Option chain shows key data for West Japan Railway's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for West Japan Railway.

West Japan Railway (OTC:WJRYY) Stock, Option Chain

West Japan Railway

West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.

News

Intraday Update

Markets

Movers

Trading Ideas

AAEEF

AAVMY

ABEV

ABGSF

ABMD

ABTX

ACCFF

ACCYY

ACHV

ACNB

ACRFF

ACRGF

ACSAY

ACST

ACTG

ADMA

ADTN

ADVZF

AERI

AFLYY

AGCO

AGEEF

AGESY

AGLXY

AHFD

AHKSY

AHOTF

AICAF

AINV

AIPUY

AIRG

AIRYY

AISSF

AKO-A

AKZOY

ALDX

ALEAFIA HEALTH INC ORD by Aleafia Health Inc.

ALEAF

ALEX

Allianz Ag Muenchen Namen-Akt Vinkuliert Shares

ALIZF

ALLY

ALOT

ALSN

ALTM

ALXEF

ALXN

AMCR

AMHPF

AMKBF

AMKBY

AMNB

AMPH

AMRN

AMSLF

ANAT

ANGO

ANIP

Australia and New Zealand Banking Group Limited

ANZBY

ANZFF

APELY

APEX

APHA

APTS

ARCB

ARCC

ARGGY

ARGO

ARLP

ARNA

ARNGF

AROC

ARREF

ARRRF

Stocks That Hit 52-Week Lows On Friday

ABIO

ABVC

ACIW

ACOR

ACRX

ADHC

ADMP

AEGOF

AFRAF

AIBGY

AKRX

ALMFF

AMADY

AMCX

AMNP

AMRH

AMRQQ

AMTX

ANCN

ANZLY

APLE

AQARF

ARCH

ARTL

ASNA

ASTVF

ATRA

ATRI

ATROB

ATSG

ATUSF

AUTL

Stocks That Hit 52-Week Lows On Thursday

ACDSF

ACGLP

ACLLF

AFTPF

ANLKY

APLS

ASML

ASMLF

AUTLF

BASI

BF-A

BF-B

BLDP

CASH

CCMP

CCOEF

CCRN

CDLX

CGXEF

CLHRF

CLKTF

CMXC

CNWHF

COST

CPRT

CPRX

CVNA

DBOEF

DRRX

ENBFF

EXSFF

FRHC

FUNC

GATGF

GCEI

GLVMF

HALL

HEBT

HUMT

IMCI

IMKTA

INFO

IPPLF

IRET

ITRI

IVRO

JVCZY

KNMCY

LNSTY

LOGG

LPCN

LSCC

MRRTY

NCTKF

NIHK

NTDOY

NYMTP

PFSI

PGSY

PRFMF

PRFT

PSXP

QRMLF

RADA

RENU

RILY

RTBRF

SCPH

SEAC

SKHSY

SMDZF

SMPL

SPXC

SPXCF

SSREF

SSREY

STNG

Stocks That Hit 52-Week Highs On Monday

WEST JAPAN RWY UNSP/ADR by West Japan Railway Co.

