Westinghouse Air Brake Technologies (NYSE:WAB) Issues FY 2025 Earnings Guidance

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 8.350-8.950 for the period, compared to the consensus earnings per share estimate of 8.540. The company issued revenue guidance of $10.7 billion-$11.0 billion, compared to the consensus revenue estimate of $11.0 billion.

Analyst Ratings Changes

Several brokerages have recently weighed in on WAB. Bank of America raised their price objective on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a "buy" rating in a report on Wednesday, January 15th. StockNews.com cut shares of Westinghouse Air Brake Technologies from a "buy" rating to a "hold" rating in a report on Monday, March 3rd. JPMorgan Chase & Co. lifted their price target on Westinghouse Air Brake Technologies from $175.00 to $194.00 and gave the stock a "neutral" rating in a report on Thursday. Stephens reissued an "overweight" rating and set a $220.00 price target on shares of Westinghouse Air Brake Technologies in a research report on Thursday, February 13th. Finally, Susquehanna decreased their price target on shares of Westinghouse Air Brake Technologies from $218.00 to $210.00 and set a "positive" rating on the stock in a report on Thursday. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $211.83.

Westinghouse Air Brake Technologies Trading Down 1.1 %

NYSE:WAB traded down $1.96 during trading hours on Monday, reaching $182.08. The company's stock had a trading volume of 228,042 shares, compared to its average volume of 1,105,649. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.69 and a current ratio of 1.30. Westinghouse Air Brake Technologies has a 1 year low of $147.66 and a 1 year high of $210.88. The firm has a 50-day simple moving average of $178.49 and a 200-day simple moving average of $190.40. The firm has a market capitalization of $31.13 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 1.50 and a beta of 1.14.

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The transportation company reported $2.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.25. The firm had revenue of $2.61 billion for the quarter, compared to analysts' expectations of $2.61 billion. Westinghouse Air Brake Technologies had a return on equity of 12.78% and a net margin of 10.17%. The business's revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.89 earnings per share. Research analysts expect that Westinghouse Air Brake Technologies will post 8.54 EPS for the current fiscal year.

Westinghouse Air Brake Technologies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were paid a $0.25 dividend. This is an increase from Westinghouse Air Brake Technologies's previous quarterly dividend of $0.20. This represents a $1.00 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Friday, February 21st. Westinghouse Air Brake Technologies's dividend payout ratio is presently 15.67%.

Insider Buying and Selling at Westinghouse Air Brake Technologies

In related news, CEO Rafael Santana sold 886 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $185.07, for a total value of $163,972.02. Following the sale, the chief executive officer now owns 201,558 shares in the company, valued at $37,302,339.06. This represents a 0.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 1.10% 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.