Westinghouse Air Brake Technologies Corporation (WAB) Company Bio
Westinghouse Air Brake Technologies provides technology-based products and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. The company was founded in 1869 and is based in Wilmerding, Pennsylvania.
WAB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for WAB, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Westinghouse Air Brake Technologies Corp ranked in the 40th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for WAB, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 3.5; that's higher than 50.69% of US stocks in the Industrials sector that have positive free cash flow.
Westinghouse Air Brake Technologies Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 16.79% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as WAB, try AME, RSG, CCRN, CW, and LUV.
Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 12 cents per share, payable on August 28, 2020 to holders of record on August 14, 2020.
Wabtec Corporation (NYSE: WAB) ("Wabtec") today announced the registration of 6,306,781 shares of Wabtec Stock by Issarts Captial, as the sole selling shareholder. The selling shareholder is an entity controlled by the family of Wabtec Board member Erwan Faiveley. The shares are being registered as contemplated by the Shareholders Agreement entered into between Wabtec and the Faiveley family as part of Wabtec’s acquisition of Faiveley Transportation in November 2016. Wabtec will not receive any proceeds from the sale of the shares.
Shares of Westinghouse Air Brake (NYSE:WAB) moved higher by 7% after the company reported Q2 results.Quarterly Results Earnings per share fell 17.92% over the past year to $0.87, which beat the estimate of $0.75.Revenue of $1,737,000,000 decreased by 22.90% from the same period last year, which beat the estimate of $1,700,000,000.Guidance The upcoming fiscal year's EPS expected to be between $3.50 and $3.80.The upcoming fiscal year's revenue expected to be between $7,300,000,000 and $7,600,000,000.How To Listen To The Conference Call Date: Jul 28, 2020View more earnings on WABTime: 08:30 AMET Webcast URL: https://services.choruscall.com/links/wab200430.htmlPrice Action Company's 52-week high was at $81.75Company's 52-week low was at $35.07Price action over last quarter: ...