Westinghouse Air Brake Technologies Corporation Company Profile (NYSE:WAB)

About Westinghouse Air Brake Technologies Corporation (NYSE:WAB)

Westinghouse Air Brake Technologies Corporation logoWestinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global freight and transit rail industries. The Company's segments include the Freight Segment and the Transit Segment. The Freight Segment primarily manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, and provides related heat exchange and cooling systems. The Transit Segment primarily manufactures and services components for new and existing passenger transit vehicles, typically regional trains, high speed trains, subway cars, light-rail vehicles and buses, builds new commuter locomotives, refurbishes subway cars, provides heating, ventilation, and air conditioning equipment, and doors for buses and subways.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Locomotive Engines & Rolling Stock
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Symbol: NYSE:WAB
  • CUSIP: 92974010
  • Web: www.wabtec.com
Capitalization:
  • Market Cap: $7.37829 billion
  • Outstanding Shares: 95,984,000
Average Prices:
  • 50 Day Moving Avg: $74.32
  • 200 Day Moving Avg: $79.69
  • 52 Week Range: $69.20 - $93.81
P/E:
  • Trailing P/E Ratio: 27.05
  • Foreward P/E Ratio: 18.17
  • P/E Growth: 3.92
Sales & Book Value:
  • Annual Revenue: $3.28 billion
  • Price / Sales: 2.25
  • Book Value: $26.74 per share
  • Price / Book: 2.87
Dividend:
  • Annual Dividend: $0.48
  • Dividend Yield: 0.6%
Profitability:
  • EBITDA: $567.31 million
  • Net Margins: 8.10%
  • Return on Equity: 13.07%
  • Return on Assets: 5.62%
Debt:
  • Debt-to-Equity Ratio: 0.75%
  • Current Ratio: 1.58%
  • Quick Ratio: 1.08%
Misc:
  • Average Volume: 873,800 shs.
  • Beta: 1.06
  • Short Ratio: 23.9
 

Frequently Asked Questions for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)

What is Westinghouse Air Brake Technologies Corporation's stock symbol?

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

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

Westinghouse Air Brake Technologies Corporation announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Monday, August 14th will be paid a dividend of $0.12 per share on Monday, August 28th. 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, August 10th. This is an increase from Westinghouse Air Brake Technologies Corporation's previous quarterly dividend of $0.10. View Westinghouse Air Brake Technologies Corporation's Dividend History.

How were Westinghouse Air Brake Technologies Corporation's earnings last quarter?

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) announced its quarterly earnings data on Tuesday, July, 25th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.94 by $0.14. The firm earned $932.25 million during the quarter, compared to analysts' expectations of $1 billion. Westinghouse Air Brake Technologies Corporation had a return on equity of 13.07% and a net margin of 8.10%. The company's quarterly revenue was up 28.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 earnings per share. View Westinghouse Air Brake Technologies Corporation's Earnings History.

When will Westinghouse Air Brake Technologies Corporation make its next earnings announcement?

Westinghouse Air Brake Technologies Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Westinghouse Air Brake Technologies Corporation.

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

Westinghouse Air Brake Technologies Corporation updated its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $3.55-3.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.02. The company issued revenue guidance of ~$3.85 billion, compared to the consensus revenue estimate of $4.04 billion.

Where is Westinghouse Air Brake Technologies Corporation's stock going? Where will Westinghouse Air Brake Technologies Corporation's stock price be in 2017?

10 analysts have issued 1-year price objectives for Westinghouse Air Brake Technologies Corporation's shares. Their predictions range from $74.00 to $104.00. On average, they anticipate Westinghouse Air Brake Technologies Corporation's share price to reach $89.14 in the next year. View Analyst Ratings for Westinghouse Air Brake Technologies Corporation.

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

Who are Westinghouse Air Brake Technologies Corporation's key executives?

Westinghouse Air Brake Technologies Corporation's management team includes the folowing people:

  • Albert J. Neupaver, Executive Chairman of the Board
  • Raymond T. Betler, President, Chief Executive Officer, Director
  • Emilio A. Fernandez, Independent Vice Chairman of the Board
  • Patrick D. Dugan, Chief Financial Officer, Executive Vice President -Finance
  • John A. Mastalerz, Principal Accounting Officer, Vice President - Finance, Corporate Controller
  • Stephane Rambaud-Measson, Chief Operating Officer, Executive Vice President, Director
  • David L. DeNinno, Executive Vice President, General Counsel, Secretary
  • Scott E. Wahlstrom, Executive Vice President - Human Resources
  • R. Mark Cox, Executive Vice President - Corporate Development
  • Guillaume Bouhours, Senior Vice President and Chief Financial Officer - Transit Segment

Who owns Westinghouse Air Brake Technologies Corporation stock?

