Westinghouse Air Brake Technologies Corp (NYSE: WAB) kicked off on Friday, up 0.61% from the previous trading day, before settling in for the closing price of $189.99. Over the past 52 weeks, WAB has traded in a range of $98.70-$191.00.
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Annual sales at Industrials sector company grew by 21.24% over the past five years. While this was happening, its average annual earnings per share was recorded 26.40%. With a float of $173.32 million, this company’s outstanding shares have now reached $177.80 million.
Let’s look at the performance matrix of the company that is accounted for 29000 employees. In terms of profitability, gross margin is 29.62%, operating margin of 15.3%, and the pretax margin is 13.19%.
Westinghouse Air Brake Technologies Corp (WAB) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Railroads Industry. The insider ownership of Westinghouse Air Brake Technologies Corp is 1.06%, while institutional ownership is 92.81%. The most recent insider transaction that took place on Sep 11 ’24, was worth 369,832. In this transaction President Transit of this company sold 2,261 shares at a rate of $163.57, taking the stock ownership to the 8,372 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Officer proposed sale 2,261 for $163.57, making the entire transaction worth $369,832.
Westinghouse Air Brake Technologies Corp (WAB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 26.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.12% during the next five years compared to 8.29% growth over the previous five years of trading.
Westinghouse Air Brake Technologies Corp (NYSE: WAB) Trading Performance Indicators
Take a look at Westinghouse Air Brake Technologies Corp’s (WAB) current performance indicators. Last quarter, stock had a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28. Likewise, its price to free cash flow for the trailing twelve months is 22.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.72, a number that is poised to hit 1.89 in the next quarter and is forecasted to reach 8.43 in one year’s time.
Technical Analysis of Westinghouse Air Brake Technologies Corp (WAB)
Westinghouse Air Brake Technologies Corp (NYSE: WAB) saw its 5-day average volume 0.68 million, a negative change from its year-to-date volume of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 93.17%. Additionally, its Average True Range was 2.78.
During the past 100 days, Westinghouse Air Brake Technologies Corp’s (WAB) raw stochastic average was set at 99.36%, which indicates a significant increase from 97.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.31% in the past 14 days, which was lower than the 20.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $172.46, while its 200-day Moving Average is $155.85. Nevertheless, the first resistance level for the watch stands at $191.93 in the near term. At $192.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $193.99. If the price goes on to break the first support level at $189.87, it is likely to go to the next support level at $188.59. The third support level lies at $187.81 if the price breaches the second support level.
Westinghouse Air Brake Technologies Corp (NYSE: WAB) Key Stats
The company with the Market Capitalisation of 33.49 billion has total of 176,385K Shares Outstanding. Its annual sales at the moment are 9,677 M in contrast with the sum of 815,000 K annual income. Company’s last quarter sales were recorded 2,644 M and last quarter income was 289,000 K.
