WAB - Wabtec Corporation
65.46 0.00 (0.00%)
After hours: 4:52PM EDT
| Previous Close | 63.36 |
| Open | 63.90 |
| Bid | 65.09 x 1000 |
| Ask | 66.54 x 1000 |
| Day's Range | 63.78 - 65.57 |
| 52 Week Range | 62.67 - 115.40 |
| Volume | 2,718,625 |
| Avg. Volume | 2,839,977 |
| Market Cap | 12.098B |
| Beta (3Y Monthly) | 1.38 |
| PE Ratio (TTM) | 33.48 |
| EPS (TTM) | 1.96 |
| Earnings Date | Jul 22, 2019 - Jul 26, 2019 |
| Forward Dividend & Yield | 0.48 (0.65%) |
| Ex-Dividend Date | 2019-05-09 |
| 1y Target Est | 89.63 |
GuruFocus.com•yesterdayRonald Muhlenkamp Buys 5 Stocks in 1st Quarter
Top buys include Broadcom, Cigna and Morgan Stanley
- American City Business Journals•2 days ago
MSA swipes Wabtec's M&A chief
MSA Safety Inc. has snapped up Wabtec Corp.’s director of corporate development as the Cranberry-based developer and supplier of safety products accelerates acquisitions. Christopher Hepler, responsible for the rail manufacturer’s global M&A activities since 2015, is now MSA’s executive director of corporate development.
- American City Business Journals•7 days ago
Union workers protest at Wabtec shareholders meeting
The two parties are still at odds over contract negotiations. The expiration date of the interim agreement looms close.
- Business Wire•7 days ago
Wabtec Shareholders Approve Company Proposals at Annual Meeting
Wabtec shareholders today elected two directors and approved other company proposals at its annual meeting in Pittsburgh. Directors elected were: William E. Kassling and Albert J.
- GuruFocus.com•9 days ago
General Electric Co Buys Westinghouse Air Brake Technologies Corp, Neuronetics Inc
Fairfield, CT, based Investment company General Electric Co buys Westinghouse Air Brake Technologies Corp, Neuronetics Inc during the 3-months ended 2019Q1, according to the most recent filings of the ...
- American City Business Journals•9 days ago
Wabtec invests in additive manufacturing tech
On Wednesday, the company announced a strategic move in that direction with an investment in General Electric Additive’s H2 binder jet printer capabilities. “Additive technology is going to transform our business and products. “Our team can reimagine how to approach designing and testing products.” The company’s first H2 machine is currently in GE’s Additive Laboratory in Cincinnati, but will be moved to Wabtec’s new Grove City engine plant by the end of the year.
- GuruFocus.com•10 days ago
VGI PARTNERS PTY Ltd Buys Westinghouse Air Brake Technologies Corp, Sells Zillow Group Inc
Sydney, Nsw, C3, based Investment company VGI PARTNERS PTY Ltd buys Westinghouse Air Brake Technologies Corp, sells Zillow Group Inc during the 3-months ended 2019Q1, according to the most recent filings ...
- Markit•10 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 * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NegativeShort interest is moderately high for WAB with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on April 29. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $3.21 billion over the last one-month into ETFs that hold WAB are not among the highest of the last year and have been slowing. 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.
- Benzinga•11 days ago
Rail Equipment Sector Eyes Mergers, Lease Renewal Rates
A number of rail equipment lessors and manufacturers have been merging and consolidating in recent months as a way to leverage themselves against marketplace changes brought about by precision scheduled railroading (PSR), an operational model that seeks to cut costs. Among them, railcar manufacturer Greenbrier (NYSE: GBX) acquired the manufacturing segment of American Railcar Industries in April as a way for Greenbrier to solidify its role as a supplier of covered hoppers and tank cars. In February 2019, Wabtec's (NYSE: WAB) merged with GE Transportation to ramp up its market presence as a rail component manufacturer specializing in automation and locomotive upgrades, according to Matt Elkott, an analyst with investment firm Cowen.
- GlobeNewswire•23 days ago
Wabtec Announces Pricing of Upsized Public Offering by selling stockholder
Wabtec Corporation (WAB) (“Wabtec”) today announced the pricing of an underwritten secondary offering of 22,000,000 shares of Wabtec common stock at a public offering price of $73.50 by General Electric Company (“GE”), as the sole selling stockholder. The offering is expected to close on or about May 6, 2019, subject to the satisfaction of customary closing conditions. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares. Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering. Morgan Stanley and Goldman Sachs & Co. LLC are acting as joint lead book-running managers. BofA Merrill Lynch and Citigroup are acting as joint book-running managers for the offering.
