Wabtec Stock Quote: Company Overview and Financials

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Wabtec is a leading provider of equipment, systems, and services for the global rail industry.

The company's roots date back to 1869, when it was founded as the American Steel and Wire Company.

Wabtec's product portfolio includes locomotives, freight cars, and passenger cars.

The company's financials are publicly traded on the New York Stock Exchange under the ticker symbol WAB.

Recent News and Developments

Wabtec has been making headlines with its recent partnership with a major rail operator to upgrade its fleet with advanced signaling systems. This deal is expected to boost Wabtec's revenue and solidify its position in the rail industry.

The partnership is part of Wabtec's larger strategy to expand its reach and improve its services, which has been a key driver of its stock performance. Wabtec's stock has seen a significant increase in value over the past year, with investors betting on the company's growth prospects.

As a result, Wabtec's stock quote has been trending upwards, with many analysts predicting further gains in the coming months.

Acquires Bloom Engineering

Credit: youtube.com, Bloom Engineering - Regenerative Burner Operation

Wabtec has made a significant move by acquiring Bloom Engineering for $69 million in cash. This acquisition is expected to be immediately accretive to EPS excluding transaction costs.

Bloom Engineering, a leader in industrial heating applications, will join Wabtec's Freight & Industrial Components Group. This brings expertise in burners, combustion systems, and services for industrial heating.

The acquisition is financed through cash on hand and a revolving credit facility. This suggests that Wabtec has a solid financial foundation to support its growth strategies.

The combination of Wabtec and Bloom Engineering aims to accelerate global growth in this profitable segment. It's expected to provide enhanced value to customers through improved efficiency and sustainability solutions.

Wabtec's acquisition of Bloom Engineering is a strategic move to strengthen its heat transfer and energy solutions portfolio. This will likely have a positive impact on the company's overall performance.

Kazakhstan Temir Zholy Finalizes $405-M Deal

Wabtec has secured a $405-million agreement with Kazakhstan Temir Zholy to supply Evolution Series ES44ACi locomotives.

Drone shot of grain silos and railroad in Utica, Minnesota, showcasing agricultural infrastructure.
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The locomotives will be built at Wabtec's Lokomotiv Kurastyru Zauyty plant in Astana, which employs over 700 people.

This deal aims to upgrade KTZ's aging fleet and support growing rail demand in the region.

The ES44ACi locomotives feature a 12-cylinder, 4,500-horsepower engine, designed to operate in Kazakhstan's extreme weather conditions and mountainous terrain.

The locomotives will offer improved efficiency, reliability, and operational savings, with longer periods between maintenance overhauls.

Delivery of the first locomotives is set to begin next year, joining KTZ's existing fleet of approximately 451 Evolution Series freight locomotives.

Financial Information

Wabtec's financial health is impressive, with a cash-to-debt ratio of 0.1, indicating that the company's current assets are barely covering its short-term liabilities. This is a sign that Wabtec may be relying heavily on debt to finance its operations.

Wabtec's equity-to-asset ratio is a more reassuring 0.55, suggesting that the company has a solid foundation of shareholder equity to support its operations. This ratio is also higher than the industry average.

Credit: youtube.com, Final Trades: Baker Hughes, Raymond James, Wabtec and Boeing

One of the most important metrics for investors is the debt-to-EBITDA ratio, which measures a company's ability to pay off its debts with its earnings. Wabtec's debt-to-EBITDA ratio is a relatively high 1.92, indicating that the company may be struggling to cover its debt obligations with its earnings.

Here's a summary of Wabtec's key financial ratios:

Wabtec's Piotroski F-Score is an impressive 8/9, indicating that the company has a strong financial position and is likely to continue to perform well in the future.

Dividend & Buyback

Wabtec has a strong commitment to providing regular returns to its shareholders through dividend payments, as seen in its quarterly dividend declaration. The company has been paying dividends since at least 2009.

The dividend payout ratio is relatively low at 0.11, indicating that the company is not over-extending itself in terms of dividend payments. This is a good sign for investors.

Wabtec's dividend yield is currently at 0.39%, which is lower than its 5-year average share buyback ratio of 2. This means that the company has been buying back shares at a faster rate than it has been paying dividends.

Here's a breakdown of Wabtec's recent dividend payments:

Income Statements (USD)

Credit: youtube.com, FINANCIAL STATEMENTS: all the basics in 8 MINS!

Income Statements (USD) provide a clear picture of a company's financial health. The data shows a steady increase in sales over the years, with a notable jump from 2022 to 2023, reaching 9,677.00 million USD.

The change in sales percentage is also worth noting, with a 15.73% increase in 2023 compared to the previous year. This significant growth suggests a strong market presence and customer demand.

Gross profit on sales has also seen a steady rise, from 2,135.00 million USD in 2021 to 2,663.00 million USD in 2023. This indicates a healthy margin between sales and costs.

Here's a breakdown of the operating income and income before tax:

The operating income has seen a notable increase of 24.55% in 2023 compared to the previous year. This suggests a well-managed business with efficient operations. Income before tax has also shown a significant rise, with a 27.87% increase in 2023.

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Income after tax has also seen a steady increase, from 556.00 million USD in 2021 to 815.00 million USD in 2023. This indicates a profitable business with a strong bottom line. The change in income after tax percentage is also worth noting, with a 28.75% increase in 2023 compared to the previous year.

Estimates in USD

Estimates in USD are a crucial aspect of financial planning. Wabtec's estimates for 2025 and 2026 are quite promising.

Wabtec's revenue estimates for 2025 are $11,027 million. This is a significant increase from previous years. The company's revenue is expected to reach $11,624 million in 2026.

Wabtec's dividend estimates are also noteworthy. The company's dividend is expected to be $0.88 per share in 2025, increasing to $0.97 per share in 2026.

Here's a breakdown of Wabtec's estimates for 2025 and 2026:

Wabtec's earnings per share (EPS) estimates are also impressive, with the company expected to earn $8.63 per share in 2025 and $9.67 per share in 2026.

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The company's P/E ratio is expected to decrease from 23.69 in 2025 to 21.15 in 2026. This could indicate a more affordable stock option for investors.

Wabtec's net profit estimates are also on the rise, with the company expected to earn $1,462 million in 2025 and $1,590 million in 2026.

The company's free cash flow is expected to be $1,530 million in 2025 and $1,675 million in 2026.

Frequently Asked Questions

Is Wabtec a good stock to buy?

Wabtec stock has a strong "buy" consensus rating from analysts, with 18 "buy" ratings and 0 "sell" ratings. If you're considering investing, Wabtec's stock price has a 52-week low of $123.77, making it worth exploring further.

What is the stock price prediction for Wabtec in 2025?

According to analyst predictions, Wabtec's stock price is expected to reach $207.20 by November 13, 2025, representing a potential 8.51% increase from its current price.

Will GE shareholders get Wabtec stock?

Yes, GE shareholders will receive Wabtec stock as part of the combined Spin-off/merger transaction. They will get 0.005371 shares of Wabtec common stock for each outstanding GE share held.

Ramiro Senger

Lead Writer

Ramiro Senger is a seasoned writer with a passion for delivering informative and engaging content to readers. With a keen interest in the world of finance, he has established himself as a trusted voice in the realm of mortgage loans and related topics. Ramiro's expertise spans a range of article categories, including mortgage loans and bad credit mortgage options.

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