After finishing at $94.70 in the prior trading day, Westinghouse Air Brake Technologies Corporation (NYSE: WAB) closed at $93.87, down -0.88%. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 1147981 shares were traded. WAB stock price reached its highest trading level at $94.74 during the session, while it also had its lowest trading level at $92.80.
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Our goal is to gain a better understanding of WAB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.32.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 09 when Gebhardt Eric sold 2,407 shares for $98.69 per share. The transaction valued at 237,559 led to the insider holds 21,513 shares of the business.
Fetsko Michael sold 7,676 shares of WAB for $803,110 on Feb 27. The Pres., Freight Components Grp. now owns 32,244 shares after completing the transaction at $104.63 per share. On Feb 17, another insider, Santana Rafael, who serves as the President and CEO of the company, sold 78,277 shares for $104.78 each. As a result, the insider received 8,201,856 and left with 72,577 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WAB now has a Market Capitalization of 17.37B and an Enterprise Value of 20.83B. As of this moment, Westinghouse’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.12, and their Forward P/E ratio for the next fiscal year is 15.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 2.41 whereas that against EBITDA is 13.84.
Stock Price History:
Over the past 52 weeks, WAB has reached a high of $107.86, while it has fallen to a 52-week low of $78.26. The 50-Day Moving Average of the stock is 98.05, while the 200-Day Moving Average is calculated to be 96.95.
The stock has traded on average 932.84K shares per day over the past 3-months and 878.45k shares per day over the last 10 days, according to various share statistics. A total of 179.90M shares are outstanding, with a floating share count of 174.07M. Insiders hold about 0.50% of the company’s shares, while institutions hold 94.70% stake in the company. Shares short for WAB as of Apr 27, 2023 were 2.04M with a Short Ratio of 2.00M, compared to 1.92M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.13% and a Short% of Float of 1.29%.
Dividends & Splits
In the trailing 12 months, WAB’s forward annual dividend rate was 0.62, compared to 0.68 this year. Against a Trailing Annual Dividend Yield of 0.65%, it implies a Forward Annual Dividend Yield of 0.70%. The stock’s 5-year Average Dividend Yield is 0.63. The current Payout Ratio is 17.20% for WAB, which recently paid a dividend on Jun 08, 2023 with an ex-dividend date of May 25, 2023. Stock splits for the company last occurred on Jun 11, 2013 when the company split stock in a 2:1 ratio.
Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of $1.33 for the current quarter, with a high estimate of $1.42 and a low estimate of $1.28, while EPS last year was $1.23. The consensus estimate for the next quarter is $1.36, with high estimates of $1.4 and low estimates of $1.3.
Analysts are recommending an EPS of between $5.55 and $5.25 for the fiscal current year, implying an average EPS of $5.4. EPS for the following year is $6, with 12 analysts recommending between $6.27 and $5.4.
9 analysts predict $2.23B in revenue for the current quarter. It ranges from a high estimate of $2.32B to a low estimate of $2.19B. As of the current estimate, Westinghouse Air Brake Technologies Corporation’s year-ago sales were $2.05B, an estimated increase of 8.70% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $2.18B, an increase of 2.20% less than the figure of $8.70% in the same quarter last year. There is a high estimate of $2.22B for the next quarter, whereas the lowest estimate is $2.07B.
A total of 12 analysts have provided revenue estimates for WAB’s current fiscal year. The highest revenue estimate was $9.07B, while the lowest revenue estimate was $8.76B, resulting in an average revenue estimate of $8.89B. In the same quarter a year ago, actual revenue was $8.36B, up 6.30% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $9.33B in the next fiscal year. The high estimate is $9.67B and the low estimate is $9.03B. The average revenue growth estimate for next year is up 4.90% from the average revenue estimate for this year.