Westinghouse Air Brake Technologies Corp (WAB) concluded trading on Wednesday at a closing price of $189.27, with 4.11 million shares of worth about $778.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.79% during that period and on February 12, 2025 the price saw a loss of about -9.06%. Currently the company’s common shares owned by public are about 171.89M shares, out of which, 168.78M shares are available for trading.
Stock saw a price change of -8.67% in past 5 days and over the past one month there was a price change of -1.34%. Year-to-date (YTD), WAB shares are showing a performance of -0.17% which increased to 38.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $131.33 but also hit the highest price of $210.88 during that period. The average intraday trading volume for Westinghouse Air Brake Technologies Corp shares is 1.01 million. The stock is currently trading -7.76% below its 20-day simple moving average (SMA20), while that difference is down -5.20% for SMA50 and it goes to 5.83% higher than SMA200.
Westinghouse Air Brake Technologies Corp (NYSE: WAB) currently have 171.89M outstanding shares and institutions hold larger chunk of about 92.65% of that.
The stock has a current market capitalization of $32.53B and its 3Y-monthly beta is at 1.29. PE ratio of stock for trailing 12 months is 31.38, while it has posted earnings per share of $6.03 in the same period. Its PEG reads 2.44 and has Quick Ratio of 0.69 while making debt-to-equity ratio of 0.34. 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 2.17% while standing at 1.87% over the month.
Stock’s fiscal year EPS is expected to rise by 13.58% while it is estimated to increase by 11.55% in next year. EPS is likely to shrink at an annualized rate of 12.85% for next 5-years, compared to annual growth of 26.88% 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.
