Zacks Research Issues Positive Estimate for WAB Earnings

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Free Report) - Investment analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of Westinghouse Air Brake Technologies in a note issued to investors on Tuesday, March 4th. Zacks Research analyst M. Basu now forecasts that the transportation company will earn $1.91 per share for the quarter, up from their previous forecast of $1.81. The consensus estimate for Westinghouse Air Brake Technologies' current full-year earnings is $8.54 per share. Zacks Research also issued estimates for Westinghouse Air Brake Technologies' Q2 2025 earnings at $2.05 EPS, FY2025 earnings at $8.42 EPS, Q1 2026 earnings at $2.15 EPS, Q2 2026 earnings at $2.40 EPS, FY2026 earnings at $9.44 EPS and FY2027 earnings at $10.39 EPS.

Several other research firms also recently commented on WAB. KeyCorp raised their price objective on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, November 13th. StockNews.com lowered Westinghouse Air Brake Technologies from a "buy" rating to a "hold" rating in a research note on Monday, March 3rd. Bank of America upped their price objective on shares of 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. Finally, Stephens reissued an "overweight" rating and set a $220.00 target price on shares of Westinghouse Air Brake Technologies in a research report on Thursday, February 13th. Three investment 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, the company presently has an average rating of "Moderate Buy" and a consensus target price of $206.33.

Remove Ads

Westinghouse Air Brake Technologies Trading Down 2.2 %

Shares of NYSE:WAB traded down $3.91 during trading on Thursday, reaching $175.38. 1,488,924 shares of the company were exchanged, compared to its average volume of 1,040,087. The business's fifty day simple moving average is $194.78 and its 200-day simple moving average is $189.56. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.30 and a quick ratio of 0.69. Westinghouse Air Brake Technologies has a 12-month low of $139.12 and a 12-month high of $210.88. The firm has a market capitalization of $29.96 billion, a PE ratio of 29.08, a P/E/G ratio of 1.50 and a beta of 1.31.

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The transportation company reported $1.68 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a return on equity of 12.78% and a net margin of 10.17%.

Westinghouse Air Brake Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a $0.25 dividend. This is a boost from Westinghouse Air Brake Technologies's previous quarterly dividend of $0.20. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date was Friday, February 21st. Westinghouse Air Brake Technologies's dividend payout ratio (DPR) is currently 16.58%.

Insider Transactions at Westinghouse Air Brake Technologies

In other Westinghouse Air Brake Technologies news, CEO Rafael Santana sold 886 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $182.34, for a total value of $161,553.24. Following the completion of the sale, the chief executive officer now directly owns 176,295 shares in the company, valued at $32,145,630.30. This trade represents a 0.50 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.10% of the company's stock.

Institutional Trading of Westinghouse Air Brake Technologies

Institutional investors have recently made changes to their positions in the business. iA Global Asset Management Inc. raised its stake in Westinghouse Air Brake Technologies by 21.5% in the third quarter. iA Global Asset Management Inc. now owns 18,613 shares of the transportation company's stock valued at $3,383,000 after buying an additional 3,288 shares during the last quarter. Longboard Asset Management LP acquired a new position in shares of Westinghouse Air Brake Technologies during the fourth quarter valued at about $252,000. BNP Paribas Financial Markets raised its position in shares of Westinghouse Air Brake Technologies by 5.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 278,729 shares of the transportation company's stock valued at $50,665,000 after purchasing an additional 13,683 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Westinghouse Air Brake Technologies in the 3rd quarter worth approximately $7,128,000. Finally, Pacer Advisors Inc. grew its position in Westinghouse Air Brake Technologies by 88.8% during the 4th quarter. Pacer Advisors Inc. now owns 31,811 shares of the transportation company's stock worth $6,031,000 after purchasing an additional 14,959 shares during the last quarter. Institutional investors and hedge funds own 91.69% 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.