Westinghouse Air Brake Technologies Stock Forecast, Price & News

7 Wall Street research 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 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Westinghouse Air Brake Technologies stock.
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Westinghouse Air Brake Technologies is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Westinghouse Air Brake Technologies.

Westinghouse Air Brake Technologies will be holding an earnings conference call on Thursday, April 29th 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 Co. (NYSE:WAB) posted its earnings results on Wednesday, February, 17th. The transportation company reported $0.98 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.03 by $0.05. The transportation company earned $2.02 billion during the quarter, compared to analyst estimates of $2.11 billion. Westinghouse Air Brake Technologies had a net margin of 5.29% and a trailing twelve-month return on equity of 7.60%. During the same period last year, the business posted $1.04 EPS.
View Westinghouse Air Brake Technologies' earnings history.

Westinghouse Air Brake Technologies' stock was trading at $56.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WAB shares have increased by 43.6% and is now trading at $80.61.
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Westinghouse Air Brake Technologies announced a quarterly dividend on Wednesday, March 10th. Stockholders of record on Friday, May 7th will be given a dividend of $0.12 per share on Friday, May 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date is Thursday, May 6th.
View Westinghouse Air Brake Technologies' dividend history.

Westinghouse Air Brake Technologies pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.59%. Westinghouse Air Brake Technologies does not yet have a strock track record of dividend growth. The dividend payout ratio of Westinghouse Air Brake Technologies is 11.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Westinghouse Air Brake Technologies will have a dividend payout ratio of 10.96% next year. This indicates that Westinghouse Air Brake Technologies will be able to sustain or increase its dividend.
View Westinghouse Air Brake Technologies' dividend history.

Westinghouse Air Brake Technologies declared that its Board of Directors has authorized a share buyback plan on Tuesday, February 18th 2020, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Westinghouse Air Brake Technologies updated its FY 2021 Pre-Market earnings guidance on Thursday, February, 18th. The company provided earnings per share (EPS) guidance of 3.90-4.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.34. The company issued revenue guidance of $7.6-7.9 billion, compared to the consensus revenue estimate of $7.85 billion.

7 equities research analysts have issued 12-month price objectives for Westinghouse Air Brake Technologies' shares. Their forecasts range from $65.00 to $95.00. On average, they expect Westinghouse Air Brake Technologies' share price to reach $83.33 in the next year. This suggests a possible upside of 3.4% from the stock's current price.
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26 employees have rated Westinghouse Air Brake Technologies CEO Rafael Santana on Glassdoor.com. Rafael Santana has an approval rating of 71% among Westinghouse Air Brake Technologies' employees.

Some companies that are related to Westinghouse Air Brake Technologies include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Terex (TEX), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Lindsay (LNN) and Astec Industries (ASTE).
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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), The Walt Disney (DIS), Intel (INTC), Honeywell International (HON), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), CVS Health (CVS) and Verizon Communications (VZ).

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

Westinghouse Air Brake Technologies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Thompson Investment Management Inc. (0.03%), Beddow Capital Management Inc. (0.03%) and Private Capital Group LLC (0.00%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, David L Deninno, Electric Co General, Erwan Faiveley, Linda S Harty, Michael W D Howell, Nalin Jain and William E Kassling.
View institutional ownership trends for Westinghouse Air Brake Technologies.

WAB stock was sold by a variety of institutional investors in the last quarter, including Beddow Capital Management Inc.. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Albert J Neupaver, Erwan Faiveley, and Nalin Jain.
View insider buying and selling activity for Westinghouse Air Brake Technologies or view top insider-selling stocks.

WAB stock was acquired by a variety of institutional investors in the last quarter, including Thompson Investment Management Inc., and Private Capital Group LLC. Company insiders that have bought Westinghouse Air Brake Technologies stock in the last two years include Albert J Neupaver, David L Deninno, Linda S Harty, and William E Kassling.
View insider buying and selling activity for Westinghouse Air Brake Technologies or or view top insider-buying stocks.

Shares of WAB 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.
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One share of WAB stock can currently be purchased for approximately $80.61.

Westinghouse Air Brake Technologies has a market capitalization of $15.26 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 27,000 workers across the globe.

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.

Westinghouse Air Brake Technologies was founded in 1869.

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

Westinghouse Air Brake Technologies is headquartered at 30 ISABELLA STREET, PITTSBURGH PA, 15212.

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.