What is the target price for Wabtec Corp (WAB)?
WAB: Raising target price to $96.00 WABTEC CORP has an Investment Rating of HOLD; a target price of $96.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Medium.
What is Westinghouse air brake Technologies Corp (WAB) earnings?
Westinghouse Air Brake Technologies Corp (NYSE:WAB) announced its quarterly earnings data on Tuesday, July, 30th. The transportation company reported $1.06 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.98 by $0.08.
What is the guidance range for Wab Inc?
The company provided earnings per share (EPS) guidance of $4.200-$4.300 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.260. The company issued revenue guidance of $7.90 billion-$8.05 billion, compared to the consensus revenue estimate of $8.08 billion. What price target have analysts set for WAB?
What does the Wabtec deal mean for GE stockholders?
Data source: Wabtec presentations. In a nutshell, you could look at this deal as a kind of near-term "reward" for long-suffering GE shareholders, as GE's management is returning capital from GE Transportation via stock in the new Wabtec. What's more, the deal has been structured in a tax-efficient manner.
Is WAB a good stock?
WAB has a Quality Grade of B, ranking ahead of 80.36% of graded US stocks.
What does WAB company do?
Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services. Whether it's freight rail, transit, mining, industrial or marine, our expertise, technologies, and people - together - are accelerating the future of transportation.
Does WAB pay a dividend?
Westinghouse Air Brake Technologies (NYSE:WAB) pays quarterly dividends to shareholders.
Is wabtec stock a buy?
Westinghouse Air Brake Technologies has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
What does WAB stand for?
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How does Wabtec make money?
Wabtec manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to 6,000 horsepower (4 MW).
Does wabtec pay a dividend?
When does Wabtec pay dividends? Wabtec pays a dividend 4 times a year. Payment months are February, May, August, November. The dividend calendar shows you for more than 1,000 dividend stocks in which month which company distributes its dividends.
Who owns Westinghouse Air Brake?
ZF FriedrichshafenWABCO Holdings was floated in a 2007 initial public offering by American Standard, WABCO's owners for 30 years. On 28 March 2019, it was announced that WABCO Holdings was to be bought by ZF Friedrichshafen for $7 billion US dollars, with the transaction completed in 2020.
Is Wabtec stock a Buy, Sell or Hold?
Wabtec stock has received a consensus rating of buy. The average rating score is and is based on 14 buy ratings, 1 hold ratings, and 1 sell ratings.
What was the 52-week low for Wabtec stock?
The low in the last 52 weeks of Wabtec stock was 76.36. According to the current price, Wabtec is 118.84% away from the 52-week low.
What was the 52-week high for Wabtec stock?
The high in the last 52 weeks of Wabtec stock was 100.04. According to the current price, Wabtec is 90.71% away from the 52-week high.
What are analysts forecasts for Wabtec stock?
The 16 analysts offering price forecasts for Wabtec have a median target of 96.06, with a high estimate of 113.00 and a low estimate of 77.00. The...
Company Profile
Analyst Opinions
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates through two segments, Freight and Transit. The Freight…
Research Reports
The Equity Summary Score is an accuracy-weighted sentiment derived from the ratings of independent research providers on Fidelity.com. It uses the past relative accuracy of the providers in determining the emphasis placed on any individual opinion. Learn More....
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This generated report* compiles independent, third-party information highlighting key fundamental and technical data, analyst opinions, stock price movement, earnings data, and industry comparisons. Available only to Fidelity customers.
News & Analysis: Westinghouse Air Brake Technologies
The Company provides value-added, technology-based products and services for the rail industry. The products and services through two principal business segments, the Freight Group and the Transit Group.
Key Data Points
The Fool has written over 100 articles on Westinghouse Air Brake Technologies.
Environmental, Social, and Governance Rating
Primary metrics and data points about Westinghouse Air Brake Technologies.
