How to Buy Westinghouse Air Brake Technologies Stock
Westinghouse Air Brake Technologies Corp
Westinghouse Air Brake Technologies is a railroad company located in Pennsylvania, United States, which is part of the Industrials sector, and is traded under the ticker WAB on the NYSE exchange.
Westinghouse Air Brake Technologies stock last closed at $163.18, down 0.12% from the previous day, and has increased 61.92% in one year. It has overperformed other stocks in the Railroads industry by 0.38 percentage points. Westinghouse Air Brake Technologies stock is currently +77.58% from its 52-week low of $91.89, and -2.57% from its 52-week high of $167.49.
As of Apr 25, 2024, there are 176.38M WAB shares outstanding. The market cap of WAB is $28.78B. In the last 24 hours, 1.8M WAB shares were traded.
How to Buy Westinghouse Air Brake Technologies Stock
Not sure how to invest in Westinghouse Air Brake Technologies stock? Here's how.
- Decide where to buy Westinghouse Air Brake Technologies stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Westinghouse Air Brake Technologies stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your method of payment and add your information.
- Research Westinghouse Air Brake Technologies stock: The Westinghouse Air Brake Technologies ticker symbol is WAB. Is Westinghouse Air Brake Technologies stock a good investment? Should you buy shares of WAB? How do WAB's underlying business fundamentals look? Do top analysts think Westinghouse Air Brake Technologies is a good buy? Why has WAB's stock price moved recently? (Hint: Our stock research tools can help you evaluate if WAB is a good stock to buy).
- Make your WAB buy order: Decide if you will purchase WAB shares at the current market price or use a limit order to buy WAB stock at a specific price.
- Keep an eye on your WAB position: Create a watchlist to important updates regarding your position in Westinghouse Air Brake Technologies shares.
Step 1: Decide where to buy Westinghouse Air Brake Technologies stock
You need an online brokerage account in order to access the NYSE market and buy WAB shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you can buy WAB stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on one of the best stock market apps, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new investment account.
Step 4: Research Westinghouse Air Brake Technologies stock
After you have figured out the best place to buy Westinghouse Air Brake Technologies stock, it's very important to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
Westinghouse Air Brake Technologies quick stats
Westinghouse Air Brake Technologies Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on WAB's stock page.
Is WAB stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge WAB's true value.
Using relative valuations methods:
- WAB may be overvalued based on its P/E ratio of 31.75x, relative to Railroads industry P/E ratio of 25.12x
- WAB could be undervalued based on its P/B ratio of 2.75x, relative to Railroads industry P/B ratio of 4.63x
- WAB could be overvalued based on its PEG ratio of 3.04x
You can do additional valuation research on WAB's stock here.
Is WAB a healthy company?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the WAB balance sheet.
- WAB's operating cash flow of $1.56B allows it to safely service it's debt of $4.00B.
- WAB earnings of $1.43B is not sufficient to cover its interest payments.
- Total WAB debt is lower than 5 years ago, relative to shareholder equity.
- WAB profit margin has gone up from 7.6% to 9.2% in the past year.
Negative Health Checks:
- WAB has a relatively high debt to equity ratio of 0.79.
- There are more long-term liabilities than short-term assets on the WAB balance sheet.
Is it a good time to buy WAB stock, according to analysts?
Out of 10 sell side analysts who give forecasts on WAB, the consensus analyst rating on WAB is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest WAB Analyst Ratings
Ken Hoexter, a top 12% analyst from Bank of America maintains WAB with a strong buy rating and raises their WAB price target from $156.00 to $162.00, on Apr 15, 2024.
Bank of America's Ken Hoexter raised their price target on Westinghouse Air Brake Technologies (NYSE: WAB) by 3.8% from $156 to $162 on 2024/04/15. The analyst maintained their Strong Buy rating on the stock.
"Continuing low spot rates delayed the pending margin squeeze that will impact Brokers," while the Forwarding and Airfreight groups remain under pressure from soft volumes, the analyst wrote in a Q1 2024 preview note on names in their Airfreight & Surface Transportation and Shipping portfolio.
Allison Poliniak Cusic, a top 5% analyst from Wells Fargo maintains WAB with a strong buy rating and raises their WAB price target from $135.00 to $150.00, on Feb 15, 2024.
Oliver Holmes, a top 41% analyst from Redburn Atlantic downgrades WAB to a hold rating and announces their WAB price target of $135.00, on Feb 15, 2024.
Saree Boroditsky, a top 26% analyst from Jefferies upgrades WAB to a strong buy rating and raises their WAB price target from $115.00 to $150.00, on Jan 11, 2024.
Dillon Cumming, a bottom 7% analyst from Morgan Stanley initiates coverage on WAB with a strong buy rating and announces their WAB price target of $137.00, on Jan 8, 2024.
You can dig deeper into what analysts are projecting on the Westinghouse Air Brake Technologies stock forecast page.
WAB Trading Indicators
How are WAB Revenues/Earnings doing?
Last year, WAB earnings were $918.00M. During the past five year, WAB's earnings have gone up by 19.6% per year. This was faster than the Railroads industry average of 5.01%.
Last year, WAB revenue was $9.98B. During the past five year, WAB's revenue has gone up by 15.28% per year. This was faster than the Railroads industry average of 4.47%.
You can analyze WAB's earnings and revenue performance here.
Latest Insiders Trades at WAB
In the past year, executives and large shareholders at WAB have sold more shares than they have bought.
Nicole B. Theophilus, EVP Chief H.R. Officer of WAB, was the latest WAB insider to sell. They sold $374,747.28 worth of WAB stock on Mar 15, 2024.
Learn more about who owns WAB shares here.
Does WAB stock generate passive income?
Westinghouse Air Brake Technologies pays a dividend of 0.44%, compared to the Railroads industry's average dividend yield of 1.9%. If you owned $1,000 worth of WAB stock, you would have received $4.35 in the past 12 months.
Westinghouse Air Brake Technologies dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Westinghouse Air Brake Technologies dividend yield and history here.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your WAB buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you want additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your WAB position
Now that you own some shares in WAB, you'll want to stay up-to-date on your new investment.
Add WAB to a watchlist to see the latest developments about your WAB stock.
WAB Feed
How to Buy Stock in Westinghouse Air Brake Technologies
To summarize, here are the 6 steps you need to take to buy Westinghouse Air Brake Technologies stock right now:
- Decide where to buy Westinghouse Air Brake Technologies stock
- Create your brokerage account
- Deposit money your investment account
- Research Westinghouse Air Brake Technologies stock
- Make your WAB buy order
- Keep an eye on your WAB position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Westinghouse Air Brake Technologies, click the button below.
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