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About Westinghouse Air Brake Technologies (NYSE:WAB)
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.
Industry, Sector and Symbol
Industry Railroad equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
Trailing P/E Ratio29.87
Forward P/E Ratio26.48
Sales & Book Value
Annual Sales$3.88 billion
Price / Sales2.54
Cash Flow$4.5201 per share
Price / Cash22.67
Book Value$29.46 per share
Price / Book3.48
EPS (Most Recent Fiscal Year)$3.43
Net Income$262.26 million
Return on Equity12.13%
Return on Assets5.13%
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, April 20th. Stockholders of record on Friday, May 11th will be given a dividend of $0.12 per share on Friday, May 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend is Thursday, May 10th. 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, April, 24th. The transportation company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. The transportation company earned $1.06 billion during the quarter, compared to the consensus estimate of $1.01 billion. Westinghouse Air Brake Technologies had a return on equity of 12.13% and a net margin of 6.88%. The business's revenue was up 15.3% on a year-over-year basis. During the same quarter last year, the company posted $0.77 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 updated its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share (EPS) guidance of $3.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.86. The company issued revenue guidance of $4.1 billion, compared to the consensus revenue estimate of $4.18 billion.
What price target have analysts set for WAB?
15 Wall Street analysts have issued 12-month price objectives for Westinghouse Air Brake Technologies' stock. Their predictions range from $81.00 to $125.00. On average, they anticipate Westinghouse Air Brake Technologies' share price to reach $100.0833 in the next year. View Analyst Ratings for Westinghouse Air Brake Technologies.
Who are some of Westinghouse Air Brake Technologies' key competitors?
Some companies that are related to Westinghouse Air Brake Technologies include Delta Air Lines (DAL), Southwest Airlines (LUV), Canadian Pacific Railway (CP), Ryanair (RYAAY), United Continental (UAL), American Airlines Group (AAL), KUEHNE & NAGEL/ADR (KHNGY), DSV AS/ADR (DSDVY), A P MOLLER-MAER/ADR (AMKBY), WEST JAPAN Rwy/S (WJRYY), J B Hunt Transport Services (JBHT), XPO Logistics (XPO), JAPAN Airl Ltd/ADR (JAPSY), ANA HOLDINGS In/S (ALNPY) and Expeditors International of Washington (EXPD).
Who are Westinghouse Air Brake Technologies' key executives?
Westinghouse Air Brake Technologies' management team includes the folowing people:
- 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)
- Mr. Scott E. Wahlstrom, Exec. VP of HR (Age 54)
Has Westinghouse Air Brake Technologies been receiving favorable news coverage?
Media headlines about WAB stock have trended somewhat positive on Sunday, Accern Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Westinghouse Air Brake Technologies earned a daily sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the transportation company an impact score of 46.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Westinghouse Air Brake Technologies' major shareholders?
Westinghouse Air Brake Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include GENERAL ELECTRIC COMPANY (10.90%), BlackRock Inc. (8.25%), Farallon Capital Management LLC (4.93%), Baillie Gifford & Co. (4.87%), American Century Companies Inc. (2.06%) and Artisan Partners Limited Partnership (1.98%). Company insiders that own Westinghouse Air Brake Technologies stock include Albert J Neupaver, Brian Hehir, David L Deninno, Gruehl Friedrich, Lee B Foster II, Randy Hoback, Robert J Brooks and Scott Wahlstrom. 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 Farallon Capital Management LLC, OppenheimerFunds Inc., Artisan Partners Limited Partnership, Royal Bank of Canada, Millennium Management LLC, Soapstone Management L.P., Wells Fargo & Company MN and Allianz Asset Management GmbH. Company insiders that have sold Westinghouse Air Brake Technologies company stock in the last year include Albert J Neupaver, David L Deninno, Lee B Foster II, Robert J Brooks and Scott Wahlstrom. View Insider Buying and Selling 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 American Century Companies Inc., BlackRock Inc., Baillie Gifford & Co., Natixis Advisors L.P., First Republic Investment Management Inc., Sentry Investments Corp., Douglass Winthrop Advisors LLC and Sei Investments Co.. 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 $102.47.
How big of a company is Westinghouse Air Brake Technologies?
Westinghouse Air Brake Technologies has a market capitalization of $9.87 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.
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 (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.
