Westinghouse Air Brake Technologies Corporation (WAB)

NYSE: WAB · IEX Real-Time Price · USD
163.38
+14.90 (10.04%)
At close: Apr 24, 2024, 4:00 PM
164.99
+1.61 (0.99%)
After-hours: Apr 24, 2024, 7:55 PM EDT
10.04%
Market Cap 28.92B
Revenue (ttm) 9.98B
Net Income (ttm) 918.00M
Shares Out 177.03M
EPS (ttm) 5.12
PE Ratio 31.91
Forward PE 23.89
Dividend $0.80 (0.49%)
Ex-Dividend Date Feb 22, 2024
Volume 3,660,245
Open 146.61
Previous Close 148.48
Day's Range 160.87 - 167.49
52-Week Range 91.89 - 167.49
Beta 1.41
Analysts Buy
Price Target 142.62 (-12.71%)
Earnings Date Apr 24, 2024

About WAB

Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive ... [Read more]

Industry Railroads
Sector Industrials
IPO Date Jun 20, 1995
Employees 29,000
Stock Exchange NYSE
Ticker Symbol WAB
Full Company Profile

Financial Performance

In 2023, WAB's revenue was $9.68 billion, an increase of 15.73% compared to the previous year's $8.36 billion. Earnings were $815.00 million, an increase of 28.75%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for WAB stock is "Buy." The 12-month stock price forecast is $142.62, which is a decrease of -12.71% from the latest price.

Price Target
$142.62
(-12.71% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Wabtec Delivers First Quarter 2024 Results; Raises Full-Year Guidance

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported first quarter 2024 GAAP earnings per diluted share of $1.53, up 64.5% versus the first quarter of 2023. Adjusted earnings per...

17 hours ago - Business Wire

Wabtec Secures Systems and Software Deal with ARTC to Support the Interoperability of Australia's National Rail Network

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a digital solutions agreement with Australian Rail Track Corporation (ARTC). The two companies will collaborate on developin...

7 days ago - Business Wire

Wabtec Announces First Quarter 2024 Earnings Release Date

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2024 first quarter results before the U.S. financial markets open on April 24, 2024. The company will conduct a con...

4 weeks ago - Business Wire

Wabtec Appoints Kyra Yates as Vice President of Investor Relations

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today the appointment of Kyra Yates as Vice President of Investor Relations effective March 18, 2023. In this role, Yates will be ...

6 weeks ago - Business Wire

Final Trades: Google, Wabtec, Flex LNG and QQQ

Today's ‘Halftime Report' Investment Committee, Jenny Harrington, Kari Firestone, Joe Terranova and Steve Weiss give their top picks to watch for the second half.

Other symbols: FLNGGOOGGOOGLQQQ
2 months ago - CNBC Television

Wabtec Launches the Next-Generation Railcar Mover – the Commander NXT

PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers. The NXT series will provide the railcar moving industry improved p...

2 months ago - Business Wire

Wabtec Announces Pricing of Senior Notes Offering

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) (“Wabtec”) today announced that it has priced a public offering of $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (...

2 months ago - Business Wire

MRS Orders 30 Wabtec Evolution Series Locomotives

RIO DE JANEIRO & PITTSBURGH--(BUSINESS WIRE)--MRS Logística (MRSA-MB) and Wabtec Corporation (NYSE: WAB) announced an agreement for 30 new Evolution Series locomotives. The deal is valued at around R$...

2 months ago - Business Wire

Wabtec Reports Strong Fourth Quarter 2023 Results; Issues 2024 Full-Year Guidance

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported fourth quarter 2023 GAAP earnings per diluted share of $1.20, up 39.5% versus the fourth quarter of 2022. Adjusted earnings p...

2 months ago - Business Wire

Wabtec and CSX Extend Deal to Modernize over 200 Locomotives

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corp. (NYSE: WAB) and CSX Corp. (NASDAQ: CSX) signed a deal for over 200 locomotive modernizations featuring a suite of digital solutions, innovations, and services...

