Westinghouse Air Brake Technologies (WAB) Given Daily News Impact Rating of 0.09

News articles about Westinghouse Air Brake Technologies (NYSE:WAB) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Westinghouse Air Brake Technologies earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 46.4634477753645 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

A number of analysts recently weighed in on the stock. B. Riley reissued a “neutral” rating on shares of Westinghouse Air Brake Technologies in a report on Wednesday, November 1st. Stifel Nicolaus reissued a “hold” rating and issued a $75.00 price target (up previously from $74.00) on shares of Westinghouse Air Brake Technologies in a report on Wednesday, October 25th. FBR & Co set a $85.00 price target on shares of Westinghouse Air Brake Technologies and gave the company a “hold” rating in a report on Wednesday, October 25th. Zacks Investment Research lowered shares of Westinghouse Air Brake Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, Buckingham Research lowered their price target on shares of Westinghouse Air Brake Technologies from $100.00 to $97.00 and set a “buy” rating for the company in a report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. Westinghouse Air Brake Technologies has an average rating of “Hold” and an average price target of $87.44.

Shares of Westinghouse Air Brake Technologies (WAB) traded down $0.30 during trading on Monday, hitting $82.50. 450,491 shares of the company were exchanged, compared to its average volume of 583,536. The company has a current ratio of 1.55, a quick ratio of 1.03 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $7,920.00, a price-to-earnings ratio of 31.37, a P/E/G ratio of 1.77 and a beta of 1.08. Westinghouse Air Brake Technologies has a fifty-two week low of $69.20 and a fifty-two week high of $93.81.

Westinghouse Air Brake Technologies (NYSE:WAB) last announced its quarterly earnings data on Tuesday, October 24th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. Westinghouse Air Brake Technologies had a net margin of 7.04% and a return on equity of 11.85%. The firm had revenue of $957.93 million for the quarter, compared to analysts’ expectations of $947.18 million. During the same period last year, the firm earned $0.94 earnings per share. The business’s revenue for the quarter was up 41.8% on a year-over-year basis. equities analysts anticipate that Westinghouse Air Brake Technologies will post 3.48 earnings per share for the current fiscal year.

In other Westinghouse Air Brake Technologies news, Director Robert J. Brooks sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $77.66, for a total value of $271,810.00. Following the transaction, the director now directly owns 84,221 shares of the company’s stock, valued at $6,540,602.86. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP David L. Deninno sold 1,917 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $76.10, for a total transaction of $145,883.70. Following the completion of the transaction, the vice president now directly owns 56,131 shares in the company, valued at $4,271,569.10. The disclosure for this sale can be found here. 11.69% of the stock is currently owned by company insiders.

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About Westinghouse Air Brake Technologies

Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global freight and transit rail industries. The Company’s segments include the Freight Segment and the Transit Segment. The Freight Segment primarily manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, and provides related heat exchange and cooling systems.

Insider Buying and Selling by Quarter for Westinghouse Air Brake Technologies (NYSE:WAB)

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