Westinghouse Air Brake Technologies Corporation (WAB) Earning Favorable Press Coverage, Analysis Finds


For the next year, analysts anticipate that the firm will report sales of $4.27 billion per share, with estimates ranging from $4.16 billion to $4.35 billion. The institutional investor held 799,540 shares of the railroads company at the end of 2016Q4, valued at $66.38M, up from 674,739 at the end of the previous reported quarter.

The stock being overvalued and undervalued sometimes depends upon the market situation as well.

Tightening the gaze, stock performance for the last 5 trading days is -2.59%. It has underperformed by 9.31% the S&P500.

New York State Teachers Retirement System increased its stake in Ak Steel Holding Corp (AKS) by 17.09% based on its latest 2016Q4 regulatory filing with the SEC. On Friday, September 30 the stock rating was initiated by CLSA with "Buy". Finally, Zacks Investment Research lowered shares of Westinghouse Air Brake Technologies Corporation from a "hold" rating to a "sell" rating in a research report on Wednesday, April 26th. The current consensus recommendation provided by covering analysts is 2.30. The stock sank -11.34% last month and is down -5.47 this year. About 106,608 shares traded.

On 07/25/2017 close, Kimco Realty Corporation (NYSE:KIM) rose 3.96% to $19.67. It has outperformed by 41.42% the S&P500.

Since February 27, 2017, it had 0 insider buys, and 6 insider sales for $3.39 million activity.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB)'s market cap, the total dollar value of all of their outstanding shares, is 7598.43m.

However it has a net margin of -12.70%.

06/21/2017 - Buckingham Research began new coverage on Westinghouse Air Brake Technologies Corporation giving the company a "buy" rating. Westinghouse Air Brake Technologies Corp (NYSE:WAB) has risen 7.39% since July 26, 2016 and is uptrending.

Among 9 analysts covering Versartis Inc (NASDAQ:VSAR), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. On Tuesday, February 28 WAHLSTROM SCOTT sold $1.45M worth of Westinghouse Air Brake Technologies Corp (NYSE:WAB) or 18,000 shares. The rating was upgraded by Stifel Nicolaus to "Buy" on Monday, December 21. The company was upgraded on Wednesday, December 21 by William Blair. The company maintains price to book ratio of 3.52. Sumitomo Mitsui Asset Mngmt holds 6,675 shares. Trillium Asset Mgmt Limited Liability stated it has 1.25% of its portfolio in Westinghouse Air Brake Technologies Corp (NYSE:WAB). KeyCorp upgraded it to "Overweight" rating and $100 target in Wednesday, April 26 report. Hehir Brian also sold $121,097 worth of Westinghouse Air Brake Technologies Corp (NYSE:WAB) shares.

4/26/2017-Wolfe Research was Downgraded by analysts at Wolfe Research from a "Outperform " rating to a " Market Perform" rating.

Investors sentiment increased to 0.96 in Q4 2016. Its up 0.13, from 0.83 in 2016Q3. Finally, Dimensional Fund Advisors LP boosted its stake in Time by 14.7% in the first quarter. Westinghouse Air Brake Technologies Corporation shares last traded at $76.09, with a volume of 1,885,727 shares traded. Rocky Mountain Advisers Limited Co owns 18 shares. Southeast Asset Advisors, a Georgia-based fund reported 11,566 shares. The VC1 of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is 56. Agf Investments owns 7,714 shares. Daiwa Secs Grp Incorporated has invested 0% of its portfolio in Westinghouse Air Brake Technologies Corp (NYSE:WAB). Alliancebernstein Lp holds 0% in Westinghouse Air Brake Technologies Corp (NYSE:WAB) or 61,774 shares. The legal version of this article can be read at https://www.com-unik.info/2017/07/26/brokerages-expect-westinghouse-air-brake-technologies-corporation-nysewab-will-post-quarterly-sales-of-1-00-billion-updated.html. Kanaly Trust Co owns 510 shares. However, the company only made $0.75 per share, which includes a $0.05-per-share impact from the additional costs related to the Faiveley deal.