Westinghouse Air Brake Technologies (NYSE:WAB) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
15 Wall Street analysts have issued ratings and price targets for Westinghouse Air Brake Technologies in the last 12 months. Their average twelve-month price target is $100.0833, suggesting that the stock has a possible downside of 2.33%. The high price target for WAB is $125.00 and the low price target for WAB is $81.00. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of "Buy."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Hold|
|Consensus Rating Score: ||2.67||2.64||2.46||2.36|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$100.0833||$94.7273||$87.8182||$88.50|
|Price Target Upside: ||2.33% downside||0.25% upside||6.20% upside||15.34% upside|
Westinghouse Air Brake Technologies (NYSE:WAB) Consensus Price Target History
Westinghouse Air Brake Technologies (NYSE:WAB) Analyst Ratings History
(Data available from 6/17/2016 forward)
Westinghouse Air Brake Technologies (NYSE:WAB) Dividend Information
Westinghouse Air Brake Technologies pays an annual dividend of $0.48 per share, with a dividend yield of 0.47%. WAB's most recent quarterly dividend payment was Friday, May 25. The company has grown its dividend for the last 7 consecutive years and is increasing its dividend by an average of 30.10% each year. Westinghouse Air Brake Technologies pays out 13.99% of its earnings out as a dividend.
|Most Recent Dividend:||5/25/2018|
|Dividend Growth:||30.10% (3 Year Average)|
|Payout Ratio(s):||13.99% (Trailing 12 Months of Earnings) |
12.40% (Based on This Year's Estimates)
10.62% (Based on Next Year's Estimates)
10.62% (Based on Cash Flow)
|Track Record:||7 Years of Consecutive Dividend Growth|
Westinghouse Air Brake Technologies (NYSE:WAB) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Westinghouse Air Brake Technologies (NYSE WAB) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 11.49%
Westinghouse Air Brake Technologies (NYSE WAB) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|5/29/2018||Albert J Neupaver||Director||Sell||65,000||$96.71||$6,286,150.00||602,591|| |
|5/25/2018||Robert J Brooks||Director||Sell||3,500||$97.60||$341,600.00||82,872|| |
|5/25/2018||Scott Wahlstrom||VP||Sell||9,000||$97.47||$877,230.00|| |
|5/23/2018||Lee B Foster II||Director||Sell||4,000||$96.90||$387,600.00||19,200|| |
|11/6/2017||Robert J Brooks||Director||Sell||3,500||$77.66||$271,810.00||84,221|| |
|10/30/2017||David L Deninno||VP||Sell||1,917||$76.10||$145,883.70||56,131|| |
|5/15/2017||Brian Hehir||Director||Sell||2,234||$80.11||$178,965.74||24,905|| |
|4/28/2017||Albert J Neupaver||Insider||Sell||60,000||$84.67||$5,080,200.00||659,630|| |
|2/27/2017||Brian Hehir||Director||Sell||1,500||$80.73||$121,095.00||26,804|| |
|11/10/2015||Steeg Nickolas Vande||Director||Buy||6,470||$77.38||$500,648.60||15,639|| |
|8/28/2015||Patrick D. Dugan||VP||Sell||13,530||$96.67||$1,307,945.10||42,858|| |
|8/25/2015||Raymond T Betler||CEO||Sell||4,200||$93.88||$394,296.00||137,320|| |
|8/19/2015||Charles F Kovac||SVP||Sell||11,500||$100.93||$1,160,695.00||119,459|| |
|8/17/2015||Brian Hehir||Director||Sell||1,500||$100.89||$151,335.00|| |
|5/27/2015||David M Seitz||VP||Sell||5,000||$100.79||$503,950.00|| |
|2/23/2015||Karl-Heinz Colmer||VP||Sell||7,666||$95.12||$729,189.92|| |
|11/24/2014||David M Seitz||VP||Sell||6,000||$90.87||$545,220.00|| |
|11/3/2014||Charles F Kovac||SVP||Sell||12,000||$86.84||$1,042,080.00|| |
