Westinghouse Air Brake Stock Today
| WAB Stock | USD 163.38 14.90 10.04% |
Performance19 of 100
| Odds Of DistressLess than 3
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Westinghouse Air is trading at 163.38 as of the 25th of April 2024, a 10.04% increase since the beginning of the trading day. The stock's open price was 148.48. Westinghouse Air has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Westinghouse Air Brake are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 20th of June 1995 | Category Industrials |
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania. The company has 176.82 M outstanding shares of which 1.89 M shares are at this time shorted by investors with about 2.24 days to cover. More on Westinghouse Air Brake
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Westinghouse Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Westinghouse Air's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Westinghouse Air or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Westinghouse Air's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westinghouse Air's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO and President and Director | Raymond Betler | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | REDBUBBLE LTD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction Machinery & Heavy Transportation Equipment, Capital Goods, Industrials, NYSE Composite, SP 500 Index, Air, Shipbuilding Railroad Equipment, Industrials, Machinery, Railroads, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Westinghouse Air report their recommendations after researching Westinghouse Air's financial statements, talking to executives and customers, or listening in on Westinghouse Air's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Westinghouse Air Brake. The Westinghouse consensus assessment is calculated by taking the average forecast from all of the analysts covering Westinghouse Air. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Westinghouse Air's profitability, liquidity, and operating efficiency, Westinghouse Air Brake is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Westinghouse Air Brake is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Westinghouse Air's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Westinghouse Air's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Westinghouse Air's financial leverage. It provides some insight into what part of Westinghouse Air's total assets is financed by creditors.
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Westinghouse Air Brake (WAB) is traded on New York Stock Exchange in USA. It is located in 30 Isabella Street, Pittsburgh, PA, United States, 15212 and employs 29,000 people. Westinghouse Air is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 26.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westinghouse Air's market, we take the total number of its shares issued and multiply it by Westinghouse Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Westinghouse Air Brake runs under Machinery sector within Industrials industry. The entity has 176.82 M outstanding shares of which 1.89 M shares are at this time shorted by investors with about 2.24 days to cover.
Westinghouse Air Brake has about 541 M in cash with 1.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.76.
Check Westinghouse Air Probability Of Bankruptcy
Ownership AllocationWestinghouse Air Brake retains a total of 176.82 Million outstanding shares. The majority of Westinghouse Air outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Westinghouse Air Brake to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Westinghouse Air Brake. Please pay attention to any change in the institutional holdings of Westinghouse Air Brake as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Westinghouse Ownership Details
Westinghouse Stock Price Odds Analysis
What are Westinghouse Air's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Westinghouse Air jumping above the current price in 90 days from now is near 1%. The Westinghouse Air Brake probability density function shows the probability of Westinghouse Air stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Westinghouse Air has a beta of 0.7121. This entails as returns on the market go up, Westinghouse Air average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Westinghouse Air Brake will be expected to be much smaller as well. Additionally, westinghouse Air Brake has an alpha of 0.1598, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Westinghouse Air to move above the current price in 90 days from now is near 1 (This Westinghouse Air Brake probability density function shows the probability of Westinghouse Stock to fall within a particular range of prices over 90 days) .
Westinghouse Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Westinghouse Air that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Westinghouse Air's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Westinghouse Air's value.| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2023-12-31 | 3.1 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 2.8 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 2.8 M | |
| Fmr Inc | 2023-12-31 | 2.1 M | |
| Mackenzie Investments | 2023-12-31 | 1.9 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | |
| Northern Trust Corp | 2023-12-31 | 1.7 M | |
| Beutel, Goodman & Company Ltd. | 2023-12-31 | 1.6 M | |
| Vanguard Group Inc | 2023-12-31 | 20 M | |
| Blackrock Inc | 2023-12-31 | 12 M |
Westinghouse Air Historical Income Statement
Westinghouse Air Brake Income Statement is one of the three primary financial statements used for reporting Westinghouse's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Westinghouse Air Brake revenue and expense. Westinghouse Air Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Westinghouse Air's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 10.2 B, whereas Total Other Income Expense Net is projected to grow to (220.4 M). View More FundamentalsWestinghouse Stock Against Markets
Picking the right benchmark for Westinghouse Air stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Westinghouse Air stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Westinghouse Air is critical whether you are bullish or bearish towards Westinghouse Air Brake at a given time. Please also check how Westinghouse Air's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Westinghouse Air without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Westinghouse Air Corporate Directors
Westinghouse Air corporate directors refer to members of a Westinghouse Air board of directors. The board of directors generally takes responsibility for the Westinghouse Air's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Westinghouse Air's board members must vote for the resolution. The Westinghouse Air board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lee Banks | Independent Director | Profile | |
| Erwan Faiveley | Independent Director | Profile | |
| Byron Foster | Independent Director | Profile | |
| Linda Harty | Independent Director | Profile |
How to buy Westinghouse Stock?
Before investing in Westinghouse Air, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Westinghouse Air. To buy Westinghouse Air stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Westinghouse Air. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Westinghouse Air stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Westinghouse Air Brake stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Westinghouse Air Brake stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Westinghouse Air Brake, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Westinghouse Stock please use our How to Invest in Westinghouse Air guide.
Already Invested in Westinghouse Air Brake?
The danger of trading Westinghouse Air Brake is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westinghouse Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westinghouse Air. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westinghouse Air Brake is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Westinghouse Air Brake information on this page should be used as a complementary analysis to other Westinghouse Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Westinghouse Stock analysis
When running Westinghouse Air's price analysis, check to measure Westinghouse Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
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Is Westinghouse Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westinghouse Air. If investors know Westinghouse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westinghouse Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.379 | Dividend Share 0.68 | Earnings Share 4.53 | Revenue Per Share 54.122 | Quarterly Revenue Growth 0.095 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.