Westinghouse Air Brake Technologies (WAB) News Today

Shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB - Get Free Report) have been given a consensus rating of "Moderate Buy" by the ten brokerages that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and seven have issued

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Free Report) - Equities researchers at Zacks Research lifted their Q3 2024 earnings per share (EPS) estimates for shares of Westinghouse Air Brake Technologies in a research note issued on Tuesday, September 24th. Zacks Research analyst M. Basu

Westinghouse Air Brake Technologies (NYSE:WAB) Reaches New 1-Year High at $181.74

Westinghouse Air Brake Technologies (NYSE:WAB) Sets New 1-Year High at $177.51

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Get Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 2,930,000 shares, a growth of 19.6% from the August 15th total of 2,450,000 shares. Based on an average daily volume of 1,140,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.7% of the shares of the stock are short sold.

Forsta AP Fonden trimmed its position in shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB - Free Report) by 9.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,500 shares of the transportation company's stoc

Westinghouse Air Brake Technologies (NYSE:WAB) Reaches New 1-Year High at $172.00

Westinghouse Air Brake Technologies (NYSE:WAB) Stock Price Crosses Above 200 Day Moving Average of $157.27

Rhumbline Advisers grew its holdings in shares of Westinghouse Air Brake Technologies Co. (NYSE:WAB - Free Report) by 2.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 335,483 shares of the transportation company's stock after buying an additiona

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the ten ratings firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and seven have assi

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Get Free Report) insider Alicia Hammersmith sold 4,169 shares of the firm's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $165.54, for a total transaction of $690,136.26. Following the completion of the transaction, the insider now directly owns 5,606 shares in the company, valued at approximately $928,017.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Westinghouse Air Brake Technologies (NYSE:WAB) Sees Strong Trading Volume

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Free Report) - Stock analysts at Zacks Research raised their Q3 2024 EPS estimates for Westinghouse Air Brake Technologies in a research report issued on Wednesday, August 14th. Zacks Research analyst M. Basu now forecasts that the transportatio

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Get Free Report) CTO Eric Gebhardt sold 7,422 shares of the company's stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $156.32, for a total transaction of $1,160,207.04. Following the sale, the chief technology officer now directly owns 22,411 shares in the company, valued at approximately $3,503,287.52. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Get Free Report) has received an average rating of "Moderate Buy" from the ten research firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and seven have given a

Westinghouse Air Brake Technologies Co. (NYSE:WAB - Get Free Report) Director Brian Hehir sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $161.62, for a total transaction of $161,620.00. Following the completion of the sale, the director now owns 23,230 shares in the company, valued at approximately $3,754,432.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Westinghouse Air Brake Technologies (NYSE:WAB) updated its FY24 earnings guidance. The company provided EPS guidance of $7.20-7.50 for the period, compared to the consensus estimate of $7.39. The company also issued revenue guidance of $10.25-10.55 billionillion, compared to the consensus estimate of $10.38 billionillion.

Westinghouse Air Brake Technologies (NYSE:WAB - Get Free Report) issued its quarterly earnings data on Wednesday. The transportation company reported $1.96 EPS for the quarter, topping analysts' consensus estimates of $1.88 by $0.08. Westinghouse Air Brake Technologies had a net margin of 9.20% and a return on equity of 11.25%. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the business posted $1.41 EPS. The firm's revenue was up 9.8% compared to the same quarter last year.

Bank of America lifted their target price on shares of Westinghouse Air Brake Technologies from $183.00 to $184.00 and gave the stock a "buy" rating in a research report on Monday.