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 37th 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:
The company's debt burden, as measured by earnings divided by interest payments, is 3.5; that's higher than 52.6% 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 8%; for context, that number is higher than only 14.52% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AME, NSP, TTC, CVA, and LUV can be thought of as valuation peers to WAB, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Westinghouse Air Brake Technologies (WAB), better known as Wabtec, is an interesting prospect for investors interested in the transportation industry. As a provider of locomotives, transit vehicles, and related products and services, the company is integral to the rail and other niche transportation markets. Though earnings have remained in a...
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.