Westinghouse Air Brake Technologies (NYSE:WAB – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 8.350-8.950 for the period, compared to the consensus earnings per share estimate of 8.540. The company issued revenue guidance of $10.7 billion-$11.0 billion, compared to the consensus revenue estimate of $11.0 billion.
Wall Street Analyst Weigh In
WAB has been the topic of a number of recent research reports. StockNews.com cut Westinghouse Air Brake Technologies from a “buy” rating to a “hold” rating in a report on Monday, March 3rd. Bank of America raised their price target on shares of Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Stephens reiterated an “overweight” rating and set a $220.00 price target on shares of Westinghouse Air Brake Technologies in a report on Thursday, February 13th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Westinghouse Air Brake Technologies in a report on Thursday, April 10th. They set a “neutral” rating and a $175.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $201.86.
Check Out Our Latest Stock Analysis on Westinghouse Air Brake Technologies
Westinghouse Air Brake Technologies Price Performance
Westinghouse Air Brake Technologies (NYSE:WAB – Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The transportation company reported $1.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a return on equity of 12.78% and a net margin of 10.17%. On average, analysts expect that Westinghouse Air Brake Technologies will post 8.54 earnings per share for the current year.
Westinghouse Air Brake Technologies Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a $0.25 dividend. This is an increase 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 0.58%. The ex-dividend date of this dividend was Friday, February 21st. Westinghouse Air Brake Technologies’s payout ratio is currently 16.58%.
Insider Buying and Selling at Westinghouse Air Brake Technologies
In other Westinghouse Air Brake Technologies news, CEO Rafael Santana sold 886 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $185.07, for a total transaction of $163,972.02. Following the transaction, the chief executive officer now owns 201,558 shares in the company, valued at $37,302,339.06. The trade was a 0.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.
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.
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