|8/26/2014||David M Seitz||VP||Sell||4,000||$84.18||$336,720.00|| |
|8/25/2014||Robert J Brooks||Director||Sell||30,000||$84.16||$2,524,800.00|| |
|8/25/2014||Scott Wahlstrom||VP||Sell||18,000||$84.46||$1,520,280.00|| |
|8/21/2014||R Mark Cox||VP||Sell||19,875||$84.15||$1,672,481.25|| |
|5/29/2014||Michael W D Howell||Director||Sell||1,000||$77.88||$77,880.00|| |
|5/21/2014||Robert Brooks||Director||Sell||4,000||$74.62||$298,480.00||95,232|| |
|5/8/2014||Karl-Heinz Colmer||VP||Sell||5,252||$74.75||$392,587.00||25,793|| |
|2/28/2014||David Meyer||VP||Sell||7,426||$79.51||$590,441.26||14,718|| |
|2/28/2014||William Kassling||Director||Sell||24,500||$79.06||$1,936,970.00||58,907|| |
|2/27/2014||David Seitz||VP||Sell||4,400||$78.50||$345,400.00||32,607|| |
|2/27/2014||William Kassling||Director||Sell||40,500||$78.80||$3,191,400.00||58,907|| |
|2/26/2014||Albert Neupaver||Director||Sell||108,000||$78.61||$8,489,880.00||494,528|| |
|2/26/2014||Karl-Heinz Colmer||VP||Sell||12,000||$78.61||$943,320.00||28,418|| |
|2/26/2014||Raymond Betler||COO||Sell||23,966||$78.61||$1,883,967.26||111,102|| |
|2/24/2014||Brian Hehir||Director||Sell||3,000||$79.69||$239,070.00||21,562|| |
|2/24/2014||Timothy Wesley||VP||Sell||5,326||$78.15||$416,226.90||17,730|| |
|11/19/2013||Brian Hehir||Director||Sell||1,000||$67.63||$67,630.00||21,562|| |
|11/18/2013||Robert Bourg||VP||Sell||8,000||$81.70||$653,600.00||66,522|| |
|11/18/2013||Tunon Alvaro Garcia||CFO||Sell||1,824||$68.11||$124,232.64||41,270|| |
|11/15/2013||Tunon Alvaro Garcia||CFO||Sell||28,000||$66.79||$1,870,120.00||43,094|| |
|11/4/2013||Tunon Alvaro Garcia||CFO||Sell||9,340||$66.05||$616,907.00|| |
|8/29/2013||William Kassling||Director||Sell||24,000||$59.13||$1,419,120.00||58,907|| |
|8/27/2013||Lee Foster II||Director||Sell||8,000||$58.47||$467,760.00||41,026|| |
|8/26/2013||William Kassling||Director||Sell||1,000||$59.75||$59,750.00||58,907|| |
|8/23/2013||Steeg Nickolas Vande||Director||Sell||16,000||$59.46||$951,360.00||8,988|| |
|8/22/2013||William Kassling||Director||Sell||61,845||$59.56||$3,683,488.20||58,907|| |
|8/21/2013||William Kassling||Director||Sell||28,155||$58.65||$1,651,290.75||58,907|| |
|8/16/2013||William Kassling||Director||Sell||10,000||$58.15||$581,500.00||58,907|| |
|8/12/2013||Brian Hehir||Director||Sell||2,000||$58.91||$117,820.00||21,562|| |
|8/9/2013||Tunon Alvaro Garcia||CFO||Sell||79,500||$58.68||$4,665,060.00||49,094|| |
|5/31/2013||Lee B Foster II||Director||Sell||6,000||$110.94||$665,640.00|| |
|5/30/2013||David M Seitz||VP||Sell||7,000||$110.20||$771,400.00|| |
|5/30/2013||Robert J Brooks||Director||Sell||40,000||$110.25||$4,410,000.00|| |
|5/23/2013||Albert J Neupaver||Director||Sell||60,000||$109.08||$6,544,800.00|| |
|5/22/2013||Tunon Alvaro Garcia||CFO||Sell||30,000||$110.36||$3,310,800.00|| |
|5/21/2013||Tunon Alvaro Garcia||CFO||Sell||29,780||$110.26||$3,283,542.80|| |
|5/20/2013||Michael W D Howell||Director||Sell||8,000||$111.18||$889,440.00|| |
|5/17/2013||Karl-Heinz Colmer||VP||Sell||2,456||$112.13||$275,391.28|| |
Westinghouse Air Brake Technologies (NYSE WAB) News Headlines
Westinghouse Air Brake Technologies (NYSE:WAB) SEC Filings
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Westinghouse Air Brake Technologies (NYSE:WAB) Income Statement, Balance Sheet and Cash Flow Statement
Westinghouse Air Brake Technologies (NYSE WAB) Stock Chart for Sunday, June, 17, 2018