WAB - Westinghouse Air Brake Technologies Corporation

NYSE - NYSE Delayed Price. Currency in USD
97.34
+0.34 (+0.35%)
At close: 4:02PM EDT

95.81 -1.53 (-1.57%)
After hours: 6:21PM EDT

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Previous Close97.00
Open96.31
Bid82.88 x 1300
Ask0.00 x 800
Day's Range96.31 - 98.53
52 Week Range69.20 - 100.28
Volume561,259
Avg. Volume795,233
Market Cap9.372B
Beta0.58
PE Ratio (TTM)35.79
EPS (TTM)2.72
Earnings DateJul 23, 2018 - Jul 27, 2018
Forward Dividend & Yield0.48 (0.49%)
Ex-Dividend Date2018-05-10
1y Target Est100.38
Trade prices are not sourced from all markets
  • General Electric deal with Wabtec
    Yahoo Finance Video4 days ago

    General Electric deal with Wabtec

    General Electric in a $20 Billion deal with Wabtec — a rail equipment maker. It's a new bull market for GE -- up around 20% from those multi-year lows hit in April.

  • GE Transportation and Wabtec: Their Businesses and Financials
    Market Realist5 hours ago

    GE Transportation and Wabtec: Their Businesses and Financials

    The markets expect General Electric’s (GE) deal with Wabtec (WAB) to result in a combined entity valued at more than $20 billion. In 2017, GE’s Transportation segment’s revenue was $4.1 billion. The segment manufactures passenger and freight trains, mining equipment, and marine diesel engines.

  • General Electric’s CEO Seals Transportation’s Fate with Wabtec
    Market Realist8 hours ago

    General Electric’s CEO Seals Transportation’s Fate with Wabtec

    General Electric’s (GE) CEO John Flannery, who took the position last August, got a shot in the arm on May 21. GE said it would spin off its Transportation segment and simultaneously combine it with Wabtec, a manufacturer of equipment used in the railroad (TRN) industry.

  • The General Electric and Wabtec Merger: What It Means to Investors
    Motley Fool10 hours ago

    The General Electric and Wabtec Merger: What It Means to Investors

    The details behind the deal suggest it's good news for GE shareholders -- it but won't convince the bears watching the stock.

  • Dow 30 Stock Roundup: GE's Transportation Unit to Merge With Wabtec, J&J & Glaxo's HIV Drug Gets EU Approval
    Zacks11 hours ago

    Dow 30 Stock Roundup: GE's Transportation Unit to Merge With Wabtec, J&J & Glaxo's HIV Drug Gets EU Approval

    The Dow endured another volatile week marked by key geopolitical developments.

  • Wabtec Stock Pays Off For American Century Ultra Mutual Fund
    Investor's Business Dailyyesterday

    Wabtec Stock Pays Off For American Century Ultra Mutual Fund

    American Century Ultra Fund (TWCUX) got it right with Wabtec — also known as Westinghouse Air Brake. The $11.4 billion portfolio is underweight in industrials, but its managers nonetheless made room for the locomotive equipment maker, starting in 2010. "Wabtec fits our quality, durable-growth philosophy based on the management team, their track record and a business with a strong operating margin averaging 17% over the last five years," client portfolio manager Kevin Lewis told IBD.

  • Financial Times2 days ago

    [$$] GE chief warns against quick-fix expectations

    as chief executive last August, as the company faced a host of problems including downturns in key markets and lingering liabilities from its financial services operations, he had taken a “deliberate and methodical” approach to change, he told the attendees.

  • The Wall Street Journal2 days ago

    Union Pacific Chief Praises GE-Wabtec Railroad Deal

    Lance Fritz says the industrial tie-up provides ‘a home that’s stable’ for major rail locomotive supplier.

  • No One Said GE's Turnaround Was Going to Be Easy
    Bloomberg2 days ago

    No One Said GE's Turnaround Was Going to Be Easy

    If General Electric Co. makes another cut to its dividend in the middle of a breakup, will it still hurt? The short-term answer is yes: GE’s stock plunged on Wednesday after CEO John Flannery said the fate of the payout is partly dependent on the steps he takes to unwind the company’s conglomerate structure. Speaking at an annual spring confab for industrial bigwigs, Flannery said he needs to see how the merger of GE's transportation unit with Wabtec Corp. announced this week "plays out".

  • The Wall Street Journal2 days ago

    [$$] Why Thomas Edison Would Not Be Happy About GE's Latest Deal

    Edison and Westinghouse famously battled over the future of electrical distribution—alternating current vs. direct current—resulting in insults and publicity stunts, including Edison electrocuting animals in his New Jersey laboratory in an unsuccessful attempt to illustrate the dangers of Westinghouse’s AC. Westinghouse founded the Westinghouse Air Brake Co. in 1869 and the Westinghouse Electric Corp. in 1886.

