Westinghouse Air Brake Technologies (NYSE:WAB – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 8.350-8.750 for the period, compared to the consensus earnings per share estimate of 8.640. The company issued revenue guidance of $10.7 billion-$11.0 billion, compared to the consensus revenue estimate of $11.0 billion.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. KeyCorp lifted their price objective on Westinghouse Air Brake Technologies from $200.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Stephens restated an “overweight” rating and set a $220.00 price target on shares of Westinghouse Air Brake Technologies in a research report on Thursday. Susquehanna lifted their price target on Westinghouse Air Brake Technologies from $190.00 to $220.00 and gave the company a “positive” rating in a research report on Monday, October 21st. The Goldman Sachs Group lifted their price target on Westinghouse Air Brake Technologies from $181.00 to $205.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Finally, Bank of America lifted their price target on Westinghouse Air Brake Technologies from $225.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $190.38.
Get Our Latest Analysis on Westinghouse Air Brake Technologies
Westinghouse Air Brake Technologies Stock Up 3.8 %
Westinghouse Air Brake Technologies (NYSE:WAB – Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The transportation company reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.06). Westinghouse Air Brake Technologies had a return on equity of 12.52% and a net margin of 10.25%. On average, research analysts anticipate that Westinghouse Air Brake Technologies will post 7.6 earnings per share for the current fiscal year.
Westinghouse Air Brake Technologies Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 0.51%. This is a boost from Westinghouse Air Brake Technologies’s previous quarterly dividend of $0.20. Westinghouse Air Brake Technologies’s payout ratio is currently 13.33%.
Westinghouse Air Brake Technologies Company Profile
Westinghouse Air Brake Technologies Corporation, together with its subsidiaries, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It offers diesel-electric, battery, and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products.
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