WAB - Wabtec Corporation

NYSE - NYSE Delayed Price. Currency in USD
76.74
+0.24 (+0.31%)
At close: 4:01PM EDT

76.74 0.00 (0.00%)
After hours: 4:23PM EDT

Stock chart is not supported by your current browser
Previous Close76.50
Open76.62
Bid76.27 x 800
Ask76.49 x 900
Day's Range76.20 - 76.93
52 Week Range65.09 - 115.40
Volume957,689
Avg. Volume2,243,611
Market Cap12.468B
Beta (3Y Monthly)1.40
PE Ratio (TTM)25.16
EPS (TTM)3.05
Earnings DateApr 25, 2019
Forward Dividend & Yield0.48 (0.65%)
Ex-Dividend Date2019-05-09
1y Target Est93.13
Trade prices are not sourced from all markets
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  • Based On Its ROE, Is Wabtec Corporation (NYSE:WAB) A High Quality Stock?
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  • Can Wabtec (WAB) Tide Over High-Cost Hurdle in Q1 Earnings?
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    Can Wabtec (WAB) Tide Over High-Cost Hurdle in Q1 Earnings?

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  • Were Hedge Funds Right About Souring On Wabtec Corporation (WAB)?
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  • Analysts Estimate Westinghouse Air Brake Technologies (WAB) to Report a Decline in Earnings: What to Look Out for
    Zacks5 days ago

    Analysts Estimate Westinghouse Air Brake Technologies (WAB) to Report a Decline in Earnings: What to Look Out for

    Wabtec (WAB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • No closer to contract agreements, Wabtec could move work out of Erie facility
    American City Business Journals7 days ago

    No closer to contract agreements, Wabtec could move work out of Erie facility

    Since the February merger of Wabtec and GE Transportation, union workers in Erie have pushed back against the manufacturing company's proposed contract changes. The two parties have until June 3 to come to an agreement.

  • Quarterly office reports noted 'unprecedented interest' to be in Pittsburgh's fringe neighborhoods
    American City Business Journals8 days ago

    Quarterly office reports noted 'unprecedented interest' to be in Pittsburgh's fringe neighborhoods

    New offices for Wabtec, Smith & Nephew and SAP helped stoke new office develop in the city's urban fringe

  • GlobeNewswire14 days ago

    Wabtec Declares Regular Quarterly Common Dividend, Announces Earnings Release Date

    Wabtec Corporation (WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on May 24, 2019 to holders of record on May 10, 2019. Wabtec also announced it will report 2019 first quarter results before the U.S. financial markets open on April 25, 2019.  The company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. ET the same day.  To listen to the call via webcast, please go to Wabtec’s new website at www.WabtecCorp.com and click on “Events & Presentations” in the “Investor Relations” section.  You can also go to www.wabtec.com and click on the “Investors” and “Webcasts” tabs of the site.  An audio replay of the call will be available by calling 412-317-0088 (passcode: 466#).

  • Markit14 days ago

    See what the IHS Markit Score report has to say about Westinghouse Air Brake Technologies Corp.

    Westinghouse Air Brake Technologies Corp NYSE:WABView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and declining Bearish sentimentShort interest | PositiveShort interest is moderate for WAB with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 8. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding WAB are favorable with net inflows of $71.42 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GuruFocus.com15 days ago

    Bill Nygren and David Herro Comment on WPP

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  • Is Wabtec Corporation's (NYSE:WAB) Balance Sheet A Threat To Its Future?
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    Is Wabtec Corporation's (NYSE:WAB) Balance Sheet A Threat To Its Future?

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  • GlobeNewswire21 days ago

    Kristine Kubacki Named Wabtec’s Vice President of Investor Relations

    Wabtec (WAB) announced that Kristine Kubacki, CFA, has joined the company as vice president of investor relations. In this role, Kubacki will be responsible for communicating the vision and value of Wabtec to shareholders and the financial community. Raymond T. Betler, Wabtec’s president and CEO, said, “Kristine is a highly respected analyst in our sector and will bring deep financial and strategic analytical skills, as well as an extensive understanding of transportation, manufacturing and supply chain logistics to the role.

  • ACCESSWIRE27 days ago

    Energy Companies Making Gains Through M&A

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  • Wabtec (WAB) Down 2.4% Since Last Earnings Report: Can It Rebound?
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    Wabtec (WAB) Down 2.4% Since Last Earnings Report: Can It Rebound?

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  • 3 Stocks Looking to Benefit From GE's Misfortunes
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  • Wabtec Corporation (NYSE:WAB) Insiders Have Been Selling
    Simply Wall St.last month

    Wabtec Corporation (NYSE:WAB) Insiders Have Been Selling

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  • What the GE-Danaher Deal Means to Both Sets of Investors
    Motley Fool2 months ago

    What the GE-Danaher Deal Means to Both Sets of Investors

    It's ultimately good news for both companies. Here's why.

