On Tuesday, Westinghouse Air Brake Technologies Corp (NYSE: WAB) was 2.07% up from the session before settling in for the closing price of $188.80. A 52-week range for WAB has been $108.68 – $192.48.
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Annual sales at Industrials sector company grew by 21.24% over the past five years. When this article was written, the company’s average yearly earnings per share was at 28.56%. With a float of $170.11 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 29.44%, operating margin of 15.83%, and the pretax margin is 13.61%.
Westinghouse Air Brake Technologies Corp (WAB) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Westinghouse Air Brake Technologies Corp stocks. The insider ownership of Westinghouse Air Brake Technologies Corp is 1.04%, while institutional ownership is 94.67%. The most recent insider transaction that took place on Oct 30 ’24, was worth 6,740,603. In this transaction Director of this company sold 35,722 shares at a rate of $188.70, taking the stock ownership to the 614,447 shares. Before that another transaction happened on Oct 30 ’24, when Company’s Exec VP, General Counsel, Sec. sold 875 for $188.70, making the entire transaction worth $165,116. This insider now owns 55,352 shares in total.
Westinghouse Air Brake Technologies Corp (WAB) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.54 earnings per share (EPS) during the time that was less than consensus figure (set at 1.58) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.94% 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
You can see what Westinghouse Air Brake Technologies Corp (WAB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.21. Likewise, its price to free cash flow for the trailing twelve months is 20.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.00, a number that is poised to hit 1.74 in the next quarter and is forecasted to reach 8.62 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 0.89 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 55.72%. Additionally, its Average True Range was 2.91.
During the past 100 days, Westinghouse Air Brake Technologies Corp’s (WAB) raw stochastic average was set at 99.34%, which indicates a significant increase from 96.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.90% in the past 14 days, which was lower than the 20.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $179.53, while its 200-day Moving Average is $159.60. Nevertheless, the first resistance level for the watch stands at $194.37 in the near term. At $196.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $199.07. If the price goes on to break the first support level at $189.67, it is likely to go to the next support level at $186.63. Assuming the price breaks the second support level, the third support level stands at $184.97.
Westinghouse Air Brake Technologies Corp (NYSE: WAB) Key Stats
There are 171,890K outstanding shares of the company, which has a market capitalization of 33.12 billion. As of now, sales total 9,677 M while income totals 815,000 K. Its latest quarter income was 2,663 M while its last quarter net income were 283,000 K.
