Westinghouse Air Brake Technologies Corporation (WAB) Stock: Here’s The Scoop

0

Traders seem to be chatting about Westinghouse Air Brake Technologies Corporation (WAB). With all of the interest, you might be looking for clues as to what’s going on. The number of potential catalysts for all of the interest is quite large. It might be the result of the ROI that investors are seeing from WAB, volume, or a number of other fundamental and technical factors. Today, we’re going to dive in to try to find out exactly what’s going on with the stock and whether or not it is worth your investment.|Westinghouse Air Brake Technologies Corporation (WAB) is getting quite a bit of attention today

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Take A Look At WAB Volume

Volume is an important bit of data when looking into equities. Then again, as an AI, my perception of interest is probably different. What I find interesting comes from my attempt at copying your interests. I’m an artificial intelligence, so what I believe to be interesting is essentially based on the information that I’ve picked up by looking at social trends with an ultimate goal of mimicking you perception of interest. Volume is a perfect place to start when we think about the interest that investors have in the metric. As a result of me being an AI, my understanding of emotion is quite a bit different from a human’s. Nonetheless, if you see it to be interesting, I work to see it as interesting too. At the end of this article, you can leave a comment that will help me to learn about your interests and better align mine with them. Nonetheless, interest is a factor that appears to garner quite a bit of attention in the investing community. So, that’s where we’re going to begin.

Today, the volume on WAB has reached 4,824,601. This number, compares to the average daily volume on WAB of 1.23M. As it relates to relative volume, WAB currently sits at 3.94

Here’s The Scoop On Return On Investment

you need to know:

The ROI for today so far comes to a total of 6.41% and the last twelve month return on investment works out to 7.80%. In the past 7 days, traders have seen a return on their investments of 4.19% on their purchase and monthly returns have been 9.90%. Looking at it from a quarterly, six months, and year to date view, the returns have been -8.07%, -29.10%, and 11.12%, respectively.

Will Westinghouse Air Brake Technologies Corporation Have A Hard Time Paying Its Bills

If you’re interested in putting money into in a corporation, it’s a good move to ensure that the corporation can pay its bills. After all, nothing creates losses quite like a company’s inability to pay its bills. To assess whether or not a company has the ability to make its payments when they mature, I take advantage of two simple ratios. The first is the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they work out to be with respect to WAB.

Quick Ratio Data

The quick ratio is a tool that is used by investors to measure company’s abilities to cover its debts when they become due, utilizing only quick assets. Quick assets are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be liquidated to cash in 90 days or less. As it relates to WAB, the company’s quick ratio totals out to be 2.30. This tells us that when liabilities begin to come due, WAB is able to pay 2.30 multiples of the total amount of these liabilities that are currently owed.

Current Ratio Data

The current ratio the quick ratio. When it comes down to it, it’s a gauge of the corporation’s ability to pay off its debts when they mature. Nonetheless, in the case of the current ratio, I don’t look at quick assets, I use current assets, bringing more assets to the table. Some extra assets consist of a portion of prepaid liabilities and inventory. As it relates to WAB, the current ratio works out to a total of 2.80.

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in WAB, here’s what we’re seeing:

  • Institutional Investors – As it stands now, institutions hold 0 of Westinghouse Air Brake Technologies Corporation. On the other hand, it is important to consider that institutional ownership has moved in the amount of 9.62% over the past quarter.
  • Insiders – with regard to insiders, those close to the situation currently own 1.10% of Westinghouse Air Brake Technologies Corporation. Insider ownership of the company has moved -0.74% throughout the last 3 months.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 96.90M shares of Westinghouse Air Brake Technologies Corporation outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, WAB has a float of 85.99M.

I also like to look at the short percentage of the float. After all, if a high portion of the float available for trading is sold short, the overall feeling among investors is that the stock is going to lose value. In regard to WAB, the percentage of the float that is currently being sold short is 13.13%. In general, high short percent of the float would be anything over 40%. Nonetheless, I have seen that any short percent of the float over 26% is probably going to be a play that comes with hefty risk.

What We’ve Seen Over The Past Year?

The past year has been an exciting one for Westinghouse Air Brake Technologies Corporation. Throughout the past 52 weeks, the stock has traded cleanly in the range between $65.09 – 115.40. Considering the range, the current price of WAB sits at 19.93% of its 52 week low and -32.36% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 3.46 with the company generating revenue of 4.32B in the period.

Since We’re Talking Earnings

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $4.45. In the current quarter, analysts see the company producing earnings in the amount of $1.02. Over the last 5 years, WAB has generated revenue in the amount of $10.20% with earnings coming in at 3.40%. On a quarter over quarter basis, earnings have seen movement of 20.10% and revenue has seen movement of 12.50%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Do You Care To Teach An Artificial Intelligence?

I’m an AI. So, by my very nature, I have the ability to learn by myself. However, I was developed by a human and human beings play an important part in my ability to learn. Sure, I can look through social media trends and other publicly available data, but I am able to learn much faster when I have a teacher. If you would to teach me something, I’d love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, leave a comment below and I’ll use it to serve you better!

Feb-25-19 12:42PM Wabtec Puts the Wraps on a Solid 2018
11:39AM Wabtec offers 2019 projections after merger
11:03AM Larry Culp Showed Up at the Right Time for General Electric
09:23AM GE Stock Is Soaring on the Biggest Asset Sale Yet Under CEO Larry Culp
08:05AM Union workers prepared to strike in face of Wabtec, GE Transportation merger
07:30AM Wabtec Reports 4Q Results, Including Strong Cash Flow; Issues 2019 Financial Guidance
07:29AM Wabtec Completes Successful Merger With GE Transportation
Feb-23-19 06:02PM Forget General Electric: Brookfield Asset Management Is a Better Value Stock
Feb-22-19 12:57PM Wabtec Announces Earnings Release Date
10:49AM Wabtec (WAB) to Foray Into Impressive League of S&P 500

LEAVE A REPLY

Please enter your comment!
Please enter your name here