  • Has the Turnaround of  GE Stock Already Come and Gone?
    InvestorPlace2 months ago

    Has the Turnaround of GE Stock Already Come and Gone?

    For the past several years, industrial conglomerate General Electric (NYSE:GE) has been on a continuous downtrend. Once one of the most important, valuable, and influential companies in the world, GE has turned into a shell of its former self thanks to mismanagement, an unbearable debt load, and a lack of company-wide innovation. This has led to GE stock turning into one of Wall Street's biggest losers for the past several years.Source: Shutterstock But GE stock has surprisingly turned into a big winner in early 2019. Year-to-date, General Electric stock is up 30%, as the technicals, fundamentals, and sentiment of GE stock have all meaningfully improved in 2019. Can this rally last? Is this the beginning of a multi-year rebound by GE stock? Or has the rally already come and gone? * 9 Trade War Stocks to Sell on U.S.-China Deal News That's tough to say. GE is making all the right moves to downsize and simplify its operations. Consequently, the GE of tomorrow will have stable, healthy growth with dramatically lower leverage and significantly higher margins.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the GE of tomorrow will also be much smaller and potentially have even less growth potential. Indeed, although GE is downsizing its operations and cutting its operational fat, CEO Larry Culp recently said that he expects its industrial-free-cash flow to be negative in 2019.In other words, things are getting better at GE, but not that much better. As a result, after GE stock rallied over the past few months, the risk-reward profile of General Electric stock at this point in time seems neither favorable nor unfavorable. It simply seems balanced. Balanced isn't a good enough reason to buy this stock, considering the lack of clarity of the company's long-term outlook and the recent rally of GE stock. As a result, I think investors should wait before buying into the rally of GE. All the Right MovesGE's management and GE stock are making all the right moves, and that's why GE stock is up 30% in 2019.Importantly, GE stock held the critical technical level of $6.66, which was the stock's long-term level of support that dates all the way back to 2009. Not only did GE stock hold that level, but it bounced off that level in a big way. Indeed, ever since, General Electric stock is up about 40%. That's a big move which implies that GE stock has indeed put in a bottom.More importantly, GE's management is doing everything right as it looks to reduce the company's leverage and improve its operational stability and profitability. Namely, the company is shedding assets rapidly.Among the assets that GE has sold are its transportation unit {to Wabtec (NYSE:WAB),} its biopharma business {to Danaher (NYSE:DHR),} and its Intelligent Platforms business {to Emerson (NYSE:EMR)}. Taken together, these downsizing moves have simplified the company's operations, improved its long-term profitability outlook, brought cash onto its balance sheet, and reduced its leverage.In other words, things look good for GE stock. Everything that needed to happen is happening. The stock held its long-term level of support. Assets are being sold. Leverage is being reduced. Operations are being simplified.As long as the company's management continues to make these type of strategic and value-adding moves, it's tough to see General Electric stock falling. But it's equally hard to see GE stock resuming its rapid run higher. Balanced Risk-RewardThe biggest concern about GE stock is that the company is "selling its future to try and maintain the present", as J.P. Morgan's Stephen Tusa pointed out in a recent note.Tusa was referring to the company's decision to sell the more valuable assets of its Aviation Services business. But the statement has broader applications. GE is selling a ton of assets. Many of those assets aren't half-bad. Some are even good, like GE Healthcare.To be sure, spinning off those businesses does provide a large amount of cash inflows, which are necessary to reduce the company's unsustainable debt load. But, while debt reduction is an admirable goal, investors should ask: what's next? What happens after the debt load is reduced, but many of the businesses are gone? Will General Electric stock have a bright future at that point?No one knows the answers to those questions right now. The only tangible insight we do have is that the company's industrial-free-cash-flow is expected to be negative this year, and that isn't good news.So given the enormous lack of clarity regarding what exactly will be left of GE in two to three years and the recent negative news, it's tough to see GE stock rallying in the foreseeable future. The Bottom Line on GE StockThe big rebound of General Electric stock has already happened. The next leg higher will have to be driven by improvements in its fundamental growth outlook. Such improvements can only come via increased clarity with respect to what GE will look like in two to three years. Until GE's long-term outlook is clearer, GE stock will struggle to stay on its winning trajectory.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post Has the Turnaround of GE Stock Already Come and Gone? appeared first on InvestorPlace.

  • Merger creates Fortune 500 company with major operations in DFW
    American City Business Journals2 months ago

    Merger creates Fortune 500 company with major operations in DFW

    The merger between GE Transportation and Wabtec creates a company that will earn approximately $8 billion in revenue this year.