Zacks Research Weighs in on Wabtec’s Q2 Earnings (NYSE:WAB)

Wabtec (NYSE:WAB) – Zacks Research upped their Q2 2027 earnings estimates for Wabtec in a note issued to investors on Wednesday, November 12th. Zacks Research analyst Team now forecasts that the transportation company will earn $2.66 per share for the quarter, up from their prior estimate of $2.64. The consensus estimate for Wabtec’s current full-year earnings is $8.54 per share. Zacks Research also issued estimates for Wabtec’s Q3 2027 earnings at $2.81 EPS.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. increased their price objective on Wabtec from $200.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. Wall Street Zen downgraded Wabtec from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Citigroup raised their price target on Wabtec from $225.00 to $245.00 and gave the company a “buy” rating in a research note on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research note on Wednesday, October 8th. Finally, Morgan Stanley raised their target price on shares of Wabtec from $220.00 to $226.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Wabtec presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.78.

Wabtec Stock Performance

Shares of NYSE:WAB opened at $203.60 on Friday. The firm’s 50 day simple moving average is $197.45 and its 200-day simple moving average is $199.04. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 1.42. Wabtec has a one year low of $151.81 and a one year high of $216.10. The firm has a market cap of $34.81 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 1.55 and a beta of 1.09.

Wabtec (NYSE:WAB) last announced its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.04. The company had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter last year, the business posted $2.00 EPS. Wabtec has set its FY 2025 guidance at 8.850-9.050 EPS.

Wabtec Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. Wabtec’s dividend payout ratio (DPR) is presently 14.53%.

Insiders Place Their Bets

In other news, CAO John A. Mastalerz, Jr. sold 2,766 shares of Wabtec stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $210.00, for a total value of $580,860.00. Following the transaction, the chief accounting officer owned 5,286 shares of the company’s stock, valued at $1,110,060. The trade was a 34.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Pascal Schweitzer sold 3,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $208.07, for a total transaction of $624,210.00. Following the sale, the insider directly owned 4,955 shares of the company’s stock, valued at $1,030,986.85. The trade was a 37.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,322 shares of company stock valued at $5,315,871 in the last three months. 1.10% of the stock is currently owned by insiders.

Institutional Trading of Wabtec

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Wabtec by 2.5% during the second quarter. Vanguard Group Inc. now owns 19,930,893 shares of the transportation company’s stock worth $4,172,532,000 after acquiring an additional 493,437 shares during the last quarter. Geode Capital Management LLC increased its stake in Wabtec by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 4,288,014 shares of the transportation company’s stock valued at $893,830,000 after purchasing an additional 30,489 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Wabtec by 3.6% in the third quarter. Wellington Management Group LLP now owns 3,304,183 shares of the transportation company’s stock worth $662,390,000 after buying an additional 116,329 shares during the last quarter. Boston Partners lifted its stake in shares of Wabtec by 1.9% during the third quarter. Boston Partners now owns 2,304,832 shares of the transportation company’s stock worth $462,057,000 after buying an additional 43,376 shares during the period. Finally, Nordea Investment Management AB grew its holdings in shares of Wabtec by 24.0% during the third quarter. Nordea Investment Management AB now owns 1,974,257 shares of the transportation company’s stock valued at $393,252,000 after buying an additional 381,728 shares during the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Wabtec 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.