A share price of Westinghouse Air Brake Technologies Corp [WAB] is currently trading at $176.25, up 0.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The WAB shares have lost -0.75% over the last week, with a monthly amount drifted -15.31%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Westinghouse Air Brake Technologies Corp [NYSE: WAB] stock has seen the most recent analyst activity on April 25, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $147 from $130. Previously, TD Cowen reaffirmed its Market Perform rating on February 15, 2024, and elevated its price target to $130. On February 15, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $135 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $150 on January 16, 2024. Jefferies upgraded its rating to a Buy. Morgan Stanley started tracking with a Overweight rating for this stock on January 08, 2024, and assigned it a price target of $137. In a note dated December 01, 2023, Susquehanna initiated an Positive rating and provided a target price of $150 on this stock.
Westinghouse Air Brake Technologies Corp experienced fluctuations in its stock price throughout the past year between $139.12 and $210.88. Currently, Wall Street analysts expect the stock to reach $212.5 within the next 12 months. Westinghouse Air Brake Technologies Corp [NYSE: WAB] shares were valued at $176.25 at the most recent close of the market. An investor can expect a potential return of 20.57% based on the average WAB price forecast.
Analyzing the WAB fundamentals
Trailing Twelve Months sales for Westinghouse Air Brake Technologies Corp [NYSE:WAB] were 10.39B which represents 2.26% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 174.74 points at the first support level, and at 173.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 177.37, and for the 2nd resistance point, it is at 178.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Westinghouse Air Brake Technologies Corp [NYSE:WAB] is 1.30. On the other hand, the Quick Ratio is 0.69, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 2.90, the price to book ratio is 2.99 and price to earnings (TTM) ratio is 29.20.
Transactions by insiders
Recent insider trading involved Santana Rafael, President and CEO, that happened on Feb 27 ’25 when 886.0 shares were sold. President and CEO, Santana Rafael completed a deal on Feb 26 ’25 to sell 894.0 shares. Meanwhile, Officer Rafael Santana bought 1780.0 shares on Feb 26 ’25.
