Analyst Expectations For Westinghouse Air Brake's Future

4 analysts have shared their evaluations of Westinghouse Air Brake WAB during the recent three months, expressing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $143.75, a high estimate of $150.00, and a low estimate of $137.00. This upward trend is evident, with the current average reflecting a 14.09% increase from the previous average price target of $126.00.

Investigating Analyst Ratings: An Elaborate Study

The standing of Westinghouse Air Brake among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Westinghouse Air Brake. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Westinghouse Air Brake compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Westinghouse Air Brake's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Westinghouse Air Brake's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Westinghouse Air Brake analyst ratings.

Delving into Westinghouse Air Brake's Background

Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.

Westinghouse Air Brake: Financial Performance Dissected

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: Westinghouse Air Brake displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 22.54%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.

Net Margin: Westinghouse Air Brake's net margin is impressive, surpassing industry averages. With a net margin of 9.41%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Westinghouse Air Brake's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.34%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.27%, the company showcases effective utilization of assets.

Debt Management: Westinghouse Air Brake's debt-to-equity ratio is below the industry average at 0.39, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.