NYSE:WAB

Westinghouse Air Brake Technologies - WAB Stock Forecast, Price & News

$81.35

-0.37 (-0.45%)

(As of 09/30/2022 09:02 PM ET)

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Today's Range: $80.67
▼
$83.02
50-Day Range: $80.75
▼
$96.34
52-Week Range: $78.26
▼
$100.04

Volume: 1.16 million shs
Average Volume: 1.01 million shs
Market Capitalization: $14.86 billion

P/E Ratio: 23.79
Dividend Yield: 0.74%
Price Target: $99.00

Westinghouse Air Brake Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 21.7% Upside
$99.00 Price Target
Short Interest: Healthy
1.38% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.05
Upright™ Environmental Score
News Sentiment: 0.81
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 12.68%
From $4.89 to $5.51 Per Share

Overall MarketRank^™

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

2.19 out of 5 stars

Transportation Sector

68th out of 122 stocks

Railroad Equipment Industry

3rd out of 4 stocks

2.3

Analyst's Opinion

Consensus Rating
Westinghouse Air Brake Technologies has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $99.00, Westinghouse Air Brake Technologies has a forecasted upside of 21.7% from its current price of $81.35.
Amount of Analyst Coverage
Westinghouse Air Brake Technologies has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.38% of the float of Westinghouse Air Brake Technologies has been sold short.
Short Interest Ratio / Days to Cover
Westinghouse Air Brake Technologies has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Westinghouse Air Brake Technologies has recently increased by 1.69%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Westinghouse Air Brake Technologies has a dividend yield of 0.74%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Westinghouse Air Brake Technologies has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Westinghouse Air Brake Technologies is 17.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Westinghouse Air Brake Technologies will have a dividend payout ratio of 10.89% next year. This indicates that Westinghouse Air Brake Technologies will be able to sustain or increase its dividend.

2.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Westinghouse Air Brake Technologies has received a 23.51% net impact score from Upright. Wabtec seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Locomotive shunters", "Train signalling systems", and "Locomotive engines" products. See details.
Environmental Sustainability
The Environmental Impact score for Westinghouse Air Brake Technologies is -1.05.

2.1

News and Social Media Coverage

News Sentiment
Westinghouse Air Brake Technologies has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Westinghouse Air Brake Technologies this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for WAB on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Westinghouse Air Brake Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Westinghouse Air Brake Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.22% of the stock of Westinghouse Air Brake Technologies is held by insiders.
Percentage Held by Institutions
89.09% of the stock of Westinghouse Air Brake Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Westinghouse Air Brake Technologies are expected to grow by 12.68% in the coming year, from $4.89 to $5.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Westinghouse Air Brake Technologies is 23.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Westinghouse Air Brake Technologies is 23.79, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 14.56.
Price to Earnings Growth Ratio
Westinghouse Air Brake Technologies has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Westinghouse Air Brake Technologies has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Westinghouse Air Brake Technologies (NYSE:WAB) Stock

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit 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. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It 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, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

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WAB Stock News Headlines

September 26, 2022 | nasdaq.com

What Does Westinghouse Air Brake Technologies Corporation's (NYSE:WAB) Share Price Indicate?

September 26, 2022 | msn.com

3WAB : This Favorable Sign Appears On Westinghouse Air Brake's Chart

September 21, 2022 | nasdaq.com

Here's Why Investors Should Retain Wabtec (WAB) Stock Now

September 20, 2022 | finance.yahoo.com

Wabtec and Kazakhstan Temir Zholy Sign $600 Million Memorandum of Understanding for FLXdriveTM Battery-Electric Shunters and NextFuelTM Liquid Natural Gas-Powered Locomotives

September 15, 2022 | finance.yahoo.com

Wabtec Wins Order to Supply Panama’s Metrolink System with Leading-Edge Platform Screen Doors

September 6, 2022 | finance.yahoo.com

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Shares Could Be 39% Below Their Intrinsic Value Estimate

September 6, 2022 | finance.yahoo.com

Wabtec engineer AJ Kumar surpasses founder George Westinghouse in total patents awarded

