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

6 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WAB shares.
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6 analysts have issued twelve-month price targets for Westinghouse Air Brake Technologies' shares. Their WAB share price forecasts range from $101.00 to $115.00. On average, they anticipate the company's stock price to reach $108.00 in the next year. This suggests a possible upside of 2.3% from the stock's current price.
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Westinghouse Air Brake Technologies' stock was trading at $99.81 at the start of the year. Since then, WAB shares have increased by 5.7% and is now trading at $105.54.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
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Westinghouse Air Brake Technologies will be holding an earnings conference call on Wednesday, February 15th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9828578".

Westinghouse Air Brake Technologies Co. (NYSE:WAB) issued its quarterly earnings data on Tuesday, October, 26th. The transportation company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.02. The transportation company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.08 billion. Westinghouse Air Brake Technologies had a trailing twelve-month return on equity of 8.71% and a net margin of 8.18%. The firm's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.95 EPS.
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Westinghouse Air Brake Technologies announced a quarterly dividend on Friday, October 21st. Shareholders of record on Monday, November 14th will be given a dividend of $0.15 per share on Monday, November 28th. This represents a $0.60 annualized dividend and a yield of 0.57%. The ex-dividend date is Thursday, November 10th.
Read our dividend analysis for WAB.

Westinghouse Air Brake Technologies (NYSE:WAB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.57%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WAB will have a dividend payout ratio of 11.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WAB.

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.

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), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), CVS Health (CVS) and Verizon Communications (VZ).

Westinghouse Air Brake Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAB."

Westinghouse Air Brake Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (4.29%), New York State Common Retirement Fund (0.32%), Diamond Hill Capital Management Inc. (0.05%), DNB Asset Management AS (0.03%), Thompson Investment Management Inc. (0.03%) and Forsta AP Fonden (0.02%). Insiders that own company stock include Albert J Neupaver, David L Deninno, David L Deninno, Erwan Faiveley, John A Mastalerz Jr, John A Olin, Linda S Harty, Michael Fetsko, Michael W D Howell, Nalin Jain, Patrick D Dugan and William E Kassling.
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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.
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One share of WAB stock can currently be purchased for approximately $105.54.

Westinghouse Air Brake Technologies (NYSE:WAB) has a market capitalization of $19.19 billion and generates $7.82 billion in revenue each year. The transportation company earns $558 million in net income (profit) each year or $3.61 on an earnings per share basis.

The company employs 25,000 workers across the globe.

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.