Business Summary
"A" score indicates excellent relative ESG performance and a high degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
About Westinghouse Air Brake Technologies
The Company provides value-added, technology-based products and services for the rail industry. The products and services through two principal business segments, the Freight Group and the Transit Group.
Westinghouse Air Brake Technologies (NYSE:WAB) Frequently Asked Questions
Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the Freight and Transit segments.
What is Westinghouse Air Brake Technologies's dividend yield?
7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Westinghouse Air Brake Technologies in the last twelve months. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock.
How much is Westinghouse Air Brake Technologies's annual dividend?
The current dividend yield for Westinghouse Air Brake Technologies (NYSE:WAB) is 0.50%. Learn more
How often does Westinghouse Air Brake Technologies pay dividends?
The annual dividend for Westinghouse Air Brake Technologies (NYSE:WAB) is $0.48. Learn more
When is Westinghouse Air Brake Technologies's next dividend payment?
Westinghouse Air Brake Technologies (NYSE:WAB) pays quarterly dividends to shareholders.
When was Westinghouse Air Brake Technologies's most recent dividend payment?
Westinghouse Air Brake Technologies's next quarterly dividend payment of $0.15 per share will be made to shareholders on Monday, February 28, 2022.
Is Westinghouse Air Brake Technologies's dividend growing?
Westinghouse Air Brake Technologies's most recent quarterly dividend payment of $0.12 per share was made to shareholders on Monday, November 29, 2021.
When did Westinghouse Air Brake Technologies last increase or decrease its dividend?
Over the past three years, Westinghouse Air Brake Technologies's dividend has not grown. It has decreased by 0.00%.
Signals & Forecast
The most recent change in Westinghouse Air Brake Technologies's dividend was an increase of $0.03 on Wednesday, February 16, 2022.
Support, Risk & Stop-loss
A buy signal was issued from a pivot bottom point on Thursday, January 27, 2022, and so far it has risen 0.58%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Is Westinghouse Air Brake Technologies Corporation stock A Buy?
Westinghouse Air Brake Technologies Corp finds support from accumulated volume at $87.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Insiders are negative selling more shares than they are buying in Westinghouse Air Brake Technologies Corp
Westinghouse Air Brake Technologies Corp holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
About Westinghouse Air Brake Technologies Corporation
In the last 100 trades there were 131.25 thousand shares bought and 331.2 thousand shares sold. The last trade was done 45 days ago by Fetsko Michael who sold 179 shares. In general the insiders are selling more stocks than they buy. There can be a variety of reasons for this, but in general it can be considered as a negative signal.
Golden Star Signal
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates through two segments, Freight and Transit.
Top Fintech Company
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
The details behind the deal suggest it's good news for GE shareholders -- it but won't convince the bears watching the stock
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
Near-term positive for shareholders
Just as promised on its first-quarter earnings call, General Electric Company ( GE -0.12% ) has announced a deal to exit its transportation business as part of a wider plan to unload $20 billion worth of assets.
A good deal for Wabtec
Let's start by breaking out who will own what after the merger. As you can see below, existing shareholders will be rewarded with stock, as well as future cash flow and dividends from the new Wabtec. So if you are a GE shareholder, you should have a keen interest in the rationale for the deal because you will be owning stock in Wabtec.`
Why GE bears won't be appeased, much
Wabtec's management certainly thinks it got a great deal. Aside from the tax benefit, the merged company is expected to generate $250 million in run-rate synergies by the fourth year after the deal, or around 3.2% of the combined 2017 revenue of GE Transportation and Wabtec.
The bottom line
The bearish case for GE stock, for the most part, focuses on the deterioration in free cash flow (FCF) and the ongoing problems in the power segment. The influx of $2.9 billion in cash from Wabtec won't impress the bears much.
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An analyst with a glass-half-full approach would see the deal as progress on GE's restructuring plans and note that the cash flow will give the company more leeway to restructure the power segment before a bounce-back in total FCF generation in 2019. Meanwhile, the structure of the deal is a nice way to return capital to GE shareholders.