Shares of Advanced Micro Devices, Inc. Buffington Mohr McNeal raised its position in shares of Westinghouse Air Brake Technologies Corporation by 34.3% in the first quarter. Following the completion of the transaction, the director now owns 24,905 shares of the company's stock, valued at $1,995,139.55. Blackrock Advsr Ltd Liability reported 15,820 shares stake. The insider Cox R Mark sold 10,000 shares worth $802,847. 65 funds opened positions while 91 raised stakes. Sphera Funds accumulated 250,000 shares. Also, Director Dennis J. Fitzsimons acquired 3,000 shares of Time stock in a transaction that occurred on Thursday, May 18th. Venor Capital Mgmt Limited Partnership holds 1.14% or 165,408 shares in its portfolio. Sanctuary Wealth Ltd Llc holds 2.89% of its portfolio in AK Steel Holding Corporation (NYSE:AKS) for 318,892 shares.

About 2.86 million shares traded or 219.38% up from the average. Point72 Asset Management L P owns 79,900 shares or 0.05% of their USA portfolio.



Related Posts

Celgene to Pay $280 Million to Settle False Claims Act Case
A judge threw out the kickbacks allegation previous year , but allowed the lawsuit to proceed. Both drugs are now approved for use in some cancer patients.

From Catwalk To Cara: Inside Her Valerian Wardrobe
Rihanna goes braless and flashes her bum in sexy thong under sheer robe on the set of her new music video. She wore a pink Giambattista Valli dress with pink Manolo Blahnik sandals at the L.A. premiere.

Constitution Amendment: Senate rejects devolution of power
The Senate also approved the change of name of the Nigerian Police Force to the Nigeria Police to reflect their core mandate. They are also to enjoy a right to funding from the Consolidated Revenue Fund of the states.

Anthony Joshua/Vladimir Klitschko rematch to be fought in Las Vegas
The two arenas competing for the event are the 16,800 capacity MGM Grand Garden Arena and the 20,000 capacity T-Mobile Arena. NAIJ.com reported that Joshua defeated Klitschko in April, 2017 at Wembley to win the IBF and WBA world heavyweight titles.

Venezuela: La policía política arrestó a otros dos jueces
Aseguró en una conferencia de prensa lo mismo, es decir, que Zerpa fue secuestrado bajo órdenes del Gobierno. Su detención fue denunciada el sábado por el presidente de la Asamblea Nacional, Julio Borges.

Mike Glennon 'mentally ready' for daily comparisons to Mitch Trubisky
A healthy Mark Sanchez will be the backup , meaning rookie Mitchell Trubisky will wait in the wings behind the pair of quarterbacks. "There's pressure on all of us", says Pace. "I think the focus now is just winning games".

Home sales improved modestly in June
The Commerce Department says new-home sales edged up 0.8 percent in June to a seasonally adjusted annual rate of 610,000. The stock of homes for sale rose to its highest level in eight years at an estimated 272,000, the report said.

Netanyahu vows to 'remove Al Jazeera from Israel'
Al Jazeera was not immediately available for comment on Netanyahu's accusation, but the channel usually denies such an accusation. Last week they published a video depicting an Israeli police officer kicking a Palestinian kneeling on a prayer mat.

From Spain: Newcastle United transfer wrapped up, coach knows player's father
His dribbling is strong and he can comfortably bring the ball forward from a defensive position, something Rafa puts value in. Merino will provide a young, talented, versatile player ready to prove himself at the top level.

USA physician denies financial incentive to treat 11-month-old Charlie Gard
Charlie's parents subsequently failed to overturn his ruling in the High Court, Court of Appeal and Supreme Court in London . Charlie's parents brought Terri Schiavo's brother Bobby Schindler to London to help them fight for care for their son.

© 2015 ExpressNewsline. All Rights reserved.