The stock of Westinghouse Air Brake Technologies Corp (WAB) has gone down by -6.14% for the week, with a -3.34% drop in the past month and a 5.77% rise in the past quarter. The volatility ratio for the week is 2.80%, and the volatility levels for the past 30 days are 1.97% for WAB. The simple moving average for the past 20 days is -5.25% for WAB’s stock, with a 11.86% simple moving average for the past 200 days.
Is It Worth Investing in Westinghouse Air Brake Technologies Corp (NYSE: WAB) Right Now?
The price-to-earnings ratio for Westinghouse Air Brake Technologies Corp (NYSE: WAB) is 31.57x, which is above its average ratio. Moreover, the 36-month beta value for WAB is 1.27. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for WAB is 170.07M and currently, short sellers hold a 1.28% of that float. On December 20, 2024, WAB’s average trading volume was 1.01M shares.
WAB) stock’s latest price update
Westinghouse Air Brake Technologies Corp (NYSE: WAB)’s stock price has gone decline by -0.37 in comparison to its previous close of 190.27, however, the company has experienced a -6.14% decrease in its stock price over the last five trading days. youtube.com reported 2024-12-17 that The Investment Committee reveals their top stocks to watch. Don’t miss their picks.
Analysts’ Opinion of WAB
Many brokerage firms have already submitted their reports for WAB stocks, with TD Cowen repeating the rating for WAB by listing it as a “Hold.” The predicted price for WAB in the upcoming period, according to TD Cowen is $147 based on the research report published on April 25, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see WAB reach a price target of $130, previously predicting the price at $125. The rating they have provided for WAB stocks is “Market Perform” according to the report published on February 15th, 2024.
Redburn Atlantic gave a rating of “Neutral” to WAB, setting the target price at $135 in the report published on February 15th of the current year.
WAB Trading at -2.97% from the 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, the company was unable to rebound, for now settling with -8.65% of loss for the given period.
Volatility was left at 1.97%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares sank -2.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.90% upper at present.
During the last 5 trading sessions, WAB fell by -6.14%, which changed the moving average for the period of 200-days by +34.08% in comparison to the 20-day moving average, which settled at $200.07. In addition, Westinghouse Air Brake Technologies Corp saw 49.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WAB starting from Sbrocco Gregory, who sale 565 shares at the price of $201.37 back on Nov 26 ’24. After this action, Sbrocco Gregory now owns 16,101 shares of Westinghouse Air Brake Technologies Corp, valued at $113,772 using the latest closing price.
Sbrocco Gregory, the Officer of Westinghouse Air Brake Technologies Corp, proposed sale 565 shares at $201.37 during a trade that took place back on Nov 26 ’24, which means that Sbrocco Gregory is holding shares at $113,772 based on the most recent closing price.
Stock Fundamentals for WAB
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.29 for the gross margin
The net margin for Westinghouse Air Brake Technologies Corp stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 10.29, with 5.66 for asset returns.
Based on Westinghouse Air Brake Technologies Corp (WAB), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 8.05.
Currently, EBITDA for the company is 1.79 billion with net debt to EBITDA at 1.69. When we switch over and look at the enterprise to sales, we see a ratio of 3.5. The receivables turnover for the company is 5.8for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.
Conclusion
To wrap up, the performance of Westinghouse Air Brake Technologies Corp (WAB) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.