Wabtec Stock Story

WAB -  USA Stock  

USD 89.68  1.23  1.39%

It looks like Owens Corning will be up for a correction faster as its share price went up 1.16% today to Wabtec Corp's 1.32%As many millenniums are excited about industrials space, we are going to shadow both, Wabtec Corp and Owens Corning as a potential short-term opportunity. We are going to analyze some of the competitive aspects of both Wabtec and Owens.
Published over a month ago
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Will Wabtec Corp (NYSE:WAB) shadow Owens Corning price jump?
By analyzing existing basic indicators between Wabtec Corp and Owens, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Owens with a short position in Wabtec Corp. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
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 226.28 percent. This suggests that the company is making $2.26 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.

How important is Wabtec Corp's Liquidity

Wabtec Corp financial leverage refers to using borrowed capital as a funding source to finance Wabtec Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Wabtec Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Wabtec Corp's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Wabtec Corp, but it might be worth checking our own buy vs. sell analysis

Sale by David DeNinno of 5000 shares of Wabtec Corp

Legal trades by Wabtec Corp insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Wabtec insider trading alert for sale of common stock - direct by David DeNinno, Exec VP General Counsel Sec., on 22nd of November 2021. This event was filed by Westinghouse Air Brake Te with SEC on 2021-11-22. Statement of changes in beneficial ownership - SEC Form 4. David DeNinno currently serves as executive vice president, general counsel, secretary of Wabtec Corp [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down Wabtec Corp Indicators

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me now analyze Wabtec Corp revenue. Based on the latest financial disclosure, Wabtec Corp reported 7.46 B of revenue. This is 113.23% higher than that of the Industrials sector and 17.63% higher than that of the Railroads industry. The revenue for all United States stocks is 20.93% higher than that of Wabtec Corp. As for Owens Corning we see revenue of 7.98 B, which is 25.83% higher than that of the Railroads

Wabtec7.46 Billion
Sector3.5 Billion
Owens7.98 Billion
7.5 B
3.5 B

Another setback for Wabtec Corp investors

Downside variance is down to 1.33. It may suggest a possible volatility slip. Wabtec Corp has relatively low volatility with skewness of 0.07 and kurtosis of -0.32. However, we advise all investors to independently investigate Wabtec Corp to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wabtec Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wabtec Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Whereas some other 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. To conclude, as of the 27th of October 2021, we see that Wabtec Corp responds to the market. The company is undervalued with low odds of distress within the next 24 months. Our primary 90 days buy-hold-sell recommendation on the company is Strong Buy.

Editorial Staff

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 Vlad Skutelnik do not own shares of Wabtec Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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