A new trading day began on Tuesday, with Westinghouse Air Brake Technologies Corp (NYSE: WAB) stock price down -2.03% from the previous day of trading, before settling in for the closing price of $202.30. WAB’s price has ranged from $121.85 to $207.51 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 21.24%. Meanwhile, its annual earnings per share averaged 28.78%. With a float of $170.07 million, this company’s outstanding shares have now reached $171.90 million.
Considering the fact that the conglomerate employs 29000 people, you should pay attention to its efficiency factor. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Railroads Industry. The insider ownership of Westinghouse Air Brake Technologies Corp is 1.06%, while institutional ownership is 92.68%. The most recent insider transaction that took place on Nov 26 ’24, was worth 113,772. In this transaction EVP Operations of this company sold 565 shares at a rate of $201.37, taking the stock ownership to the 16,101 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Officer proposed sale 565 for $201.37, making the entire transaction worth $113,772.
Westinghouse Air Brake Technologies Corp (WAB) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 28.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.16% 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
Here are Westinghouse Air Brake Technologies Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.30. Likewise, its price to free cash flow for the trailing twelve months is 21.33.
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 8.63 in one year’s time.
Technical Analysis of Westinghouse Air Brake Technologies Corp (WAB)
Compared to the last year’s volume of 1.08 million, its volume of 1.13 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.25%. Additionally, its Average True Range was 3.67.
During the past 100 days, Westinghouse Air Brake Technologies Corp’s (WAB) raw stochastic average was set at 84.43%, which indicates a significant increase from 7.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.71% in the past 14 days, which was lower than the 17.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $195.09, while its 200-day Moving Average is $168.98. Nevertheless, the first resistance level for the watch stands at $201.78 in the near term. At $205.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $207.54. If the price goes on to break the first support level at $196.03, it is likely to go to the next support level at $193.87. Should the price break the second support level, the third support level stands at $190.27.
Westinghouse Air Brake Technologies Corp (NYSE: WAB) Key Stats
With a market capitalization of 34.07 billion, the company has a total of 171,890K Shares Outstanding. Currently, annual sales are 9,677 M while annual income is 815,000 K. The company’s previous quarter sales were 2,663 M while its latest quarter income was 283,000 K.
