Westinghouse Air Brake Technologies (NYSE:WAB) Updates FY 2025 Earnings Guidance

Westinghouse Air Brake Technologies (NYSE:WAB) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 8.350-8.750 for the period, compared to the consensus estimate of 8.640. The company issued revenue guidance of $10.7 billion-$11.0 billion, compared to the consensus revenue estimate of $11.0 billion.

Westinghouse Air Brake Technologies Stock Down 11.3 %

WAB stock traded down $23.48 during midday trading on Wednesday, reaching $184.64. 771,814 shares of the company’s stock traded hands, compared to its average volume of 886,396. The company has a quick ratio of 0.65, a current ratio of 1.30 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average price is $199.40 and its 200-day moving average price is $185.99. Westinghouse Air Brake Technologies has a 52 week low of $131.33 and a 52 week high of $210.88. The company has a market cap of $31.74 billion, a price-to-earnings ratio of 30.63, a P/E/G ratio of 1.33 and a beta of 1.27.

Westinghouse Air Brake Technologies (NYSE:WAB) last posted its earnings results on Wednesday, February 12th. The transportation company reported $1.68 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a return on equity of 12.52% and a net margin of 10.25%. As a group, sell-side analysts forecast that Westinghouse Air Brake Technologies will post 7.6 earnings per share for the current fiscal year.

Westinghouse Air Brake Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies’s dividend payout ratio (DPR) is currently 13.33%.

Analyst Ratings Changes

WAB has been the subject of a number of analyst reports. Susquehanna increased their price target on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a “positive” rating in a research report on Monday, October 21st. KeyCorp upped their price objective on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Bank of America raised their target price on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. The Goldman Sachs Group raised their price objective on shares of Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Finally, Stephens boosted their target price on shares of Westinghouse Air Brake Technologies from $190.00 to $205.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.50.

About Westinghouse Air Brake Technologies

Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.