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Westinghouse Air Brake Technologies (WAB)
NYSE:WAB
RESEARCH TOOLSreports
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WAB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$98.29 - $170.63
Previous Close$162.87
Volume1.25M
Average Volume (3M)1.13M
Market Cap
$28.73B
Enterprise Value$32.77B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.00B
Price to Earnings (P/E)31.7
Beta1.09
Next Earnings
Jul 24, 2024EPS Estimate
$1.88Last Dividend Ex-Date
May 24, 2024Dividend Yield0.45%
Share Statistics
EPS (TTM)5.14
Shares Outstanding176,384,942
10 Day Avg. Volume918,652
30 Day Avg. Volume1,131,504
Standard Deviation0.09
R-Squared0.64
Alpha0.00482
Financial Highlights & Ratios
Price to Book (P/B)2.71
Price to Sales (P/S)11.24
Price to Cash Flow (P/CF)21.30
P/FCF Ratio21.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.46
Enterprise Value/Gross Profit11.13
Enterprise Value/Ebitda18.67
Forecast
1Y Price Target
$179.75Price Target Upside9.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Westinghouse Air Brake Technologies News
Bulls Say, Bears Say
Bulls Say
Environmental LeadershipThe company's commitment to lead the decarbonization efforts of the rails positions it as a pioneer in the environmentally conscious market.
Financial GrowthThe analyst raises earnings estimates for WAB, reflecting confidence in the company's financial growth.
Shareholder ValueProjected free cash flow of approximately $1.4bn in 2024 indicates potential for shareholder value increase through repurchases and M&A.
Bears Say
Earnings Report4Q23 earnings report showed weaker operating margin performance and EPS below estimates
Financial PerformanceFreight EBIT was 8% below estimates with softer margins and sales, showing some areas of weakness in the company's freight segment.
Regulatory ImpactPotential new regulations may introduce costs for operating older locomotives, impacting the bottom line.
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Ownership Overview
7.04% Insiders
32.24% Mutual Funds
21.89% Other Institutional Investors
38.82% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WAB FAQ
What was Westinghouse Air Brake Technologies’s price range in the past 12 months?
Westinghouse Air Brake Technologies lowest stock price was $98.29 and its highest was $170.63 in the past 12 months.
What is Westinghouse Air Brake Technologies’s market cap?
Currently, no data Available
When is Westinghouse Air Brake Technologies’s upcoming earnings report date?
Westinghouse Air Brake Technologies’s upcoming earnings report date is Jul 24, 2024 which is 101 days ago.
How were Westinghouse Air Brake Technologies’s earnings last quarter?
Westinghouse Air Brake Technologies released its earnings results on Apr 24, 2024. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.486 by $0.404.
Is Westinghouse Air Brake Technologies overvalued?
According to Wall Street analysts Westinghouse Air Brake Technologies’s price is currently Undervalued.
Does Westinghouse Air Brake Technologies pay dividends?
Westinghouse Air Brake Technologies pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 0.45%. See more information on Westinghouse Air Brake Technologies dividends here
What is Westinghouse Air Brake Technologies’s EPS estimate?
Westinghouse Air Brake Technologies’s EPS estimate is $1.88.
How many shares outstanding does Westinghouse Air Brake Technologies have?
Westinghouse Air Brake Technologies has 176,384,950 shares outstanding.
What happened to Westinghouse Air Brake Technologies’s price movement after its last earnings report?
Westinghouse Air Brake Technologies reported an EPS of $1.89 in its last earnings report, beating expectations of $1.486. Following the earnings report the stock price went up 10.04%.
Which hedge fund is a major shareholder of Westinghouse Air Brake Technologies?
Among the largest hedge funds holding Westinghouse Air Brake Technologies’s share is Farallon Capital Management, L.L.C.. It holds Westinghouse Air Brake Technologies’s shares valued at 431M.
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Westinghouse Air Brake Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$179.75 (9.50% Upside)
$179.75 (9.50% Upside)
Blogger Sentiment
Bullish
WAB Sentiment 88%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 6.7%
Last 30 Days ▲ 6.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.71%
12-Months-Change
Fundamentals
Return on Equity
8.94%
Trailing 12-Months
Asset Growth
0.42%
Trailing 12-Months
Company Description
Westinghouse Air Brake Technologies
Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the following segments: Freight and Transit. The Freight segment involves in the manufacture and offers services components for new and existing locomotives and freight cars; supplies rail control and infrastructure products such as electronics, positive train control equipment, and signal design and engineering services; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit segments includes the manufacture and providing services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses; supplies rail control and infrastructure products such as electronics, positive train control equipment, and signal design and engineering services; builds new commuter locomotives; and renovate passenger transit vehicles. The company was founded in 1869 and is headquartered in Pittsburgh, PA.
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WAB Company Deck
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WAB Earnings Call
Q1 2024
0:00 / 0:00
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WAB Net sales Breakdown
33.71% Services
18.29% Equipment
15.29% Aftermarket
12.76% Original Equipment Manufacturer
19.94% Other
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WAB Stock 12 Month Forecast
Average Price Target
$179.75
▲(9.50% Upside)
Technical Analysis
Best Analysts Covering WAB
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+21.63%
reiterated a buy rating 6 months ago
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