Westinghouse Air Brake Technologies (WAB) Scheduled to Post Quarterly Earnings on Tuesday

Westinghouse Air Brake Technologies (NYSE:WAB) will announce its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.95 per share for the quarter.

Westinghouse Air Brake Technologies (WAB) opened at $72.00 on Tuesday. The stock has a market capitalization of $6,890.00, a PE ratio of 27.38, a price-to-earnings-growth ratio of 1.55 and a beta of 1.00. Westinghouse Air Brake Technologies has a twelve month low of $69.20 and a twelve month high of $93.81. The company has a current ratio of 1.55, a quick ratio of 1.03 and a debt-to-equity ratio of 0.67.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Friday, February 9th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Thursday, February 8th. Westinghouse Air Brake Technologies’s payout ratio is 18.25%.

WAB has been the topic of several research reports. Seaport Global Securities initiated coverage on Westinghouse Air Brake Technologies in a report on Thursday, January 4th. They set a “buy” rating and a $90.00 price objective on the stock. Buckingham Research dropped their price objective on Westinghouse Air Brake Technologies from $100.00 to $97.00 and set a “buy” rating on the stock in a report on Wednesday, October 25th. Zacks Investment Research raised Westinghouse Air Brake Technologies from a “sell” rating to a “buy” rating and set a $84.00 price objective on the stock in a report on Wednesday, October 18th. Stifel Nicolaus reaffirmed a “hold” rating and set a $75.00 price objective (up previously from $74.00) on shares of Westinghouse Air Brake Technologies in a report on Wednesday, October 25th. Finally, FBR & Co set a $85.00 price objective on Westinghouse Air Brake Technologies and gave the stock a “hold” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $86.67.

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Westinghouse Air Brake Technologies Company Profile

Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global freight and transit rail industries. The Company’s segments include the Freight Segment and the Transit Segment. The Freight Segment primarily manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, and provides related heat exchange and cooling systems.

Earnings History for Westinghouse Air Brake Technologies (NYSE:WAB)

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