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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Better Than Oil Stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Better Than Oil Stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Better Than Oil Stocks (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
NYSE:WAB

Westinghouse Air Brake Technologies (WAB) Stock Forecast, Price & News

$106.27
-1.10 (-1.02%)
(As of 09/29/2023 ET)
Compare
Today's Range
$106.19
$107.80
50-Day Range
$105.40
$119.18
52-Week Range
$80.67
$119.70
Volume
807,747 shs
Average Volume
690,753 shs
Market Capitalization
$19.03 billion
P/E Ratio
28.49
Dividend Yield
0.64%
Price Target
$125.71

Westinghouse Air Brake Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.3% Upside
$125.71 Price Target
Short Interest
Healthy
1.12% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.09mentions of Westinghouse Air Brake Technologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$15.63 M Sold Last Quarter
Proj. Earnings Growth
11.09%
From $5.68 to $6.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Transportation Sector

64th out of 119 stocks

Railroad Equipment Industry

2nd out of 4 stocks


WAB stock logo

About Westinghouse Air Brake Technologies (NYSE:WAB) Stock

Westinghouse Air Brake Technologies Corporation provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. The company operates in two segments, Freight and Transit. The Freight segment manufactures and services components for freight cars and locomotives; builds, rebuilds, upgrades, and overhauls locomotives; supplies railway electronics, positive train control equipment, and signal design and engineering services; services locomotives and freight cars; and provides heat exchange and cooling systems, and components and digital solutions. It serves publicly traded railroads; leasing companies; manufacturers of original equipment; and utilities. The Transit segment offers components for new and existing passenger transit vehicles, such as regional and 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. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company also provides electronically controlled pneumatic braking products; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; track and switch products; railway and freight braking equipment and related components; friction products; access and platform screen doors; pantographs; energy measuring systems; auxiliary power converter and battery charging products; antifire systems; passenger information systems and CCTV; signaling and railway electric relays; sanitation systems; window assemblies; accessibility lifts and ramps for buses; and electric charging solutions for buses and electric ferries. In addition, it offers freight locomotive overhaul, modernizations, and refurbishment services. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

WAB Price History

WAB Stock News Headlines

Markets Are Loving These Stocks 'Firing On All Cylinders' (WAB)
These are the three stocks pumping out growth left and right, which is exactly what markets are looking for in this lackluster economy.
JetBlue (JBLU) Tweaks Q3 View on Lower Bookings, ATC Issues
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Here's Why You Should Avoid Knight-Swift (KNX) Stock Now
Wabtec Announces Third Quarter 2023 Earnings Release Date
Here's Why You Should Add Wabtec (WAB) to Your Portfolio
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Wabtec Comment on Progress Rail Complaint
Analyst Expectations for Westinghouse Air Brake's Future
See More Headlines
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WAB Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/28 Dividend
8/11/2023
Dividend Payable
8/28/2023
Today
9/30/2023
Next Earnings (Confirmed)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Railroad equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
92974010
Employees
27,000
Year Founded
1869

Price Target and Rating

Average Stock Price Forecast
$125.71
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$108.00
Forecasted Upside/Downside
+18.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$633 million
Pretax Margin
10.23%

