Westinghouse Air Brake Technologies Corp (NYSE: WAB) is -2.22% lower on its value in year-to-date trading and has touched a low of $147.66 and a high of $210.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WAB stock was last observed hovering at around $181.97 in the last trading session, with the day’s gains setting it 3.41%.
Currently trading at $185.38, the stock is 6.40% and 3.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 1.87% at the moment leaves the stock 1.45% off its SMA200. WAB registered 27.24% gain for a year compared to 6-month loss of -2.42%. The firm has a 50-day simple moving average (SMA 50) of $179.8918 and a 200-day simple moving average (SMA200) of $182.7279.
The stock witnessed a -2.23% gain in the last 1 month and extending the period to 3 months gives it a -11.30%, and is 9.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.56% over the week and 4.19% over the month.
Westinghouse Air Brake Technologies Corp (WAB) has around 29500 employees, a market worth around $31.72B and $10.50B in sales. Current P/E ratio is 29.06 and Fwd P/E is 19.15. Profit margin for the company is 10.53%. Distance from 52-week low is 25.55% and -12.09% from its 52-week high. The company has generated returns on investments over the last 12 months (7.83%).
with sales reaching $2.76B over the same period.The EPS is expected to grow by 14.33% this year, but quarterly earnings will post 5.38% year-over-year. Quarterly sales are estimated to grow 4.35% in year-over-year returns.
1468.0 institutions hold shares in Westinghouse Air Brake Technologies Corp (WAB), with institutional investors hold 97.13% of the company’s shares. The shares outstanding are 171.10M, and float is at 169.02M with Short Float at 1.08%. Institutions hold 96.03% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.63 million shares valued at $3.1 billion. The investor’s holdings represent 11.1935 of the WAB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.1 million shares valued at $2.39 billion to account for 8.6065 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 8.41 million shares representing 4.7948 and valued at over $1.33 billion, while STATE STREET CORP holds 4.0896 of the shares totaling 7.17 million with a market value of $1.13 billion.
Westinghouse Air Brake Technologies Corp (WAB) Insider Activity
Westinghouse Air Brake Technologies Corp disclosed in a document filed with the SEC on Apr 03 ’25 that Santana Rafael (President and CEO) sold a total of 55,942 shares of the company’s common stock. The trade occurred on Apr 03 ’25 and was made at $175.74 per share for $9.83 million. Following the transaction, the insider now directly holds 0.15 million shares of the WAB stock.
Still, SEC filings show that on Apr 02 ’25, Santana Rafael (President and CEO) disposed off 886 shares at an average price of $185.07 for $0.16 million. The insider now directly holds 201,558 shares of Westinghouse Air Brake Technologies Corp (WAB).
