Home » Stocks » WAB

Wabtec Corporation (WAB)

Stock Price: $77.63 USD -0.20 (-0.26%)
Updated Jun 18, 2021 4:00 PM EDT - Market closed
Market Cap 14.67B
Revenue (ttm) 7.46B
Net Income (ttm) 415.20M
Shares Out 188.50M
EPS (ttm) 2.18
PE Ratio 35.58
Forward PE 18.18
Dividend $0.48
Dividend Yield 0.62%
Trading Day June 18
Last Price $77.63
Previous Close $77.83
Change ($) -0.20
Change (%) -0.26%
Day's Open 76.48
Day's Range 76.30 - 78.12
Day's Volume 2,116,685
52-Week Range 55.24 - 86.68

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

General Motors, Wabtec Announce Partnership on Electric and Hydrogen Powered Trains

YouTube video

Wabtec, a transit equipment and systems manufacturer, announced a partnership with General Motors to incorporate GM's battery and hydrogen fuel cell technology in electric, zero-emissions trains. Eric G...

Other stocks mentioned: GM
1 day ago - Cheddar

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) and the Port of Kiel celebrated the installation of a sustainable shore power solution to support cruise operators. ShoreCONNECT has potential...

2 days ago - Business Wire

Wabtec (NYSE: WAB) and General Motors (NYSE: GM) are collaborating on bringing battery and fuel cell technology to the freight locomotive. The two will seek to develop and commercialize GM's Ultium batt...

Other stocks mentioned: GM
3 days ago - FreightWaves

General Motors' (GM) latest alliance with Wabtec will combine the expertise and technology of the two companies to make zero-emission locomotives an industry standard.

Other stocks mentioned: GM
3 days ago - Zacks Investment Research

The companies have signed a nonbinding memorandum of understanding for GM to engineer and supply its battery and fuel cell systems for Wabtec locomotives.

Other stocks mentioned: GM
4 days ago - CNBC

General Motors Co will supply electric batteries and hydrogen fuel cell systems for rail supplier Wabtec Corp's locomotives, in a move extending the No. 1 U.S. automaker's reach outside the automotive s...

Other stocks mentioned: GM
4 days ago - Reuters

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) and General Motors (NYSE: GM) today announced they will collaborate to develop and commercialize GM's Ultium battery technology and HYDROTEC h...

Other stocks mentioned: GM
4 days ago - Business Wire

PITTSBURGH, June 08, 2021 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE: WAB) celebrated today the start of operations at Neighborhood 91, the additive manufacturing production campus at Pittsburgh Inter...

1 week ago - GlobeNewsWire

Final Trades: Wabtec, Thermo Fisher, Monster Beverage & more

YouTube video

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: MNST, TMO
2 weeks ago - CNBC Television

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE:WAB) (“Wabtec”) and Wabtec Transportation Netherlands B.V. (the “Issuer”), a wholly owned subsidiary of Wabtec, have announced the pricing of the Is...

3 weeks ago - Business Wire

4 Stocks to Buy From the Recovering Transport Equipment & Leasing Industry

Other stocks mentioned: CAI, HRI, R, TGH, TRN, TRTN
4 weeks ago - Zacks Investment Research

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a rail industry first as its FLXdrive battery-electric locomotive delivered more than an 11-percent average reduction in fuel ...

1 month ago - Business Wire

The market for freight railcars is showing signs of improvement but data for railcar orders, deliveries and backlogs still reflects current market softness. Railcar orders rose by 80% to 6,227 railcars ...

Other stocks mentioned: GATX, TRN
1 month ago - FreightWaves

Decline in net sales in the Freight segment hurts Wabtec's (WAB) Q1 results.

1 month ago - Zacks Investment Research

Wabtec (WAB) delivered earnings and revenue surprises of 4.71% and 0.29%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Shares of Westinghouse Air Brake (NYSE:WAB) decreased 0.0% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 8.25% year over year to $0.89, which bea...

1 month ago - Benzinga

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported first quarter 2021 earnings per diluted share of $0.59 and adjusted earnings per diluted share of $0.89, versus earnings per di...

1 month ago - Business Wire

Wabtec (WAB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Wabtec's (WAB) Q1 performance is expected to have benefited from cost-management efforts amid softness in the Freight and Transit segments.

1 month ago - Zacks Investment Research

Wabtec (WAB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2021 first quarter results before the U.S. financial markets open on April 29, 2021. The company will conduct a confe...

2 months ago - Business Wire

Wabtec's (WAB) impending acquisition of Nordco is expected to increase the company's presence in the maintenance of way segment and strengthen its position in the growing railcar mover market.

2 months ago - Zacks Investment Research

Pittsburgh-headquartered rail technology provider Wabtec (NYSE: WAB) is acquiring Nordco, which supplies new, rebuilt and used maintenance-of-way equipment. Nordco, which had belonged to parent company ...

2 months ago - FreightWaves

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today it has signed a definitive agreement to acquire Nordco, a leading North American supplier of new, rebuilt and used maintenance...

