Wells Fargo has initiated coverage on Westinghouse Air Brake Technologies Corp (WAB), assigning the stock an Equal-Weight rating. This marks the firm's first assessment of the company, reflecting its analysis of WAB's business fundamentals, industry dynamics, and growth prospects.
Headquartered in Pittsburgh, Pennsylvania, Westinghouse Air Brake Technologies Corp engages in providing equipment, systems, and value-added services for the rail industry. The company, which employs approximately 29,500 full-time staff, operates through two main segments: Freight and Transit. The Freight Segment manufactures new and modernized locomotives, supplies aftermarket parts, and builds new commuter locomotives, among other services. Meanwhile, the Transit Segment focuses on components for passenger transit vehicles, including regional trains and buses.
As of November 8, 2025, WAB has a market capitalization of $34.8 billion, a P/E ratio of 29.52, and an EPS of 6.89. The company's dividend yield stands at an impressive 48.8%. Upcoming earnings reports are scheduled for April 20, 2026, and July 21, 2026, with estimated EPS of $2.51 and $2.55, respectively.
Analyst ratings serve as professional opinions based on extensive research and financial modeling. They can provide valuable insights but should be considered alongside various factors such as company fundamentals and industry trends. Analyst opinions may evolve as new information becomes available, and consensus ratings vary across different firms. Currently, the analyst consensus for WAB includes 5 Strong Buy, 6 Buy, and 6 Hold ratings, reflecting a general positive outlook on the stock.