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NYSE:WAB

Wabtec Stock Forecast, Price & News

$73.82
-0.27 (-0.36 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$73.25
Now: $73.82
$74.43
50-Day Range
$56.17
MA: $65.34
$76.21
52-Week Range
$35.07
Now: $73.82
$81.50
Volume701,143 shs
Average Volume1.48 million shs
Market Capitalization$14.05 billion
P/E Ratio33.10
Dividend Yield0.65%
Beta1.53
Wabtec Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle 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. It serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks and couplers; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, it offers railway braking equipment and related components; friction products; and new commuter and switcher locomotives, and transit car and locomotive overhaul and refurbishment. Further, the company provides doors for buses and subway cars; platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. Wabtec Corporation was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.80 out of 5 stars


Industry, Sector and Symbol

Industry Railroad equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP92974010
Phone412-825-1000
Employees27,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.20 billion
Cash Flow$6.58 per share
Book Value$52.14 per share

Profitability

Net Income$326.70 million

Miscellaneous

Market Cap$14.05 billion
Next Earnings Date2/16/2021 (Estimated)
OptionableOptionable
$73.82
-0.27 (-0.36 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Wabtec (NYSE:WAB) Frequently Asked Questions

How has Wabtec's stock been impacted by COVID-19?

Wabtec's stock was trading at $56.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WAB stock has increased by 31.5% and is now trading at $73.82.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Wabtec?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wabtec in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Wabtec
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Wabtec?

Wall Street analysts have given Wabtec a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Wabtec wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Wabtec's next earnings date?

Wabtec is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Wabtec
.

How were Wabtec's earnings last quarter?

Wabtec Co. (NYSE:WAB) released its earnings results on Thursday, October, 29th. The transportation company reported $0.95 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.90 by $0.05. The transportation company earned $1.87 billion during the quarter, compared to the consensus estimate of $1.80 billion. Wabtec had a net margin of 5.29% and a return on equity of 7.60%. Wabtec's revenue for the quarter was down 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.03 earnings per share.
View Wabtec's earnings history
.

How often does Wabtec pay dividends? What is the dividend yield for Wabtec?

Wabtec announced a quarterly dividend on Thursday, October 15th. Shareholders of record on Friday, November 13th will be paid a dividend of $0.12 per share on Friday, November 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Thursday, November 12th.
View Wabtec's dividend history
.

How will Wabtec's stock buyback program work?

Wabtec announced that its board has approved a share repurchase program on Tuesday, February 18th 2020, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

What guidance has Wabtec issued on next quarter's earnings?

Wabtec updated its fourth quarter earnings guidance on Thursday, October, 29th. The company provided earnings per share (EPS) guidance of $0.94-1.04 for the period, compared to the Thomson Reuters consensus estimate of $1.03. The company issued revenue guidance of $1.97-1.98 billion, compared to the consensus revenue estimate of $2.07 billion.

What price target have analysts set for WAB?

9 brokers have issued 12 month price objectives for Wabtec's shares. Their forecasts range from $65.00 to $85.00. On average, they anticipate Wabtec's stock price to reach $74.86 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
View analysts' price targets for Wabtec
.

Who are some of Wabtec's key competitors?

What other stocks do shareholders of Wabtec own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wabtec investors own include General Electric (GE), Johnson & Johnson (JNJ), The Walt Disney (DIS), Intel (INTC), Honeywell International (HON), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), CVS Health (CVS) and Verizon Communications (VZ).

Who are Wabtec's key executives?

Wabtec's management team includes the following people:
  • Mr. Rafael O. Santana, CEO, Pres & Director (Age 48, Pay $2.29M)
  • Mr. Patrick D. Dugan, Exec. VP & CFO (Age 54, Pay $1.37M)
  • Mr. David L. DeNinno, Exec. VP, Gen. Counsel & Sec. (Age 64, Pay $1.21M)
  • Mr. John A. Mastalerz Jr., Sr. VP of Fin. & Chief Accounting Officer (Age 53)
  • Mr. Eric Gebhardt, Exec. VP & Chief Technology Officer (Age 52)
  • Ms. Kristine Elizabeth Kubacki C.F.A., CFA, VP of Investor Relations
  • Mr. R. Mark Cox, Exec. VP of Corp. Devel. (Age 52)
  • Ms. Nicole B. Theophilus, Exec. VP & Chief HR Officer (Age 50)
  • Mr. Michael E. Fetsko III, Pres of Freight & Industrial Components (Age 54)
  • Mr. Greg A. Sbrocco, Sr. VP of Global Operations (Age 51)

What is Wabtec's stock symbol?

Wabtec trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAB."

Who are Wabtec's major shareholders?

Wabtec's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.35%), State Street Corp (3.80%), 3G Sahana Capital Management LP (1.66%), Gates Capital Management Inc. (0.87%), Nuveen Asset Management LLC (0.79%) and UBS Asset Management Americas Inc. (0.72%). Company insiders that own Wabtec stock include Albert J Neupaver, David L Deninno, Electric Co General, Erwan Faiveley, Linda S Harty, Michael W D Howell, Nalin Jain and William E Kassling.
View institutional ownership trends for Wabtec
.

Which major investors are selling Wabtec stock?

WAB stock was sold by a variety of institutional investors in the last quarter, including Gates Capital Management Inc., Allianz Asset Management GmbH, BlackRock Inc., Birch Hill Investment Advisors LLC, Lord Abbett & CO. LLC, Sound Shore Management Inc CT, Morgan Stanley, and Hahn Capital Management LLC. Company insiders that have sold Wabtec company stock in the last year include Albert J Neupaver, Erwan Faiveley, and Nalin Jain.
View insider buying and selling activity for Wabtec
.

Which major investors are buying Wabtec stock?

WAB stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Samlyn Capital LLC, Westwood Holdings Group Inc., Royal London Asset Management Ltd., New York State Common Retirement Fund, 3G Sahana Capital Management LP, Lombard Odier Asset Management Europe Ltd, and JPMorgan Chase & Co.. Company insiders that have bought Wabtec stock in the last two years include Albert J Neupaver, David L Deninno, Linda S Harty, and William E Kassling.
View insider buying and selling activity for Wabtec
.

How do I buy shares of Wabtec?

Shares of WAB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Wabtec's stock price today?

One share of WAB stock can currently be purchased for approximately $73.82.

How big of a company is Wabtec?

Wabtec has a market capitalization of $14.05 billion and generates $8.20 billion in revenue each year. The transportation company earns $326.70 million in net income (profit) each year or $4.17 on an earnings per share basis. Wabtec employs 27,500 workers across the globe.

What is Wabtec's official website?

The official website for Wabtec is www.wabtec.com.

How can I contact Wabtec?

Wabtec's mailing address is 30 ISABELLA STREET, PITTSBURGH PA, 15212. The transportation company can be reached via phone at 412-825-1000.

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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