More about Westinghouse Air Brake Technologies Corporation
Regulatory Filings for Westinghouse Air Brake Technologies Corporation
Fundamentals for Westinghouse Air Brake Technologies Corporation
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Fundamentals for Westinghouse Air Brake Technologies Corporation
Business Operations:
Sector: IndustrialsIndustry: Railroads
Westinghouse Air Brake Technologies Corporation provides locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates in two segments, Freight and Transit. It offers diesel-electric and liquid natural gas-powered locomotives; engines, electric motors, and propulsion systems; and marine and mining products. The company also offers positive train control equipment; electronically controlled pneumatic braking products; railway electronics; signal design and engineering services; distributed locomotive power, and train cruise and remote controls; industrial/mobile Internet of Things hardware and software, edge-to-cloud, on and off-board analytics and rules, and asset performance management solutions; rail and shipper transportation management, and port visibility and optimization solutions; and network optimization solutions. In addition, it provides freight car trucks, braking equipment, and related components; air compressors and dryers, as well as heating, ventilation, and air conditioning (HVAC) systems; heat transfer components and systems; custom engineered burners and combustion systems; rail gear, signaling, and switch products; and turbochargers. Further, it offers freight locomotive overhauls, modernizations, and refurbishment; locomotive and car maintenance; transit locomotive and car overhaul; unit exchange of locomotive components; long-term parts arrangements; and way equipment maintenance services. Additionally, it provides railway and freight braking equipment and related components; brake shoes, discs, and pads; HVAC equipment; access and platform screen doors; pantographs; power converters and battery chargers; passenger information systems and closed-circuit television; signaling and railway electric relays; and doors, window assemblies, accessibility lifts, ramps, and electric charging solutions for buses. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
Revenue projections:
With WAB's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 1.297000 |
|---|---|
| forwardPE | 22.454092 |
| debtToEquity | 39.063000 |
| earningsGrowth | 0.226000 |
| revenueGrowth | 0.044000 |
| grossMargins | 0.325750 |
| operatingMargins | 0.165230 |
| trailingEps | 6.010000 |
| forwardEps | 8.490000 |
WAB's current ratio of 1.297 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as WAB can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
WAB's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
WAB's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Price projections for WAB have steadily increased, reflecting growing optimism about the company's future. This trend suggests that analysts believe WAB is well-positioned for continued success.
Recommendation changes over time:
Analysts have maintained a buy bias for WAB, which could prompt investors to consider the stock as a viable investment. With this positive outlook, WAB is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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