News articles about Westinghouse Air Brake Technologies Corporation (NYSE:WAB) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Westinghouse Air Brake Technologies Corporation earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 45.1997527310334 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

A number of equities research analysts have recently weighed in on the stock. BidaskClub lowered shares of Westinghouse Air Brake Technologies Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. FBR & Co restated a “marketperform” rating on shares of Westinghouse Air Brake Technologies Corporation in a report on Tuesday, July 11th. Deutsche Bank AG set a $85.00 price objective on shares of Westinghouse Air Brake Technologies Corporation and gave the company a “hold” rating in a report on Monday, August 14th. Stifel Nicolaus restated a “hold” rating and issued a $74.00 price objective on shares of Westinghouse Air Brake Technologies Corporation in a report on Friday, July 28th. Finally, Edward Jones lowered shares of Westinghouse Air Brake Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $90.00.

Shares of Westinghouse Air Brake Technologies Corporation (NYSE WAB) opened at 75.75 on Friday. Westinghouse Air Brake Technologies Corporation has a 52 week low of $69.20 and a 52 week high of $93.81. The company’s 50-day moving average is $71.85 and its 200 day moving average is $80.02. The firm has a market capitalization of $7.27 billion, a price-to-earnings ratio of 26.65 and a beta of 1.05.

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 Zacks’ consensus estimate of $0.94 by ($0.14). Westinghouse Air Brake Technologies Corporation had a net margin of 8.10% and a return on equity of 13.07%. The company had revenue of $932.25 million for the quarter, compared to the consensus estimate of $1 billion. During the same quarter last year, the company earned $1.00 earnings per share. The company’s revenue was up 28.8% compared to the same quarter last year. Analysts anticipate that Westinghouse Air Brake Technologies Corporation will post $3.52 EPS for the current fiscal year.

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About Westinghouse Air Brake Technologies Corporation

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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