Wabtec (NYSE:WAB) Posts Earnings Results, Beats Expectations By $0.10 EPS

Wabtec (NYSE:WAB) posted its quarterly earnings data on Wednesday. The transportation company reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.73 by $0.10, FiscalAI reports. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%. The business’s revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.32 earnings per share.

Wabtec Stock Performance

NYSE WAB opened at $283.61 on Wednesday. The company has a market cap of $47.91 billion, a PE ratio of 38.12, a price-to-earnings-growth ratio of 1.94 and a beta of 0.92. The stock’s 50 day simple moving average is $287.91 and its 200-day simple moving average is $275.80. Wabtec has a 1-year low of $186.06 and a 1-year high of $306.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.12 and a quick ratio of 0.59.

Wabtec Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 17th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Tuesday, November 17th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. Wabtec’s dividend payout ratio is presently 16.67%.

Key Stories Impacting Wabtec

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec reported third-quarter adjusted EPS of $2.83, up 22% year over year and ahead of the $2.73 analyst consensus. GAAP EPS reached $2.42, a 33.7% increase, while sales grew 8.1% to $3.12 billion. Wabtec Reports Strong Third Quarter 2026 Results
• Positive Sentiment: The company raised and tightened its 2026 adjusted EPS outlook, with the high end increased to $11.05. Management also reported a 1.9-percentage-point improvement in adjusted operating margin to 22.9%, indicating stronger profitability. Wabtec Raises 2026 EPS Guidance
• Neutral Sentiment: Wabtec is discussing potential locomotive fleet modernization, locomotive supplies, and a mining-equipment service center in Uzbekistan. These initiatives could create longer-term international opportunities, but no firm contract or financial contribution was announced. Uzbekistan and Wabtec Discuss Locomotive Fleet Modernisation
• Negative Sentiment: Quarterly revenue of $3.12 billion missed the $3.20 billion consensus estimate. The shortfall, despite the EPS beat, raised concerns about demand or execution and was the primary factor weighing on the shares. Wabtec Stock Falls on Revenue Miss

Insider Transactions at Wabtec

In other news, CTO Eric Gebhardt sold 7,100 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $299.27, for a total value of $2,124,817.00. Following the completion of the sale, the chief technology officer directly owned 19,153 shares in the company, valued at $5,731,918.31. This represents a 27.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael Fetsko sold 3,250 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $293.22, for a total transaction of $952,965.00. Following the completion of the transaction, the insider directly owned 37,380 shares in the company, valued at approximately $10,960,563.60. This represents a 8.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 17,552 shares of company stock valued at $5,232,911. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on WAB shares. KeyCorp lifted their price target on shares of Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. boosted their price target on shares of Wabtec from $315.00 to $320.00 and gave the stock a “neutral” rating in a report on Monday, September 21st. Citigroup reduced their price objective on shares of Wabtec from $341.00 to $338.00 and set a “buy” rating for the company in a research report on Thursday, October 8th. Stephens increased their price objective on shares of Wabtec from $320.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company lifted their target price on shares of Wabtec from $284.00 to $315.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Wabtec presently has an average rating of “Moderate Buy” and an average target price of $313.55.

Wabtec Company Profile

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec (NYSE: WAB), is a global provider of equipment, systems, digital solutions and services for the freight and passenger rail industries. The company develops technologies intended to improve the safety, efficiency, reliability and sustainability of rail transportation.

Wabtec’s products and services include locomotives, locomotive components and modernization programs, braking systems, train control and signaling equipment, power and propulsion systems, and advanced digital solutions.