Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) is expected to release its earnings data before the market opens on Wednesday, April 23rd. Analysts expect Westinghouse Air Brake Technologies to post earnings of $2.01 per share and revenue of $2.61 billion for the quarter. Westinghouse Air Brake Technologies has set its FY 2025 guidance at 8.350-8.750 EPS.Individual that wish to register for the company's earnings conference call can do so using this link.
Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) last released its earnings results on Wednesday, February 12th. The transportation company reported $1.68 EPS for the quarter, missing analysts' consensus estimates 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%. On average, analysts expect Westinghouse Air Brake Technologies to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Westinghouse Air Brake Technologies Price Performance
Shares of NYSE:WAB traded up $1.34 on Friday, reaching $171.05. 927,151 shares of the company traded hands, compared to its average volume of 1,121,893. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.30 and a quick ratio of 0.69. The stock has a market capitalization of $29.24 billion, a PE ratio of 28.37, a P/E/G ratio of 1.50 and a beta of 1.14. The company's 50 day moving average is $179.68 and its 200-day moving average is $190.57. Westinghouse Air Brake Technologies has a fifty-two week low of $143.22 and a fifty-two week high of $210.88.
Westinghouse Air Brake Technologies Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.58%. This is an increase from Westinghouse Air Brake Technologies's previous quarterly dividend of $0.20. The ex-dividend date was Friday, February 21st. Westinghouse Air Brake Technologies's dividend payout ratio is currently 16.58%.
Analysts Set New Price Targets
A number of research firms have commented on WAB. StockNews.com lowered shares of Westinghouse Air Brake Technologies from a "buy" rating to a "hold" rating in a research note on Monday, March 3rd. Stephens reaffirmed an "overweight" rating and issued a $220.00 price objective on shares of Westinghouse Air Brake Technologies in a research note on Thursday, February 13th. Bank of America increased their target price 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. Finally, JPMorgan Chase & Co. started coverage on Westinghouse Air Brake Technologies in a research report on Thursday, April 10th. They issued a "neutral" rating and a $175.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Westinghouse Air Brake Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $201.86.
Get Our Latest Report on Westinghouse Air Brake Technologies
Insider Buying and Selling at Westinghouse Air Brake Technologies
In other news, CEO Rafael Santana sold 886 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $182.34, for a total transaction of $161,553.24. Following the completion of the sale, the chief executive officer now directly owns 176,295 shares of the company's stock, valued at $32,145,630.30. This trade represents a 0.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.10% of the company's stock.
About Westinghouse Air Brake Technologies
(
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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.
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