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In the latest session, Westinghouse Air Brake Technologies Corp (NYSE: WAB) closed at $159.38 down -0.36% from its previous closing price of $159.96. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 1.05 million shares were traded. WAB stock price reached its highest trading level at $162.96 during the session, while it also had its lowest trading level at $158.53.
Ratios:
For a deeper understanding of Westinghouse Air Brake Technologies Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 25, 2024, Reiterated its Hold rating but revised its target price to $147 from $130 previously.
On February 15, 2024, TD Cowen reiterated its Market Perform rating and also lowered its target price recommendation from $125 to $130.
Redburn Atlantic Downgraded its Buy to Neutral on February 15, 2024, while the target price for the stock was maintained at $135.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 10 ’24 when Sbrocco Gregory sold 1,646 shares for $167.30 per share. The transaction valued at 275,376 led to the insider holds 16,666 shares of the business.
NEUPAVER ALBERT J sold 29,100 shares of WAB for $4,703,456 on Apr 30 ’24. The Director now owns 595,412 shares after completing the transaction at $161.63 per share. On Apr 29 ’24, another insider, Schweitzer Pascal, who serves as the President Transit of the company, sold 6,000 shares for $162.74 each. As a result, the insider received 976,410 and left with 10,633 shares of the company.
Valuation Measures:
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 27920668672 and an Enterprise Value of 31665702912. As of this moment, Westinghouse’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.87, and their Forward P/E ratio for the next fiscal year is 18.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 2.67. Its current Enterprise Value per Revenue stands at 3.099 whereas that against EBITDA is 15.469.
Stock Price History:
Over the past 52 weeks, WAB has reached a high of $170.83, while it has fallen to a 52-week low of $98.70. The 50-Day Moving Average of the stock is -2.50%, while the 200-Day Moving Average is calculated to be 14.09%.
Shares Statistics:
For the past three months, WAB has traded an average of 1.12M shares per day and 1322780 over the past ten days. A total of 177.80M shares are outstanding, with a floating share count of 173.34M. Insiders hold about 1.05% of the company’s shares, while institutions hold 94.90% stake in the company. Shares short for WAB as of 1721001600 were 1773719 with a Short Ratio of 1.59, compared to 1718323200 on 1882606. Therefore, it implies a Short% of Shares Outstanding of 1773719 and a Short% of Float of 1.15.
Dividends & Splits
According to the company, the forward annual dividend rate for WAB is 0.74, from 0.74 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0046261563The stock’s 5-year Average Dividend Yield is 0.62.
