NYSE:WABWestinghouse Air Brake Technologies Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Westinghouse Air Brake Technologies Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $63.58 +1.66 (+2.68 %) (As of 06/3/2020 04:00 PM ET) Add Compare Share Today's Range$62.03Now: $63.58▼$63.9150-Day Range$47.52MA: $54.93▼$63.9652-Week Range$35.07Now: $63.58▼$81.75Volume843,200 shsAverage Volume1.66 million shsMarket Capitalization$12.10 billionP/E Ratio27.52Dividend Yield0.75%Beta1.52 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Wabtec Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. The company's Freight segment 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. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The company's 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; builds new commuter locomotives; 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's products comprise positive train control equipment and electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; 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. Its products also include railway braking equipment and related components; friction products; and new commuter and switcher locomotives, and transit car and locomotive overhaul and refurbishment. In addition, the company's products comprise 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 Wilmerding, Pennsylvania.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingWestinghouse Air Brake Technologies has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 6 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.18, Westinghouse Air Brake Technologies has a potential upside of 13.5% from its current price of $63.58.Amount of Analyst CoverageWestinghouse Air Brake Technologies has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesWestinghouse Air Brake Technologies has received 423 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWestinghouse Air Brake Technologies has received 417 “underperform” votes. (Add your “underperform” vote.)Community SentimentWestinghouse Air Brake Technologies has received 50.36% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Westinghouse Air Brake Technologies and other stocks. Vote “Outperform” if you believe WAB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WAB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipWestinghouse Air Brake Technologies is a leading dividend payer. It pays a dividend yield of 0.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWestinghouse Air Brake Technologies has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Westinghouse Air Brake Technologies is 11.51 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Westinghouse Air Brake Technologies will have a dividend payout ratio of 11.65 % next year. This indicates that Westinghouse Air Brake Technologies will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Westinghouse Air Brake Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $511,700.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.35% of the stock of Westinghouse Air Brake Technologies is held by insiders.Percentage Held by Institutions89.91% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Westinghouse Air Brake Technologies are expected to grow by 17.38% in the coming year, from $3.51 to $4.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Westinghouse Air Brake Technologies is 27.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Westinghouse Air Brake Technologies is 27.52, 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 RatioWestinghouse Air Brake Technologies has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWestinghouse Air Brake Technologies has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.15 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Railroad equipment Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorTransportation Current SymbolNYSE:WAB Previous Symbol CUSIP92974010 CIK943452 Webwww.wabtec.com Phone412-825-1000Debt Debt-to-Equity Ratio0.48 Current Ratio1.42 Quick Ratio0.82Price-To-Earnings Trailing P/E Ratio27.52 Forward P/E Ratio18.11 P/E Growth0.57 Sales & Book Value Annual Sales$8.20 billion Price / Sales1.48 Cash Flow$5.69 per share Price / Cash Flow11.18 Book Value$52.14 per share Price / Book1.22Profitability EPS (Most Recent Fiscal Year)$4.17 Net Income$326.70 million Net Margins5.19% Return on Equity8.00% Return on Assets4.17%Miscellaneous Employees27,500 Outstanding Shares190,289,000Market Cap$12.10 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable WAB Rates by TradingView Receive WAB News and Ratings via Email Sign-up to receive the latest news and ratings for WAB and its competitors with MarketBeat's FREE daily newsletter. Westinghouse Air Brake Technologies (NYSE:WAB) Frequently Asked Questions How has Westinghouse Air Brake Technologies' stock been impacted by COVID-19 (Coronavirus)? Westinghouse Air Brake Technologies' stock was trading at $56.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WAB stock has increased by 13.3% and is now trading at $63.58. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Westinghouse Air Brake Technologies? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Westinghouse Air Brake Technologies. When is Westinghouse Air Brake Technologies' next earnings date? Westinghouse Air Brake Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Westinghouse Air Brake Technologies. How were Westinghouse Air Brake Technologies' earnings last quarter? Westinghouse Air Brake Technologies Corp (NYSE:WAB) released its quarterly earnings data on Monday, May, 4th. The transportation company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by $0.01. The transportation company had revenue of $1.93 billion for the quarter, compared to analysts' expectations of $2.01 billion. Westinghouse Air Brake Technologies had a return on equity of 8.00% and a net margin of 5.19%. The company's revenue was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.06 earnings per share. View Westinghouse Air Brake Technologies' earnings history. 