West Japan Railway Co

The railroad industry is poised to thrive as a result of technological advancements and rising demand for sustainable transportation solutions. Therefore, fundamentally strong railroad stocks West Japan Railway (WJRYY), Westinghouse Air Brake Technologies (WAB) and L.B. Foster (FSTR) might be solid buys now. Read on... The railroad industry is expected to grow significantly as a result of global demand for efficient transportation, technological advancements, and sustainable modes of transportation, owing to its cost-effective and environmentally friendly capabilities.
Given the industry's growth prospects, investors could consider buying fundamentally sound railroad stocks, West Japan Railway Company (<a href="https://stocknews.com/stock/WJRYY/">WJRYY</a>), Westinghouse Air Brake Technologies Corporation (<a href="https://stocknews.com/stock/WAB/">WAB</a>) and L.B. Foster Company (<a href="https://stocknews.com/stock/FSTR/">FSTR</a>) for solid returns.
Before delving deeper into their fundamentals, let's discuss what's happening in the railroad industry.
In 2022, freight rail provided more than <a href="https://camoinassociates.com/resources/rail-poised-to-become-the-heart-of-americas-industrial-resurgence/">95% of overall rail transportation revenues of $113 billion</a>. Rail transportation, which is both reliable and cost-effective, leads to greater productivity, competitiveness, and growth for businesses that rely on it.
The growing demand for rail freight transport, which has a lower carbon footprint, cost-effective solutions for heavy goods, and the ability to reach remote areas, is likely driving the industry's growth.
The global railroads market is supported by the growth of the global rail transport market, which is expected to grow at a <a href="https://www.futuremarketinsights.com/reports/railroad-market#:~:text=During%20the%20subsequent%20five%20years,revenue%20of%20US%24%20294%2C267.1%20million.">CAGR of 5%</a> and reach $507.61 billion by 2034.
Furthermore, the global smart railroads market is expected to reach $805.34 billion by 2033, with a steady <a href="https://www.futuremarketinsights.com/reports/smart-railways-market">22.4% CAGR</a>.
In light of these encouraging trends, let us dive into the fundamentals of these three best <a href="https://stocknews.com/category/railroads/">Railroads</a> stocks, starting with the third choice.
Stock #3: West Japan Railway Company (<a href="https://stocknews.com/stock/WJRYY/">WJRYY</a>)
Based in Osaka, Japan, WJRYY provides railway transport services in Japan. The company operates through Mobility, Retail, Real Estate, Travel and Regional Solutions, and other segments.
WJRYY's forward EV/EBITDA of 9.43x is 19.5% lower than the industry average of 11.72x.
WJRYY's trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp#:~:text=The%20Bottom%20Line-,EBITDA%20stands%20for%20earnings%20before%20interest%2C%20taxes%2C%20depreciation%2C%20and,dividing%20EBITDA%20by%20total%20revenue.">EBITDA margin</a> of 20.64% is 50.4% higher than the industry average of 13.73%. Its trailing-12-month CAPEX / Sales of 16.98% is 469.6% higher than the industry average of 2.98%.
WJRYY's operating revenues for the six-month ended September 30, 2023, increased 24.8% year-over-year to ¥769.90 billion ($5.43 billion). The company's profit came in at ¥67.14 billion ($473.37 million), up 4.1% year-over-year. Its operating income increased 167.3% year-over-year to ¥106.29 billion ($749.38 million), up 214% year-over-year. Also, its profit per share came in at ¥275.52, increased 4.1% from year ago period.
Analysts expect WJRYY's revenue to increase 5.8% year-over-year to $6.14 billion for the year ending March 2024. Shares of WJRYY has gained 3.7% over the past month to close the last trading session at $41.03.
WJRYY's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Growth and a B for Stability. Within the B-rated <a href="https://stocknews.com/category/railroads/">Railroads</a> industry, it is ranked #4 out of 15 stocks. To see WJRYY's ratings for Value, Momentum, Sentiment and Quality, <a href="https://stocknews.com/stock/WJRYY/">click here</a>.
