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NYSE:WAB

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

$182.27
0.00 (0.00%)
(As of 09/27/2024 ET)

About Westinghouse Air Brake Technologies Stock (NYSE:WAB)

Key Stats

Today's Range
$181.21
$183.71
50-Day Range
$150.01
$182.27
52-Week Range
$98.70
$184.11
Volume
1.23 million shs
Average Volume
1.11 million shs
Market Capitalization
$31.93 billion
P/E Ratio
35.60
Dividend Yield
0.44%
Price Target
$163.90
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
84th Percentile Overall Score

WAB MarketRank™: 

Westinghouse Air Brake Technologies scored higher than 84% of companies evaluated by MarketBeat, and ranked 34th out of 131 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 1 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 11.26% in the coming year, from $7.46 to $8.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Westinghouse Air Brake Technologies is 35.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Westinghouse Air Brake Technologies is 35.60, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 21.88.

  • Price to Earnings Growth Ratio

    Westinghouse Air Brake Technologies has a PEG Ratio of 1.50. 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 3.10. 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

    1.54% 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 2.2, 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 decreased by 8.87%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Westinghouse Air Brake Technologies has a dividend yield of 0.44%, 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 15.63%. 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 9.64% 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

    1.54% 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 2.2, 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 decreased by 8.87%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Westinghouse Air Brake Technologies has a news sentiment score of 0.59. 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 7 news articles for Westinghouse Air Brake Technologies this week, compared to 4 articles on an average week.
  • Search Interest

    5 people have searched for WAB on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Westinghouse Air Brake Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% 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 $2,754,390.00 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

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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 shares have increased by 43.6% and is now trading at $182.27.
View the best growth stocks for 2024 here
.

Westinghouse Air Brake Technologies Co. (NYSE:WAB) posted its earnings results on Wednesday, July, 24th. The transportation company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.08. Westinghouse Air Brake Technologies's revenue for the quarter was up 9.8% compared to the same quarter last year.
Read the conference call transcript
.

Westinghouse Air Brake Technologies subsidiaries include these companies: 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 shareholders include Rhumbline Advisers (0.19%), Border to Coast Pensions Partnership Ltd (0.11%), WASHINGTON TRUST Co (0.08%) and Nicholas Company Inc. (0.07%). 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 General Electric (GE), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA) and Pfizer (PFE).

Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/28 Dividend
8/14/2024
Dividend Payable
8/28/2024
Today
9/28/2024
Next Earnings (Confirmed)
10/23/2024
Fiscal Year End
12/31/2024

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
$163.90
High Stock Price Target
$190.00
Low Stock Price Target
$135.00
Potential Upside/Downside
-10.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$815 million
Pretax Margin
13.19%

Debt

Sales & Book Value

Annual Sales
$9.68 billion
Cash Flow
$8.69 per share
Book Value
$58.73 per share

Miscellaneous

Free Float
174,445,000
Market Cap
$31.93 billion
Optionable
Optionable
Beta
1.27

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This page (NYSE:WAB) was last updated on 9/28/2024 by MarketBeat.com Staff
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