$0.98 EPS Expected for Wabtec Corporation (WAB)

Wabtec Corporation (NYSE:WAB) Logo
Investors sentiment increased to 4.39 in 2019 Q1. Its up 3.61, from 0.78 in 2018Q4. It is positive, as 29 investors sold Wabtec Corporation shares while 78 reduced holdings. 287 funds opened positions while 183 raised stakes. 287.29 million shares or 199.78% more from 95.83 million shares in 2018Q4 were reported.
The Washington-based Tradewinds Capital Mgmt Limited Liability has invested 0% in Wabtec Corporation (NYSE:WAB). 1832 Asset Management Ltd Partnership reported 19 shares. Ing Groep Nv holds 5,491 shares. Deutsche Bankshares Ag owns 0.03% invested in Wabtec Corporation (NYSE:WAB) for 605,458 shares. Bluemountain Mngmt Ltd Liability Company accumulated 584 shares. Chevy Chase Holdings Incorporated owns 116,722 shares. Csat Investment Advisory L P has 0.02% invested in Wabtec Corporation (NYSE:WAB) for 440 shares. 4,900 were accumulated by Cna Fincl Corporation. 227 were accumulated by Valley Advisers. Moreover, State Farm Mutual Automobile Insurance Com has 0.02% invested in Wabtec Corporation (NYSE:WAB) for 230,971 shares. Com Natl Bank has invested 0% in Wabtec Corporation (NYSE:WAB). Amg Funds Ltd Llc invested in 0.92% or 12,702 shares. Inr Advisory Services Limited Liability invested in 5 shares. Hoertkorn Richard Charles has invested 0.02% of its portfolio in Wabtec Corporation (NYSE:WAB). Moreover, Twin Tree Mngmt Limited Partnership has 0.01% invested in Wabtec Corporation (NYSE:WAB).

Since May 21, 2019, it had 3 insider purchases, and 0 selling transactions for $1.35 million activity. Another trade for 10,000 shares valued at $652,600 was made by NEUPAVER ALBERT J on Tuesday, May 21. DeNinno David L bought $193,530 worth of stock or 3,000 shares.

Analysts expect Wabtec Corporation (NYSE:WAB) to report $0.98 EPS on July, 23.They anticipate $0.02 EPS change or 2.08 % from last quarter’s $0.96 EPS. WAB’s profit would be $159.56 million giving it 18.38 P/E if the $0.98 EPS is correct. After having $1.06 EPS previously, Wabtec Corporation’s analysts see -7.55 % EPS growth. The stock increased 3.21% or $2.24 during the last trading session, reaching $72.04. About 976,074 shares traded. Wabtec Corporation (NYSE:WAB) has declined 26.60% since July 14, 2018 and is downtrending. It has underperformed by 31.03% the S&P500.

Wabtec Corporation (NYSE:WAB) Ratings Coverage

Among 5 analysts covering Westinghouse Air Brake (NYSE:WAB), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Westinghouse Air Brake had 8 analyst reports since February 22, 2019 according to SRatingsIntel. On Friday, March 22 the stock rating was maintained by Buckingham Research with “Buy”. The firm has “Buy” rating given on Wednesday, February 27 by Cowen & Co. The stock of Wabtec Corporation (NYSE:WAB) earned “Buy” rating by Stephens on Tuesday, February 26. The company was downgraded on Monday, June 24 by Buckingham Research.

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology equipment and services for the freight rail and passenger transit vehicle industries worldwide. The company has market cap of $11.73 billion. It operates in two divisions, Freight and Transit. It has a 36.85 P/E ratio. The Freight segment makes and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; offers signal design and engineering services; manufactures switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets.

More notable recent Wabtec Corporation (NYSE:WAB) news were published by: Globenewswire.com which released: “Wabtec Announces Launch of Public Offering by Selling Stockholder – GlobeNewswire” on April 30, 2019, also Globenewswire.com with their article: “Kristine Kubacki Named Wabtec’s Vice President of Investor Relations – GlobeNewswire” published on April 02, 2019, Finance.Yahoo.com published: “Is Atmos Energy Corporation (ATO) A Good Stock To Buy? – Yahoo Finance” on June 19, 2019. More interesting news about Wabtec Corporation (NYSE:WAB) were released by: Investorplace.com and their article: “3 Reasons GE Stock May Stall Out – Investorplace.com” published on June 20, 2019 as well as Globenewswire.com‘s news article titled: “Wabtec Completes Successful Merger With GE Transportation – GlobeNewswire” with publication date: February 25, 2019.

Wabtec Corporation (NYSE:WAB) Institutional Positions Chart

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