About Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Westinghouse 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
- Market Cap: $7.37829 billion
- Outstanding Shares: 95,984,000
- 50 Day Moving Avg: $74.32
- 200 Day Moving Avg: $79.69
- 52 Week Range: $69.20 - $93.81
Sales & Book Value:
- Trailing P/E Ratio: 27.05
- Foreward P/E Ratio: 18.17
- P/E Growth: 3.92
- Annual Revenue: $3.28 billion
- Price / Sales: 2.25
- Book Value: $26.74 per share
- Price / Book: 2.87
- Annual Dividend: $0.48
- Dividend Yield: 0.6%
- EBITDA: $567.31 million
- Net Margins: 8.10%
- Return on Equity: 13.07%
- Return on Assets: 5.62%
- Debt-to-Equity Ratio: 0.75%
- Current Ratio: 1.58%
- Quick Ratio: 1.08%
- 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?
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?
Who are some of Westinghouse Air Brake Technologies Corporation's key competitors?
Some companies that are related to Westinghouse Air Brake Technologies Corporation include Deutsche Lufthansa AG (DLAKY), ANA Holdings (ALNPY), J.B. Hunt Transport Services (JBHT), Kansas City Southern (KSU), C.H. Robinson Worldwide (CHRW), Expeditors International of Washington (EXPD), Alaska Air Group (ALK), Keppel Corp. (KPELY), Old Dominion Freight Line (ODFL), Alstom ADR (ALSMY), Swire Pacific (SWRAY), LATAM Airlines Group S.A. (LTM), Zto Express (ZTO), XPO Logistics (XPO), Amerco (UHAL), International Consolidated Airlines Group SA (ICAGY), China Southern Airlines Company Limited (ZNH) and JetBlue Airways Corporation (JBLU).
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?
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?
MarketBeat Community Rating for Westinghouse Air Brake Technologies Corporation (NYSE WAB)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.
One share of Westinghouse Air Brake Technologies Corporation stock can currently be purchased for approximately $76.87.
Consensus Ratings for Westinghouse Air Brake Technologies Corporation (NYSE:WAB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/12/2017||Stifel Nicolaus||Reiterated Rating||Hold||$74.00||Low|
|9/7/2017||Berenberg Bank||Initiated Coverage||Hold -> Hold||$81.00||Low|
|8/14/2017||Deutsche Bank AG||Set Price Target||Hold||$90.00 -> $85.00||Medium|
|7/26/2017||Edward Jones||Downgrade||Buy -> Hold||High|
|7/26/2017||FBR & Co||Lower Price Target||Market Perform||$100.00 -> $85.00||High|
|6/21/2017||Buckingham Research||Initiated Coverage||Buy||$104.00||Low|
|4/26/2017||Wolfe Research||Downgrade||Outperform -> Market Perform||High|
|4/7/2017||Wellington Shields||Upgrade||Hold -> Gradually Accumulate||Medium|
|12/21/2016||William Blair||Upgrade||Market Perform -> Outperform||$95.00||N/A|
|10/26/2016||Longbow Research||Downgrade||Buy -> Neutral||N/A|
|7/25/2016||Wunderlich||Lower Price Target||Buy||$115.00 -> $100.00||N/A|
|2/19/2016||Goldman Sachs Group, Inc. (The)||Boost Price Target||Neutral||$71.00 -> $73.00||N/A|
|11/16/2015||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||$82.00||N/A|
Earnings History for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)Earnings History by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE WAB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2||$0.94||$0.80||$1.00 billion||$932.25 million||View||N/A|
|4/25/2017||Q1||$0.83||$0.84||$982.67 million||$916.00 million||View||N/A|
|2/21/2017||Q4||$0.94||$0.81||$784.15 million||$760.00 million||View||Listen|
|10/25/2016||Q316||$0.99||$0.94||$720.85 million||$676.00 million||View||Listen|
|7/25/2016||Q216||$1.08||$1.05||$806.48 million||$724.00 million||View||Listen|
|4/26/2016||Q116||$1.00||$1.02||$801.20 million||$772.00 million||View||Listen|
|2/18/2016||Q415||$1.05||$1.05||$837.15 million||$832.80 million||View||Listen|
|10/22/2015||Q315||$1.04||$1.02||$846.71 million||$810.00 million||View||Listen|
|7/23/2015||Q215||$1.01||$1.04||$813.83 million||$847.00 million||View||Listen|
|4/22/2015||Q115||$0.95||$0.99||$801.80 million||$818.60 million||View||N/A|
|2/18/2015||Q414||$0.94||$0.95||$806.24 million||$821.00 million||View||N/A|
|10/28/2014||Q314||$0.89||$0.93||$750.33 million||$797.00 million||View||Listen|
|7/24/2014||Q214||$0.87||$0.91||$737.90 million||$731.00 million||View||Listen|
|4/23/2014||Q114||$0.81||$0.83||$687.42 million||$695.00 million||View||Listen|
|2/19/2014||Q413||$0.79||$0.76||$693.60 million||$681.48 million||View||Listen|
|10/24/2013||Q313||$0.76||$0.76||$653.52 million||$631.10 million||View||Listen|
|7/25/2013||Q2 2013||$0.74||$0.77||$648.81 million||$638.00 million||View||Listen|
|4/24/2013||Q1 2013||$1.40||$1.44||$638.80 million||$615.51 million||View||Listen|
