Westinghouse Air Brake Technologies (NYSE:WAB – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 8.350-8.750 for the period, compared to the consensus EPS estimate of 8.640. The company issued revenue guidance of $10.7 billion-$11.0 billion, compared to the consensus revenue estimate of $11.0 billion.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Susquehanna increased their price target on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a “positive” rating in a research report on Monday, October 21st. KeyCorp increased their price target on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Stephens reissued an “overweight” rating and issued a $220.00 price target on shares of Westinghouse Air Brake Technologies in a research report on Thursday. Bank of America upped their price objective on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, The Goldman Sachs Group upped their price objective on Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a “neutral” rating in a research note 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’s stock. According to data from MarketBeat, Westinghouse Air Brake Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $190.38.
Westinghouse Air Brake Technologies Stock Up 3.8 %
Westinghouse Air Brake Technologies (NYSE:WAB – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The transportation company reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a net margin of 10.25% and a return on equity of 12.52%. As a group, equities research analysts predict that Westinghouse Air Brake Technologies will post 7.6 earnings per share for the current year.
Westinghouse Air Brake Technologies Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be paid a $0.25 dividend. This is a boost from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. This represents a $1.00 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date is Friday, February 21st. Westinghouse Air Brake Technologies’s payout ratio is 13.33%.
About Westinghouse Air Brake Technologies
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.
Recommended Stories
- Five stocks we like better than Westinghouse Air Brake Technologies
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
- The Risks of Owning Bonds
- Cisco Roars Back: Is the Tech Giant Reborn?
- How to Invest in Blue Chip Stocks
- Albemarle’s Earnings Are In—Is the Stock a Buy Now?
Receive News & Ratings for Westinghouse Air Brake Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westinghouse Air Brake Technologies and related companies with MarketBeat.com's FREE daily email newsletter.