NYSE:WABWestinghouse Air Brake Technologies Stock Price, Forecast & News

Westinghouse Air Brake Technologies' stock was trading at $56.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WAB shares have increased by 4.6% and is now trading at $58.68. View which stocks have been most impacted by Coronavirus.

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.

Westinghouse Air Brake Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Westinghouse Air Brake Technologies.

Westinghouse Air Brake Technologies will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Westinghouse Air Brake Technologies Corp (NYSE:WAB) issued its earnings results on Monday, May, 4th. The transportation company reported $0.97 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.98 by $0.01. The transportation company earned $1.93 billion during the quarter, compared to the consensus estimate of $2.01 billion. Westinghouse Air Brake Technologies had a net margin of 5.19% and a return on equity of 8.00%. The firm's revenue was up 21.1% on a year-over-year basis. During the same period last year, the company posted $1.06 earnings per share. View Westinghouse Air Brake Technologies' earnings history.

Westinghouse Air Brake Technologies declared a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, May 8th will be given a dividend of $0.12 per share on Friday, May 22nd. This represents a $0.48 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Thursday, May 7th. View Westinghouse Air Brake Technologies' dividend history.

Westinghouse Air Brake Technologies declared that its board has initiated a share buyback plan 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 purchase up to 3.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

12 equities research analysts have issued 1 year target prices for Westinghouse Air Brake Technologies' stock. Their forecasts range from $60.00 to $92.00. On average, they expect Westinghouse Air Brake Technologies' stock price to reach $72.18 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View analysts' price targets for Westinghouse Air Brake Technologies.

Headlines about WAB stock have trended neutral recently, according to InfoTrie. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Westinghouse Air Brake Technologies earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave media stories about the transportation company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the near future. View the latest news about Westinghouse Air Brake Technologies.

Some companies that are related to Westinghouse Air Brake Technologies include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Toro (TTC), Oshkosh (OSK), AGCO (AGCO), 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.

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).

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

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.

One share of WAB stock can currently be purchased for approximately $58.68.

Westinghouse Air Brake Technologies has a market capitalization of $11.17 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.

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

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.