The stock price of Wabtec Corporation (NYSE: WAB) increased by 5.86% today. Investors responded positively to Wabtec announcing it recently acquired the railway friction business from MASU, a leading manufacturer of friction products across the automotive and rail industry.
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Is wabtec a buy or sell?
Westinghouse Air Brake Technologies has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Is WAB a good stock to buy?
The financial health and growth prospects of WAB, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
What is wabtec net worth?
Wabtec manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to 6,000 horsepower (4 MW)....Wabtec.Trade nameWabtec CorporationNet incomeUS$ 262.3 million (2017)Total assetsUS$ 6,580 million (2017)Total equityUS$ 2,829 million (2017)Number of employees18,00014 more rows
Is Wabtec a good company?
Wabtec has an overall rating of 3.6 out of 5, based on over 932 reviews left anonymously by employees. 70% of employees would recommend working at Wabtec to a friend and 62% have a positive outlook for the business. This rating has improved by 3% over the last 12 months.
Does GE own Wabtec?
WILMERDING, PA, (Feb. 25, 2019) – Wabtec Corporation (NYSE: WAB) announced today it has completed its merger with GE Transportation, a former business unit of GE (NYSE: GE).
Is Wabtec a big company?
The merger transitioned Wabtec from a company with $4.4 billion in annual sales to one with a projected $8.3 billion in annual sales. Wabtec, which also earned Fortune 500 company status through the transaction, grew from 18,000 employees to 27,000.
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 118.19% 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 90.21% 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...
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How to calculate restricted stock?
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
Is Wabtec a GE?
Wabtec is in a period of transition, last year swallowing the locomotive business of General Electric ( NYSE:GE) to increase its size and scale but also taking on a challenging integration. Trends in the railroad business, including a push by major operators to move more freight with fewer locomotives, were also weighing on investors heading into 2020.
Is Wabtec still a strong operator?
Wabtec remains a strong operator, but it is still affected by the current mess, so it is no surprise the company's shares are falling along with those of railroads and other businesses tied to the global shipping industry.