Stock #2: Westinghouse Air Brake Technologies Corporation (<a href="https://stocknews.com/stock/WAB/">WAB</a>)
WAB delivers technology-based locomotives, equipment, systems, and services to the freight rail and passenger transit industries. The company operates in two segments: Freight and Transit. Additionally, it provides services such as overhauling, modernizing, and refurbishing freight locomotives.
WAB's forward non-GAAP PEG of 1.61x is 9.9% lower than the industry average of 1.79x. Its forward EV/EBIT of 16.33x is 1.6% lower than the industry average of 16.60x.
WAB's trailing-12-month EBIT margin of 13.49% is 38.7% higher than the industry average of 9.73%. Its trailing-12-month net income margin of 8.02% is 31.7% higher than the industry average of 6.09%.
For the fiscal third quarter that ended September 30, 2023, WAB's net sales increased 22.5% year-over-year to $2.55 billion. Its adjusted gross profit grew 23.3% from the year-ago value to $805 million. Also, the company's adjusted net income and EPS rose 36.4% and 39.3% from the prior year's period to $307 million and $1.70, respectively.
The consensus revenue came in at $9.59 billion for the fiscal year ending December 2023 represents a 14.7% increase year-over-year. Its EPS is expected to grow 22.8% year-over-year to $5.97 for the same year. It surpassed EPS estimates in all four trailing quarters. Shares of WAB has gained 29.1% over the past nine months to close the last trading session at $126.96.
WAB's positive outlook is reflected in its POWR Ratings. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
WAB has a B grade for Growth, Sentiment and Quality. It ranks #2 in the same industry. <a href="https://stocknews.com/stock/WAB/">Click here</a> to access additional WAB ratings (Stability, Value and Momentum).
Stock #1: L.B. Foster Company (<a href="https://stocknews.com/stock/FSTR/">FSTR</a>)
FSTR provides technologically advanced solutions, encompassing the engineering and manufacture of products and services vital for infrastructure development. The company operates through three segments: Rail, Technologies, and Services (Rail); Precast Concrete Products (Precast); and Steel Products and Measurement.
FSTR's trailing-12-month EV/Sales of 0.61x is 66.8% lower than the industry average of 1.84x. Its trailing-12-month Price/Sales of 0.46x is 68.2% lower than the industry average of 1.45x.
FSTR's trailing-12-month asset turnover ratio of 1.46x is 82.5% higher than the industry average of 0.80x. Its trailing-12-month levered FCF margin of 6.77% is 13.8% higher than the industry average of 5.95%.
FSTR's total net sales rose 11.8% year-over-year to $145.35 million for the fiscal third quarter that ended September 30, 2023. Its adjusted EBITDA grew 14.2% from the year-ago value to $10.59 million.
Furthermore, the company's net income and earnings per common share came in at $447 thousand and $0.05, compared to a net loss and loss per share of $2.11 million and $0.20, respectively.
Street expects FSTR's revenue to increase 7.8% year-over-year to $536.52 million for the fiscal year ending December 2023. Shares of FSTR have gained 138.3% over the past year to close the last trading session at $21.80.
FSTR has an overall B rating, equating to a Buy in our POWR Ratings system. It has a B grade for Growth, Value and Quality. It is ranked first in the same industry.
Beyond what is stated above, we've also rated FSTR for Stability, Sentiment and Momentum. Get all FSTR ratings <a href="https://stocknews.com/stock/FSTR/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
WAB shares were trading at $126.98 per share on Friday morning, up $0.02 (+0.02%). Year-to-date, WAB has gained 28.04%, versus a 26.25% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/wab-wjryy-fstr-3-railroad-stocks-targeting-year-end-gains-and-beyond/>3 Railroad Stocks Targeting Year-End Gains and Beyond</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Railroad Stocks Targeting Year-End Gains and Beyond

