Summary Highlights:
- Westinghouse Air Brake Technologies Corporation (WAB, Financial) surpasses Q1 earnings expectations with a Non-GAAP EPS of $2.28.
- Revenue growth and a significant backlog increase strengthen company prospects despite economic challenges.
- Analysts predict a positive upside potential, bolstered by recent performance and revised guidance.
Westinghouse Air Brake Technologies Corporation (WAB) has exceeded market expectations by reporting a remarkable Q1 Non-GAAP EPS of $2.28, a $0.25 beat compared to estimates. This performance is complemented by a robust revenue climb to $2.61 billion, marking a 4.4% growth year-over-year. In addition, the company's expanding multi-year backlog promises improved visibility into future operations. Despite obstacles regarding cash flow, Wabtec remains optimistic, enhancing its 2025 EPS guidance amid prevailing economic uncertainty.
Wall Street Analysts Forecast
The analysis of price targets from nine Wall Street experts presents an average target of $209.36 for Westinghouse Air Brake Technologies Corp (WAB, Financial), with the upper estimate at $240.00 and the lower at $175.00. This average target suggests a potential upside of 21.89% from the current stock price of $171.76. For further insights into these estimates, please visit the Westinghouse Air Brake Technologies Corp (WAB) Forecast page.
With an average brokerage recommendation of 2.2 from 13 firms, Westinghouse Air Brake Technologies Corp (WAB, Financial) is marked as "Outperform." This assessment is part of a scale where 1 means Strong Buy and 5 indicates a Sell.
The GF Value, a proprietary metric by GuruFocus, estimates a one-year fair value for Westinghouse Air Brake Technologies Corp (WAB, Financial) at $149.69. This value suggests a potential downside of 12.85% from its current price of $171.76. GF Value integrates historical trading multiples, past business growth, and future performance projections for an informed valuation. More comprehensive information is accessible on the Westinghouse Air Brake Technologies Corp (WAB) Summary page.