September 2, 2022 | nasdaq.com

The total return for Westinghouse Air Brake Technologies (NYSE:WAB) investors has risen faster than earnings growth over the last three years

August 25, 2022 | benzinga.com

Looking Into Westinghouse Air Brake's Return On Invested Capital

August 18, 2022 | benzinga.com

Wabtec's Multi-Year Growth Algorithm Is 'Underappreciated,' Says This Analyst

August 17, 2022 | benzinga.com

Wabtec Expands Credit Facility To $1.5B

August 17, 2022 | finance.yahoo.com

Wabtec Announces Expanded Credit Facility

August 11, 2022 | seekingalpha.com

Wabtec Results Were Great And I'm Still Avoiding It

August 9, 2022 | nasdaq.com

We Ran A Stock Scan For Earnings Growth And Westinghouse Air Brake Technologies (NYSE:WAB) Passed With Ease

August 9, 2022 | finance.yahoo.com

Wabtec Opens First European Transit Performance Optimization Center in Derby, UK

August 8, 2022 | markets.businessinsider.com

Expert Ratings for Westinghouse Air Brake

August 5, 2022 | seekingalpha.com

Westinghouse Air Brake Technologies Corporation (WAB) CEO Rafael Santana on Q2 2022 Results - Earnings Call Transcript

August 5, 2022 | finance.yahoo.com

Wabtec Reports Mixed Q2 Results; Tightens FY22 EPS View

August 5, 2022 | finance.yahoo.com

Wabtec (WAB) Beats Q2 Earnings Estimates, Ups 2022 EPS View

August 5, 2022 | finance.yahoo.com

Pre-Markets in Red Amid Strong July Jobs Data and Q2 Earnings

August 5, 2022 | seekingalpha.com

Westinghouse Air Brake Non-GAAP EPS of $1.23 beats by $0.01, revenue of $2.05B misses by $20M, updates FY earning guidance

August 4, 2022 | msn.com

Westinghouse Air Brake Earnings Preview

August 3, 2022 | finance.yahoo.com

Will Cost Woes Mar Wabtec's (WAB) Prospects in Q2 Earnings?

August 2, 2022 | finance.yahoo.com

TRTN vs. WAB: Which Stock Should Value Investors Buy Now?

July 28, 2022 | finance.yahoo.com

Wabtec (WAB) Surges 5.6%: Is This an Indication of Further Gains?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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WAB Company Calendar

Last Earnings: 8/05/2022
Ex-Dividend for 8/29 Dividend: 8/12/2022
Dividend Payable: 8/29/2022
Today: 10/02/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Railroad equipment
Sub-Industry: Construction & Farm Machinery & Heavy Trucks
Sector: Transportation
Current Symbol: NYSE:WAB
CUSIP: 92974010
CIK: 943452
Web: www.wabtec.com
Phone: (412) 825-1000
Fax: 412-825-1019
Employees: 25,000
Year Founded: 1869

Price Target and Rating

Average Stock Price Forecast: $99.00
High Stock Price Forecast: $110.00
Low Stock Price Forecast: $87.00
Forecasted Upside/Downside: +21.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.42
Trailing P/E Ratio: 23.79
Forward P/E Ratio: 16.64
P/E Growth: 1.26
Net Income: $558 million
Net Margins: 7.99%
Pretax Margin: 10.52%
Return on Equity: 8.57%
Return on Assets: 4.71%

Debt

Debt-to-Equity Ratio: 0.40
Current Ratio: 1.27
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $7.82 billion
Price / Sales: 1.90
Cash Flow: $6.66 per share
Price / Cash Flow: 12.22
Book Value: $54.81 per share
Price / Book: 1.48

Miscellaneous

Outstanding Shares: 182,648,000
Free Float: 180,420,000
Market Cap: $14.86 billion
Optionable: Optionable
Beta: 1.47