The railroad sector is well-positioned for robust growth, thanks to growing demand for cost-effective and economical transportation and several technological innovations. Thus, it could be wise to invest in quality railroad stocks West Japan Railway (WJRYY), Westinghouse (WAB), and L.B. Foster (FSTR) for substantial returns in 2024. Continue reading… With rising demand for sustainable and cost-effective transportation, a surge in cross-border trades, and numerous technological advancements, the railroad industry is well-poised to experience significant profitability and expansion in the long run.
Hence, investing in fundamentally sound railroad stocks West Japan Railway Company (<a href="https://stocknews.com/stock/WJRYY/">WJRYY</a>), Westinghouse Air Brake Technologies Corporation (<a href="https://stocknews.com/stock/WAB/">WAB</a>), and L.B. Foster Company (<a href="https://stocknews.com/stock/FSTR/">FSTR</a>) could be wise for potential gains this year.
Rail transit is preferred compared to other modes of transportation as it is an ecological and energy-efficient logistics solution. Other factors that play a vital role in the railroad sector's growth are low transportation cost of freight, rise in cross-border trades, and growing demand for freight rail networks.
The North America rail freight transportation market is expected to grow at a <a href="https://www.technavio.com/report/north-america-rail-freight-transportation-market-analysis#:~:text=The%20North%20America%20%2D%20Rail%20Freight,increase%20by%20USD%2035.83%20billion.">CAGR of 7.5%</a> during the forecast period (2023-2028). The market size is projected to increase by $35.83 billion.
Meanwhile, in 2024, the gross revenue of the global railroad market is anticipated to be valued at $311.63 billion. In addition, the railroad investment might grow at a <a href="https://www.futuremarketinsights.com/reports/railroad-market">CAGR of 5%</a> from 2024 to 2034, reaching $507.61 billion by 2034.
Digital technology has further upgraded the railroad sector by making reservation processes easier and enhancing the passenger' experience. Industry players are increasingly adopting advanced technologies, including <a href="https://www.intelligenttransport.com/transport-articles/147411/high-speed-rail-optical-network-technology/">Artificial Intelligence (AI), the Internet of Things (IoT), big data</a>, automation, machine learning, and blockchain.
Recent technological advancements include automatic train control systems to reduce technical errors and enhance traffic flows, IoT to enable condition-based monitoring, and AI to improve traffic planning, control, and optimization of railroad operations. In addition, 5G technology will be a crucial catalyst for the industry's transformation.
The global smart railways market is projected to reach <a href="https://www.expertmarketresearch.com/reports/smart-railways-market">a value of $75.75 billion by 2032</a>, growing at a CAGR of 11.2% between 2024 and 2032.
In light of these encouraging trends, let's look at the fundamentals of the three best <a href="https://stocknews.com/category/railroads/">Railroads</a> stocks, beginning with number 3.
Stock #3: West Japan Railway Company (<a href="https://stocknews.com/stock/WJRYY/">WJRYY</a>)
Headquartered in Osaka, Japan, WJRYY offers railway transport services. It operates through Mobility; Retail; Real Estate; Travel and Regional Solutions; and Other segments. It provides passenger transportation, station operation and management, equipment installation, food and other wholesale operation services, and sells and leases real estate properties.
WJRYY's trailing-12-month EBIT margin and EBITDA margin of 10.21% and 20.64% are 4.1% and 50.5% higher than the respective industry averages of 9.81% and 13.72%. Likewise, the stock's trailing-12-month CAPEX/Sales of 0.42x is significantly higher than the industry average of 2.97%.
For the first half of fiscal 2024 ended September 30, 2023, WJRYY's operating revenue increased 24.8% year-over-year to ¥769.90 billion ($5.43 billion). Its <a href="https://www.investopedia.com/terms/o/operatingincome.asp#:~:text=Operating%20income%20is%20an%20accounting,of%20goods%20sold%20(COGS).">operating income</a> grew 214% year-over-year to ¥106.29 billion ($749.99 million). The company's recurring profit came in at ¥98.46 billion ($694.72 million), up 255.4% from the prior year's period.
In addition, profit attributable to owners of parents increased 4.1% from the year-ago value to ¥64.52 billion ($455.25 million).
Analysts expect WJRYY's revenue for the fiscal year (ending March 2024) to increase 5.8% year-over-year to $6.14 billion. Similarly, the company's revenue for the fiscal year 2025 is expected to grow 5.1% year-over-year to $6.45 billion. Moreover, WJRYY surpassed the consensus revenue estimates in three of the trailing four quarters.
WJRYY's stock gained 3.4% over the past month to close the last trading session at $41.28.
WJRYY's robust outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Growth and a B for Stability. WJRYY is ranked #4 of 15 stocks within the B-rated <a href="https://stocknews.com/category/railroads/">Railroads</a> industry.
To see additional POWR Ratings of WJRYY for Value, Sentiment, Quality, and Momentum, <a href="https://stocknews.com/stock/WJRYY/">click here</a>.
Stock #2: Westinghouse Air Brake Technologies Corporation (<a href="https://stocknews.com/stock/WAB/">WAB</a>)
WAB provides tech-based locomotives, equipment, systems, and services for freight rail and passenger transit industries. It operates in two segments: Freight and Transit. The Freight segment manufactures and services components for freight cars and locomotives. The Transit segment offers components for new and existing passenger transit vehicles.
On December 14, 2023, WAB announced its entrance into the railcar telematics market with a new railcar telematics platform. The company had entered into an agreement with Intermodal Telematics B.V., a Dutch company, under which Wabtec will create a railcar telematics platform using IMT technology.
