Westinghouse Air Brake Technologies Corporation’s Stock Price Drops to $189.27, Reflecting a Significant 9.06% Decrease

Westinghouse Air Brake Technologies Corporation (WAB)

189.27 USD -18.85 (-9.06%) Volume: 4.11M

Westinghouse Air Brake Technologies Corporation’s stock price stands at 189.27 USD, marking a significant drop of -9.06% in this trading session, with a substantial trading volume of 4.11M. Despite the fluctuation, the stock’s performance remains nearly steady with a minimal percentage change YTD of -0.14%.

Latest developments on Westinghouse Air Brake Technologies Corporation

Wabtec Corp recently reported strong fourth-quarter results for 2024, along with announcing their full-year guidance for 2025. Despite predicting lower profits for 2025 due to a freight slowdown, the company supercharged shareholder returns with a 25% dividend hike powered by record cash flow. However, Wabtec shares took a hit, tumbling nearly 8% on an earnings miss and weak guidance. In other news, the company appointed Juan Perez, a tech executive, to their board of directors to drive the digital revolution. With sales below analyst estimates in Q4 earnings, Wabtec’s stock experienced a drop in value.

A look at Westinghouse Air Brake Technologies Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Wabtec Corp, also known as Westinghouse Air Brake Technologies Corporation, is a global company that offers technology products and services for the rail industry. With a strong focus on growth and momentum, the company is positioned well for the future. Its Smart Scores indicate a positive outlook for growth and momentum, which bodes well for its long-term prospects in the industry.

While Wabtec Corp scores moderately in terms of value and resilience, its high scores in growth and momentum suggest a promising future ahead. As a provider of products for locomotives, freight cars, and passenger transit vehicles, the company is well-positioned to capitalize on opportunities in the rail industry. Additionally, its focus on innovation and aftermarket services further solidifies its position for long-term success.

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