Westinghouse Air Brake Technologies (NYSE:WAB) Posts Earnings Results, Misses Expectations By $0.06 EPS

Westinghouse Air Brake Technologies (NYSE:WAB) released its quarterly earnings data on Wednesday. The transportation company reported $1.68 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.06), Zacks reports. Westinghouse Air Brake Technologies had a net margin of 10.25% and a return on equity of 12.52%. Westinghouse Air Brake Technologies updated its FY 2025 guidance to 8.350-8.750 EPS.

Westinghouse Air Brake Technologies Stock Performance

NYSE:WAB traded down $19.36 during mid-day trading on Wednesday, hitting $188.76. 1,568,908 shares of the stock were exchanged, compared to its average volume of 919,278. The firm’s 50-day simple moving average is $199.40 and its 200 day simple moving average is $185.99. The stock has a market capitalization of $32.45 billion, a price-to-earnings ratio of 31.35, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27. Westinghouse Air Brake Technologies has a fifty-two week low of $131.33 and a fifty-two week high of $210.88. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.65 and a current ratio of 1.30.

Westinghouse Air Brake Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.53%. This is a positive change from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies’s dividend payout ratio (DPR) is 13.33%.

Analysts Set New Price Targets

WAB has been the subject of a number of analyst reports. Stephens lifted their price objective on shares of Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. KeyCorp raised their target price on shares of Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Susquehanna boosted their price target on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Bank of America raised their price objective on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Finally, The Goldman Sachs Group lifted their target price on Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Westinghouse Air Brake Technologies currently has an average rating of “Moderate Buy” and an average target price of $188.50.

About Westinghouse Air Brake Technologies

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.