMorgan Chase & Co. assumed coverage on shares of Westinghouse Air Brake Technologies in a research note on Thursday, April 10th. They issued a "neutral" rating and a $175.00 target price on the stock. Stephens reiterated an "overweight" rating and issued a $220.00 price objective on shares of Westinghouse Air Brake Technologies in a research note on Thursday, February 13th. Bank of America raised their target price on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the stock a "buy" rating in a research report on Wednesday, January 15th. Finally, StockNews.com cut Westinghouse Air Brake Technologies from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $201.86.

Insiders Place Their Bets

In other Westinghouse Air Brake Technologies news, CEO Rafael Santana sold 886 shares of the business's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $185.07, for a total value of $163,972.02. Following the completion of the transaction, the chief executive officer now directly owns 201,558 shares of the company's stock, valued at approximately $37,302,339.06. The trade was a 0.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company's stock.

Westinghouse Air Brake Technologies Company Profile

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.