NYSE:WAB

Westinghouse Air Brake Technologies Stock Forecast, Price & News

$77.63
-0.20 (-0.26 %)
(As of 06/18/2021 04:33 PM ET)
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Today's Range
$76.30
$78.12
50-Day Range
$77.72
$85.55
52-Week Range
$55.59
$86.81
Volume2.12 million shs
Average Volume1.34 million shs
Market Capitalization$14.67 billion
P/E Ratio35.61
Dividend Yield0.62%
Beta1.66
30 days | 90 days | 365 days | Advanced Chart
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Westinghouse Air Brake Technologies logo

About Westinghouse Air Brake Technologies

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. It serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, it offers railway braking equipment and related components; friction products; new commuter and switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul and refurbishment services. Further, the company provides doors for buses and subway cars; platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. Westinghouse Air Brake Technologies Corporation was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

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MarketRank

Overall MarketRank

2.03 out of 5 stars

Transportation Sector

31st out of 249 stocks

Railroad Equipment Industry

3rd out of 7 stocks

Analyst Opinion: 2.4Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Westinghouse Air Brake Technologies (NYSE:WAB) Frequently Asked Questions

Is Westinghouse Air Brake Technologies a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Westinghouse Air Brake Technologies stock.
View analyst ratings for Westinghouse Air Brake Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than Westinghouse Air Brake Technologies?

Wall Street analysts have given Westinghouse Air Brake Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Westinghouse Air Brake Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies saw a increase in short interest in May. As of May 28th, there was short interest totaling 4,600,000 shares, an increase of 24.7% from the May 13th total of 3,690,000 shares. Based on an average daily trading volume, of 1,320,000 shares, the short-interest ratio is currently 3.5 days. Approximately 2.5% of the company's shares are short sold.
View Westinghouse Air Brake Technologies' Short Interest
.

When is Westinghouse Air Brake Technologies' next earnings date?

Westinghouse Air Brake Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Westinghouse Air Brake Technologies
.

How were Westinghouse Air Brake Technologies' earnings last quarter?

Westinghouse Air Brake Technologies Co. (NYSE:WAB) issued its quarterly earnings results on Wednesday, April, 28th. The transportation company reported $0.89 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.86 by $0.03. The transportation company earned $1.83 billion during the quarter, compared to analyst estimates of $1.82 billion. Westinghouse Air Brake Technologies had a net margin of 5.57% and a trailing twelve-month return on equity of 6.97%.
View Westinghouse Air Brake Technologies' earnings history
.

How has Westinghouse Air Brake Technologies' stock price been impacted by COVID-19?

Westinghouse Air Brake Technologies' stock was trading at $56.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WAB stock has increased by 38.4% and is now trading at $77.65.
View which stocks have been most impacted by COVID-19
.

How often does Westinghouse Air Brake Technologies pay dividends? What is the dividend yield for Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies announced a quarterly dividend on Wednesday, March 10th. Shareholders of record on Friday, May 7th will be given a dividend of $0.12 per share on Friday, May 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Thursday, May 6th.
View Westinghouse Air Brake Technologies' dividend history
.

Is Westinghouse Air Brake Technologies a good dividend stock?

Westinghouse Air Brake Technologies pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.60%. Westinghouse Air Brake Technologies does not yet have a strong track record of dividend growth. The dividend payout ratio of Westinghouse Air Brake Technologies is 12.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Westinghouse Air Brake Technologies will have a dividend payout ratio of 9.84% next year. This indicates that Westinghouse Air Brake Technologies will be able to sustain or increase its dividend.
View Westinghouse Air Brake Technologies' dividend history.

How will Westinghouse Air Brake Technologies' stock buyback program work?

Westinghouse Air Brake Technologies announced that its board has approved a stock repurchase program on Tuesday, February 18th 2020, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

What guidance has Westinghouse Air Brake Technologies issued on next quarter's earnings?

