NYSE:WAB Westinghouse Air Brake Technologies Stock Forecast, Price & 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 $62.97 -4.85 (-7.15 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$62.41Now: $62.97▼$66.3750-Day Range$61.47MA: $67.23▼$70.5852-Week Range$35.07Now: $62.97▼$81.75Volume2.29 million shsAverage Volume1.50 million shsMarket Capitalization$11.98 billionP/E Ratio28.24Dividend Yield0.71%Beta1.54 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 2.2 Analyst's Opinion Consensus RatingWestinghouse Air Brake Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 6 buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.55, Westinghouse Air Brake Technologies has a forecasted upside of 16.8% from its current price of $62.97.Amount of Analyst CoverageWestinghouse Air Brake Technologies has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesWestinghouse Air Brake Technologies has received 425 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWestinghouse Air Brake Technologies has received 419 “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 1.7 Dividend Strength Dividend YieldWestinghouse Air Brake Technologies has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthWestinghouse Air Brake Technologies has only been increasing its dividend for 1 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 10.81% next year. This indicates that Westinghouse Air Brake Technologies will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Westinghouse Air Brake Technologies insiders have sold 1,086.98% more of their company's stock than they have bought. Specifically, they have bought $309,650.00 in company stock and sold $3,675,496.00 in company stock.Percentage Held by InsidersOnly 5.35% of the stock of Westinghouse Air Brake Technologies is held by insiders.Percentage Held by Institutions88.10% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Westinghouse Air Brake Technologies are expected to grow by 17.46% in the coming year, from $3.78 to $4.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Westinghouse Air Brake Technologies is 28.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Westinghouse Air Brake Technologies is 28.24, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 18.78.Price to Earnings Growth RatioWestinghouse Air Brake Technologies has a PEG Ratio of 6.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWestinghouse Air Brake Technologies has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.59 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 Ratio0.38 Current Ratio1.14 Quick Ratio0.62Price-To-Earnings Trailing P/E Ratio28.24 Forward P/E Ratio16.66 P/E Growth6.1 Sales & Book Value Annual Sales$8.20 billion Price / Sales1.46 Cash Flow$5.17 per share Price / Cash Flow12.19 Book Value$52.14 per share Price / Book1.21Profitability EPS (Most Recent Fiscal Year)$4.17 Net Income$326.70 million Net Margins5.29% Return on Equity7.60% Return on Assets3.99%Miscellaneous Employees27,500 Outstanding Shares190,300,000Market Cap$11.98 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $62.97 -4.85 (-7.15 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WAB shares have increased by 12.2% and is now trading at $62.97. View which stocks have been most impacted by COVID-19. 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 2 sell ratings, 4 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 Thursday, October 29th 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) posted its earnings results on Tuesday, July, 28th. The transportation company reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.12. The transportation company had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.70 billion. Westinghouse Air Brake Technologies had a return on equity of 7.60% and a net margin of 5.29%. The firm's revenue for the quarter was down 24.0% compared to the same quarter last year. During the same period in the prior year, the business 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 Wednesday, July 29th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.12 per share on Friday, August 28th. This represents a $0.48 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, August 13th. 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 initiated a stock repurchase program on Tuesday, February 18th 2020, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are undervalued. What guidance has Westinghouse Air Brake Technologies issued on next quarter's earnings? Westinghouse Air Brake Technologies updated its FY20 earnings guidance on Tuesday, July, 28th. The company provided earnings per share guidance of $3.50-$3.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.69. The company issued revenue guidance of $7.3-$7.6 billion, compared to the consensus revenue estimate of $7.54 billion. What price target have analysts set for WAB? 12 brokers have issued twelve-month target prices for Westinghouse Air Brake Technologies' stock. Their forecasts range from $64.00 to $92.00. On average, they anticipate Westinghouse Air Brake Technologies' share price to reach $73.55 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price. View analysts' price targets for Westinghouse Air Brake Technologies. Are investors shorting Westinghouse Air Brake Technologies? Westinghouse Air Brake Technologies saw a increase in short interest during the month of August. As of August 14th, there was short interest totaling 5,230,000 shares, an increase of 10.8% from the July 30th total of 4,720,000 shares. Based on an average trading volume of 1,330,000 shares, the short-interest ratio is presently 3.9 days. Approximately 2.9% of the shares of the company are short sold. View Westinghouse Air Brake Technologies' Short Interest. 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), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG), Astec Industries (ASTE) 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), Intel (INTC), Johnson & Johnson (JNJ), Pfizer (PFE), Honeywell International (HON), AT&T (T), Verizon Communications (VZ), CVS Health (CVS) and NVIDIA (NVDA). 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 number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (3.27%), Public Employees Retirement System of Ohio (0.07%), WASHINGTON TRUST Co (0.07%), Cibc World Markets Corp (0.04%), Thompson Investment Management Inc. (0.03%) and Beddow Capital Management Inc. (0.03%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, David L Deninno, Electric Co General, Erwan Faiveley, Linda S Harty, Michael W D Howell and William E Kassling. View institutional ownership trends for Westinghouse Air Brake Technologies. Which institutional investors are selling Westinghouse Air Brake Technologies stock? WAB stock was sold by a variety of institutional investors in the last quarter, including Capital Counsel LLC NY, Pzena Investment Management LLC, Public Employees Retirement System of Ohio, Beddow Capital Management Inc., World Asset Management Inc, Thompson Investment Management Inc., Webster Bank N. A., and Hartford Investment Management Co.. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Erwan Faiveley, and Michael W D Howell. View insider buying and selling activity for Westinghouse Air Brake Technologies. Which institutional investors are buying Westinghouse Air Brake Technologies stock? WAB stock was acquired by a variety of institutional investors in the last quarter, including WASHINGTON TRUST Co, Cibc World Markets Corp, Municipal Employees Retirement System of Michigan, Berman Capital Advisors LLC, and Silvercrest Asset Management Group LLC. Company insiders that have bought Westinghouse Air Brake Technologies 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 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 $62.97. How big of a company is Westinghouse Air Brake Technologies? Westinghouse Air Brake Technologies has a market capitalization of $11.98 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. 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