Westinghouse Air Brake Technologies Corp

Company Profile

Westinghouse Air Brake Technologies Corp had its IPO on 1995-06-20 under the ticker symbol WAB.

The company operates in the Industrials sector and Railroads industry. Westinghouse Air Brake Technologies Corp has a staff strength of 27,000 employees.

Stock update

Shares of Westinghouse Air Brake Technologies Corp opened at $106.93 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $106.93 - $107.75, and closed at $107.42.

This is a +0.04% increase from the previous day's closing price.

A total volume of 478,914 shares were traded at the close of the day’s session.

In the last one week, shares of Westinghouse Air Brake Technologies Corp have slipped by -5.35%.

Westinghouse Air Brake Technologies Corp's Key Ratios

Westinghouse Air Brake Technologies Corp has a market cap of $19.23 billion, indicating a price to book ratio of 1.9033 and a price to sales ratio of 2.2415.

In the last 12-months Westinghouse Air Brake Technologies Corp’s revenue was $8.99 billion with a gross profit of $2.58 billion and an EBITDA of $1.59 billion. The EBITDA ratio measures Westinghouse Air Brake Technologies Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Westinghouse Air Brake Technologies Corp’s operating margin was 12.92% while its return on assets stood at 3.89% with a return of equity of 6.82%.

In Q2, Westinghouse Air Brake Technologies Corp’s quarterly earnings growth was a positive 16.5% while revenue growth was a positive 17.5%.

Westinghouse Air Brake Technologies Corp’s PE and PEG Ratio

Forward PE

18.315

Trailing PE

28.6347

PEG

3.92

Its diluted EPS in the last 12-months stands at $3.75 per share while it has a forward price to earnings multiple of 18.315 and a PEG multiple of 3.92. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Westinghouse Air Brake Technologies Corp’s profitability.

Westinghouse Air Brake Technologies Corp stock is trading at a EV to sales ratio of 2.7516 and a EV to EBITDA ratio of 15.0626. Its price to sales ratio in the trailing 12-months stood at 2.2415.

Westinghouse Air Brake Technologies Corp stock pays annual dividends of $0.64 per share, indicating a yield of 0.62% and a payout ratio of 12.67%.

Balance sheet and cash flow metrics

Total Assets

$18.99 billion

Total Liabilities

$4.17 billion

Operating Cash Flow

$-261000000.00

Capital Expenditure

$38 million

Dividend Payout Ratio

12.67%

Westinghouse Air Brake Technologies Corp ended 2023 with $18.99 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $18.99 billion while shareholder equity stood at $10.19 billion.

Westinghouse Air Brake Technologies Corp ended 2023 with $359.00 million in deferred long-term liabilities, $4.17 billion in other current liabilities, 2000000.00 in common stock, $4.88 billion in retained earnings and $8.66 billion in goodwill. Its cash balance stood at $371.00 million and cash and short-term investments were $371.00 million. The company’s total short-term debt was $989,000,000 while long-term debt stood at $3.40 billion.

Westinghouse Air Brake Technologies Corp’s total current assets stands at $4.66 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.70 billion compared to accounts payable of $1.31 billion and inventory worth $2.32 billion.

In 2023, Westinghouse Air Brake Technologies Corp's operating cash flow was $-261000000.00 while its capital expenditure stood at $38 million.

Comparatively, Westinghouse Air Brake Technologies Corp paid $0.13 in dividends in 2023.

Other key metrics

Current Trading Price

$107.42

52-Week High

$119.5213

52-Week Low

$78.816

Analyst Target Price

$113.64

Westinghouse Air Brake Technologies Corp stock is currently trading at $107.42 per share. It touched a 52-week high of $119.5213 and a 52-week low of $119.5213. Analysts tracking the stock have a 12-month average target price of $113.64.

Its 50-day moving average was $112.42 and 200-day moving average was $103.37 The short ratio stood at 1.96 indicating a short percent outstanding of 0%.

Around 103.9% of the company’s stock are held by insiders while 9371.6% are held by institutions.