Westinghouse Air Brake Technologies Corp (NYSE: WAB) has a higher price-to-earnings ratio of 32.33x compared to its average ratio, The 36-month beta value for WAB is at 1.27. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for WAB is 170.07M, and currently, shorts hold a 1.28% of that float. The average trading volume for WAB on December 25, 2024 was 1.05M shares.
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WAB) stock’s latest price update
Westinghouse Air Brake Technologies Corp (NYSE: WAB)’s stock price has increased by 1.42 compared to its previous closing price of 191.45. However, the company has seen a -2.03% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-12-24 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
WAB’s Market Performance
WAB’s stock has fallen by -2.03% in the past week, with a monthly drop of -2.51% and a quarterly rise of 6.76%. The volatility ratio for the week is 2.63% while the volatility levels for the last 30 days are 2.02% for Westinghouse Air Brake Technologies Corp The simple moving average for the last 20 days is -2.52% for WAB stock, with a simple moving average of 14.06% for the last 200 days.
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 -0.80% 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 -6.43% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares sank -2.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.07% upper at present.
During the last 5 trading sessions, WAB fell by -2.03%, which changed the moving average for the period of 200-days by +37.70% in comparison to the 20-day moving average, which settled at $199.18. In addition, Westinghouse Air Brake Technologies Corp saw 53.00% 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 3.56. 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
In conclusion, Westinghouse Air Brake Technologies Corp (WAB) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