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 Tuesday, April 28th. Investors of record on Friday, May 8th will be paid a dividend of $0.12 per share on Friday, May 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Thursday, May 7th. View Westinghouse Air Brake Technologies' dividend history. How will Westinghouse Air Brake Technologies' stock buyback program work? Westinghouse Air Brake Technologies declared that its Board of Directors has approved a stock repurchase plan on Tuesday, February 18th 2020, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 3.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued. What price target have analysts set for WAB? 12 analysts have issued 12 month target prices for Westinghouse Air Brake Technologies' stock. Their forecasts range from $60.00 to $92.00. On average, they anticipate Westinghouse Air Brake Technologies' stock price to reach $72.18 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View analysts' price targets for Westinghouse Air Brake Technologies. Has Westinghouse Air Brake Technologies been receiving favorable news coverage? Headlines about WAB stock have trended very negative on Thursday, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Westinghouse Air Brake Technologies earned a daily sentiment score of -3.1 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutWestinghouse Air Brake Technologies. Are investors shorting Westinghouse Air Brake Technologies? Westinghouse Air Brake Technologies saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,800,000 shares, a decrease of 11.9% from the April 30th total of 5,450,000 shares. Based on an average trading volume of 2,010,000 shares, the short-interest ratio is currently 2.4 days. Currently, 2.7% of the company's shares are short sold. View Westinghouse Air Brake Technologies' Current Options Chain. Who are some of Westinghouse Air Brake Technologies' key competitors? Some companies that are related to Westinghouse Air Brake Technologies include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Trinity Industries (TRN), Navistar International (NAV), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Terex (TEX) and Lindsay (LNN). View all competitors. 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), Walt Disney (DIS), Johnson & Johnson (JNJ), Honeywell International (HON), Intel (INTC), Alibaba Group (BABA), Pfizer (PFE), Verizon Communications (VZ), Procter & Gamble (PG) and Cisco Systems (CSCO). Who are Westinghouse Air Brake Technologies' key executives? Westinghouse Air Brake Technologies' management team includes the following people: Mr. Albert J. Neupaver, Exec. Chairman (Age 68)Mr. Raymond T. Betler, Pres, CEO & Director (Age 63)Mr. Patrick D. Dugan, Exec. VP & CFO (Age 53)Mr. David L. DeNinno, Exec. VP, Gen. Counsel & Sec. (Age 63)Mr. Stéphane Rambaud-Measson, Exec. VP, COO & Director (Age 57) 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." Who are Westinghouse Air Brake Technologies' major shareholders? Westinghouse Air Brake Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Capital International Investors (5.06%), Pzena Investment Management LLC (3.53%), Capital Counsel LLC NY (0.49%), Capital Bank & Trust Co (0.25%), Rhumbline Advisers (0.17%) and United Capital Financial Advisers LLC (0.12%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, David L Deninno, Electric Co General, Emilio Fernandez, John A Mastalerz Jr, Linda S Harty, Michael W D Howell, Patrick D Dugan, Robert J Brooks, Scott Wahlstrom and William E Kassling. View institutional ownership trends for Westinghouse Air Brake Technologies. Which major investors are selling Westinghouse Air Brake Technologies stock? WAB stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Capital Bank & Trust Co, United Capital Financial Advisers LLC, Nicholas Company Inc., Capital Counsel LLC NY, Caisse DE Depot ET Placement DU Quebec, World Asset Management Inc, and Beddow Capital Management Inc.. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Electric Co General, and Michael W D Howell. View insider buying and selling activity for Westinghouse Air Brake Technologies. Which major investors are buying Westinghouse Air Brake Technologies stock? WAB stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Piedmont Investment Advisors Inc., Rhumbline Advisers, Forsta AP Fonden, Gabelli Funds LLC, Thompson Investment Management Inc., Hartford Investment Management Co., and Moody National Bank Trust Division. Company insiders that have bought Westinghouse Air Brake Technologies stock in the last two years include Albert J Neupaver, David L Deninno, and William E Kassling. View insider buying and selling activity for Westinghouse Air Brake Technologies. How do I buy shares of Westinghouse Air Brake Technologies? 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 Westinghouse Air Brake Technologies' stock price today? One share of WAB stock can currently be purchased for approximately $63.58. How big of a company is Westinghouse Air Brake Technologies? Westinghouse Air Brake Technologies has a market capitalization of $12.10 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. Westinghouse Air Brake Technologies employs 27,500 workers across the globe. What is Westinghouse Air Brake Technologies' official website? The official website for Westinghouse Air Brake Technologies is www.wabtec.com. How can I contact Westinghouse Air Brake Technologies? Westinghouse Air Brake Technologies' 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 6/4/2020 by MarketBeat.com Staff
