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NYSE:WAB

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

$100.82
+2.12 (+2.15%)
(As of 11/30/2022 03:34 PM ET)
Add
Compare
Today's Range
$97.92
$100.82
50-Day Range
$80.75
$101.07
52-Week Range
$78.26
$102.11
Volume
13,694 shs
Average Volume
841,392 shs
Market Capitalization
$18.34 billion
P/E Ratio
27.93
Dividend Yield
0.61%
Price Target
$100.50

Westinghouse Air Brake Technologies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
0.3% Downside
$100.50 Price Target
Short Interest
Healthy
1.84% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.09mentions of Westinghouse Air Brake Technologies in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.34 M Sold Last Quarter
Proj. Earnings Growth
11.68%
From $4.88 to $5.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Transportation Sector

74th out of 125 stocks

Railroad Equipment Industry

3rd out of 4 stocks

WAB stock logo

About Westinghouse Air Brake Technologies (NYSE:WAB) Stock

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter 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 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; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

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WAB Stock News Headlines

Wabtec advancing electricification of vessels
Westinghouse Air Brake Insider Trades Send a Signal
Wabtec Reports Strong Third Quarter 2022 Results
Is a Beat in the Cards for Wabtec (WAB) in Q3 Earnings?
What's in the Offing for ArcBest (ARCB) in Q3 Earnings?
See More Headlines
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WAB Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 11/28 Dividend
11/10/2022
Dividend Payable
11/28/2022
Today
11/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
Railroad equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
92974010
Employees
25,000
Year Founded
1869

Price Target and Rating

Average Stock Price Forecast
$100.50
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$87.00
Forecasted Upside/Downside
-0.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$558 million
Pretax Margin
10.81%

Debt

Sales & Book Value

Annual Sales
$7.82 billion
Cash Flow
$6.79 per share
Book Value
$54.57 per share

Miscellaneous

Free Float
179,649,000
Market Cap
$18.34 billion
Optionable
Optionable
Beta
1.49

Social Links


Key Executives

  • Mr. Rafael O. Santana (Age 50)
    CEO, Pres & Director
    Comp: $3.83M
  • Mr. John A. OlinMr. John A. Olin (Age 61)
    Exec. VP & CFO
    Comp: $1.52M
  • Mr. Eric Gebhardt (Age 54)
    Exec. VP & Chief Technology Officer
    Comp: $1.74M
  • Mr. David L. DeNinnoMr. David L. DeNinno (Age 66)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.4M
  • Mr. Pascal Schweitzer (Age 45)
    Pres of Global Freight Services
    Comp: $1.42M
  • Mr. Greg A. Sbrocco (Age 53)
    Exec. VP of Global Operations
  • Mr. John A. Mastalerz Jr. (Age 55)
    Sr. VP of Fin. & Chief Accounting Officer
  • Ms. Kristine Elizabeth Kubacki C.F.A.
    VP of Investor Relations
  • Ms. Gina Trombley (Age 51)
    Exec. VP of Sales & Marketing and Chief Commercial Officer of Americas
  • Ms. Nicole B. Theophilus (Age 52)
    Exec. VP & Chief HR Officer













WAB Stock - Frequently Asked Questions

Should I buy or sell Westinghouse Air Brake Technologies stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WAB shares.
View WAB analyst ratings
or view top-rated stocks.

What is Westinghouse Air Brake Technologies' stock price forecast for 2023?

6 analysts have issued 1-year target prices for Westinghouse Air Brake Technologies' stock. Their WAB share price forecasts range from $87.00 to $110.00. On average, they predict the company's share price to reach $100.50 in the next year. This suggests a possible upside of 1.7% from the stock's current price.
View analysts price targets for WAB
or view top-rated stocks among Wall Street analysts.

How have WAB shares performed in 2022?

Westinghouse Air Brake Technologies' stock was trading at $92.11 at the start of the year. Since then, WAB stock has increased by 7.3% and is now trading at $98.86.
View the best growth stocks for 2022 here
.

Are investors shorting Westinghouse Air Brake Technologies?

Westinghouse Air Brake Technologies saw a increase in short interest in November. As of November 15th, there was short interest totaling 3,210,000 shares, an increase of 47.9% from the October 31st total of 2,170,000 shares. Based on an average daily volume of 858,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 1.8% of the company's shares are sold short.
View Westinghouse Air Brake Technologies' Short Interest
.

When is Westinghouse Air Brake Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our WAB earnings forecast
.

How were Westinghouse Air Brake Technologies' earnings last quarter?

Westinghouse Air Brake Technologies Co. (NYSE:WAB) posted its quarterly earnings data on Tuesday, October, 26th. The transportation company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.02. The transportation company had revenue of $1.91 billion for the quarter, compared to the consensus estimate 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 prior year, the firm earned $0.95 earnings per share.
Read the conference call transcript
.

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 Friday, October 21st. Stockholders 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 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Thursday, November 10th.
Read our dividend analysis for WAB
.

Is Westinghouse Air Brake Technologies a good dividend stock?

Westinghouse Air Brake Technologies (NYSE:WAB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.61%. 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 11.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WAB.

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

Westinghouse Air Brake Technologies updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $4.75-$4.95 for the period, compared to the consensus EPS estimate of $4.87. The company issued revenue guidance of $8.15 billion-$8.35 billion, compared to the consensus revenue estimate of $8.36 billion.

What is Rafael Santana's approval rating as Westinghouse Air Brake Technologies' CEO?

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.

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), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), CVS Health (CVS) and Verizon Communications (VZ).

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 a number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (4.88%), Mackenzie Financial Corp (1.32%), Beutel Goodman & Co Ltd. (1.29%), Credit Suisse AG (0.58%), Ensign Peak Advisors Inc (0.52%) and New York State Common Retirement Fund (0.32%). 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.
View institutional ownership trends
.

How do I buy shares of Westinghouse Air Brake Technologies?

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.
Compare Top Brokerages Here.

What is Westinghouse Air Brake Technologies' stock price today?

One share of WAB stock can currently be purchased for approximately $98.86.

How much money does Westinghouse Air Brake Technologies make?

Westinghouse Air Brake Technologies (NYSE:WAB) has a market capitalization of $17.98 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.

How many employees does Westinghouse Air Brake Technologies have?

The company employs 25,000 workers across the globe.

Does Westinghouse Air Brake Technologies have any subsidiaries?
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.
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How can I contact Westinghouse Air Brake Technologies?

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.

This page (NYSE:WAB) was last updated on 11/30/2022 by MarketBeat.com Staff