Wabtec (WAB) Projected to Post Quarterly Earnings on Thursday

Wabtec (NYSE:WAB - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect Wabtec to post earnings of $2.17 per share and revenue of $2.76 billion for the quarter. Wabtec has set its FY 2025 guidance at 8.350-8.950 EPS.

Wabtec (NYSE:WAB - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.25. Wabtec had a net margin of 10.53% and a return on equity of 13.35%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same period in the previous year, the business earned $1.89 EPS. Wabtec's revenue for the quarter was up 4.5% compared to the same quarter last year. On average, analysts expect Wabtec to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Wabtec Stock Performance

WAB traded down $0.84 on Friday, reaching $211.86. The company had a trading volume of 813,745 shares, compared to its average volume of 1,056,752. The company's fifty day moving average is $205.84 and its 200 day moving average is $193.69. Wabtec has a fifty-two week low of $147.66 and a fifty-two week high of $216.10. The stock has a market cap of $36.25 billion, a P/E ratio of 33.21, a P/E/G ratio of 1.51 and a beta of 1.12. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.73 and a current ratio of 1.34.

Wabtec Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 14th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend is Thursday, August 14th. Wabtec's payout ratio is 15.67%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. The Goldman Sachs Group restated a "neutral" rating and issued a $201.00 price target (up from $175.00) on shares of Wabtec in a report on Wednesday, April 23rd. Bank of America lifted their price objective on shares of Wabtec from $231.00 to $236.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Wall Street Zen raised shares of Wabtec from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Susquehanna reduced their price objective on shares of Wabtec from $218.00 to $210.00 and set a "positive" rating for the company in a research note on Thursday, April 24th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Wabtec from $175.00 to $194.00 and gave the company a "neutral" rating in a research note on Thursday, April 24th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $216.83.

Insider Buying and Selling

In other news, CEO Rafael Santana sold 886 shares of the firm's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $213.35, for a total value of $189,028.10. Following the sale, the chief executive officer directly owned 141,186 shares in the company, valued at approximately $30,122,033.10. This trade represents a 0.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Eric Gebhardt sold 6,151 shares of the stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $202.39, for a total transaction of $1,244,900.89. Following the completion of the transaction, the chief technology officer directly owned 18,697 shares of the company's stock, valued at $3,784,085.83. The trade was a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 103,474 shares of company stock valued at $20,022,025 in the last three months. Corporate insiders own 1.10% of the company's stock.

About Wabtec

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.