Debt

Sales & Book Value

Annual Sales
$8.99 billion
Cash Flow
$7.16 per share
Book Value
$55.79 per share

Miscellaneous

Free Float
176,915,000
Market Cap
$19.03 billion
Optionable
Optionable
Beta
1.51

Social Links

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Key Executives

  • Mr. Rafael O. SantanaMr. Rafael O. Santana (Age 51)
    CEO, Pres & Director
    Comp: $3.49M
  • Mr. John A. OlinMr. John A. Olin (Age 62)
    Exec. VP & CFO
    Comp: $1.61M
  • Mr. Eric GebhardtMr. Eric Gebhardt (Age 55)
    Exec. VP & Chief Technology Officer
    Comp: $1.34M
  • Mr. David L. DeNinnoMr. David L. DeNinno (Age 67)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.26M
  • Mr. Pascal Schweitzer (Age 46)
    Pres of Wabtec Transit
    Comp: $1.31M
  • Mr. Greg A. Sbrocco (Age 54)
    Exec. VP of Global Operations
  • Mr. John A. Mastalerz Jr. (Age 56)
    Sr. VP of Fin. & Chief Accounting Officer
  • Rick Smith
    Chief Information Officer
  • Ms. Kristine Elizabeth Kubacki C.F.A. (Age 48)
    VP of Investor Relations
  • Ms. Gina Trombley (Age 52)
    Exec. VP of Sales & Marketing and Chief Commercial Officer of Americas













WAB Stock - Frequently Asked Questions

Should I buy or sell Westinghouse Air Brake Technologies stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WAB shares.
View WAB analyst ratings
or view top-rated stocks.

What is Westinghouse Air Brake Technologies' stock price forecast for 2023?

8 Wall Street research analysts have issued 1-year price objectives for Westinghouse Air Brake Technologies' stock. Their WAB share price forecasts range from $108.00 to $135.00. On average, they predict the company's share price to reach $125.71 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for WAB
or view top-rated stocks among Wall Street analysts.

How have WAB shares performed in 2023?

Westinghouse Air Brake Technologies' stock was trading at $99.81 at the beginning of the year. Since then, WAB stock has increased by 6.5% and is now trading at $106.27.
View the best growth stocks for 2023 here
.

When is Westinghouse Air Brake Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our WAB earnings forecast
.

How can I listen to Westinghouse Air Brake Technologies' earnings call?

Westinghouse Air Brake Technologies will be holding an earnings conference call on Wednesday, October 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7429760".

How were Westinghouse Air Brake Technologies' earnings last quarter?

Westinghouse Air Brake Technologies Co. (NYSE:WAB) posted its quarterly earnings data on Thursday, July, 27th. The transportation company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.08. The transportation company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.22 billion. Westinghouse Air Brake Technologies had a net margin of 7.54% and a trailing twelve-month return on equity of 9.33%. The firm's quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 EPS.
Read the conference call transcript
.

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 Thursday, July 20th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.17 per share on Monday, August 28th. This represents a $0.68 annualized dividend and a yield of 0.64%. The ex-dividend date is Friday, August 11th.
Read our dividend analysis for WAB
.

Is Westinghouse Air Brake Technologies a good dividend stock?

Westinghouse Air Brake Technologies (NYSE:WAB) pays an annual dividend of $0.68 per share and currently has a dividend yield of 0.64%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WAB will have a dividend payout ratio of 10.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WAB.

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

Westinghouse Air Brake Technologies issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of $5.50-$5.80 for the period, compared to the consensus EPS estimate of $5.40. The company issued revenue guidance of $9.25 billion-$9.50 billion, compared to the consensus revenue estimate of $8.88 billion.

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

26 employees have rated Westinghouse Air Brake Technologies Chief Executive Officer Rafael Santana on Glassdoor.com. Rafael Santana has an approval rating of 71% among the company's employees.

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), Walt Disney (DIS), Intel (INTC), 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."

How do I buy shares of Westinghouse Air Brake Technologies?

Shares of WAB stock 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 $106.27.

How much money does Westinghouse Air Brake Technologies make?

Westinghouse Air Brake Technologies (NYSE:WAB) has a market capitalization of $19.03 billion and generates $8.99 billion in revenue each year. The transportation company earns $633 million in net income (profit) each year or $3.73 on an earnings per share basis.

How many employees does Westinghouse Air Brake Technologies have?

The company 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.
Read More
How can I contact Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies' mailing address is 30 ISABELLA STREET, PITTSBURGH PA, 15212. The official website for the company is www.wabtec.com. The transportation company can be reached via phone at (412) 825-1000, via email at kristine.kubacki@wabtec.com, or via fax at 412-825-1019.

This page (NYSE:WAB) was last updated on 9/30/2023 by MarketBeat.com Staff

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