Wabtec Corporation (WAB)
| 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 |
General Motors, Wabtec Announce Partnership on Electric and Hydrogen Powered Trains
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...
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...
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...
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.
The companies have signed a nonbinding memorandum of understanding for GM to engineer and supply its battery and fuel cell systems for Wabtec locomotives.
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...
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...
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...
Final Trades: Wabtec, Thermo Fisher, Monster Beverage & more
The "Halftime Report" traders give their top picks to watch for the second half.
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...
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 ...
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 ...
Decline in net sales in the Freight segment hurts Wabtec's (WAB) Q1 results.
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?
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...
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...
Wabtec (WAB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Wabtec's (WAB) Q1 performance is expected to have benefited from cost-management efforts amid softness in the Freight and Transit segments.
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.
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...
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.
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 ...
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...
Wabtec (WAB) reported earnings 30 days ago. What's next for the stock?
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...
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...
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...
Earnings and guidance came in a bit lower than Wall Street had expected.
Wabtec's (WAB) Q4 results are hurt by weak revenues from freight equipment, components, digital electronics and transit aftermarket sales.
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...
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...
Wabtec (WAB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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...
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.
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.
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.
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 ...
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...
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...
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...
AL vs. WAB: Which Stock Is the Better Value Option?
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...
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...
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...
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...
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)...
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...
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...
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 |
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%.
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.