Wabtec Corporation (NYSE:WAB)went up by 3.06% from its latest closing price when compared to the 1-year high value of $114.07 and move down -53.2%, while WAB stocks collected +12.31% of gains with the last five trading sessions. Barron's reported on 08/09/19 that Inside the Mind of a GE Bear
Wabtec Corporation (NYSE:WAB) Worth an Investment?
Wabtec Corporation (NYSE: WAB) scored price to earnings ratio above its average ratio, recording 42.57 times of increase in earnings at the present.
WAB Market Performance
WAB stocks went up by 12.31% for the week, with the monthly jump of 9.19% and a quarterly performance of 9.18%, while its annual performance rate touched -33.88%. The simple moving average for the period of the last 20 days is 10.69% for WAB stocks with the simple moving average of 3.05% for the last 200 days.
Analysts’ Opinion on Wabtec Corporation (NYSE:WAB)
Many brokerage firms have already submitted their reports for WAB stocks, with Morgan Stanley repeating the rating for WAB shares by setting it to “Equal-Weight”. The predicted price for WAB socks in the upcoming period according to Morgan Stanley is $73 based on the research report published on September 10, 2019.
Goldman, on the other hand, stated in their research note that they expect to see WAB stock at the price of $89, previously predicting the value of $84. The rating they have provided for WAB stocks is “Buy” according to the report published on August 8, 2019.
Wellington Shields gave “ Hold” rating to WAB stocks, setting the target price at $89 in the report published on July 12, 2019.
WAB Stocks 5.82% Far from 50 Day Moving Average
After a stumble in the market that brought WAB to its low price for the period of the last 52 weeks, Wabtec Corporation was unable to take a rebound, for now settling with -34.72% of loss for the given period.
The stock volatility was left at 3.06%, however, within the period of a single month, the volatility rate increased by 3.26%, while the shares surge at the distance of +11.00% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +1.50% upper at the present time.
In the course of the last 5 trading sessions, WAB went up by +12.31%, which changed the moving average for the period of 200 days to the total of -13.48% of losses for the stock in comparison to the 20-day moving average settled at $67.64. In addition, Wabtec Corporation saw 5.99% in overturn over the period of a single year with a tendency to cut further gains.
WAB Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Wabtec Corporation (WAB), starting from GENERAL ELECTRIC CO, who sold 16,969,692 shares at the price of $70.33 back on Aug 09. After this action, Rushing now owns 2,048,515 shares of Wabtec Corporation, valued at $1,193,393,590 with the latest closing price.
KASSLING WILLIAM E, the Director of Wabtec Corporation, bought 8,000 shares at the value of $62.94 during a trade that took place back on May 23, which means that KASSLING WILLIAM E is holding 1,026,654 shares at the value of $503,520 based on the most recent closing price.
WAB Stock Fundamentals
The current profitability levels are settled at +12.62 for the present operating margin and +25.77 for gross margin. The net margin for Wabtec Corporation stands at +6.74. Total capital return value is set at 9.64, while invested capital returns managed to touch 5.21. Equity return holds the value 3.50%, with 1.60% for asset returns.
Based on Wabtec Corporation (WAB), the company’s capital structure generated 134.61 points for debt to equity in total, while total debt to capital is set at the value of 57.38. Total debt to assets is settled at the value of 44.59 with long-term debt to equity ratio rests at 132.38 and long-term debt to capital is 56.42.
EBITDA value lies at +306.14 M with total debt to EBITDA carrying the value of 5.84. The value for Enterprise to Sales is 2.41 with debt to enterprise value settled at 0.46. The receivables turnover for Wabtec Corporation is 3.77 with the total asset turnover at the value of 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.70.