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Westinghouse Air Brake Technologies (WAB)
NYSE:WAB
WAB Stock Chart & Stats
$263.67
$0.89(0.47%)
At close: 4:00 PM EST
$263.67
$0.89(0.47%)
Day’s Range― - ―
52-Week Range$151.81 - $266.27
Previous CloseN/A
Volume196.94K
Average Volume (3M)846.65K
Market Cap
$44.96B
Enterprise Value$49.88B
Total Cash (Recent Filing)$789.00M
Total Debt (Recent Filing)$6.25B
Price to Earnings (P/E)38.7
Beta1.16
Next Earnings
Apr 29, 2026EPS Estimate
2.51Next Dividend Ex-DateN/A
Dividend Yield0.46%
Share Statistics
EPS (TTM)2.10
Shares Outstanding170,517,200
10 Day Avg. Volume833,218
30 Day Avg. Volume846,649
Financial Highlights & Ratios
PEG Ratio2.32
Price to Book (P/B)3.27
Price to Sales (P/S)3.26
P/FCF Ratio24.28
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue4.47
Enterprise Value/Gross Profit13.38
Enterprise Value/Ebitda21.39
Forecast
1Y Price Target
$282.38Price Target Upside7.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)10.39
Revenue Forecast (FY)$12.28B
Bulls Say, Bears Say
Bulls Say
Backlog And Guidance VisibilityA multiyear backlog above $27B (up 23% YoY) and a 12-month backlog of $8.2B provide durable revenue visibility across the next several quarters. This backlog underpins management's 2026 sales guidance and supports production planning, margin predictability and cash conversion.
Sustained Margin ImprovementMeaningful expansion of gross and net margins over several years reflects improved product mix, higher-margin equipment/components and operating leverage. These structural margin gains boost underlying earning power and make future EPS growth less reliant on volume alone.
Strong Free Cash Flow & LiquidityConsistent operating cash flow and FCF parity with net income (with >100% cash conversion recently) deliver durable financial flexibility. Solid liquidity and cash generation fund buybacks, a larger dividend and acquisitions while supporting integration spend and resilience through cycles.
Bears Say
Rising LeverageDebt growth to $5.54B and higher leverage reduce financial flexibility; net leverage (~1.9x noted in guidance) plus modest operating-cashflow-to-debt coverage (~0.34) mean interest or refinancing risk and less room for acquisitions or downturns without adding cost or equity dilution.
Structural Cost PressuresRising SG&A from acquisition integration and higher compensation, along with tariff-driven material cost headwinds, represent persistent cost pressure. If sustained, these factors can compress margins and require continuous productivity gains or pricing to protect long-term profitability.
Exposure To Industry CyclicalitySignificant exposure to railcar build and modernization cycles makes revenue and aftermarket demand volatile. A projected ~22% drop in North American railcar builds in 2026 and timing softness in services can weaken parts and services revenue, pressuring near-to-mid term organic growth.
Westinghouse Air Brake Technologies News
WAB FAQ
What was Westinghouse Air Brake Technologies’s price range in the past 12 months?
Westinghouse Air Brake Technologies lowest stock price was $151.81 and its highest was $266.27 in the past 12 months.
What is Westinghouse Air Brake Technologies’s market cap?
Westinghouse Air Brake Technologies’s market cap is $44.96B.
When is Westinghouse Air Brake Technologies’s upcoming earnings report date?
Westinghouse Air Brake Technologies’s upcoming earnings report date is Apr 29, 2026 which is in 56 days.
How were Westinghouse Air Brake Technologies’s earnings last quarter?
Westinghouse Air Brake Technologies released its earnings results on Feb 11, 2026. The company reported $2.1 earnings per share for the quarter, beating the consensus estimate of $2.082 by $0.018.
Is Westinghouse Air Brake Technologies overvalued?
According to Wall Street analysts Westinghouse Air Brake Technologies’s price is currently Undervalued.
Does Westinghouse Air Brake Technologies pay dividends?
Westinghouse Air Brake Technologies pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 0.46%. See more information on Westinghouse Air Brake Technologies dividends here
What is Westinghouse Air Brake Technologies’s EPS estimate?
Westinghouse Air Brake Technologies’s EPS estimate is 2.51.
How many shares outstanding does Westinghouse Air Brake Technologies have?
Westinghouse Air Brake Technologies has 170,517,200 shares outstanding.
What happened to Westinghouse Air Brake Technologies’s price movement after its last earnings report?
Westinghouse Air Brake Technologies reported an EPS of $2.1 in its last earnings report, beating expectations of $2.082. Following the earnings report the stock price went up 3.234%.
Which hedge fund is a major shareholder of Westinghouse Air Brake Technologies?
Currently, no hedge funds are holding shares in WAB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Westinghouse Air Brake Technologies Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$282.38 (7.10% Upside)
$282.38 (7.10% Upside)
Blogger Sentiment
Bullish
WAB Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 466.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $11.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 9.9%
Last 30 Days ▲ 9.9%
News Sentiment
Very Bullish
Bullish news 89%
Bearish news 11%
Bearish news 11%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.95%
12-Months-Change
Fundamentals
Return on Equity
11.01%
Trailing 12-Months
Asset Growth
18.00%
Trailing 12-Months
Company Description
Westinghouse Air Brake Technologies
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
WAB Company Deck
WAB Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: solid revenue growth, meaningful adjusted EPS expansion, record cash generation, expanding backlogs, successful acquisitions, and enhanced shareholder returns. Key challenges include tariff-induced cost pressure, timing-related softness in modernization/services, GAAP charges from restructuring and acquisitions, and a weaker North American railcar build outlook for 2026. Management highlighted successful integration savings and raised cost-savings guidance, reinforcing confidence in achieving mid-to-high-teens adjusted EPS growth in 2026. On balance, the positive operational results, cash strength, backlog growth, and proactive cost/integration actions outweigh the near-term headwinds and one-time charges.View all WAB earnings summariesWAB Net sales Breakdown
27.36% Services
21.18% Equipment
14.20% Components
9.22% Digital Electronics
12.47% Original Equipment Manufacturer
15.56% Aftermarket
WAB Stock 12 Month Forecast
Average Price Target
$282.38
▲(7.10% Upside)
Technical Analysis
Freightcar America
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Greenbrier
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L. B. Foster Company
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Trinity Industries
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Union Pacific
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Ownership Overview
0.63% Insiders
29.66% Mutual Funds
11.44% Other Institutional Investors
35.54% Public Companies and
Individual Investors