|2/19/2013||Q4 2012||$1.31||$1.34||$609.87 million||$610.40 million||View||Listen|
Earnings Estimates for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
2017 EPS Consensus Estimate: $3.69
2018 EPS Consensus Estimate: $4.08
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
|Most Recent Dividend:||8/28/2017|
|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 History by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE WAB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
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)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/15/2017||Brian Hehir||Director||Sell||2,234||$80.11||$178,965.74|| |
|4/28/2017||Albert J Neupaver||Insider||Sell||60,000||$84.67||$5,080,200.00|| |
|2/27/2017||Brian Hehir||Director||Sell||1,500||$80.73||$121,095.00|| |
|11/10/2015||Steeg Nickolas Vande||Director||Buy||6,470||$77.38||$500,648.60|| |
|8/28/2015||Patrick D. Dugan||VP||Sell||13,530||$96.67||$1,307,945.10|| |
|8/25/2015||Raymond T Betler||CEO||Sell||4,200||$93.88||$394,296.00|| |
|8/19/2015||Charles F Kovac||SVP||Sell||11,500||$100.93||$1,160,695.00|| |
|8/17/2015||Brian Hehir||Director||Sell||1,500||$100.89||$151,335.00|| |
|5/27/2015||David M Seitz||VP||Sell||5,000||$100.79||$503,950.00|| |
|2/23/2015||Karl-Heinz Colmer||VP||Sell||7,666||$95.12||$729,189.92|| |
|11/24/2014||David M Seitz||VP||Sell||6,000||$90.87||$545,220.00|| |
|11/3/2014||Charles F Kovac||SVP||Sell||12,000||$86.84||$1,042,080.00|| |
|8/26/2014||David M Seitz||VP||Sell||4,000||$84.18||$336,720.00|| |
|8/25/2014||Robert J Brooks||Director||Sell||30,000||$84.16||$2,524,800.00|| |
|8/25/2014||Scott Wahlstrom||VP||Sell||18,000||$84.46||$1,520,280.00|| |
|8/21/2014||R Mark Cox||VP||Sell||19,875||$84.15||$1,672,481.25|| |
|5/29/2014||Michael W D Howell||Director||Sell||1,000||$77.88||$77,880.00|| |
|5/21/2014||Robert Brooks||Director||Sell||4,000||$74.62||$298,480.00|| |
|5/8/2014||Karl-Heinz Colmer||VP||Sell||5,252||$74.75||$392,587.00|| |
|2/28/2014||David Meyer||VP||Sell||7,426||$79.51||$590,441.26|| |
|2/28/2014||William Kassling||Director||Sell||24,500||$79.06||$1,936,970.00|| |
|2/27/2014||David Seitz||VP||Sell||4,400||$78.50||$345,400.00|| |
|2/27/2014||William Kassling||Director||Sell||40,500||$78.80||$3,191,400.00|| |
|2/26/2014||Albert Neupaver||Director||Sell||108,000||$78.61||$8,489,880.00|| |
|2/26/2014||Karl-Heinz Colmer||VP||Sell||12,000||$78.61||$943,320.00|| |
|2/26/2014||Raymond Betler||COO||Sell||23,966||$78.61||$1,883,967.26|| |
|2/24/2014||Brian Hehir||Director||Sell||3,000||$79.69||$239,070.00|| |
|2/24/2014||Timothy Wesley||VP||Sell||5,326||$78.15||$416,226.90|| |
|11/19/2013||Brian Hehir||Director||Sell||1,000||$67.63||$67,630.00|| |
|11/18/2013||Robert Bourg||VP||Sell||8,000||$81.70||$653,600.00|| |
|11/18/2013||Tunon Alvaro Garcia||CFO||Sell||1,824||$68.11||$124,232.64|| |
|11/15/2013||Tunon Alvaro Garcia||CFO||Sell||28,000||$66.79||$1,870,120.00|| |
|11/4/2013||Tunon Alvaro Garcia||CFO||Sell||9,340||$66.05||$616,907.00|| |
|8/29/2013||William Kassling||Director||Sell||24,000||$59.13||$1,419,120.00|| |
|8/27/2013||Lee Foster II||Director||Sell||8,000||$58.47||$467,760.00|| |
|8/26/2013||William Kassling||Director||Sell||1,000||$59.75||$59,750.00|| |
|8/23/2013||Steeg Nickolas Vande||Director||Sell||16,000||$59.46||$951,360.00|| |
|8/22/2013||William Kassling||Director||Sell||61,845||$59.56||$3,683,488.20|| |
|8/21/2013||William Kassling||Director||Sell||28,155||$58.65||$1,651,290.75|| |
|8/16/2013||William Kassling||Director||Sell||10,000||$58.15||$581,500.00|| |
|8/12/2013||Brian Hehir||Director||Sell||2,000||$58.91||$117,820.00|| |
|8/9/2013||Tunon Alvaro Garcia||CFO||Sell||79,500||$58.68||$4,665,060.00|| |
|5/31/2013||Lee B Foster II||Director||Sell||6,000||$110.94||$665,640.00|| |
|5/30/2013||David M Seitz||VP||Sell||7,000||$110.20||$771,400.00|| |
|5/30/2013||Robert J Brooks||Director||Sell||40,000||$110.25||$4,410,000.00|| |
|5/23/2013||Albert J Neupaver||Director||Sell||60,000||$109.08||$6,544,800.00|| |
|5/22/2013||Tunon Alvaro Garcia||CFO||Sell||30,000||$110.36||$3,310,800.00|| |
|5/21/2013||Tunon Alvaro Garcia||CFO||Sell||29,780||$110.26||$3,283,542.80|| |
|5/20/2013||Michael W D Howell||Director||Sell||8,000||$111.18||$889,440.00|| |
|5/17/2013||Karl-Heinz Colmer||VP||Sell||2,456||$112.13||$275,391.28|| |
Headline Trends for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Latest Headlines for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
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Westinghouse Air Brake Technologies Corporation (WAB) Chart for Sunday, October, 22, 2017