Wabtec's new railcar telematics platform will deliver real-time information to railcar and tank container owners and operators, enabling them to turn rail cargo into smart, connected assets.
On November 28, WAB and Marinsa International, its Latin American Channel partner, signed a contract to supply the primary power for ten new hybrid tractor tugboats with Panama Canal Authority (ACP). As per the contract, Wabtec will deliver two 8L250MDA marine engines for each tugboat.
"Wabtec is delighted to power the new hybrid Panama Canal tugs with the 8L250MDA marine engines. We are honored, through our partnership with Marinsa, to continue serving this important customer and the critical role they provide in facilitating world trade," said Tammy Gromacki, Wabtec's Vice President of Marine, Stationary and Drill.
WAB's trailing-12-month EBIT margin of 13.49% is 37.5% higher than the industry average of 9.81%. Likewise, the stock's trailing-12-month net income margin of 8.02% is 31.1% higher than the industry average of 6.12%.
For the third quarter that ended September 30, WAB's net sales increased 22.5% year-over-year to $2.55 billion. The company's gross profit and income from operations came in at $792 million and $370 million, up 22.2% and 41.7% from the prior year's quarter, respectively.
In addition, the company's net income grew 48.5% year-over-year to $242 million. Its adjusted EPS increased 39.3% from the year-ago value to $1.70.
As per the updated financial guidance for the fiscal year 2023, WAB expects its sales to be in a range of $9.50 billion to $9.70 billion and its adjusted earnings per share to be between $5.80 - $6.00.
Street expects WAB's revenue for the fourth quarter (ended December 2023) to increase 7.6% year-over-year to $2.48 billion. The company's EPS for the same period is expected to grow 21.3% year-over-year to $1.58. Also, it has surpassed consensus revenue estimates and EPS estimates in each of the trailing four quarters.
Over the past six months, WAB's stock has gained 15.1% and 26.2% over the past year to close the last trading session at $125.89.
WAB's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Growth, Sentiment, and Quality. Within the B-rated Railroads industry, WAB is ranked #2 of 15 stocks.
<a href="https://stocknews.com/stock/WAB/">Click here</a> to access additional ratings of WAB for Stability, Value, and Momentum.
Stock #1: L.B. Foster Company (<a href="https://stocknews.com/stock/FSTR/">FSTR</a>)
FSTR offers engineered and manufactured products and services for building and infrastructure projects globally. It operates through three segments: Rail; Technologies; and Services. It provides new rails to passenger and short-line freight railroads, industrial companies, and rail contractors; used rails; and rail accessories, like track spikes and anchors.
On September 26, 2023, FSTR announced the expansion of its strategic partnership with FUCHS Lubricants Co., the world's largest independent lubricant manufacturer, to encircle additional rail markets in South America, Australia, and China.
This collaboration brings together the strengths of L.B. Foster's expertise in wheel/rail engineering and FUCHS's process in lubricant manufacturing, delivering industry-leading solutions to enhance the global rail sector.
FSTR's trailing-12-month levered FCF margin of 6.77% is 13.2% higher than theindustry average of 5.98%. Also, the stock's trailing-12-month asset turnover ratio of 1.46x is 82.5% higher than the industry average of 0.80x.
In the third quarter that ended September 30, 2023, FSTR's net sales grew 11.8% year-over-year to $145.34 million. Its gross profit rose 22.2% from the year-ago value to $28.22 million. The company's adjusted EBITDA increased 14.2% from the prior year's quarter to $10.59 million.
Furthermore, the company's net income and earnings per common share came in at $447 thousand and $0.05, against a net loss and loss per share of $2.11 million and $0.20 in the prior year's period, respectively.
Street expects FSTR's revenue for the fiscal year (ended December 2023) to increase 7.8% year-over-year to $536.52 million. Likewise, for the fiscal year 2024, its revenue is expected to grow 6.9% year-over-year to $573.34 million. Further, the company has surpassed the consensus revenue estimates in each of the trailing four quarters.
Shares of FSTR have gained 56.6% over the past six months and 127.7% over the past year to close the last trading session at $22.29.
FSTR's POWR Ratings reflect its bright prospects. The stock has an overall rating of B, which translates to Buy in our proprietary rating system.
FSTR has a B grade for Growth and Quality. It is ranked first among 15 stocks in the B-rated Railroads industry.
<a href="https://stocknews.com/stock/FSTR/">Click here</a> to access additional FSTR ratings for Value, Stability, Sentiment, and Momentum.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
WAB shares were unchanged in premarket trading Wednesday. Year-to-date, WAB has declined -0.80%, versus a -0.56% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Mangeet Kaur Bouns</h2> <img src='https:/wp-content/uploads/2022/01/Mangeet-Kaur-Bouns_Image-4.jpg' style="float:left; padding:5px;width:125px;">Mangeet's keen interest in the stock market led her to become an investment researcher and financial journalist. Using her fundamental approach to analyzing stocks, Mangeet's looks to help retail investors understand the underlying factors before making investment decisions.<a href="https://stocknews.com/authors/?author=mangeet-kaurbouns">More...</a>The post <a href=https://stocknews.com/news/wab-wjryy-fstr-3-railroad-stocks-with-2024-gain-potential/>3 Railroad Stocks With 2024 Gain Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Railroad Stocks With 2024 Gain Potential

Comments

West Japan Railway

West Japan Railway (WJRYY) Options

No option chain data available. Please try again later

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga