Westinghouse Air Brake Technologies (WAB) Projected to Post Earnings on Wednesday

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $1.74 per share and revenue of $2.62 billion for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Westinghouse Air Brake Technologies Price Performance

Shares of NYSE:WAB traded down $0.66 on Friday, hitting $206.84. The company had a trading volume of 523,845 shares, compared to its average volume of 817,563. The company has a current ratio of 1.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.34. Westinghouse Air Brake Technologies has a 52-week low of $131.33 and a 52-week high of $210.88. The business has a 50 day moving average of $199.07 and a 200 day moving average of $185.11. The company has a market cap of $35.55 billion, a PE ratio of 34.47, a PEG ratio of 1.33 and a beta of 1.27.

Westinghouse Air Brake Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be given a dividend of $0.25 per share. This is an increase from Westinghouse Air Brake Technologies's previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a yield of 0.48%. Westinghouse Air Brake Technologies's dividend payout ratio is 13.33%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WAB. Stephens increased their target price on Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Susquehanna upped their price target on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the stock a "positive" rating in a research note on Monday, October 21st. Bank of America upped their price target on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the stock a "buy" rating in a research note on Wednesday, January 15th. KeyCorp upped their price target on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 13th. Finally, The Goldman Sachs Group upped their price target on Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the stock a "neutral" rating in a research note on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $188.50.

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.