Other symbols: CSX
2 months ago - Business Wire

Wabtec Wins Major Door and HVAC Contract for Norske Tog's New Train Fleet

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) won a major order to supply sustainable heating, ventilation, and air-conditioning (HVAC) units and efficient door systems for Norway-based ...

2 months ago - Business Wire

Wabtec's Trip OptimizerTM Surpasses 1 Billion Miles Significantly Reducing the Rail Industry's Fuel Consumption and Emissions

PITTSBURGH--(BUSINESS WIRE)--Wabtec's (NYSE: WAB) Trip Optimizer surpassed a major milestone as railroads used the energy-management software to efficiently operate their trains for more than 1 billio...

3 months ago - Business Wire

Wabtec Announces Fourth Quarter 2023 Earnings Release Date

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2023 fourth quarter results before the U.S. financial markets open on February 14, 2024. The company will conduct a...

3 months ago - Business Wire

Wabtec Announces Railcar Telematics Platform

PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) announced today its entrance into the railcar telematics market via an agreement with Intermodal Telematics B.V. (“IMT”), a Dutch company, under which W...

4 months ago - Business Wire

Wabtec Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

PITTSBURGH--(BUSINESS WIRE)--Wabtec (NYSE: WAB) announced today that it received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), the nation's foremos...

5 months ago - Business Wire

Earnings-season winners: 20 companies that have grown sales while improving profit margins

Earnings season is a time when investors like to see a “beat and raise” pattern. That is, companies report sales and earnings that surprise the market by coming in ahead of analysts' estimates.

6 months ago - Market Watch

Blue Line's Bill Baruch buys more shares of Caterpillar, Wabtec & more

Bryn Talkington, Joe Terranova, and Steve Weiss join 'Halftime Report' to discuss the overbought state of the stock market, whether the rally can continue, and more.

Other symbols: CAT
6 months ago - CNBC Television

Wabtec's 2023 Sustainability Report Highlights Progress on Key Initiatives

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) released today its 2023 Sustainability Report highlighting the company's vision and progress on key environmental, social, and governance (E...

6 months ago - Business Wire

Wabtec and Roy Hill Unveil the First FLXdrive Battery Locomotive

ERIE, Pa.--(BUSINESS WIRE)--Wabtec and its launch customer, Roy Hill, a leading iron ore miner majority owned by Australia's most successful private company, Hancock Prospecting, celebrated the debut ...

6 months ago - Business Wire

Wabtec Delivers Strong Third Quarter 2023 Results; Raises Full-Year Guidance

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported third quarter 2023 GAAP earnings per diluted share of $1.33, up 51.1% versus the third quarter of 2022. Adjusted earnings per...

6 months ago - Business Wire

Wabtec to Provide Brakes and Couplers for 640 New York City Metro System Train Cars

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) will provide brakes and couplers for 640 MTA New York City Transit (NYCT) train cars via its client Kawasaki Rail Car, Inc. The multi-millio...

6 months ago - Business Wire

Wabtec Declares Regular Quarterly Common Dividend

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 17 cents per share, payable on November 29, 2023...

6 months ago - Business Wire

Wabtec Announces Third Quarter 2023 Earnings Release Date

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2023 third quarter results before the U.S. financial markets open on October 25, 2023. The company will conduct a c...

7 months ago - Business Wire

Wabtec Comment on Progress Rail Complaint

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation today released the following statement about the purported antitrust complaint filed last week by Progress Rail, a Caterpillar Inc. company: “We believe...

8 months ago - Business Wire

Wabtec Delivers Strong Second Quarter 2023 Results; Raises Full-Year Guidance

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported second quarter 2023 GAAP earnings per diluted share of $1.06, up 16.5% versus the second quarter of 2022. Adjusted earnings p...

9 months ago - Business Wire