Westinghouse Air Brake Technologies Corp (WAB) volume exceeds 1.83 million: A new investment opportunity for investors

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On Tuesday, Westinghouse Air Brake Technologies Corp (NYSE: WAB) opened higher 0.03% from the last session, before settling in for the closing price of $182.00. Price fluctuations for WAB have ranged from $136.64 to $210.88 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 5.13% over the past five years. Company’s average yearly earnings per share was noted 13.87% at the time writing. With a float of $168.91 million, this company’s outstanding shares have now reached $171.30 million.

Let’s look at the performance matrix of the company that is accounted for 29500 employees. In terms of profitability, gross margin is 30.42%, operating margin of 15.76%, and the pretax margin is 13.57%.

Westinghouse Air Brake Technologies Corp (WAB) Insider Updates

A key investor’s attitude towards the stock of the Railroads industry is another important factor to consider. The insider ownership of Westinghouse Air Brake Technologies Corp is 1.13%, while institutional ownership is 93.63%. 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) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.70% during the next five years compared to 26.88% growth over the previous five years of trading.

Westinghouse Air Brake Technologies Corp (NYSE: WAB) Trading Performance Indicators

Check out the current performance indicators for Westinghouse Air Brake Technologies Corp (WAB). In the past quarter, the stock posted a quick ratio of 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.99. Likewise, its price to free cash flow for the trailing twelve months is 19.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.04, a number that is poised to hit 2.03 in the next quarter and is forecasted to reach 9.74 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 1.6 million, a positive change from its year-to-date volume of 1.15 million. As of the previous 9 days, the stock’s Stochastic %D was 6.30%. Additionally, its Average True Range was 5.45.

During the past 100 days, Westinghouse Air Brake Technologies Corp’s (WAB) raw stochastic average was set at 9.47%, which indicates a significant increase from 6.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.51% in the past 14 days, which was higher than the 26.33% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $197.45, while its 200-day Moving Average is $179.87. Nevertheless, the first resistance level for the watch stands at $183.41 in the near term. At $184.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $186.45. If the price goes on to break the first support level at $180.37, it is likely to go to the next support level at $178.69. Assuming the price breaks the second support level, the third support level stands at $177.33.

Westinghouse Air Brake Technologies Corp (NYSE: WAB) Key Stats

There are currently 170,848K shares outstanding in the company with a market cap of 31.10 billion. Presently, the company’s annual sales total 10,387 M according to its annual income of 1,056 M. Last quarter, the company’s sales amounted to 2,583 M and its income totaled 212,000 K.