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. Wabtec Corporation was founded in 1869 and is headquartered in Wilmerding, Pennsylvania.
Industry, Sector and Symbol
Industry Railroad equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorTransportation
Phone412-825-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.36 billion
Profitability
Miscellaneous
Employees18,000
Next Earnings Date4/23/2019 (Estimated)
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 announced a quarterly dividend on Friday, January 11th. Stockholders of record on Friday, February 8th will be given a dividend of $0.12 per share on Friday, February 22nd. This represents a $0.48 annualized dividend and a dividend yield of 0.66%. The ex-dividend date is Thursday, February 7th. View Westinghouse Air Brake Technologies' Dividend History.
How were Westinghouse Air Brake Technologies' earnings last quarter?
Westinghouse Air Brake Technologies Corp (NYSE:WAB) posted its earnings results on Tuesday, October, 30th. The transportation company reported $0.95 earnings per share for the quarter, hitting the consensus estimate of $0.95. The transportation company earned $1.08 billion during the quarter, compared to analysts' expectations of $1 billion. Westinghouse Air Brake Technologies had a return on equity of 12.63% and a net margin of 6.76%. Westinghouse Air Brake Technologies's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.88 earnings per share. View Westinghouse Air Brake Technologies' Earnings History.
When is Westinghouse Air Brake Technologies' next earnings date?
What guidance has Westinghouse Air Brake Technologies issued on next quarter's earnings?
Westinghouse Air Brake Technologies issued an update on its FY 2019 earnings guidance on Monday, February, 25th. The company provided earnings per share (EPS) guidance of $4.00-4.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.45. The company issued revenue guidance of $8.4-8.4 billion.
What price target have analysts set for WAB?
11 analysts have issued 1 year price objectives for Westinghouse Air Brake Technologies' stock. Their predictions range from $80.00 to $113.00. On average, they anticipate Westinghouse Air Brake Technologies' stock price to reach $99.7778 in the next year. This suggests a possible upside of 37.7% 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?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last year. There are currently 3 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?
Press coverage about WAB stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news 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 -2.0 on InfoTrie's scale. They also gave media headlines about the transportation company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Westinghouse Air Brake Technologies' key competitors?
Some companies that are related to Westinghouse Air Brake Technologies include United Continental (UAL), Ryanair (RYAAY), KUEHNE & NAGEL/ADR (KHNGY), DSV AS/ADR (DSDVY), WEST JAPAN RWY/S (WJRYY), American Airlines Group (AAL), A P MOLLER-MAER/ADR (AMKBY), Expeditors International of Washington (EXPD), JAPAN AIRL LTD/ADR (JAPSY), ANA HOLDINGS IN/S (ALNPY), C.H. Robinson Worldwide (CHRW), Old Dominion Freight Line (ODFL), Kansas City Southern (KSU), Deutsche Lufthansa (DLAKY) and J B Hunt Transport Services (JBHT).
What other stocks do shareholders of Westinghouse Air Brake Technologies own?
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 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)
Who are Westinghouse Air Brake Technologies' major shareholders?
Westinghouse Air Brake Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Canada Pension Plan Investment Board (0.42%), Rhumbline Advisers (0.23%), Commonwealth Bank of Australia (0.07%), Appleton Partners Inc. MA (0.04%), Logan Capital Management Inc. (0.04%) and Xact Kapitalforvaltning AB (0.02%). 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, Linda S Harty, Patrick D Dugan, Randy Hoback, Robert J Brooks, Scott Wahlstrom and William E Kassling. View Institutional Ownership Trends for Westinghouse Air Brake Technologies.
Which major 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, SG Americas Securities LLC, Logan Capital Management Inc., Patten Group Inc., Resources Management Corp CT ADV, Smithfield Trust Co., Clean Yield Group and Appleton Partners Inc. MA. 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, Linda S Harty, Patrick D Dugan, Robert J Brooks, Scott Wahlstrom and William E Kassling. View Insider Buying and Selling for Westinghouse Air Brake Technologies.
Which major investors are buying Westinghouse Air Brake Technologies stock?
WAB stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Rhumbline Advisers, O Brien Greene & Co. Inc, Piedmont Investment Advisors Inc., Berman Capital Advisors LLC and PRW Wealth Management 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 $72.48.
How big of a company is Westinghouse Air Brake Technologies?
Westinghouse Air Brake Technologies has a market capitalization of $7.00 billion and generates $4.36 billion in revenue each year. The transportation company earns $294.94 million in net income (profit) each year or $3.81 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?
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)
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.