Westinghouse Air Brake Technologies issued an update on its FY 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share guidance of 4.050-4.300 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.140. The company issued revenue guidance of $7.70 billion-$7.90 billion, compared to the consensus revenue estimate of $7.82 billion.

What price target have analysts set for WAB?

6 analysts have issued 12 month target prices for Westinghouse Air Brake Technologies' shares. Their forecasts range from $80.00 to $95.00. On average, they anticipate Westinghouse Air Brake Technologies' stock price to reach $87.00 in the next year. This suggests a possible upside of 12.0% from the stock's current price.
View analysts' price targets for Westinghouse Air Brake Technologies
or view top-rated stocks among Wall Street analysts.

Who are Westinghouse Air Brake Technologies' key executives?

Westinghouse Air Brake Technologies' management team includes the following people:
  • Mr. Rafael O. Santana, CEO, Pres & Director (Age 49, Pay $5.21M)
  • Mr. Patrick D. Dugan, Exec. VP of Fin. & CFO (Age 55, Pay $1.16M)
  • Mr. David L. DeNinno, Exec. VP, Gen. Counsel & Sec. (Age 65, Pay $1.01M)
  • Ms. Nicole B. Theophilus, Exec. VP & Chief HR Officer (Age 51, Pay $283.4k)
  • Mr. Pascal Schweitzer, Pres of Global Freight Services (Age 44, Pay $1.79M)
  • Mr. Greg A. Sbrocco, Sr. VP of Global Operations (Age 52)
  • Mr. John A. Mastalerz Jr., Sr. VP of Fin. & Chief Accounting Officer (Age 54)
  • Mr. Eric Gebhardt, Exec. VP & Chief Technology Officer (Age 53)
  • Ms. Kristine Elizabeth Kubacki C.F.A., CFA, VP of Investor Relations
  • Mr. Michael E. Fetsko III, Pres of Freight & Industrial Components (Age 55)

What is Rafael Santana's approval rating as Westinghouse Air Brake Technologies' CEO?

26 employees have rated Westinghouse Air Brake Technologies CEO Rafael Santana on Glassdoor.com. Rafael Santana has an approval rating of 71% among Westinghouse Air Brake Technologies' employees.

Who are some of Westinghouse Air Brake Technologies' key competitors?

What other stocks do shareholders of Westinghouse Air Brake Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westinghouse Air Brake Technologies investors own include General Electric (GE), Johnson & Johnson (JNJ), The Walt Disney (DIS), Intel (INTC), Honeywell International (HON), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), CVS Health (CVS) and Verizon Communications (VZ).

What is Westinghouse Air Brake Technologies' stock symbol?

Westinghouse Air Brake Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAB."

Who are Westinghouse Air Brake Technologies' major shareholders?

Westinghouse Air Brake Technologies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (4.35%), Rhumbline Advisers (0.15%), Nicholas Company Inc. (0.09%), WASHINGTON TRUST Co (0.07%), Perpetual Investment Management Ltd (0.07%) and State of Tennessee Treasury Department (0.05%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, Electric Co General, Erwan Faiveley, John A Mastalerz Jr, Linda S Harty, Michael W D Howell, Nalin Jain and William E Kassling.
View institutional ownership trends for Westinghouse Air Brake Technologies
.

Which major investors are selling Westinghouse Air Brake Technologies stock?

WAB stock was sold by a variety of institutional investors in the last quarter, including Cumberland Partners Ltd, Banco Bilbao Vizcaya Argentaria S.A., Cibc World Markets Corp, Rhumbline Advisers, Beddow Capital Management Inc., Caisse DE Depot ET Placement DU Quebec, State of Tennessee Treasury Department, and Gabelli Funds LLC. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Albert J Neupaver, Erwan Faiveley, John A Mastalerz Jr, and Nalin Jain.
View insider buying and selling activity for Westinghouse Air Brake Technologies
or view top insider-selling stocks.

