Zacks Research Weighs in on Wabtec’s Q2 Earnings (NYSE:WAB)

Wabtec (NYSE:WAB) – Investment analysts at Zacks Research raised their Q2 2027 earnings per share (EPS) estimates for shares of Wabtec in a research note issued to investors on Wednesday, November 12th. Zacks Research analyst Team now expects that the transportation company will post earnings per share of $2.66 for the quarter, up from their prior estimate of $2.64. The consensus estimate for Wabtec’s current full-year earnings is $8.54 per share. Zacks Research also issued estimates for Wabtec’s Q3 2027 earnings at $2.81 EPS.

Wabtec (NYSE:WAB) last posted its earnings results on Wednesday, October 22nd. The transportation company reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.04. The company had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Wabtec had a net margin of 10.94% and a return on equity of 13.84%. Wabtec’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.00 earnings per share. Wabtec has set its FY 2025 guidance at 8.850-9.050 EPS.

Other analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Wabtec in a report on Wednesday, October 8th. Susquehanna raised their price target on Wabtec from $235.00 to $240.00 and gave the stock a “positive” rating in a research report on Thursday, October 23rd. Wells Fargo & Company assumed coverage on Wabtec in a research note on Thursday. They issued an “equal weight” rating and a $221.00 price objective for the company. Morgan Stanley increased their target price on Wabtec from $220.00 to $226.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Finally, Wall Street Zen cut Wabtec from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.78.

Wabtec Price Performance

Wabtec stock opened at $203.60 on Friday. The company’s 50 day simple moving average is $197.45 and its 200-day simple moving average is $199.14. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.75 and a current ratio of 1.42. Wabtec has a 1 year low of $151.81 and a 1 year high of $216.10. The company has a market capitalization of $34.81 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 1.55 and a beta of 1.09.

Institutional Trading of Wabtec

Hedge funds have recently added to or reduced their stakes in the company. PFS Partners LLC lifted its stake in Wabtec by 70.4% in the second quarter. PFS Partners LLC now owns 121 shares of the transportation company’s stock worth $25,000 after acquiring an additional 50 shares during the last quarter. Colonial Trust Advisors raised its holdings in shares of Wabtec by 454.5% in the 2nd quarter. Colonial Trust Advisors now owns 122 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Piscataqua Savings Bank raised its holdings in shares of Wabtec by 12,800.0% in the 3rd quarter. Piscataqua Savings Bank now owns 129 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 128 shares in the last quarter. Motco lifted its position in shares of Wabtec by 6,600.0% during the 3rd quarter. Motco now owns 134 shares of the transportation company’s stock worth $27,000 after purchasing an additional 132 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its stake in shares of Wabtec by 370.6% during the third quarter. Salomon & Ludwin LLC now owns 160 shares of the transportation company’s stock worth $32,000 after purchasing an additional 126 shares in the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Insiders Place Their Bets

In other Wabtec news, CAO John A. Mastalerz, Jr. sold 2,766 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $210.00, for a total value of $580,860.00. Following the sale, the chief accounting officer owned 5,286 shares of the company’s stock, valued at $1,110,060. This trade represents a 34.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP David L. Deninno sold 5,000 shares of Wabtec stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $209.94, for a total value of $1,049,700.00. Following the completion of the transaction, the vice president owned 55,450 shares of the company’s stock, valued at $11,641,173. The trade was a 8.27% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 26,322 shares of company stock valued at $5,315,871. 1.10% of the stock is owned by company insiders.

Wabtec Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, November 12th. Wabtec’s dividend payout ratio (DPR) is presently 14.53%.

About Wabtec

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.