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

$63.58
+1.66 (+2.68 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$62.03
Now: $63.58
$63.91
50-Day Range
$47.52
MA: $54.76
$63.96
52-Week Range
$35.07
Now: $63.58
$81.75
Volume843,277 shs
Average Volume1.66 million shs
Market Capitalization$12.10 billion
P/E Ratio27.52
Dividend Yield0.78%
Beta1.52
Wabtec Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. The company's Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new switcher locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The company's Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; builds new commuter locomotives; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. It 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; signal design and engineering services; freight car trucks and couplers; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. Its products also include railway braking equipment and related components; friction products; and new commuter and switcher locomotives, and transit car and locomotive overhaul and refurbishment. In addition, the company's products comprise doors for buses and subway cars; platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. Wabtec Corporation was founded in 1869 and is headquartered in Wilmerding, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.16 out of 5 stars


Industry, Sector and Symbol

Industry Railroad equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorTransportation
CUSIP92974010
Phone412-825-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.20 billion
Cash Flow$5.76 per share
Book Value$52.14 per share

Profitability

Net Income$326.70 million

Miscellaneous

Employees27,500
Market Cap$12.10 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Westinghouse Air Brake Technologies (NYSE:WAB) Frequently Asked Questions

How has Westinghouse Air Brake Technologies' stock been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 13.3% and is now trading at $63.58. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Westinghouse Air Brake Technologies?

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, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Westinghouse Air Brake Technologies.

When is Westinghouse Air Brake Technologies' next earnings date?

Westinghouse Air Brake Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Westinghouse Air Brake Technologies.

How were Westinghouse Air Brake Technologies' earnings last quarter?

Westinghouse Air Brake Technologies Corp (NYSE:WAB) released its quarterly earnings results on Monday, May, 4th. The transportation company reported $0.97 EPS 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 analyst estimates of $2.01 billion. Westinghouse Air Brake Technologies had a net margin of 5.19% and a return on equity of 8.00%. The business's quarterly revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.06 EPS. View Westinghouse Air Brake Technologies' earnings history.

How often does Westinghouse Air Brake Technologies pay dividends? What is the dividend yield for Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.12 per share on Friday, May 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Thursday, May 7th. View Westinghouse Air Brake Technologies' dividend history.

How will Westinghouse Air Brake Technologies' stock buyback program work?

Westinghouse Air Brake Technologies announced that its board has initiated a share buyback plan on Tuesday, February 18th 2020, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

What price target have analysts set for WAB?

12 brokers have issued 12-month target prices for Westinghouse Air Brake Technologies' shares. Their forecasts range from $60.00 to $92.00. On average, they anticipate Westinghouse Air Brake Technologies' stock price to reach $72.64 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts' price targets for Westinghouse Air Brake Technologies.

Has Westinghouse Air Brake Technologies been receiving favorable news coverage?

Media stories about WAB stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Westinghouse Air Brake Technologies earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutWestinghouse Air Brake Technologies.

Are investors shorting Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 4,800,000 shares, a decline of 11.9% from the April 30th total of 5,450,000 shares. Based on an average trading volume of 2,010,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.7% of the shares of the company are sold short. View Westinghouse Air Brake Technologies' Current Options Chain.

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

What other stocks do shareholders of Westinghouse Air Brake Technologies own?

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).

Who are Westinghouse Air Brake Technologies' key executives?

Westinghouse Air Brake Technologies' management team includes the following people:
  • Mr. Albert J. Neupaver, Exec. Chairman (Age 68)
  • Mr. Raymond T. Betler, Pres, CEO & Director (Age 63)
  • Mr. Patrick D. Dugan, Exec. VP & CFO (Age 53)
  • Mr. David L. DeNinno, Exec. VP, Gen. Counsel & Sec. (Age 63)
  • Mr. Stéphane Rambaud-Measson, Exec. VP, COO & Director (Age 57)

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."

Who are Westinghouse Air Brake Technologies' major shareholders?

Westinghouse Air Brake Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital International Investors (5.06%), Pzena Investment Management LLC (3.53%), Capital Counsel LLC NY (0.49%), Capital Bank & Trust Co (0.25%), Rhumbline Advisers (0.17%) and United Capital Financial Advisers LLC (0.12%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, David L Deninno, Electric Co General, Emilio Fernandez, John A Mastalerz Jr, Linda S Harty, Michael W D Howell, Patrick D Dugan, 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 Capital International Investors, Capital Bank & Trust Co, United Capital Financial Advisers LLC, Nicholas Company Inc., Capital Counsel LLC NY, Caisse DE Depot ET Placement DU Quebec, World Asset Management Inc, and Beddow Capital Management Inc.. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Electric Co General, and Michael W D Howell. View insider buying and selling activity for Westinghouse Air Brake Technologies.

Which institutional investors are buying Westinghouse Air Brake Technologies stock?

WAB stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Piedmont Investment Advisors Inc., Rhumbline Advisers, Forsta AP Fonden, Gabelli Funds LLC, Thompson Investment Management Inc., Hartford Investment Management Co., and Moody National Bank Trust Division. Company insiders that have bought Westinghouse Air Brake Technologies stock in the last two years include Albert J Neupaver, David L Deninno, and William E Kassling. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Westinghouse Air Brake Technologies' stock price today?

One share of WAB stock can currently be purchased for approximately $63.58.

How big of a company is Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies has a market capitalization of $12.10 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.

What is Westinghouse Air Brake Technologies' official website?

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

How can I contact Westinghouse Air Brake Technologies?

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.

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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