Wabtec Corporation (WAB) – Booming Business, But Richly Valued Stock

KASSLING WILLIAM E, Director, added 8,000 shares of Wabtec Corporation (WAB) to its portfolio at the rate of $62.94 per share valuing $503,520 on May 23. The insider has now 1,026,654 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Wabtec Corporation (WAB) was $69.03. Currently, the 1st Resistance Point for this stock is $69.45, with a 2nd Resistance Point sitting at $69.87. Meanwhile, this company’s stock has a 1st Support Level at $68.23 and a 2nd Support Level at $67.43. Wabtec Corporation (WAB) stock has gained $1.82, or 2.71%, in the past five days. In the last full month, these shares have lost -$1.46, or -2.07%. In the past three months, this stock’s price has fallen by -$3.44, or -4.75%. This year-to-date, Wabtec Corporation (WAB) shares have lost -$1.22, or -1.74%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Wabtec Corporation (WAB) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”

With 162,817 K shares outstanding, this company currently has a market capitalization of $11,104,119K. Wabtec Corporation (WAB) generates $4,364 M in annual sales, amounting to annual net income of $294,940 K. This stock has generated a 1-Year Total Return of -31.67%, a 3-Year Total Return of -5.57%, and a 5-year Total Return of -17.11%. This stock’s 5-Year Dividend Growth is 269.23%, with its most recent dividend valued at $0.120 per share on 05/09/19. Its Annual Dividend Yield is 0.70%, and its Annual Dividend Rate is 0.48.

In the most recently-reported fiscal quarter, which ended in Mar-19, Wabtec Corporation (WAB) reported earnings of $1.06 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.85 per share, representing a 0.21 difference and 24.30% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.97 represented a -0.05 difference from the consensus estimate calling for $1.02 per share, which was a 4.73% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.98 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $1.03 and the low estimate was $0.86. In the year-ago quarter, Wabtec Corporation (WAB) generated per-share earnings of $0.96. If the analysts are correct about the current quarter’s earnings, the growth will be +2.08% .

Turning our focus now to insider trading activity, there have been 21 purchases (96,309 shares in total) and 5 sale (12,580 shares in total) in the last 3 months. In the last 6 months, there have been 45 insider buys amounting to 288,772 shares and 12 insider sales amounting to 23,372 shares. In the past full year, 74 insider purchases were made (involving 544,845 shares) and 41 insider sell-offs equivalent to 333,426 shares.

Moving onto liquidity, Wabtec Corporation (WAB) has a Current Ratio of 2.70, a Quick Ratio of 2.19 and a Cash Ratio of 1.42. Looking at this company’s capital structure, its Total Debt to Total Equity is 134.61, its Total Debt to Total Capital is 57.38, and its Total Debt to Total Assets is now 44.59. Looking even further ahead into the future, its Long-Term Debt to Equity is 132.38 and its Long-Term Debt to Total Capital is 56.42.