- GlobeNewswire•24 days ago
Wabtec Announces Launch of Public Offering by Selling Stockholder
Wabtec Corporation (WAB) (“Wabtec”) today announced the launch of an underwritten secondary offering of 12,500,000 shares of Wabtec common stock by General Electric Company (“GE”), as the sole selling stockholder. The selling stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 1,875,000 shares. Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering. Morgan Stanley and Goldman Sachs & Co. LLC are acting as joint lead book-running managers. BofA Merrill Lynch and Citigroup are acting as joint book-running managers for the offering.
- Motley Fool•24 days ago
Why Shares of General Electric Are Trading Higher on Tuesday
Investors cheered after first-quarter industrial free cash flow wasn't as bad as feared.
- Zacks•24 days ago
General Electric (GE) Q1 Earnings Beat Estimates, Down Y/Y
General Electric's (GE) first-quarter 2019 results decline year over year due to weak sales performance and fall in margins. However, results surpass estimates.
- American City Business Journals•25 days ago
More union workers at Wabtec consider strikes
Union workers from Wabtec Corp.’s (NYSE: WAB) Wilmerding and Greensburg facilities gathered Saturday, April 27 to rally against the company’s proposed concessions as the workers face a contract that expires on May 1, according to UE Field Organizer Ben Wilson. If an agreement is not reached, the union workers may strike as soon as Wednesday when the contract expires. Gibson said the union membership at these facilities have accepted concessions the last nine or 10 years, but that this time is different because the company hit record profitability and announced the belief that it will hit record profits again. While Gibson said a strike is in the hands of the union membership to decide by Tuesday at midnight, the workers have already expressed that they cannot accept any increases in health care cost.
- Thomson Reuters StreetEvents•28 days ago
Edited Transcript of WAB earnings conference call or presentation 25-Apr-19 2:00pm GMT
Q1 2019 Westinghouse Air Brake Technologies Corp Earnings Call
Motley Fool•29 days agoWabtec Corporation (WAB) Q1 2019 Earnings Call Transcript
WAB earnings call for the period ending March 31, 2019.
- Motley Fool•29 days ago
Wabtec Gets Off to a Solid Start in 2019
The rail products and services provider remains on track to achieve its 2019 guidance.
- Zacks•29 days ago
Wabtec's (WAB) Q1 Earnings & Revenues Beat Estimates, Up Y/Y
Wabtec (WAB) outperforms in the first quarter of 2019. Results are aided by the inclusion of GE Transportation products.
- American City Business Journals•29 days ago
Wabtec names new CEO
Wabtec Corp. (NYSE: WAB) named Rafael Santana as the new president and CEO of the company during its Thursday morning quarter one earnings call. Santana comes from the role of president and CEO of the company’s freight segment following its Feburary merger with GE Transportation. Previous to the merger, Santana served as president and CEO of General Electric’s transportation unit.
- Associated Press•last month
Wabtec: 1Q Earnings Snapshot
The Wilmerding, Pennsylvania-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.06 per share. The results surpassed Wall ...
- GlobeNewswire•last month
Rafael Santana to Succeed Ray Betler as Wabtec President and CEO
Wabtec Corporation (WAB) today announced Rafael Santana will become president and CEO of the company, effective July 1, 2019. Santana, 47, joined Wabtec earlier this year as president and CEO of the company’s Freight segment following the merger of Wabtec and GE Transportation, where he served as president and CEO of the General Electric unit.
- GlobeNewswire•last month
Wabtec Reports 1Q Results, Affirms Adjusted Guidance
WILMERDING, Pa., April 25, 2019 -- Wabtec Corporation (NYSE: WAB) today reported a loss per diluted share of $0.04 and adjusted earnings per diluted share of $1.06 in the 2019.
- American City Business Journals•last month
Fort Worth locomotive facility reaches milestone
A Wabtec locomotive manufacturing facility, which was formerly a GE plant until March, delivered its 1,000th Evolution Series Tier 4 locomotive at its Fort Worth plant.
