Westinghouse Air Brake Technologies (NYSE:WAB) Announces Earnings Results, Misses Expectations By $0.06 EPS

Westinghouse Air Brake Technologies (NYSE:WABGet Free Report) posted its quarterly earnings data on Wednesday. The transportation company reported $1.68 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.06), Zacks reports. Westinghouse Air Brake Technologies had a return on equity of 12.52% and a net margin of 10.25%. Westinghouse Air Brake Technologies updated its FY 2025 guidance to 8.350-8.750 EPS.

Westinghouse Air Brake Technologies Stock Performance

WAB stock opened at $189.24 on Thursday. The company has a quick ratio of 0.65, a current ratio of 1.30 and a debt-to-equity ratio of 0.34. Westinghouse Air Brake Technologies has a twelve month low of $131.33 and a twelve month high of $210.88. The business’s fifty day moving average is $199.13 and its 200-day moving average is $186.01. The company has a market cap of $32.53 billion, a P/E ratio of 31.54, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27.

Westinghouse Air Brake Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a dividend of $0.25 per share. This is a boost from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 0.53%. Westinghouse Air Brake Technologies’s payout ratio is presently 13.33%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WAB shares. The Goldman Sachs Group lifted their price target on Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Bank of America boosted their target price on shares of Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. KeyCorp increased their price target on shares of Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Susquehanna raised their price target on shares of Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a “positive” rating in a report on Monday, October 21st. Finally, Stephens upped their price objective on Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Westinghouse Air Brake Technologies currently has an average rating of “Moderate Buy” and an average price target of $188.50.

Check Out Our Latest Research Report on Westinghouse Air Brake Technologies

Westinghouse Air Brake Technologies Company Profile

(Get Free Report)

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.

See Also

Earnings History for Westinghouse Air Brake Technologies (NYSE:WAB)

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