Westinghouse Air Brake Technologies Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Mountain Pacific Investment Advisers Inc. ID (0.25%), Harvey Investment Co. LLC (0.19%), Tandem Investment Advisors Inc. (0.07%) and PGGM Investments (0.07%). Company insiders that own Westinghouse Air Brake Technologies Corporation stock include Albert J Neupaver, Brian Hehir and Steeg Nickolas Vande. View Institutional Ownership Trends for Westinghouse Air Brake Technologies Corporation.

Who sold Westinghouse Air Brake Technologies Corporation stock? Who is selling Westinghouse Air Brake Technologies Corporation stock?

Westinghouse Air Brake Technologies Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments and Mountain Pacific Investment Advisers Inc. ID. Company insiders that have sold Westinghouse Air Brake Technologies Corporation stock in the last year include Albert J Neupaver and Brian Hehir. View Insider Buying and Selling for Westinghouse Air Brake Technologies Corporation.

Who bought Westinghouse Air Brake Technologies Corporation stock? Who is buying Westinghouse Air Brake Technologies Corporation stock?

Westinghouse Air Brake Technologies Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Harvey Investment Co. LLC and Tandem Investment Advisors Inc.. View Insider Buying and Selling for Westinghouse Air Brake Technologies Corporation.

How do I buy Westinghouse Air Brake Technologies Corporation stock?

Shares of Westinghouse Air Brake Technologies Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Westinghouse Air Brake Technologies Corporation's stock price today?

One share of Westinghouse Air Brake Technologies Corporation stock can currently be purchased for approximately $76.87.


MarketBeat Community Rating for Westinghouse Air Brake Technologies Corporation (NYSE WAB)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  168 (Vote Outperform)
Underperform Votes:  176 (Vote Underperform)
Total Votes:  344
MarketBeat's community ratings are surveys of what our community members think about Westinghouse Air Brake Technologies Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Westinghouse Air Brake Technologies Corporation (NYSE:WAB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $89.14 (15.97% upside)
Consensus Price Target History for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Price Target History for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Analysts' Ratings History for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/17/2017KeyCorpReiterated RatingBuy$100.00MediumView Rating Details
9/12/2017Stifel NicolausReiterated RatingHold$74.00LowView Rating Details
9/7/2017Berenberg BankInitiated CoverageHold -> Hold$81.00LowView Rating Details
8/14/2017Deutsche Bank AGSet Price TargetHold$90.00 -> $85.00MediumView Rating Details
7/26/2017Edward JonesDowngradeBuy -> HoldHighView Rating Details
7/26/2017FBR & CoLower Price TargetMarket Perform$100.00 -> $85.00HighView Rating Details
6/21/2017Buckingham ResearchInitiated CoverageBuy$104.00LowView Rating Details
4/26/2017Wolfe ResearchDowngradeOutperform -> Market PerformHighView Rating Details
4/7/2017Wellington ShieldsUpgradeHold -> Gradually AccumulateMediumView Rating Details
12/21/2016William BlairUpgradeMarket Perform -> Outperform$95.00N/AView Rating Details
10/26/2016Longbow ResearchDowngradeBuy -> NeutralN/AView Rating Details
7/25/2016WunderlichLower Price TargetBuy$115.00 -> $100.00N/AView Rating Details
2/19/2016Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$71.00 -> $73.00N/AView Rating Details
11/16/2015Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$82.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Earnings by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Earnings History by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE WAB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$1.03N/AView Earnings Details
7/25/2017Q2$0.94$0.80$1.00 billion$932.25 millionViewN/AView Earnings Details
4/25/2017Q1$0.83$0.84$982.67 million$916.00 millionViewN/AView Earnings Details
2/21/2017Q4$0.94$0.81$784.15 million$760.00 millionViewListenView Earnings Details
10/25/2016Q316$0.99$0.94$720.85 million$676.00 millionViewListenView Earnings Details
7/25/2016Q216$1.08$1.05$806.48 million$724.00 millionViewListenView Earnings Details
4/26/2016Q116$1.00$1.02$801.20 million$772.00 millionViewListenView Earnings Details
2/18/2016Q415$1.05$1.05$837.15 million$832.80 millionViewListenView Earnings Details
10/22/2015Q315$1.04$1.02$846.71 million$810.00 millionViewListenView Earnings Details
7/23/2015Q215$1.01$1.04$813.83 million$847.00 millionViewListenView Earnings Details
4/22/2015Q115$0.95$0.99$801.80 million$818.60 millionViewN/AView Earnings Details
2/18/2015Q414$0.94$0.95$806.24 million$821.00 millionViewN/AView Earnings Details
10/28/2014Q314$0.89$0.93$750.33 million$797.00 millionViewListenView Earnings Details
7/24/2014Q214$0.87$0.91$737.90 million$731.00 millionViewListenView Earnings Details
4/23/2014Q114$0.81$0.83$687.42 million$695.00 millionViewListenView Earnings Details
2/19/2014Q413$0.79$0.76$693.60 million$681.48 millionViewListenView Earnings Details
10/24/2013Q313$0.76$0.76$653.52 million$631.10 millionViewListenView Earnings Details
7/25/2013Q2 2013$0.74$0.77$648.81 million$638.00 millionViewListenView Earnings Details
4/24/2013Q1 2013$1.40$1.44$638.80 million$615.51 millionViewListenView Earnings Details
2/19/2013Q4 2012$1.31$1.34$609.87 million$610.40 millionViewListenView Earnings Details
10/23/2012$1.28$1.30ViewN/AView Earnings Details
7/24/2012$1.23$1.33ViewN/AView Earnings Details
4/24/2012$1.20$1.22ViewN/AView Earnings Details
2/21/2012$0.96$0.96ViewN/AView Earnings Details
10/25/2011$0.88$0.96ViewN/AView Earnings Details
7/26/2011$0.85$0.94ViewN/AView Earnings Details
4/26/2011$0.80$0.85ViewN/AView Earnings Details
2/22/2011$0.63$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
2017 EPS Consensus Estimate: $3.69
2018 EPS Consensus Estimate: $4.08
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.80$0.85$0.83
Q2 20172$0.94$0.95$0.95
Q3 20173$0.85$0.85$0.85
Q4 20173$1.06$1.08$1.07
Q1 20181$0.80$0.80$0.80
Q2 20181$1.06$1.06$1.06
Q3 20181$1.02$1.02$1.02
Q4 20181$1.20$1.20$1.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Most Recent Dividend:8/28/2017
Annual Dividend:$0.48
Dividend Yield:0.62%
Dividend Growth:29.10% (3 Year Average)
Payout Ratio:16.84% (Trailing 12 Months of Earnings)
13.56% (Based on This Year's Estimates)
11.35% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)

