Westinghouse Air Brake Technologies (NYSE:WAB) Posts Earnings Results, Misses Estimates By $0.06 EPS

Westinghouse Air Brake Technologies (NYSE:WAB) released its quarterly earnings results on Wednesday. The transportation company reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.06), Zacks reports. Westinghouse Air Brake Technologies had a return on equity of 12.52% and a net margin of 10.25%. Westinghouse Air Brake Technologies updated its FY 2025 guidance to 8.350-8.750 EPS.

Westinghouse Air Brake Technologies Stock Performance

NYSE:WAB traded down $21.19 on Wednesday, hitting $186.93. The stock had a trading volume of 1,348,537 shares, compared to its average volume of 906,294. Westinghouse Air Brake Technologies has a 52-week low of $131.33 and a 52-week high of $210.88. The stock has a market cap of $32.13 billion, a price-to-earnings ratio of 31.22, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27. The company has a quick ratio of 0.65, a current ratio of 1.30 and a debt-to-equity ratio of 0.34. The business’s 50-day simple moving average is $199.40 and its two-hundred day simple moving average is $185.99.

Westinghouse Air Brake Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 0.53%. This is a positive change from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies’s payout ratio is presently 13.33%.

Analysts Set New Price Targets

A number of brokerages have weighed in on WAB. Susquehanna upped their target price on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the stock a “positive” rating in a research note on Monday, October 21st. Bank of America raised their target price on shares of Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. KeyCorp boosted their price target on shares of Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. The Goldman Sachs Group raised their price objective on shares of Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Finally, Stephens upped their target price on shares of Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Westinghouse Air Brake Technologies has an average rating of “Moderate Buy” and a consensus target price of $188.50.

About Westinghouse Air Brake Technologies

Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.