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

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

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".

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.
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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.

ETFs with the largest weight of Westinghouse Air Brake Technologies (NYSE:WAB) stock in their portfolio include iShares Environmental Infrastructure and Industrials ETF (EFRA), American CenturyFocused Dynamic Growth ETF (FDG), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Invesco Zacks Mid-Cap ETF (CZA), Invesco S&P 500 Equal Weight Industrials ETF (RSPN), Proshares Equities For Rising Rates ETF (EQRR), Invesco S&P 500 Equal Weight Industrials ETF (RGI) and Motley Fool Next Index ETF (TMFX).

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.

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.

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.

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).

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

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.
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One share of WAB stock can currently be purchased for approximately $106.27.

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.

The company employs 27,000 workers across the globe.

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.