Westinghouse Air Brake Technologies Corporation (WAB)
| Market Cap | 29.51B |
| Revenue (ttm) | 9.98B |
| Net Income (ttm) | 918.00M |
| Shares Out | 176.39M |
| EPS (ttm) | 5.12 |
| PE Ratio | 32.68 |
| Forward PE | 23.82 |
| Dividend | $0.80 (0.48%) |
| Ex-Dividend Date | Feb 22, 2024 |
| Volume | 885,421 |
| Open | 165.26 |
| Previous Close | 165.56 |
| Day's Range | 165.24 - 167.75 |
| 52-Week Range | 91.89 - 167.75 |
| Beta | 1.36 |
| Analysts | Buy |
| Price Target | 154.42 (-7.72%) |
| 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]
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 StatementsAnalyst Forecast
According to 12 analysts, the average rating for WAB stock is "Buy." The 12-month stock price forecast is $154.42, which is a decrease of -7.72% from the latest price.
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...
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...
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...
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 ...
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.
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...
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 $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (...
MRS Orders 30 Wabtec Evolution Series Locomotives
RIO DE JANEIRO & PITTSBURGH--(BUSINESS WIRE)--MRS Logística (MRSA-MB) and Wabtec Corporation (NYSE: WAB) announced an agreement for 30 new Evolution Series locomotives. The deal is valued at around R$...
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...
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...
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 ...
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...
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...
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...
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...
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.
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.
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...
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 ...
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...
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...
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...
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...
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...
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...