Wabtec (NYSE:WAB) Releases FY 2026 Earnings Guidance

Wabtec (NYSE:WABGet Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 10.600-10.900 for the period, compared to the consensus estimate of 10.620. The company issued revenue guidance of $12.3 billion-$12.6 billion, compared to the consensus revenue estimate of $12.4 billion.

Wall Street Analyst Weigh In

WAB has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wabtec in a research report on Friday, July 17th. JPMorgan Chase & Co. lifted their price target on shares of Wabtec from $290.00 to $300.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Morgan Stanley reaffirmed an “overweight” rating on shares of Wabtec in a research report on Thursday. Citigroup cut their price target on Wabtec from $313.00 to $311.00 and set a “buy” rating for the company in a research note on Monday, July 13th. Finally, Rothschild & Co Redburn raised shares of Wabtec from a “neutral” rating to a “buy” rating and upped their price objective for the company from $262.00 to $285.00 in a report on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $296.27.

Get Our Latest Analysis on Wabtec

Wabtec Stock Up 10.1%

Shares of NYSE WAB opened at $290.15 on Thursday. Wabtec has a 52 week low of $184.26 and a 52 week high of $295.41. The business has a 50-day simple moving average of $264.47 and a two-hundred day simple moving average of $254.26. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 0.42. The company has a market cap of $49.23 billion, a P/E ratio of 41.04, a P/E/G ratio of 1.88 and a beta of 0.94.

Wabtec (NYSE:WABGet Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.60 by $0.16. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same period in the prior year, the business posted $2.27 earnings per share. The company’s revenue was up 17.5% on a year-over-year basis. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. Research analysts anticipate that Wabtec will post 10.64 earnings per share for the current fiscal year.

Wabtec Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, August 18th. Wabtec’s dividend payout ratio is 17.54%.

Insider Buying and Selling

In other Wabtec news, insider Sameer Gaur sold 1,082 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $263.50, for a total value of $285,107.00. Following the sale, the insider directly owned 11,985 shares in the company, valued at $3,158,047.50. This represents a 8.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Rafael Santana sold 1,163 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $262.07, for a total transaction of $304,787.41. Following the completion of the transaction, the chief executive officer directly owned 122,914 shares of the company’s stock, valued at approximately $32,212,071.98. The trade was a 0.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,734 shares of company stock worth $1,504,571 in the last ninety days. 0.57% of the stock is currently owned by insiders.

More Wabtec News

Here are the key news stories impacting Wabtec this week:

Hedge Funds Weigh In On Wabtec

A number of institutional investors have recently added to or reduced their stakes in the business. Manchester Capital Management LLC boosted its position in shares of Wabtec by 122.0% during the 4th quarter. Manchester Capital Management LLC now owns 131 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 72 shares during the last quarter. McMillan Office Inc. bought a new position in shares of Wabtec in the fourth quarter worth approximately $31,000. DV Equities LLC bought a new position in shares of Wabtec in the fourth quarter worth approximately $51,000. Johnson Financial Group Inc. purchased a new stake in Wabtec in the third quarter valued at approximately $62,000. Finally, Larson Financial Group LLC raised its stake in Wabtec by 23.6% in the third quarter. Larson Financial Group LLC now owns 377 shares of the transportation company’s stock valued at $76,000 after purchasing an additional 72 shares in the last quarter. 91.69% of the stock is currently owned by institutional investors.

About Wabtec

(Get Free Report)

Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec’s business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.

Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.

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Earnings History and Estimates for Wabtec (NYSE:WAB)

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