Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates in two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; offers signal design and engineering services; builds switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. This segment serves publicly traded railroads; leasing companies; manufacturers of original equipment, such as locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses; builds commuter locomotives; and refurbishes passenger transit vehicles. This segment 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, including event recorders, monitoring equipment, and end of train devices; freight car trucks and couplers; draft gears, couplers, and slack adjusters; and air compressors and dryers. Its products also include track and switch products; railway braking equipment and related components; friction products consisting of brake shoes and pads; window assemblies, and accessibility lifts and ramps for buses and subway cars; and traction motors, as well as builds, remanufactures, and overhauls commuter and switcher locomotives, and transit cars. Westinghouse Air Brake Technologies Corporation was founded in 1869 and is headquartered in Wilmerding, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Railroad equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorTransportation
SymbolNYSE:WAB
CUSIP92974010
Phone412-825-1000
Debt
Debt-to-Equity Ratio0.65
Current Ratio1.52
Quick Ratio0.99
Price-To-Earnings
Trailing P/E Ratio32.19
Forward P/E Ratio28.38
P/E Growth2.46
Sales & Book Value
Annual Sales$3.88 billion
Price / Sales2.74
Cash Flow$4.5380 per share
Price / Cash24.33
Book Value$29.46 per share
Price / Book3.75
Profitability
EPS (Most Recent Fiscal Year)$3.43
Net Income$262.26 million
Net Margins6.88%
Return on Equity12.40%
Return on Assets5.33%
Miscellaneous
Employees18,000
Outstanding Shares96,280,000
Market Cap$10.59 billion
Westinghouse Air Brake Technologies (NYSE:WAB) Frequently Asked Questions
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 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 11th. Shareholders of record on Friday, August 10th will be given a dividend of $0.12 per share on Friday, August 24th. This represents a $0.48 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Thursday, August 9th. View Westinghouse Air Brake Technologies' Dividend History.
How were Westinghouse Air Brake Technologies' earnings last quarter?
Westinghouse Air Brake Technologies Corp (NYSE:WAB) announced its quarterly earnings results on Tuesday, July, 24th. The transportation company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. The transportation company earned $1.11 billion during the quarter, compared to analyst estimates of $1.02 billion. Westinghouse Air Brake Technologies had a return on equity of 12.40% and a net margin of 6.88%. The firm's revenue was up 19.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. View Westinghouse Air Brake Technologies' Earnings History.
When is Westinghouse Air Brake Technologies' next earnings date?
What guidance has Westinghouse Air Brake Technologies issued on next quarter's earnings?
Westinghouse Air Brake Technologies updated its FY18 earnings guidance on Tuesday, July, 24th. The company provided earnings per share (EPS) guidance of ~$3.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.87. The company issued revenue guidance of ~$4.2 billion, compared to the consensus revenue estimate of $4.19 billion.
What price target have analysts set for WAB?
15 analysts have issued twelve-month price objectives for Westinghouse Air Brake Technologies' stock. Their predictions range from $81.00 to $125.00. On average, they anticipate Westinghouse Air Brake Technologies' stock price to reach $101.8462 in the next year. This suggests that the stock has a possible downside of 7.8%. View Analyst Price Targets for Westinghouse Air Brake Technologies.
What is the consensus analysts' recommendation for Westinghouse Air Brake Technologies?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Westinghouse Air Brake Technologies.
Who are some of Westinghouse Air Brake Technologies' key competitors?
Some companies that are related to Westinghouse Air Brake Technologies include Cent JAPAN Rwy/ADR (CJPRY), Delta Air Lines (DAL), Southwest Airlines (LUV), Canadian Pacific Railway (CP), Ryanair (RYAAY), United Continental (UAL), KUEHNE & NAGEL/ADR (KHNGY), American Airlines Group (AAL), DSV AS/ADR (DSDVY), A P MOLLER-MAER/ADR (AMKBY), C.H. Robinson Worldwide (CHRW), J B Hunt Transport Services (JBHT), WEST JAPAN Rwy/S (WJRYY), Expeditors International of Washington (EXPD) and XPO Logistics (XPO).
Who are Westinghouse Air Brake Technologies' key executives?
Westinghouse Air Brake Technologies' management team includes the folowing people:
- Mr. Raymond T. Betler, Pres, CEO & Director (Age 62)
- Mr. Patrick D. Dugan, Exec. VP & CFO (Age 52)
- Mr. Stéphane Rambaud-Measson, Exec. VP, COO & Director (Age 56)
- Mr. David L. DeNinno, Exec. VP, Gen. Counsel & Sec. (Age 62)
- Mr. Scott E. Wahlstrom, Exec. VP of HR (Age 54)
Has Westinghouse Air Brake Technologies been receiving favorable news coverage?
Media stories about WAB stock have been trending positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Westinghouse Air Brake Technologies earned a news impact score of 0.41 on Accern's scale. They also gave press coverage about the transportation company an impact score of 47.78 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Westinghouse Air Brake Technologies.
Who are Westinghouse Air Brake Technologies' major shareholders?
Westinghouse Air Brake Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include GENERAL ELECTRIC COMPANY (10.90%), Luminus Management LLC (0.57%), Commonwealth Bank of Australia (0.18%), Rhumbline Advisers (0.17%), MetLife Investment Advisors LLC (0.06%) and Sterling Capital Management LLC (0.05%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, Brian Hehir, David L Deninno, Emilio Fernandez, Gruehl Friedrich, John A Mastalerz Jr, Lee B Foster II, Patrick D Dugan, Randy Hoback, Robert J Brooks and Scott Wahlstrom. 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 Luminus Management LLC, Commonwealth Bank of Australia, Rhumbline Advisers, Massey Quick Simon & CO. LLC, Zevin Asset Management LLC, Clean Yield Group and Private Capital Group LLC. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Albert J Neupaver, David L Deninno, Emilio Fernandez, John A Mastalerz Jr, Lee B Foster II, Patrick D Dugan, Robert J Brooks and Scott Wahlstrom. View Insider Buying and Selling 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 Sterling Capital Management LLC, SG Americas Securities LLC and MetLife Investment Advisors LLC. Company insiders that have bought Westinghouse Air Brake Technologies stock in the last two years include Gruehl Friedrich and Randy Hoback. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Westinghouse Air Brake Technologies' stock price today?
One share of WAB stock can currently be purchased for approximately $110.41.
How big of a company is Westinghouse Air Brake Technologies?
Westinghouse Air Brake Technologies has a market capitalization of $10.59 billion and generates $3.88 billion in revenue each year. The transportation company earns $262.26 million in net income (profit) each year or $3.43 on an earnings per share basis. Westinghouse Air Brake Technologies employs 18,000 workers across the globe.
How can I contact Westinghouse Air Brake Technologies?
Westinghouse Air Brake Technologies' mailing address is 1001 AIR BRAKE AVE, WILMERDING PA, 15148. The transportation company can be reached via phone at 412-825-1000.
MarketBeat Community Rating for Westinghouse Air Brake Technologies (NYSE WAB)
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.