Social Links

Key Executives

Mr. Rafael O. Santana (Age 50)
CEO, Pres & Director
Comp: $3.83M

Mr. John A. Olin (Age 61)
Exec. VP & CFO
Comp: $1.52M

Mr. Eric Gebhardt (Age 54)
Exec. VP & Chief Technology Officer
Comp: $1.74M

Mr. David L. DeNinno (Age 66)
Exec. VP, Gen. Counsel & Sec.
Comp: $1.4M

Mr. Pascal Schweitzer (Age 45)
Pres of Global Freight Services
Comp: $1.42M

Mr. Greg A. Sbrocco (Age 53)
Exec. VP of Global Operations

Mr. John A. Mastalerz Jr. (Age 55)
Sr. VP of Fin. & Chief Accounting Officer

Ms. Kristine Elizabeth Kubacki C.F.A.
VP of Investor Relations

Ms. Gina Trombley (Age 51)
Exec. VP of Sales & Marketing and Chief Commercial Officer of Americas

Ms. Nicole B. Theophilus (Age 52)
Exec. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WAB Stock - Frequently Asked Questions

Should I buy or sell Westinghouse Air Brake Technologies stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WAB shares.
View WAB analyst ratings or view top-rated stocks.
What is Westinghouse Air Brake Technologies' stock price forecast for 2022?: 7 brokerages have issued 1-year price objectives for Westinghouse Air Brake Technologies' shares. Their WAB share price forecasts range from $87.00 to $110.00. On average, they predict the company's share price to reach $99.00 in the next twelve months. This suggests a possible upside of 21.7% 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 2022?: Westinghouse Air Brake Technologies' stock was trading at $92.11 at the beginning of the year. Since then, WAB shares have decreased by 11.7% and is now trading at $81.35.
View the best growth stocks for 2022 here.
Are investors shorting Westinghouse Air Brake Technologies?: Westinghouse Air Brake Technologies saw a decrease in short interest in August. As of August 31st, there was short interest totaling 2,370,000 shares, a decrease of 29.9% from the August 15th total of 3,380,000 shares. Based on an average trading volume of 848,500 shares, the short-interest ratio is currently 2.8 days. Currently, 1.4% of the company's shares are sold short.
View Westinghouse Air Brake Technologies' Short Interest.
When is Westinghouse Air Brake Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our WAB earnings forecast.
How were Westinghouse Air Brake Technologies' earnings last quarter?: Westinghouse Air Brake Technologies Co. (NYSE:WAB) released its quarterly earnings data on Friday, August, 5th. The transportation company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.22 by $0.01. The transportation company earned $2.05 billion during the quarter, compared to the consensus estimate of $2.07 billion. Westinghouse Air Brake Technologies had a trailing twelve-month return on equity of 8.57% and a net margin of 7.99%. The company's revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.06 EPS.
How often does Westinghouse Air Brake Technologies pay dividends? What is the dividend yield for Westinghouse Air Brake Technologies?: Westinghouse Air Brake Technologies declared a quarterly dividend on Friday, July 22nd. Investors of record on Monday, August 15th will be paid a dividend of $0.15 per share on Monday, August 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Friday, August 12th.
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 $0.60 per share and currently has a dividend yield of 0.74%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WAB will have a dividend payout ratio of 10.89% 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 updated its FY 2022 earnings guidance on Friday, September, 2nd. The company provided EPS guidance of $4.70-$5.00 for the period. The company issued revenue guidance of $8.30 billion-$8.60 billion, compared to the consensus revenue estimate of $8.38 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), 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."
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 $81.35.
How much money does Westinghouse Air Brake Technologies make?: Westinghouse Air Brake Technologies (NYSE:WAB) has a market capitalization of $14.86 billion and generates $7.82 billion in revenue each year. The transportation company earns $558 million in net income (profit) each year or $3.42 on an earnings per share basis.
How many employees does Westinghouse Air Brake Technologies have?: The company employs 25,000 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 10/3/2022 by MarketBeat.com Staff

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Westinghouse Air Brake Technologies - WAB Stock Forecast, Price & News

Westinghouse Air Brake Technologies MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Westinghouse Air Brake Technologies (NYSE:WAB) Stock

WAB Stock News Headlines

WAB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

WAB Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™