Westinghouse Air Brake Technologies Corporation (WAB)

NYSE: WAB · IEX Real-Time Price · USD
96.62
+0.53 (0.55%)
Aug 16, 2022 11:40 AM EDT - Market open
0.55%
Market Cap 17.60B
Revenue (ttm) 7.95B
Net Income (ttm) 635.80M
Shares Out 182.16M
EPS (ttm) 3.42
PE Ratio 28.25
Forward PE 19.46
Dividend $0.57 (0.59%)
Ex-Dividend Date Aug 12, 2022
Volume 121,230
Open 95.92
Previous Close 96.09
Day's Range 95.75 - 96.65
52-Week Range 78.26 - 100.05
Beta 1.53
Analysts Buy
Price Target 101.49 (+5.0%)
Earnings Date Aug 5, 2022

About WAB

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit 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 cooling ... [Read more...]

Industry Machinery
IPO Date Jun 20, 1995
CEO Rafael Santana
Employees 25,000
Stock Exchange NYSE
Ticker Symbol WAB
Full Company Profile

Financial Performance

In 2021, WAB's revenue was $7.82 billion, an increase of 3.52% compared to the previous year's $7.56 billion. Earnings were $558.00 million, an increase of 34.78%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for WAB stock is "Buy." The 12-month stock price forecast is 101.49, which is an increase of 5.04% from the latest price.

Price Target
$101.49
(5.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Wabtec Opens First European Transit Performance Optimization Center in Derby, UK

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) celebrated the grand opening of its first Transit Performance Optimization Center (TPOC) for Europe. The new center, located in Derby UK, was ...

Wabtec sees improving rail service as tailwind in 2nd half of 2022

Like others in the rail equipment sector, rail technology provider and locomotive manufacturer Wabtec sees improving rail service in the second half of 2022 as supporting the company's business. Improve...

Wabtec (WAB) Beats Q2 Earnings Estimates, Ups 2022 EPS View

Wabtec (WAB) second-quarter 2022 earnings and revenues increase year over year.

Westinghouse Air Brake Technologies (WAB) Surpasses Q2 Earnings Estimates

Wabtec (WAB) delivered earnings and revenue surprises of 0.82% and 1.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Wabtec Reports Strong 2nd Quarter 2022 Results

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) today reported second quarter 2022 GAAP earnings per diluted share of $0.91, up 37.9% versus the second quarter of 2021. Adjusted earnings per...

Will Cost Woes Mar Wabtec's (WAB) Prospects in Q2 Earnings?

Supply-chain woes might have elevated costs at Wabtec (WAB) during Q2.

TRTN vs. WAB: Which Stock Should Value Investors Buy Now?

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

Other symbols: TRTN

Westinghouse Air Brake Technologies (WAB) Reports Next Week: Wall Street Expects Earnings Growth

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.

Wabtec (WAB) Surges 5.6%: Is This an Indication of Further Gains?

Wabtec (WAB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Union Pacific signs record $1B deal with Wabtec to modernize locomotives

Union Pacific has signed a deal worth more than $1 billion for Wabtec Corporation to modernize 600 of its locomotives. The companies called it “the largest investment in modernized locomotives in rail i...

Other symbols: UNP

Union Pacific Signs Largest Locomotive Modernization Deal in Rail Industry History with Wabtec

Fuel-efficient upgrades will cut 350 tons of carbon per locomotive annually Modernization program will recycle 70,000 tons of steel – equivalent to 51,000 passenger cars Investment puts UP on path to ne...

Other symbols: UNP

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 15 cents per share, payable on August 29, 2022 to ...

Wabtec to Improve Metropolitan Atlanta Rapid Transit Authority Passenger Comfort with new HVAC Systems

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced today a contract to supply heating, ventilation, and air conditioning (HVAC) units for 56 new Stadler trains that will be operated b...

Wabtec Announces Second Quarter 2022 Earnings Release Date

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced it will report 2022 second quarter results before the U.S. financial markets open on August 5, 2022. The company will conduct a conf...

Wabtec Appoints Beverley Babcock to Board of Directors

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced the appointment of Beverley Babcock to its Board of Directors, effective today. Babcock, 61, has extensive financial and accounting ...

Solid Cash Balance Boosts Wabtec (WAB) Despite Expense Woes

Strong cash balance and strategic acquisitions aid Wabtec (WAB). However, high operating expenses are worrisome.

NASA taps three companies to design nuclear power plants for the Moon

Nuclear fission may have to overcome a public perception hurdle here on Earth in order to get the funding and development it needs to advance sufficiently to help our with our de-carbonization efforts, ...

Other symbols: LMT

Wabtec (WAB) Buys ARINC Rail Solutions, Expands in US & Canada

The ARINC Rail Solutions buyout helps Wabtec (WAB) expand its digital and electronics portfolio and enhance productivity, safety and efficiency across the global rail network.

Wabtec Acquires Collins Aerospace's ARINC Rail Solutions Business to Extend Rail Optimization Portfolio

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, has acquired Collins Aerospace's ARINC rail solutions business segment, a provider of...

Wabtec (WAB) Receives Canadian National's New Software Order

Wabtec (WAB) receives Canadian National's order for its newly launched Precision Dispatch System, which is expected to help the latter increase capacity and improve efficiency across its network.

CN to utilize new Wabtec software providing network visibility

Canadian railway CN will be using new and advanced software from rail technology provider Wabtec that both parties say could be a major step toward network automation for the rail industry. The software...

Other symbols: CNI

Why Westinghouse Air Brake Technologies (WAB) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Wabtec Advances Rail Network Optimization for CN with the Launch of its Precision Dispatch System

PITTSBURGH & MONTREAL--(BUSINESS WIRE)--Wabtec (NYSE: WAB) launched its new Precision Dispatch System today with an order from CN (TSX: CNR) (NYSE: CNI). The Precision Dispatch deal marks a major step t...

Other symbols: CNI

Wabtec Board Members, Lee Foster and Michael Howell, Announce Retirements

PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation's (NYSE: WAB) Board of Directors today announced the retirement of Directors Lee Foster and Michael Howell upon reaching the Board's retirement age. The r...

Wabtec (WAB) Down 3.1% Since Last Earnings Report: Can It Rebound?

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