News stories about Westinghouse Air Brake Technologies Corporation (NYSE:WAB) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Westinghouse Air Brake Technologies Corporation earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46.8140346453563 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) opened at 72.06 on Friday. Westinghouse Air Brake Technologies Corporation has a 12-month low of $69.75 and a 12-month high of $93.81. The stock has a 50 day moving average price of $75.70 and a 200-day moving average price of $80.90. The stock has a market cap of $6.92 billion, a price-to-earnings ratio of 25.36 and a beta of 1.03.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) last posted its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.94 by $0.14. The company had revenue of $932.25 million during the quarter, compared to the consensus estimate of $1 billion. Westinghouse Air Brake Technologies Corporation had a net margin of 8.10% and a return on equity of 13.07%. The company’s revenue was up 28.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.00 earnings per share. Equities analysts anticipate that Westinghouse Air Brake Technologies Corporation will post $3.52 EPS for the current fiscal year.

WAB has been the subject of a number of recent research reports. BidaskClub downgraded Westinghouse Air Brake Technologies Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Buckingham Research initiated coverage on Westinghouse Air Brake Technologies Corporation in a research report on Wednesday, June 21st. They set a “buy” rating and a $104.00 price objective for the company. Zacks Investment Research upgraded Westinghouse Air Brake Technologies Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Deutsche Bank AG lowered Westinghouse Air Brake Technologies Corporation from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a report on Thursday, July 13th. Finally, Stifel Nicolaus lowered Westinghouse Air Brake Technologies Corporation from a “buy” rating to a “hold” rating and set a $92.00 target price for the company. in a report on Monday, July 17th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $92.00.

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Westinghouse Air Brake Technologies Corporation Company Profile

Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global freight and transit rail industries. The Company’s segments include the Freight Segment and the Transit Segment. The Freight Segment primarily manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, and provides related heat exchange and cooling systems.

Insider Buying and Selling by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)

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