Wabtec (NYSE:WAB – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $239.08 and last traded at $238.1050, with a volume of 151150 shares. The stock had previously closed at $233.69.
Wabtec News Roundup
Here are the key news stories impacting Wabtec this week:
- Positive Sentiment: Wabtec secured a landmark $1.2 billion agreement with Union Pacific to modernize AC4400 locomotives — described as the largest locomotive‑modernization investment in rail history. The deal boosts Wabtec’s aftermarket and services backlog and improves revenue visibility from long‑cycle fleet upgrades. Union Pacific Inks $1.2B Locomotive Modernization Deal With Wabtec
- Positive Sentiment: Multiple outlets report the contract and noted investor optimism; early market response included share gains ahead of earnings as the deal reinforces Wabtec’s leadership in locomotive overhauls and aftermarket services. Wabtec Shares Surge on Major Railroad Contract and Earnings Anticipation
- Neutral Sentiment: Earnings previews show mixed indicators — some analysts note rising EPS and revenue estimates and point to strong Freight and Transit demand, which could support an earnings beat, but outcomes remain uncertain until results are released. Wabtec to Report Q4 Earnings: Is a Beat in Store for the Stock?
- Negative Sentiment: Another analyst note cautions that Wabtec may lack the specific combination of drivers needed for a clear earnings beat, keeping short‑term upside tied to execution and margin confirmation — a factor that can prompt profit‑taking after the recent rally. Westinghouse Air Brake Technologies (WAB) Reports Next Week: Wall Street Expects Earnings Growth
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Morgan Stanley lifted their price objective on shares of Wabtec from $257.00 to $264.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Susquehanna lifted their price target on shares of Wabtec from $240.00 to $280.00 and gave the stock a “positive” rating in a research note on Monday, January 26th. Citigroup boosted their price objective on shares of Wabtec from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 9th. Weiss Ratings restated a “buy (b)” rating on shares of Wabtec in a research note on Wednesday, January 21st. Finally, Wolfe Research upgraded Wabtec from a “peer perform” rating to an “outperform” rating and set a $245.00 price target on the stock in a research note on Thursday, January 8th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Wabtec currently has an average rating of “Moderate Buy” and a consensus target price of $241.00.
Wabtec Trading Down 0.3%
The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 1.42. The business’s 50 day moving average price is $221.04 and its 200-day moving average price is $205.07. The firm has a market cap of $41.03 billion, a price-to-earnings ratio of 34.88, a price-to-earnings-growth ratio of 1.61 and a beta of 1.01.
Insider Activity
In other news, insider Pascal Schweitzer sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $208.07, for a total value of $624,210.00. Following the transaction, the insider directly owned 4,955 shares in the company, valued at approximately $1,030,986.85. This trade represents a 37.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Rogerio Mendonca sold 2,019 shares of Wabtec stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $214.51, for a total transaction of $433,095.69. Following the completion of the transaction, the insider directly owned 9,516 shares of the company’s stock, valued at $2,041,277.16. This trade represents a 17.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 24,641 shares of company stock valued at $5,233,559 over the last three months. 1.10% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Wabtec
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Colonial Trust Advisors raised its position in shares of Wabtec by 454.5% during the 2nd quarter. Colonial Trust Advisors now owns 122 shares of the transportation company’s stock worth $26,000 after purchasing an additional 100 shares during the period. Piscataqua Savings Bank grew its stake in Wabtec by 12,800.0% during the 3rd quarter. Piscataqua Savings Bank now owns 129 shares of the transportation company’s stock worth $26,000 after buying an additional 128 shares during the last quarter. Motco increased its position in Wabtec by 6,600.0% in the third quarter. Motco now owns 134 shares of the transportation company’s stock worth $27,000 after buying an additional 132 shares during the period. Salomon & Ludwin LLC lifted its stake in Wabtec by 370.6% in the third quarter. Salomon & Ludwin LLC now owns 160 shares of the transportation company’s stock valued at $32,000 after buying an additional 126 shares during the last quarter. Finally, BOKF NA boosted its holdings in shares of Wabtec by 66.7% during the fourth quarter. BOKF NA now owns 175 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 70 shares during the period. 91.69% of the stock is currently owned by institutional investors and hedge funds.
Wabtec Company Profile
Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec’s business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.
Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.
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