Wabtec (NYSE:WAB) Announces Quarterly Earnings Results

Wabtec (NYSE:WAB) released its quarterly earnings data on Wednesday. The transportation company reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.10, FiscalAI reports. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.

Wabtec Stock Performance

Shares of WAB opened at $283.61 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.12 and a quick ratio of 0.59. Wabtec has a one year low of $186.06 and a one year high of $306.64. The company has a 50-day simple moving average of $287.91 and a two-hundred day simple moving average of $275.80. The firm has a market capitalization of $47.91 billion, a PE ratio of 38.12, a price-to-earnings-growth ratio of 1.94 and a beta of 0.92.

Wabtec Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 17th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, November 17th. Wabtec’s dividend payout ratio is presently 16.67%.

Insider Buying and Selling at Wabtec

In other news, insider Michael Fetsko sold 3,250 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $293.22, for a total value of $952,965.00. Following the completion of the transaction, the insider owned 37,380 shares of the company’s stock, valued at approximately $10,960,563.60. This represents a 8.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Gregory Sbrocco sold 952 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $300.00, for a total value of $285,600.00. Following the completion of the transaction, the executive vice president directly owned 21,043 shares of the company’s stock, valued at $6,312,900. This represents a 4.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 17,552 shares of company stock worth $5,232,911. Insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on WAB. KeyCorp boosted their target price on Wabtec from $308.00 to $340.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Wall Street Zen lowered Wabtec from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Weiss Ratings raised Wabtec from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Morgan Stanley lifted their price target on shares of Wabtec from $318.00 to $355.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Wabtec from $315.00 to $320.00 and gave the company a “neutral” rating in a report on Monday, September 21st. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Wabtec has a consensus rating of “Moderate Buy” and an average target price of $313.55.

Wabtec News Roundup

Here are the key news stories impacting Wabtec this week:

• Positive Sentiment: Wabtec reported third-quarter adjusted EPS of $2.83, up 22% year over year and ahead of the $2.73 analyst consensus. GAAP EPS reached $2.42, a 33.7% increase, while sales grew 8.1% to $3.12 billion. Wabtec Reports Strong Third Quarter 2026 Results
• Positive Sentiment: The company raised and tightened its 2026 adjusted EPS outlook, with the high end increased to $11.05. Management also reported a 1.9-percentage-point improvement in adjusted operating margin to 22.9%, indicating stronger profitability. Wabtec Raises 2026 EPS Guidance
• Neutral Sentiment: Wabtec is discussing potential locomotive fleet modernization, locomotive supplies, and a mining-equipment service center in Uzbekistan. These initiatives could create longer-term international opportunities, but no firm contract or financial contribution was announced. Uzbekistan and Wabtec Discuss Locomotive Fleet Modernisation
• Negative Sentiment: Quarterly revenue of $3.12 billion missed the $3.20 billion consensus estimate. The shortfall, despite the EPS beat, raised concerns about demand or execution and was the primary factor weighing on the shares. Wabtec Stock Falls on Revenue Miss

Wabtec Company Profile

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec (NYSE: WAB), is a global provider of equipment, systems, digital solutions and services for the freight and passenger rail industries. The company develops technologies intended to improve the safety, efficiency, reliability and sustainability of rail transportation.

Wabtec’s products and services include locomotives, locomotive components and modernization programs, braking systems, train control and signaling equipment, power and propulsion systems, and advanced digital solutions.