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As of close of business last night, Westinghouse Air Brake Technologies Corp’s stock clocked out at $188.28, up 0.05% from its previous closing price of $188.19. In other words, the price has increased by $0.05 from its previous closing price. On the day, 1.3 million shares were traded.
Ratios:
To gain a deeper understanding of WAB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.37.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 26 ’24 when Sbrocco Gregory sold 565 shares for $201.37 per share. The transaction valued at 113,772 led to the insider holds 16,101 shares of the business.
Sbrocco Gregory bought 565 shares of WAB for $113,772 on Nov 26 ’24. On Nov 11 ’24, another insider, NEUPAVER ALBERT J, who serves as the Director of the company, sold 10,000 shares for $202.00 each. As a result, the insider received 2,020,001 and left with 604,447 shares of the company.
Valuation Measures:
As of this moment, Westinghouse’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.20, and their Forward P/E ratio for the next fiscal year is 19.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.10 while its Price-to-Book (P/B) ratio in mrq is 3.20.
Stock Price History:
Over the past 52 weeks, WAB has reached a high of $210.88, while it has fallen to a 52-week low of $132.77. The 50-Day Moving Average of the stock is -5.44%, while the 200-Day Moving Average is calculated to be 5.03%.
Shares Statistics:
A total of 171.30M shares are outstanding, with a floating share count of 168.99M. Insiders hold about 1.09% of the company’s shares, while institutions hold 93.61% stake in the company.
Earnings Estimates
Westinghouse Air Brake Technologies Corp (WAB) is currently under the scrutiny of 8.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $2.18, with high estimates of $2.28 and low estimates of $2.11.
Analysts are recommending an EPS of between $8.72 and $8.41 for the fiscal current year, implying an average EPS of $8.59. EPS for the following year is $9.72, with 10.0 analysts recommending between $10.03 and $9.38.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $2.61B. It ranges from a high estimate of $2.63B to a low estimate of $2.59B. As of the current estimate, Westinghouse Air Brake Technologies Corp’s year-ago sales were $2.5BFor the next quarter, 7 analysts are estimating revenue of $2.76B. There is a high estimate of $2.81B for the next quarter, whereas the lowest estimate is $2.72B.
A total of 11 analysts have provided revenue estimates for WAB’s current fiscal year. The highest revenue estimate was $11.19B, while the lowest revenue estimate was $10.8B, resulting in an average revenue estimate of $10.99B. In the same quarter a year ago, actual revenue was $10.39BBased on 11 analysts’ estimates, the company’s revenue will be $11.62B in the next fiscal year. The high estimate is $11.84B and the low estimate is $11.33B.
