Westinghouse Air Brake Technologies (NYSE:WAB) Announces Quarterly Earnings Results

Westinghouse Air Brake Technologies (NYSE:WAB) posted its quarterly earnings data on Wednesday. The transportation company reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($0.06), Zacks reports. Westinghouse Air Brake Technologies had a return on equity of 12.52% and a net margin of 10.25%. Westinghouse Air Brake Technologies updated its FY 2025 guidance to 8.350-8.750 EPS.

Westinghouse Air Brake Technologies Stock Down 9.1 %

WAB opened at $189.24 on Thursday. Westinghouse Air Brake Technologies has a twelve month low of $131.33 and a twelve month high of $210.88. The firm has a market cap of $32.53 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 1.33 and a beta of 1.27. The firm’s 50-day simple moving average is $199.13 and its 200-day simple moving average is $186.01. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.65 and a current ratio of 1.30.

Westinghouse Air Brake Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies’s payout ratio is currently 13.33%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on WAB shares. Bank of America upped their price target on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. KeyCorp upped their target price on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. The Goldman Sachs Group raised their target price on Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Susquehanna increased their price objective on shares of Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a “positive” rating in a research note on Monday, October 21st. Finally, Stephens raised their price objective on shares of Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Westinghouse Air Brake Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $188.50.

Westinghouse Air Brake Technologies Company Profile

Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.