Westinghouse Air Brake Technologies Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Westinghouse Air Brake Technologies stock.
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Westinghouse Air Brake Technologies saw a increase in short interest in May. As of May 28th, there was short interest totaling 4,600,000 shares, an increase of 24.7% from the May 13th total of 3,690,000 shares. Based on an average trading volume of 1,320,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 2.5% of the company's stock are sold short.
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Westinghouse Air Brake Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Westinghouse Air Brake Technologies.

Westinghouse Air Brake Technologies Co. (NYSE:WAB) announced its quarterly earnings data on Wednesday, April, 28th. The transportation company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.03. The transportation company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.82 billion. Westinghouse Air Brake Technologies had a trailing twelve-month return on equity of 6.97% and a net margin of 5.57%.
View Westinghouse Air Brake Technologies' earnings history.

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 shares have increased by 38.3% and is now trading at $77.63.
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Westinghouse Air Brake Technologies declared a quarterly dividend on Wednesday, March 10th. Shareholders of record on Friday, May 7th will be given a dividend of $0.12 per share on Friday, May 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Thursday, May 6th.
View Westinghouse Air Brake Technologies' dividend history.

Westinghouse Air Brake Technologies pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.62%. Westinghouse Air Brake Technologies does not yet have a strong track record of dividend growth. The dividend payout ratio of Westinghouse Air Brake Technologies is 12.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Westinghouse Air Brake Technologies will have a dividend payout ratio of 9.84% next year. This indicates that Westinghouse Air Brake Technologies will be able to sustain or increase its dividend.
View Westinghouse Air Brake Technologies' dividend history.

Westinghouse Air Brake Technologies announced that its Board of Directors has approved a stock buyback program on Tuesday, February 18th 2020, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

Westinghouse Air Brake Technologies issued an update on its FY 2021 earnings guidance on Thursday, May, 6th. The company provided earnings per share (EPS) guidance of 4.050-4.300 for the period, compared to the Thomson Reuters consensus estimate of $4.140. The company issued revenue guidance of $7.70 billion-$7.90 billion, compared to the consensus revenue estimate of $7.82 billion.

6 Wall Street analysts have issued 1-year price objectives for Westinghouse Air Brake Technologies' shares. Their forecasts range from $80.00 to $95.00. On average, they expect Westinghouse Air Brake Technologies' stock price to reach $87.00 in the next year. This suggests a possible upside of 12.1% from the stock's current price.
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26 employees have rated Westinghouse Air Brake Technologies CEO Rafael Santana on Glassdoor.com. Rafael Santana has an approval rating of 71% among Westinghouse Air Brake Technologies' employees.

Some companies that are related to Westinghouse Air Brake Technologies include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Alamo Group (ALG), Lindsay (LNN), Meritor (MTOR) and The Greenbrier Companies (GBX).
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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), The Walt Disney (DIS), Intel (INTC), Honeywell International (HON), 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 many different retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (4.35%), Rhumbline Advisers (0.15%), Nicholas Company Inc. (0.09%), WASHINGTON TRUST Co (0.07%), Perpetual Investment Management Ltd (0.07%) and State of Tennessee Treasury Department (0.05%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, Electric Co General, Erwan Faiveley, John A Mastalerz Jr, Linda S Harty, Michael W D Howell, Nalin Jain and William E Kassling.
View institutional ownership trends for Westinghouse Air Brake Technologies.

WAB stock was sold by a variety of institutional investors in the last quarter, including Cumberland Partners Ltd, Banco Bilbao Vizcaya Argentaria S.A., Cibc World Markets Corp, Rhumbline Advisers, Beddow Capital Management Inc., Caisse DE Depot ET Placement DU Quebec, State of Tennessee Treasury Department, and Gabelli Funds LLC. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Albert J Neupaver, Erwan Faiveley, John A Mastalerz Jr, and Nalin Jain.
View insider buying and selling activity for Westinghouse Air Brake Technologies or view top insider-selling stocks.

WAB stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, BNP Paribas Arbitrage SA, Nicholas Company Inc., Mengis Capital Management Inc., Greenleaf Trust, Forsta AP Fonden, WASHINGTON TRUST Co, and Perpetual Investment Management Ltd. Company insiders that have bought Westinghouse Air Brake Technologies stock in the last two years include Linda S Harty, and William E Kassling.
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Shares of WAB 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 $77.63.

Westinghouse Air Brake Technologies has a market capitalization of $14.67 billion and generates $7.56 billion in revenue each year. The transportation company earns $414.40 million in net income (profit) each year or $3.79 on an earnings per share basis.

Westinghouse Air Brake Technologies employs 27,000 workers across the globe.

The following companies are subsidiares of Westinghouse Air Brake Technologies: A M Rail Group Limited, A M Signalling Design Limited, A and M Signalling Services Private Limited, AM General Contractors SpA, ANNAX GmbH, Aero Transportation Products Inc, Annax (Suzhou) Rail Systems Co. Ltd, Annax GmbH, Annax Scheiz AG, Ateliers Hubert Gerken S.A., Austbreck Pty Ltd., Barber Steel Foundry Corp., Barber Tian Rui Railway Supply LLC, Bearward Engineering Limited, Becorit GmbH, Beijing Wabtec Huaxia Technology Company Ltd., Brecknell Willis & Co. Ltd., Brecknell Willis (Tianjin) Electrification Systems Co. Ltd., CZ-Carbon Prodcuts s.r.o., Cambridge Forming and Cutting Ltd., Changzhou CRRC GE Diesel Engine Company Limited., CoFren S.A.S., CoFren S.r.l., Coleman Hydraulics Limited, Datong Faiveley Railway Vehicle Equipment Co. Ltd., Deptol Limited, Durox Company, E-Carbon Asia Sdn. Bhd., E-Carbon China Co. Ltd., E-Carbon Far East Limited, E-Carbon Far East Ltd. Shanghai, E-Carbon H.K. Limited, E-Carbon S.A., East Erie Commercial Railroad, Electrical Carbon UK Limited, Evand Pty Ltd., Faiveley Rail Engineering Singapore Pte Ltd , Faiveley Transport Amiens, Faiveley Transport Asia Pacific Ltd., Faiveley Transport Australia Ltd., Faiveley Transport Birkenhead Ltd., Faiveley Transport Canada Inc., Faiveley Transport Chile Ltda., Faiveley Transport Czech a.s., Faiveley Transport DO Brasil Ltda., Faiveley Transport Far East Ltd, Faiveley Transport Holding Gmbh & co KG, Faiveley Transport Iberica SA, Faiveley Transport Italia Spa, and General Electric Transportation.

Westinghouse Air Brake Technologies was founded in 1869.

The official website for Westinghouse Air Brake Technologies is www.wabtec.com.

Westinghouse Air Brake Technologies is headquartered at 30 ISABELLA STREET, PITTSBURGH PA, 15212.

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 or via email at [email protected]