Which major investors are buying Westinghouse Air Brake Technologies stock?

WAB stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, BNP Paribas Arbitrage SA, Nicholas Company Inc., Mengis Capital Management Inc., Greenleaf Trust, Forsta AP Fonden, WASHINGTON TRUST Co, and Perpetual Investment Management Ltd. Company insiders that have bought Westinghouse Air Brake Technologies stock in the last two years include Linda S Harty, and William E Kassling.
View insider buying and selling activity for Westinghouse Air Brake Technologies
or or view top insider-buying stocks.

How do I buy shares of Westinghouse Air Brake Technologies?

Shares of WAB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Westinghouse Air Brake Technologies' stock price today?

One share of WAB stock can currently be purchased for approximately $77.65.

How much money does Westinghouse Air Brake Technologies make?

Westinghouse Air Brake Technologies has a market capitalization of $14.68 billion and generates $7.56 billion in revenue each year. The transportation company earns $414.40 million in net income (profit) each year or $3.79 on an earnings per share basis.

How many employees does Westinghouse Air Brake Technologies have?

Westinghouse Air Brake Technologies employs 27,000 workers across the globe.

Does Westinghouse Air Brake Technologies have any subsidiaries?

The following companies are subsidiares of Westinghouse Air Brake Technologies: A M Rail Group Limited, A M Signalling Design Limited, A and M Signalling Services Private Limited, AM General Contractors SpA, ANNAX GmbH, Aero Transportation Products Inc, Annax (Suzhou) Rail Systems Co. Ltd, Annax GmbH, Annax Scheiz AG, Ateliers Hubert Gerken S.A., Austbreck Pty Ltd., Barber Steel Foundry Corp., Barber Tian Rui Railway Supply LLC, Bearward Engineering Limited, Becorit GmbH, Beijing Wabtec Huaxia Technology Company Ltd., Brecknell Willis & Co. Ltd., Brecknell Willis (Tianjin) Electrification Systems Co. Ltd., CZ-Carbon Prodcuts s.r.o., Cambridge Forming and Cutting Ltd., Changzhou CRRC GE Diesel Engine Company Limited., CoFren S.A.S., CoFren S.r.l., Coleman Hydraulics Limited, Datong Faiveley Railway Vehicle Equipment Co. Ltd., Deptol Limited, Durox Company, E-Carbon Asia Sdn. Bhd., E-Carbon China Co. Ltd., E-Carbon Far East Limited, E-Carbon Far East Ltd. Shanghai, E-Carbon H.K. Limited, E-Carbon S.A., East Erie Commercial Railroad, Electrical Carbon UK Limited, Evand Pty Ltd., Faiveley Rail Engineering Singapore Pte Ltd , Faiveley Transport Amiens, Faiveley Transport Asia Pacific Ltd., Faiveley Transport Australia Ltd., Faiveley Transport Birkenhead Ltd., Faiveley Transport Canada Inc., Faiveley Transport Chile Ltda., Faiveley Transport Czech a.s., Faiveley Transport DO Brasil Ltda., Faiveley Transport Far East Ltd, Faiveley Transport Holding Gmbh & co KG, Faiveley Transport Iberica SA, Faiveley Transport Italia Spa, and General Electric Transportation.

When was Westinghouse Air Brake Technologies founded?

Westinghouse Air Brake Technologies was founded in 1869.

What is Westinghouse Air Brake Technologies' official website?

The official website for Westinghouse Air Brake Technologies is www.wabtec.com.

Where are Westinghouse Air Brake Technologies' headquarters?

Westinghouse Air Brake Technologies is headquartered at 30 ISABELLA STREET, PITTSBURGH PA, 15212.

How can I contact Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies' mailing address is 30 ISABELLA STREET, PITTSBURGH PA, 15212. The transportation company can be reached via phone at 412-825-1000 or via email at [email protected]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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