Dividend History by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE WAB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/10/2017Quarterly$0.128/10/20178/14/20178/28/2017
4/13/2017Quarterly$0.105/10/20175/12/20175/26/2017
1/26/2017Quarterly$0.102/8/20172/10/20172/24/2017
10/28/2016Quarterly$0.1011/9/201611/14/201611/28/2016
5/12/2016Quarterly$0.108/11/20168/15/20168/29/2016
4/19/2016Quarterly$0.085/11/20165/13/20165/27/2016
1/26/2016Quarterly$0.082/10/20162/12/20162/26/2016
10/29/2015Quarterly$0.0811/12/201511/16/201511/30/2015
5/14/2015quarterly$0.080.32%8/13/20158/17/20158/31/2015
4/29/2015quarterly$0.060.25%5/13/20155/15/20155/29/2015
2/3/2015$0.062/11/20152/13/20152/27/2015
10/15/2014quarterly$0.060.32%11/12/201411/14/201411/28/2014
5/15/2014quarterly$0.060.32%8/13/20148/15/20148/29/2014
4/30/2014quarterly$0.040.21%5/14/20145/16/20145/30/2014
1/31/2014quarterly$0.040.22%2/12/20142/14/20142/28/2014
10/25/2013quarterly$0.040.24%11/13/201311/15/201311/29/2013
5/14/2013quarterly$0.048/16/20138/30/2013
5/1/2013quarterly$0.050.19%5/15/20135/17/20135/31/2013
1/28/2013quarterly$0.050.22%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Insider Ownership Percentage: 11.69%
Insider Trades by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Institutional Ownership by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Insider Trades by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Brian HehirDirectorSell2,234$80.11$178,965.74View SEC Filing  
4/28/2017Albert J NeupaverInsiderSell60,000$84.67$5,080,200.00View SEC Filing  
2/27/2017Brian HehirDirectorSell1,500$80.73$121,095.00View SEC Filing  
11/10/2015Steeg Nickolas VandeDirectorBuy6,470$77.38$500,648.60View SEC Filing  
8/28/2015Patrick D. DuganVPSell13,530$96.67$1,307,945.10View SEC Filing  
8/25/2015Raymond T BetlerCEOSell4,200$93.88$394,296.00View SEC Filing  
8/19/2015Charles F KovacSVPSell11,500$100.93$1,160,695.00View SEC Filing  
8/17/2015Brian HehirDirectorSell1,500$100.89$151,335.00View SEC Filing  
5/27/2015David M SeitzVPSell5,000$100.79$503,950.00View SEC Filing  
2/23/2015Karl-Heinz ColmerVPSell7,666$95.12$729,189.92View SEC Filing  
11/24/2014David M SeitzVPSell6,000$90.87$545,220.00View SEC Filing  
11/3/2014Charles F KovacSVPSell12,000$86.84$1,042,080.00View SEC Filing  
8/26/2014David M SeitzVPSell4,000$84.18$336,720.00View SEC Filing  
8/25/2014Robert J BrooksDirectorSell30,000$84.16$2,524,800.00View SEC Filing  
8/25/2014Scott WahlstromVPSell18,000$84.46$1,520,280.00View SEC Filing  
8/21/2014R Mark CoxVPSell19,875$84.15$1,672,481.25View SEC Filing  
5/29/2014Michael W D HowellDirectorSell1,000$77.88$77,880.00View SEC Filing  
5/21/2014Robert BrooksDirectorSell4,000$74.62$298,480.00View SEC Filing  
