NYSE:WAB - Westinghouse Air Brake Technologies Stock Price, News, & Analysis

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$86.06 +1.15 (+1.35 %)
(As of 11/22/2018 05:37 AM ET)
Previous Close$84.91
Today's Range$85.09 - $86.70
52-Week Range$69.75 - $115.40
Volume428,700 shs
Average Volume858,796 shs
Market Capitalization$8.44 billion
P/E Ratio25.09
Dividend Yield0.55%
Beta1.17
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Railroad equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorTransportation
Current SymbolNYSE:WAB
Previous Symbol
CUSIP92974010
Phone412-825-1000

Debt

Debt-to-Equity Ratio1.31
Current Ratio2.84
Quick Ratio2.28

Price-To-Earnings

Trailing P/E Ratio25.09
Forward P/E Ratio22.35
P/E Growth1.97

Sales & Book Value

Annual Sales$3.88 billion
Price / Sales2.14
Cash Flow$4.4545 per share
Price / Cash19.32
Book Value$30.12 per share
Price / Book2.86

Profitability

EPS (Most Recent Fiscal Year)$3.43
Net Income$262.26 million
Net Margins7.16%
Return on Equity12.43%
Return on Assets5.03%

Miscellaneous

Employees18,000
Outstanding Shares96,610,000
Market Cap$8.44 billion
OptionableOptionable

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 Tuesday, October 16th. Shareholders of record on Friday, November 16th will be given a dividend of $0.12 per share on Friday, November 30th. This represents a $0.48 annualized dividend and a yield of 0.56%. The ex-dividend date of this dividend is Thursday, November 15th. View Westinghouse Air Brake Technologies' Dividend History.

How were Westinghouse Air Brake Technologies' earnings last quarter?

Westinghouse Air Brake Technologies Corp (NYSE:WAB) issued its earnings results on Tuesday, October, 30th. The transportation company reported $0.95 earnings per share for the quarter, hitting analysts' consensus estimates of $0.95. The transportation company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1 billion. Westinghouse Air Brake Technologies had a return on equity of 12.43% and a net margin of 7.16%. Westinghouse Air Brake Technologies's revenue was up 12.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.88 earnings per share. View Westinghouse Air Brake Technologies' Earnings History.

When is Westinghouse Air Brake Technologies' next earnings date?

Westinghouse Air Brake Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Westinghouse Air Brake Technologies.

What guidance has Westinghouse Air Brake Technologies issued on next quarter's earnings?

Westinghouse Air Brake Technologies updated its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $3.85-3.85 for the period, compared to the Thomson Reuters consensus estimate of $3.89. The company issued revenue guidance of $4.35-4.35 billion, compared to the consensus revenue estimate of $4.27 billion.Westinghouse Air Brake Technologies also updated its FY18 guidance to $3.85 EPS.

What price target have analysts set for WAB?

10 equities research analysts have issued 12-month price targets for Westinghouse Air Brake Technologies' shares. Their predictions range from $88.00 to $125.00. On average, they anticipate Westinghouse Air Brake Technologies' stock price to reach $105.60 in the next year. This suggests a possible upside of 22.7% from the stock's current price. View Analyst Price Targets for Westinghouse Air Brake Technologies.

What is the consensus analysts' recommendation for Westinghouse Air Brake Technologies?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Westinghouse Air Brake Technologies.

Has Westinghouse Air Brake Technologies been receiving favorable news coverage?

News stories about WAB stock have trended positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Westinghouse Air Brake Technologies earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Westinghouse Air Brake Technologies' key competitors?

Who are Westinghouse Air Brake Technologies' key executives?

Westinghouse Air Brake Technologies' management team includes the folowing people:
  • Mr. Albert J. Neupaver, Exec. Chairman (Age 67)
  • 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)

Who are Westinghouse Air Brake Technologies' major shareholders?

Westinghouse Air Brake Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Capital International Investors (3.14%), Capital Guardian Trust Co. (0.56%), Capital Bank & Trust Co (0.55%), Canada Pension Plan Investment Board (0.32%), Rhumbline Advisers (0.16%) and Commonwealth Bank of Australia (0.16%). 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, Scott Wahlstrom 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 Commonwealth Bank of Australia, Sterling Capital Management LLC, Rhumbline Advisers, MetLife Investment Advisors LLC, Logan Capital Management Inc., Clean Yield Group, Aperio Group LLC and Tandem Investment Advisors Inc.. 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, Scott Wahlstrom and William E Kassling. 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 Capital International Investors, Capital Guardian Trust Co., Capital Bank & Trust Co, Canada Pension Plan Investment Board, Barometer Capital Management Inc., Capital International Sarl, Capital International Inc. CA and SG Americas Securities 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 $86.06.

How big of a company is Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies has a market capitalization of $8.44 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.

What is Westinghouse Air Brake Technologies' official website?

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

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  316 (Vote Outperform)
Underperform Votes:  311 (Vote Underperform)
Total Votes:  627
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.
This page was last updated on 11/22/2018 by MarketBeat.com Staff

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