Westinghouse Air Brake Technologies (NYSE:WAB) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

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

Westinghouse Air Brake Technologies Price Performance

Shares of NYSE WAB traded down $19.36 during midday trading on Wednesday, reaching $188.76. 1,568,908 shares of the company were exchanged, compared to its average volume of 919,278. The stock’s 50-day moving average price is $199.40 and its 200-day moving average price is $185.99. The stock has a market cap of $32.45 billion, a P/E ratio of 31.35, a PEG ratio of 1.33 and a beta of 1.27. The company has a quick ratio of 0.65, a current ratio of 1.30 and a debt-to-equity ratio of 0.34. Westinghouse Air Brake Technologies has a one year low of $131.33 and a one year high of $210.88.

Westinghouse Air Brake Technologies Increases Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on WAB. Bank of America lifted their price objective 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 boosted their price target 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. Susquehanna increased their price objective on shares of Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. The Goldman Sachs Group raised their target price on shares of Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Finally, Stephens upped their price target 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 research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to 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.