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Wabtec Corporation (WAB)

NYSE: WAB · IEX Real-Time Price · USD
92.40 -0.60 (-0.65%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap17.47B
Revenue (ttm)7.73B
Net Income (ttm)453.20M
Shares Out188.60M
EPS (ttm)2.38
PE Ratio38.82
Forward PE17.76
Dividend$0.48 (0.52%)
Ex-Dividend DateAug 12, 2021
Volume765,163
Open93.30
Previous Close93.00
Day's Range91.98 - 93.42
52-Week Range55.49 - 93.97
Beta1.67
AnalystsBuy
Price Target96.89 (+4.9%)
Est. Earnings DateOct 28, 2021

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 ...

IndustryMachinery
IPO DateJun 20, 1995
CEORafael Santana
Employees27,000
Stock ExchangeNYSE
Ticker SymbolWAB
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 Forecast

According to 12 analysts, the average rating for Wabtec stock is "Buy." The 12-month stock price forecast is 96.89, which is an increase of 4.86% from the latest price.

Price Target
$96.89
(4.86% upside)
Analyst Consensus: Buy

News

Wabtec Pockets Equipment Contract To Modernize Chicago's Metra Commuter Rail Service

Westinghouse Air Brake Technologies Corp (NYSE: WAB) received an order to improve passenger experience, reliability, and safety for Metra, the commuter rail system in the Chicago metropolitan area. Fina...

2 days ago - Benzinga

Wabtec Wins Equipment Contract to Modernize Chicago's Metra Commuter Rail Service

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today an order to improve passenger experience, reliability, and safety for Metra, the commuter rail system in the Chicago metropoli...

2 days ago - Business Wire

Westinghouse Air Brake Technologies (WAB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Wabtec (WAB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 days ago - Zacks Investment Research

Wabtec Opens Its Largest Engineering Lab in India

BENGALURU, India--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB), a leading technology supplier for the freight and transit rail industries, inaugurated today a world-class global engineering lab at Be...

1 week ago - Business Wire

Wabtec (WAB) to Deliver Gates to Marseille's Metro Project

Wabtec's (WAB) deal to supply platform gates to Marseille NEOMMA metro automation project is valued at 60 million euros.

1 week ago - Zacks Investment Research

Wabtec Bags €60M Order For Platform Gates To Support Marseille Metro Automation Project

Westinghouse Air Brake Technologies Corp (NYSE: WAB) has received an order to supply platform gates to Marseille's metro automation project.  The deal is valued at €60 million and is part of France's se...

2 weeks ago - Benzinga

Wabtec Announces Third Quarter 2021 Earnings Release Date

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2021 third quarter results before the U.S. financial markets open on October 27, 2021. The company will conduct a con...

2 weeks ago - Business Wire

Wabtec Secures €60m Order for Platform Gates to Support the Marseille NEOMMA Metro Automation Project

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) is to supply platform gates to Marseille's metro automation project. The deal, valued at €60m, is part of plans by France's second city to upg...

2 weeks ago - Business Wire

3 Infrastructure Stocks to Buy Right Now

These companies could be big winners if the proposed legislation passes.

Other symbols:CHPTLNN
3 weeks ago - The Motley Fool

Here's How Much You Would Have Made Owning Westinghouse Air Brake Stock In The Last 15 Years

Westinghouse Air Brake (NYSE:WAB) has outperformed the market over the past 90 days by 7.8%, generating a 10.63% return for its investors over the time period. Now, given this information, it may seem l...

3 weeks ago - Benzinga

4 Top Stocks From the Buoyant Transport Equipment & Leasing Industry

With improved equipment and lease demand, and low interest rates favoring the Zacks Transportation - Equipment and Leasing industry's near-term prospects, R, HRI, GATX and GBX are expected to capitalize...

Other symbols:GATXGBXHRIRTRN
1 month ago - Zacks Investment Research

TRTN or WAB: Which Is the Better Value Stock Right Now?

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

Other symbols:TRTN
1 month ago - Zacks Investment Research

Wabtec (WAB) Aims to Decarbonize Freight Rail & Improve Safety

Wabtec (WAB) signs an MOU with Carnegie Mellon University and Genesee & Wyoming to create zero-emission locomotives, increase freight rail utilization and improve safety.

1 month ago - Zacks Investment Research

Roy Hill Sets New Course with Purchase of FLXdrive Battery Locomotive

PERTH, Australia & PITTSBURGH--(BUSINESS WIRE)--Roy Hill announced the purchase of Wabtec's (NYSE: WAB) FLXdrive battery-electric locomotive, the world's first 100-percent battery, heavy-haul locomotive...

1 month ago - Business Wire

Fuel Cells Could Be the Future: Here Are Three Stocks That Can Cash In

Batteries aren't the only game in town.

1 month ago - The Motley Fool

Wabtec Signs Memoranda of Understanding with Carnegie Mellon University and Genesee & Wyoming to Decarbonize Freight ...

PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) announced today that it has signed a memorandum of understanding (MOU) with Carnegie Mellon University, a top university in engineering, artificial intell...

1 month ago - Business Wire

Here's Why Westinghouse Air Brake Technologies (WAB) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

Final Trades: Abbvie, Wabtec, Freeport-McMoRan & more

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

Other symbols:ABBVFCX
1 month ago - CNBC Television

Wabtec (WAB) Picks John Olin to Succeed Pat Dugan as CFO

Wabtec (WAB) chooses former chief financial officer of Harley-Davidson, John Olin, to succeed Pat Dugan, after he departs in the fourth quarter.

Other symbols:OLN
2 months ago - Zacks Investment Research

Wabtec Appoints John Olin to Executive Vice President and Chief Financial Officer

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today announced John Olin will be named Executive Vice President and Chief Financial Officer of the company, effective October 1, 2021. Olin w...

2 months ago - Business Wire

Wabtec modernizes 1,000th locomotive

Wabtec has modernized its 1,000th locomotive in North and South America, the rail equipment manufacturer noted on Friday. Wabtec (NYSE: WAB) says rehabilitating older locomotives has resulted in up to a...

2 months ago - FreightWaves

Wabtec Celebrates the 1,000th Modernized Locomotive in the Americas

FORT WORTH, Texas--(BUSINESS WIRE)--Wabtec (NYSE: WAB) celebrated today its 1,000th locomotive modernization in North and South America. The milestone delivery to Norfolk Southern highlights the commerc...

2 months ago - Business Wire

Wabtec (WAB) Beats on Q2 Earnings, Ups 2021 Sales & EPS View

Higher sales at both segments aid Wabtec's (WAB) Q2 results.

2 months ago - Zacks Investment Research

Westinghouse Air Brake Technologies (WAB) Q2 Earnings and Revenues Surpass Estimates

Wabtec (WAB) delivered earnings and revenue surprises of 8.16% and 6.60%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Wabtec Reports 2nd Quarter 2021 Results; Updates 2021 Guidance

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported second quarter 2021 earnings per diluted share of $0.66 and adjusted earnings per diluted share of $1.06, versus earnings per d...

2 months ago - Business Wire