AI Spotlight on WAB
Company Description
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide.It operates through two segments, Freight and Transit.The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems.
It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities.The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways.This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses.
It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products.In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services.Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors.
The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
Market Data
Last Price | 207.92 |
Change Percentage | -0.92% |
Open | 210.22 |
Previous Close | 209.86 |
Market Cap ( Millions) | 35739 |
Volume | 449674 |
Year High | 210.74 |
Year Low | 131.33 |
M A 50 | 198.06 |
M A 200 | 176.01 |
Financial Ratios
FCF Yield | 4.47% |
Dividend Yield | 0.38% |
ROE | 10.16% |
Debt / Equity | 39.19% |
Net Debt / EBIDTA | 169.18% |
Price To Book | 3.52 |
Price Earnings Ratio | 34.04 |
Price To FCF | 22.38 |
Price To sales | 3.46 |
EV / EBITDA | 18.46 |
News
- Jan -28 - Wabtec Wins $248 Million Locomotive Order from Winning Consortium Simandou
- Jan -16 - Wabtec to Benefit From Inspection Technologies Buyout: Here's How
- Jan -14 - 3 Stocks to Watch From the Transport Equipment & Leasing Industry
- Jan -14 - Wabtec to Acquire Evident's Inspection Technologies Division
- Jan -13 - Here's Why You Should Retain Wabtec Stock in Your Portfolio
- Dec -30 - Wabtec to Benefit From Bloom Engineering Buyout: Here's How
- Dec -30 - Wabtec Acquires Bloom Engineering to Strengthen its Heat Transfer and Energy Solution Portfolio
- Dec -23 - 4 Must-Own Transportation Growth Stocks for 2025 to Buy Now
- Dec -17 - Final Trades: Baker Hughes, Raymond James, Wabtec and Boeing
- Dec -13 - The Zacks Analyst Blog Wabtec, United Airlines Holdings, Southwest Airlines, SkyWest and ZIM Integrated Shipping Services
- Dec -12 - 5 Transportation Stocks Ready to Accelerate Into 2025
- Dec -11 - The Zacks Analyst Blog Vistra, Sprouts Farmers Market, MasTec, Comfort Systems USA and Westinghouse Air Brake Technologies
- Dec -10 - Buy 5 Flourishing Old Economy Stocks of 2024 With More Upside in 2025
- Dec -02 - Trade Tracker: Jim Lebenthal buys more IJR, Adobe and Wabtec
- Nov -28 - United Airlines Stock Surges 133% Year to Date: More Upside Ahead?
- Nov -21 - New Strong Buy Stocks for November 21st
- Nov -14 - Wabtec (WAB) Upgraded to Strong Buy: What Does It Mean for the Stock?
- Nov -13 - Wabtec to Benefit From Fanox & Kompozitum Buyout: Here's How
- Nov -13 - Condor Announces 2024 Third Quarter Results
- Nov -12 - Wabtec Acquisitions Expand Capabilities of its Transit Business
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Freight
Expected Growth : 3.5 %
What the company do ?
Freight from Westinghouse Air Brake Technologies Corporation refers to rail freight car equipment and services provided by the company, a leading manufacturer of rail and transit products.
Why we expect these perspectives ?
Westinghouse Air Brake Technologies Corporation's 3.5% freight growth is driven by increasing demand for rail transportation, rising global trade, and growing need for efficient logistics. Additionally, investments in digitalization and automation, as well as expansion into emerging markets, contribute to the company's growth momentum.
Segment nΒ°2 -> Transit
Expected Growth : 4.5 %
What the company do ?
Transit from Westinghouse Air Brake Technologies Corporation refers to the rail industry's leading provider of rail control and information systems, enhancing safety and efficiency.
Why we expect these perspectives ?
Westinghouse Air Brake Technologies Corporation's 4.5% growth is driven by increasing demand for freight railcars, growth in passenger transit, and expansion in emerging markets. Additionally, investments in digitalization and automation, as well as a strong backlog of orders, contribute to the company's growth momentum.
Westinghouse Air Brake Technologies Corporation Products
Product Range | What is it ? |
---|---|
Freight Railcars | Designs, manufactures, and services freight railcars for the transportation of goods |
Locomotives | Manufactures and services diesel-electric locomotives for freight and passenger rail transportation |
Propulsion and Controls | Designs and manufactures propulsion and control systems for rail and industrial applications |
Braking Systems | Designs and manufactures braking systems for rail and industrial applications |
Signal and Communication Systems | Designs and manufactures signal and communication systems for rail and industrial applications |
Rail Services | Provides maintenance, repair, and overhaul services for railcars and locomotives |
Digital Solutions | Provides digital solutions for rail and industrial applications, including data analytics and IoT |
Westinghouse Air Brake Technologies Corporation's Porter Forces
Threat Of Substitutes
Westinghouse Air Brake Technologies Corporation operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the increasing competition from other rail industry players.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of Westinghouse Air Brake Technologies Corporation's products and services, which limits the ability of customers to negotiate prices.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers in the market, but Westinghouse Air Brake Technologies Corporation's large scale of operations gives it some negotiating power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the rail industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the rail industry, leading to intense competition for market share and pricing pressure.
Capital Structure
Value | |
---|---|
Debt Weight | 28.25% |
Debt Cost | 6.58% |
Equity Weight | 71.75% |
Equity Cost | 10.72% |
WACC | 9.55% |
Leverage | 39.38% |
Westinghouse Air Brake Technologies Corporation : Quality Control
Westinghouse Air Brake Technologies Corporation passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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PCAR | PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, β¦ |
PAYX | Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It β¦ |
NSC | Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and β¦ |
UNP | Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, β¦ |
TDG | TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, β¦ |