5/8/2014Karl-Heinz ColmerVPSell5,252$74.75$392,587.00View SEC Filing  
2/28/2014David MeyerVPSell7,426$79.51$590,441.26View SEC Filing  
2/28/2014William KasslingDirectorSell24,500$79.06$1,936,970.00View SEC Filing  
2/27/2014David SeitzVPSell4,400$78.50$345,400.00View SEC Filing  
2/27/2014William KasslingDirectorSell40,500$78.80$3,191,400.00View SEC Filing  
2/26/2014Albert NeupaverDirectorSell108,000$78.61$8,489,880.00View SEC Filing  
2/26/2014Karl-Heinz ColmerVPSell12,000$78.61$943,320.00View SEC Filing  
2/26/2014Raymond BetlerCOOSell23,966$78.61$1,883,967.26View SEC Filing  
2/24/2014Brian HehirDirectorSell3,000$79.69$239,070.00View SEC Filing  
2/24/2014Timothy WesleyVPSell5,326$78.15$416,226.90View SEC Filing  
11/19/2013Brian HehirDirectorSell1,000$67.63$67,630.00View SEC Filing  
11/18/2013Robert BourgVPSell8,000$81.70$653,600.00View SEC Filing  
11/18/2013Tunon Alvaro GarciaCFOSell1,824$68.11$124,232.64View SEC Filing  
11/15/2013Tunon Alvaro GarciaCFOSell28,000$66.79$1,870,120.00View SEC Filing  
11/4/2013Tunon Alvaro GarciaCFOSell9,340$66.05$616,907.00View SEC Filing  
8/29/2013William KasslingDirectorSell24,000$59.13$1,419,120.00View SEC Filing  
8/27/2013Lee Foster IIDirectorSell8,000$58.47$467,760.00View SEC Filing  
8/26/2013William KasslingDirectorSell1,000$59.75$59,750.00View SEC Filing  
8/23/2013Steeg Nickolas VandeDirectorSell16,000$59.46$951,360.00View SEC Filing  
8/22/2013William KasslingDirectorSell61,845$59.56$3,683,488.20View SEC Filing  
8/21/2013William KasslingDirectorSell28,155$58.65$1,651,290.75View SEC Filing  
8/16/2013William KasslingDirectorSell10,000$58.15$581,500.00View SEC Filing  
8/12/2013Brian HehirDirectorSell2,000$58.91$117,820.00View SEC Filing  
8/9/2013Tunon Alvaro GarciaCFOSell79,500$58.68$4,665,060.00View SEC Filing  
5/31/2013Lee B Foster IIDirectorSell6,000$110.94$665,640.00View SEC Filing  
5/30/2013David M SeitzVPSell7,000$110.20$771,400.00View SEC Filing  
5/30/2013Robert J BrooksDirectorSell40,000$110.25$4,410,000.00View SEC Filing  
5/23/2013Albert J NeupaverDirectorSell60,000$109.08$6,544,800.00View SEC Filing  
5/22/2013Tunon Alvaro GarciaCFOSell30,000$110.36$3,310,800.00View SEC Filing  
5/21/2013Tunon Alvaro GarciaCFOSell29,780$110.26$3,283,542.80View SEC Filing  
5/20/2013Michael W D HowellDirectorSell8,000$111.18$889,440.00View SEC Filing  
5/17/2013Karl-Heinz ColmerVPSell2,456$112.13$275,391.28View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
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Westinghouse Air Brake Technologies Corporation (WAB) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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