Westinghouse Air Brake Stock Today

WAB Stock  USD 194.43  1.69  0.86%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Westinghouse Air is trading at 194.43 as of the 21st of November 2024, a 0.86% down since the beginning of the trading day. The stock's open price was 196.12. Westinghouse Air has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on September 2, 2024, Representative John James of US Congress acquired under $15k worth of Westinghouse Air Brake's common stock.
Business Domain
Capital Goods
IPO Date
20th of June 1995
Category
Industrials
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania. The company has 171.89 M outstanding shares of which 2.02 M shares are at this time shorted by investors with about 2.22 days to cover. More on Westinghouse Air Brake

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Westinghouse Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORafael Santana
Thematic Ideas
(View all Themes)
Old NameREDBUBBLE LTD
Business ConcentrationConstruction Machinery & Heavy Transportation Equipment, Capital Goods, Industrials, NYSE Composite, SP 500 Index, Air, Shipbuilding Railroad Equipment, Industrials, Machinery, Railroads, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07610.0429
Way Up
Slightly volatile
Asset Turnover0.480.5096
Notably Down
Slightly volatile
Gross Profit Margin0.320.2752
Fairly Up
Pretty Stable
Net DebtB3.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities4.3 B4.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.6 B4.4 B
Sufficiently Up
Slightly volatile
Total Assets19.9 B19 B
Sufficiently Up
Slightly volatile
Total Current Assets5.1 B4.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.3 B1.2 B
Sufficiently Up
Slightly volatile
Debt Levels
Westinghouse Air can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Westinghouse Air's financial leverage. It provides some insight into what part of Westinghouse Air's total assets is financed by creditors.
Liquidity
Westinghouse Air Brake has 4.38 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Westinghouse Air Brake has a current ratio of 1.24, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Westinghouse to invest in growth at high rates of return.

Change To Inventory

(55.1 Million)
Westinghouse Air Brake (WAB) is traded on New York Stock Exchange in USA. It is located in 30 Isabella Street, Pittsburgh, PA, United States, 15212 and employs 29,000 people. Westinghouse Air is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 33.42 B. Westinghouse Air Brake runs under Machinery sector within Industrials industry. The entity has 171.89 M outstanding shares of which 2.02 M shares are at this time shorted by investors with about 2.22 days to cover. Westinghouse Air Brake has about 541 M in cash with 1.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.76.
Check Westinghouse Air Probability Of Bankruptcy
Ownership Allocation
Westinghouse Air Brake retains a total of 171.89 Million outstanding shares. The majority of Westinghouse Air outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Westinghouse Air Brake to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Westinghouse Air Brake. Please pay attention to any change in the institutional holdings of Westinghouse Air Brake as this could imply that something significant has changed or is about to change at the company. Please note that on September 2, 2024, Representative John James of US Congress acquired under $15k worth of Westinghouse Air Brake's common stock.
Check Westinghouse Ownership Details

Westinghouse Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
3.8 M
Boston Partners Global Investors, Inc2024-06-30
2.8 M
Fidelity International Ltd2024-06-30
2.3 M
Farallon Capital Management, L.l.c.2024-06-30
2.2 M
Norges Bank2024-06-30
1.9 M
Dimensional Fund Advisors, Inc.2024-09-30
1.6 M
Ubs Asset Mgmt Americas Inc2024-09-30
1.5 M
Nuveen Asset Management, Llc2024-06-30
1.5 M
Northern Trust Corp2024-09-30
1.5 M
Vanguard Group Inc2024-09-30
19.7 M
Blackrock Inc2024-06-30
15.1 M
View Westinghouse Air Diagnostics

Westinghouse Air Historical Income Statement

At present, Westinghouse Air's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 10.2 B, whereas Total Other Income Expense Net is projected to grow to (165.3 M). View More Fundamentals

Westinghouse Stock Against Markets

Westinghouse Air Corporate Directors

Lee BanksIndependent DirectorProfile
Erwan FaiveleyIndependent DirectorProfile
Byron FosterIndependent DirectorProfile
Linda HartyIndependent DirectorProfile

Already Invested in Westinghouse Air Brake?

The danger of trading Westinghouse Air Brake is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westinghouse Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westinghouse Air. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westinghouse Air Brake is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:
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Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westinghouse Air. If investors know Westinghouse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westinghouse Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.226
Dividend Share
0.77
Earnings Share
6.01
Revenue Per Share
58.76
Quarterly Revenue Growth
0.044
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.