2 months ago - Business Wire

Wabtec (WAB) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Can public and private interests work together to develop technological solutions that would enable a more sustainable freight transportation network? Rail technology provider Wabtec (NYSE: WAB) and oth...

3 months ago - FreightWaves

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on May 21, 2021 to hol...

3 months ago - Business Wire

Wabtec (NYSE: WAB) could develop more battery electric locomotives in the future as prospective buyers eye ways to improve fuel efficiency, executives of the rail technology provider said during the com...

4 months ago - FreightWaves

Earnings and guidance came in a bit lower than Wall Street had expected.

4 months ago - The Motley Fool

Wabtec's (WAB) Q4 results are hurt by weak revenues from freight equipment, components, digital electronics and transit aftermarket sales.

4 months ago - Zacks Investment Research

Shares of Westinghouse Air Brake (NYSE:WAB) moved higher by 0.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 5.77% year over year to $0.98, whi...

4 months ago - Benzinga

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported fourth quarter and full year 2020 results and issued financial guidance. “Wabtec delivered strong operational performance durin...

4 months ago - Business Wire

Wabtec (WAB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today announced that Erwan Faiveley has informed the company's Board of Directors he does not intend to seek re-election at the company's Annu...

4 months ago - Business Wire

Wabtec (WAB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research

Low operating expenses are likely to get reflected in Wabtec's (WAB) fourth-quarter 2020 earnings. Meanwhile, tepid sales due to pandemic are likely to have put pressure on the top line.

4 months ago - Zacks Investment Research

Low fuel costs are likely to have cushioned the bottom-line performances of Forward Air (FWRD), Air Lease (AL) and Wabtec (WAB) in Q4 despite the continued pandemic woes.

Other stocks mentioned: AL, FWRD
4 months ago - Zacks Investment Research

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) debuted on the Human Rights Campaign Foundation's 2021 Corporate Equality Index (CEI), the standard for measuring policies and practices that ...

4 months ago - Business Wire

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that it secured an order from the Hyundai Rotem Company to supply several key components on train cars for Singapore Mass Rapi...

4 months ago - Business Wire

The U.S. operations of the Class I railroads employed the fewest number of employees in 2020 since at least 2012. Headcount at U.S. Class I rail operations totaled 120,492 employees last year, a 14% dec...

Other stocks mentioned: NSC, UNP
5 months ago - FreightWaves

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2020 fourth quarter results before the U.S. financial markets open on Feb. 18, 2021. The company will conduct a confe...

5 months ago - Business Wire

AL vs. WAB: Which Stock Is the Better Value Option?

Other stocks mentioned: AL
5 months ago - Zacks Investment Research

Western U.S. railroad BNSF (NYSE: BRK) and rail technology provider Wabtec (NYSE: WAB) are exploring how battery-electric locomotives operate in service. The two are in the advanced testing stages for a...

5 months ago - FreightWaves

FORT WORTH, Texas--(BUSINESS WIRE)--BNSF Railway Company (BNSF) and Wabtec's (NYSE: WAB) exploration of the future potential of battery-electric locomotives crosses another significant milestone this we...

5 months ago - Business Wire

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on February 26, 2021 t...

6 months ago - Business Wire

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today the appointment of Lee Banks to its Board of Directors. Banks, 57, is President and Chief Operating Officer for Parker Hannifi...

6 months ago - Business Wire

Reducing greenhouse gas (GHG) emissions and ensuring better energy usage and waste management are some of the short-term and long-term goals that Wabtec Corp. (NYSE: WAB) and Greenbrier Cos. (NYSE: GBX)...

Other stocks mentioned: GBX
6 months ago - FreightWaves

Rail is the lowest-emitting mode of freight per ton mile. This infographic shows that rail is only responsible for 6% of logistics-related greenhouse gas (GHG) emissions.

Other stocks mentioned: CNI, CP, CSX, KSU, NSC, UNP
6 months ago - FreightWaves

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation, a private Canadian investment company, to purch...

7 months ago - Business Wire

International demand for railcars and services will drive Wabtec's freight segment (NYSE: WAB) in the fourth quarter and into 2021, executives said Thursday as they announced the rail equipment manufact...

7 months ago - FreightWaves

About WAB

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and ... [Read more...]

Industry
Railroads
IPO Date
Jun 20, 1995
CEO
Rafael Santana
Employees
27,000
Stock Exchange
NYSE
Ticker Symbol
WAB
Full Company Profile

Financial Performance

In 2020, Wabtec's revenue was $7.56 billion, a decrease of -7.85% compared to the previous year's $8.20 billion. Earnings were $414.40 million, an increase of 26.84%.

Financial Statements

Analyst Forecasts

According to 12 analysts, the average rating for Wabtec stock is "Buy." The 12-month stock price forecast is 88.56, which is an increase of 14.08% from the latest price.

Price Target
$88.56
(14.08% upside)
Analyst Consensus: Buy