  • General Electric's Transformation Gains Steam With Wabtec Deal
    Motley Fool2 days ago

    General Electric's Transformation Gains Steam With Wabtec Deal

    General Electric has agreed to merge its transportation segment with Wabtec, with total proceeds to the company and its shareholders exceeding $10 billion.

  • American City Business Journals3 days ago

    Wabtec-GE merger rolls in more than just railroad equipment

    Here's what to expect for the Erie and Grove City facilities.

  • TheStreet.com3 days ago

    Jim Cramer: Wabtec Deal Gives General Electric Optionality

    TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks General Electric's merger of its transportation business with Wabtec for $11.1 billion gives "optionality."

  • General Electric's Transportation Unit to Merge With Wabtec
    Zacks3 days ago

    General Electric's Transportation Unit to Merge With Wabtec

    General Electric (GE) enters into a definitive agreement to merge its operating segment, GE Transportation, with Wabtec Corporation.

  • CNBC4 days ago

    GE’s charts need to show this before the rebound looks real, Oppenheimer technician says

    Calling a bottom in General Electric GE has been among the more painful and fruitless endeavors on Wall Street over the past decade. A top technical analyst has a simple message: Don't hold your breath. "The stock has moved through this $15 level, a little bit of a near-term breakout," Ari Wald, head of technical analysis at Oppenheimer, told CNBC's " Trading Nation " on Monday.

  • The Wall Street Journal4 days ago

    [$$] GE to Merge Rail Division With Wabtec in $11 Billion Deal

    General Electric Co. agreed to merge its railroad business with Wabtec Corp. in a deal valued at roughly $11 billion, letting GE raise some cash to fund its turnaround and shed one of its oldest operations. The transaction is the first major portfolio move in GE Chief Executive John Flannery’s attempt to revamp the struggling industrial conglomerate. Mr. Flannery, who took over as CEO in August, has promised to update investors by the end of June with his plans for GE’s three core units: aviation, health care and power.

  • TheStreet.com4 days ago

    Monday Madness: GE, China, and Micron

    Let's review Monday.

  • GE Is Haunted by Its Sprawl
    Bloomberg4 days ago

    GE Is Haunted by Its Sprawl

    The conglomerate is slimming down, but maybe not quickly enough.

  • What Happened in the Stock Market Today
    Motley Fool4 days ago

    What Happened in the Stock Market Today

    As stocks rose on easing worries over trade, General Electric announced it is selling its rail business to Wabtec, and Micron Technology raised guidance.

  • American City Business Journals4 days ago

    Here's what GE deal will mean for Wabtec's standing globally

    Says CEO: "Pittsburgh is where we've been for 149 and a half years, and I think it's going to present opportunities."

  • Reuters4 days ago

    GE to merge transportation unit with Wabtec in $11.1 bln deal

    The deal, first reported by Reuters on Sunday, is the biggest to be inked thus far by GE Chief Executive John Flannery since he announced a major overhaul of the U.S. industrial conglomerate late last year. The transaction values the GE transportation business, which makes train engines, at $11.1 billion. GE will receive a $2.9 billion up-front payment in cash and a 9.9-percent stake in the combined company, with GE shareholders awarded 40.2 percent and existing Wabtec shareholders owning 49.9 percent.

  • TheStreet.com4 days ago

    GE Confirms $11.1 Billion Transportation Merger With Wabtec

    The deal, earlier reported by Reuters and later confirmed by both companies, will see GE receiving $2.9 billion in cash from Westinghouse Air Brake Technologies Corp., also known as Wabtec as the groups combine to create a transportation group with annual revenue of $8 billion. GE shareholders will hold about 50.1% of the combined group, the companies said, and will maintain the right to increase that ownership percentage going forward. GE's 50.1% equity stake will be split into two stakeholders, Cowen equity analyst Gautam Khanna said.

  • TheStreet.com4 days ago

    Dow Leads Major Indices With Triple-Digit Rally

    as the trade war rhetoric between the U.S. and China cooled. The Dow traded above 25,000 on Monday for the first time since March 16. General Electric rose 1.94% after reaching an $11.1 billion deal with Wabtec Corp.

  • GE’s stock flirts with a new bull market after deal to merge transportation unit with Wabtec
    MarketWatch4 days ago

    GE’s stock flirts with a new bull market after deal to merge transportation unit with Wabtec

    Shares of General Electric Co. flirted with kicking off a new bull market Monday, but just missed at the close, as investors cheered the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp. Many on Wall Street define a bull market as a rise of 20% or more off a bear market low. It would take a close above $15.39 to kick off a new bull market.

  • GE Will Offload One Of Its Oldest Businesses In New CEO's Biggest Deal
    Investor's Business Daily4 days ago

    GE Will Offload One Of Its Oldest Businesses In New CEO's Biggest Deal

    General Electric will merge its locomotives business with Wabtec in a deal worth about $11.1 billion as the industrial giant accelerates turnaround plans.