Wabtec (NYSE:WAB) Updates FY 2025 Earnings Guidance

Wabtec (NYSE:WAB - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 8.550-9.150 for the period, compared to the consensus earnings per share estimate of 8.717. The company issued revenue guidance of $10.9 billion-$11.2 billion, compared to the consensus revenue estimate of $10.9 billion.

Analyst Upgrades and Downgrades

WAB has been the subject of several analyst reports. KeyCorp restated an "overweight" rating and set a $240.00 price target (up from $220.00) on shares of Wabtec in a research report on Tuesday, June 24th. Morgan Stanley raised their target price on shares of Wabtec from $220.00 to $226.00 and gave the company an "overweight" rating in a research note on Monday. Bank of America raised their price target on shares of Wabtec from $231.00 to $236.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Susquehanna raised their price target on shares of Wabtec from $210.00 to $235.00 and gave the company a "positive" rating in a research report on Friday. Finally, JPMorgan Chase & Co. raised their price target on shares of Wabtec from $175.00 to $194.00 and gave the company a "neutral" rating in a research report on Thursday, April 24th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Wabtec has an average rating of "Moderate Buy" and an average price target of $221.71.

Wabtec Price Performance

NYSE WAB traded down $1.38 on Monday, reaching $195.84. The company had a trading volume of 560,075 shares, compared to its average volume of 1,044,072. The company has a quick ratio of 1.05, a current ratio of 1.76 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $33.51 billion, a PE ratio of 29.23, a price-to-earnings-growth ratio of 1.58 and a beta of 1.12. The firm's 50 day moving average price is $206.16 and its 200 day moving average price is $194.28. Wabtec has a 12 month low of $147.66 and a 12 month high of $216.10.

Wabtec (NYSE:WAB - Get Free Report) last posted its earnings results on Thursday, July 24th. The transportation company reported $2.27 earnings per share for the quarter, topping analysts' consensus estimates of $2.18 by $0.09. Wabtec had a net margin of 10.92% and a return on equity of 13.65%. The firm had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the previous year, the firm posted $1.96 EPS. The business's quarterly revenue was up 2.3% on a year-over-year basis. As a group, equities analysts predict that Wabtec will post 8.54 earnings per share for the current year.

Wabtec Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.00 annualized dividend and a yield of 0.51%. Wabtec's dividend payout ratio (DPR) is 14.93%.

Insider Transactions at Wabtec

In other news, CTO Eric Gebhardt sold 6,151 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $202.39, for a total value of $1,244,900.89. Following the completion of the sale, the chief technology officer owned 18,697 shares of the company's stock, valued at approximately $3,784,085.83. This represents a 24.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Rogerio Mendonca sold 4,033 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $200.04, for a total transaction of $806,761.32. Following the transaction, the insider owned 11,535 shares of the company's stock, valued at approximately $2,307,461.40. This trade represents a 25.91% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 99,474 shares of company stock worth $19,283,505. Insiders own 1.10% of the company's stock.

Wabtec 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.