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:
We started the process of determining a valid price forecast for Westinghouse Air Brake Technologies Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Westinghouse Air Brake Technologies Corp ranked in the 42th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Westinghouse Air Brake Technologies Corp ended up being:
Westinghouse Air Brake Technologies Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 16.08% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Westinghouse Air Brake Technologies Corp has a reliance on debt greater than 53.42% of them.
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 EBF, ALLE, DCI, ROLL, and TTEK.
Wabtec (Westinghouse Air Brake Technologies) announced on Jan. 24, that it has secured an order to supply 186 of its advanced Metroflexx brake systems and other key components on train cars for Singapore’s Mass Rapid Transit (MRT) Jurong line. This order marks Metroflexx brake system’s first deployment in Asia. The order also includes the supply of 372 roof-mounted air conditioning systems. Lilian Leroux, President of Wabtec’s (WAB) Transit business, commented, “This order builds upon our long-standing partnership with the MRT. The solutions Wabtec is providing for these new transit cars will improve the rail system’s operations and the passenger experience.
Wabtec Corporation (NYSE: WAB) announced today that it secured an order from the Hyundai Rotem Company to supply several key components on train cars for Singapore Mass Rapid Transit’s (MRT) new Jurong Region Line. The company will supply its advanced Metroflexx brake systems, passenger access doors, and air conditioning systems for 62 new, automated three-car trains.
Wabtec Corporation (NYSE: WAB) announced it will report 2020 fourth quarter results before the U.S. financial markets open on Feb. 18, 2021. The company will conduct a conference call to discuss those results with analysts and investors at 8:30 a.m. ET the same day. To listen to the call via webcast, visit Wabtec’s website at www.WabtecCorp.com and click on "Events & Presentations" in the "Investor Relations" section. An audio replay of the call will be available by calling 1-877-344-7529 or 1-412-317-0088 (access code: 10150903).