Driving To Deliver Your Business

Analysts' Recent Ratings Changes for Westinghouse Air Brake …

Analysts' Recent Ratings Changes For Westinghouse Air Brake ...Several analysts have recently updated their ratings and price targets for Westinghouse Air Brake Technologies Corp (NYSE: WAB):

  • 1/11/2016 Westinghouse Air Brake Technologies Corp was upgraded by analysts at Zacks Investment Research[1] from a sell rating to a hold rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)
  • 1/4/2016 Westinghouse Air Brake Technologies Corp had its hold rating reaffirmed by analysts at KeyBanc.
  • 12/29/2015 Westinghouse Air Brake Technologies Corp had its hold rating reaffirmed by analysts at KeyBanc.
  • 12/28/2015 Westinghouse Air Brake Technologies Corp was downgraded by analysts at Zacks Investment Research[2] from a hold rating to a sell rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)
  • 12/22/2015 Westinghouse Air Brake Technologies Corp was downgraded by analysts at Zacks Investment Research[3] from a hold rating to a sell rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)
  • 12/21/2015 Westinghouse Air Brake Technologies Corp was upgraded by analysts at Stifel Nicolaus from a hold rating to a buy rating. They now have a $88.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 12/14/2015 Westinghouse Air Brake Technologies Corp was upgraded by analysts at Zacks Investment Research[4] from a sell rating to a hold rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)
  • 12/8/2015 Westinghouse Air Brake Technologies Corp was downgraded by analysts at Zacks Investment Research[5] from a hold rating to a sell rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)
  • 12/2/2015 Westinghouse Air Brake Technologies Corp was upgraded by analysts at Zacks Investment Research[6] from a sell rating to a hold rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)
  • 11/23/2015 Westinghouse Air Brake Technologies Corp was downgraded by analysts at Zacks Investment Research[7] from a hold rating to a sell rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)
  • 11/16/2015 Westinghouse Air Brake Technologies Corp was upgraded by analysts at Raymond James from a market perform rating to an outperform rating. They now have a $82.00 price target on the stock.
  • 11/15/2015 Westinghouse Air Brake Technologies Corp was upgraded by analysts at Zacks Investment Research[8] from a sell rating to a hold rating. According to Zacks, Wabtec Corporation is one of North America s largest providers of value-added, technology-based products and services for the rail industry. Through its subsidiaries, the company manufactures a full range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower and provides aftermarket services, including locomotive and freight car fleet maintenance. (PRESS RELEASE)

Westinghouse Air Brake Technologies Corp (NYSE:WAB[9]) traded up 2.77% during mid-day trading on Thursday, hitting $63.36. 1,490,618 shares of the company traded hands. Westinghouse Air Brake Technologies Corp has a one year low of $60.40 and a one year high of $105.10. The company has a market capitalization of $6.11 billion and a price-to-earnings ratio of 15.84. The company s 50-day moving average price is $71.70 and its 200 day moving average price is $86.41. Westinghouse Air Brake Technologies Corp (NYSE:WAB) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $1.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters consensus estimate of $1.04 by $0.02. The company had revenue of $810 million for the quarter, compared to analyst estimates of $846.71 million. The firm s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 EPS. On average, analysts anticipate that Westinghouse Air Brake Technologies Corp will post $4.10 earnings per share for the current fiscal year. In related news, Director Steeg Nickolas Vande purchased 6,470 shares of Westinghouse Air Brake Technologies Corp stock in a transaction that occurred on Tuesday, November 10th. The shares were acquired at an average price of $77.38 per share, for a total transaction of $500,648.60. Following the transaction, the director now directly owns 15,639 shares in the company, valued at $1,210,145.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link[10].

Westinghouse Air Brake Technologies Corporation (NYSE:WAB[11]) is a provider of technology-based products and services to freight rail and passenger transit industries. The Company s products are used in locomotives, freight cars subway cars and buses, and other vehicles in United States and other countries across the world. The Company operates through two business segments: the Freight Segment and the Transit Segment. The Freight Segment manufactures and services components for new and existing locomotive and freight cars, supplies railway electronics, positive train control equipment, signal design and engineering services, builds switcher locomotives, rebuilds freight locomotives and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit Segment manufactures and services components for new and existing passenger transit vehicles, such as subway cars and buses, builds new commuter locomotives and refurbishes subway cars.

Receive News & Ratings for Westinghouse Air Brake Technologies Corp Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Westinghouse Air Brake Technologies Corp and related companies with MarketBeat.com’s FREE daily email newsletter[12].

References

  1. ^ Zacks Investment Research (www.zacks.com)
  2. ^ Zacks Investment Research (www.zacks.com)
  3. ^ Zacks Investment Research (www.zacks.com)
  4. ^ Zacks Investment Research (www.zacks.com)
  5. ^ Zacks Investment Research (www.zacks.com)
  6. ^ Zacks Investment Research (www.zacks.com)
  7. ^ Zacks Investment Research (www.zacks.com)
  8. ^ Zacks Investment Research (www.zacks.com)
  9. ^ NYSE:WAB (www.marketbeat.com)
  10. ^ this link (www.sec.gov)
  11. ^ NYSE:WAB (www.marketbeat.com)
  12. ^ MarketBeat.com’s FREE daily email newsletter (zolmax.com)



Leave a Reply

Your email address will not be published. Required fields are marked *


*