Westinghouse Air Brake Technologies Corp (WAB) concluded trading on Thursday at a closing price of $163.23, with 2.19 million shares of worth about $356.71 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.44% during that period and on August 22, 2024 the price saw a gain of about 1.10%. Currently the company’s common shares owned by public are about 177.80M shares, out of which, 173.31M shares are available for trading.
Stock saw a price change of 3.13% in past 5 days and over the past one month there was a price change of 3.78%. Year-to-date (YTD), WAB shares are showing a performance of 28.63% which increased to 47.21% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $98.70 but also hit the highest price of $170.83 during that period. The average intraday trading volume for Westinghouse Air Brake Technologies Corp shares is 1.17 million. The stock is currently trading 3.91% above its 20-day simple moving average (SMA20), while that difference is up 2.14% for SMA50 and it goes to 13.19% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Westinghouse Air Brake Technologies Corp (NYSE: WAB) currently have 177.80M outstanding shares and institutions hold larger chunk of about 94.11% of that.
The stock has a current market capitalization of $28.59B and its 3Y-monthly beta is at 1.27. PE ratio of stock for trailing 12 months is 28.54, while it has posted earnings per share of $5.72 in the same period. Its PEG reads 2.08 and has Quick Ratio of 0.73 while making debt-to-equity ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WAB, volatility over the week remained 1.48% while standing at 1.94% over the month.
Stock’s fiscal year EPS is expected to rise by 26.26% while it is estimated to increase by 12.60% in next year. EPS is likely to grow at an annualized rate of 13.75% for next 5-years, compared to annual growth of 8.29% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on April 25, 2024 offering a Hold rating for the stock and assigned a target price range of between $130 and $147 to it. Coverage by TD Cowen stated Westinghouse Air Brake Technologies Corp (WAB) stock as a Market perform in their note to investors on February 15, 2024, suggesting a price target of $130 for the stock. On February 15, 2024, Redburn Atlantic Downgrade their recommendations, while on January 16, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $150. Stock get a Buy rating from Jefferies on January 11, 2024.
