Wabtec Corp appears to be very steady, given 1 month investment horizon.
Wabtec Corp shows Sharpe Ratio of 0.1, which attests that the company had 0.1% of return per unit of risk over the last month. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific
technical indicators that cannot be
diversified away. We have found twenty-eight
technical indicators for Wabtec Corp, which you can use to evaluate the future volatility of the company. Please utilize Wabtec Corp's Market Risk Adjusted Performance of 0.1051,
mean deviation of 1.51, and Downside Deviation of 2.17 to validate if our risk estimates are consistent with your expectations.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Westinghouse Air income statement, its balance sheet, and the statement of cash flows. Potential Westinghouse Air investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Westinghouse Air investors may use each financial statement separately, they are all related. The changes in Westinghouse Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Westinghouse Air's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Westinghouse Air
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Westinghouse Air performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Westinghouse Air shares is the value that is considered the true value of the share. If
the intrinsic value of Westinghouse is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Westinghouse Air. Please read more on our
fundamental analysis page.
How effective is Westinghouse Air in utilizing its assets?
Westinghouse Air Brake reports assets on its Balance Sheet. It represents the amount of Westinghouse resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Westinghouse Air aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Construction Machinery & Heavy Transportation Equipment space. To get a better handle on how balance sheet or income statements item affect Westinghouse volatility, please check the breakdown of all its
fundamentals.
Are Westinghouse Air Earnings Expected to grow?
The
future earnings power of Westinghouse Air involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Westinghouse Air factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Westinghouse Air
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Westinghouse
expected earnings.
And What about dividends?
A dividend is the distribution of a portion of Westinghouse Air earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Westinghouse Air dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Westinghouse one year expected dividend income is about USD0.44 per share.
At present, Westinghouse Air's
Dividends Paid is projected to increase significantly based on the last few years of reporting. The current year's
Dividend Yield is expected to grow to 0.01, whereas
Dividend Paid And Capex Coverage Ratio is forecasted to decline to
(20.02).
Investing in dividend-paying stocks, such as Westinghouse Air Brake is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Westinghouse Air must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Westinghouse Air. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
Westinghouse Air Gross Profit
Westinghouse Air Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Westinghouse Air previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Westinghouse Air Gross Profit growth over the last 10 years. Please check Westinghouse Air's
gross profit and other
fundamental indicators for more details.
Breaking down Westinghouse Air Indicators
There are few distinct groups of Wabtec Corp stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Wabtec is distributed among investors.
Ownership Allocation
Wabtec Corp owns a total of 189.35 Million outstanding shares. The majority of Wabtec Corp
outstanding shares are owned by
institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wabtec Corp to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wabtec Corp. Please pay attention to any change in the institutional holdings of Wabtec Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
| Retail Investors | 3.85 |
| Insiders | 4.41 |
| Institutions | 91.74 |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Wabtec Corp has an asset utilization ratio of 229.31 percent. This suggests that the company is making $2.29 for each dollar of assets. An increasing asset utilization means that Wabtec Corp is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets4.2 B | Assets Non Current1.6 B | | |
| Current Assets | 4.19 Billion | 58.65 |
| Assets Non Current | 1.64 Billion | 22.93 |
| Goodwill | 1.26 Billion | 17.67 |
| Tax Assets | 53.56 Million | 0.75 |
Another small slip for Wabtec Corp
Semi deviation is down to 2.1. It may suggest a possible volatility slip.
As of the 29th of April, Wabtec Corp maintains the Downside Deviation of 2.17,
mean deviation of 1.51, and Market Risk Adjusted Performance of 0.1051. Relative to
fundamental indicators, the
technical analysis model lets you check existing technical drivers of Wabtec Corp, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze nineteen
technical drivers for Wabtec Corp, which can be compared to its rivals. Please check out
Wabtec Corp standard deviation,
value at risk,
kurtosis, as well as the
relationship between the
jensen alpha and
semi variance to decide if Wabtec Corp is priced fairly, providing market reflects its latest price of 83.71 per share. Given that Wabtec Corp has
jensen alpha of
(0.044057), we strongly advise you to confirm Wabtec Corp's prevalent market performance to make sure the company can sustain itself at a future point.
Our Takeaway on Wabtec Corp Investment
Whereas some firms in the railroads industry are either recovering or due for a correction, Wabtec Corp may not be performing as strong as the other in terms of long-term growth potentials. While some investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Wabtec Corp.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Westinghouse Air Brake. Please refer to our
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