5 Analysts Have This To Say About Westinghouse Air Brake
Portfolio Pulse from Benzinga Insights
In the last three months, 5 analysts have updated their ratings on Westinghouse Air Brake (NYSE:WAB), showing a mix of bullish to indifferent sentiments. The average 12-month price target has been raised to $144.4, indicating an 18.85% increase from the previous target of $121.50. The company has shown impressive revenue growth of 22.54% as of September 30, 2023, and a strong net margin of 9.41%, although its ROE and ROA are below industry averages. Westinghouse Air Brake's market capitalization and prudent debt management indicate investor confidence and a balanced financial strategy.
February 15, 2024 | 12:01 pm
News sentiment analysis
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POSITIVE IMPACT
Westinghouse Air Brake has received mixed analyst ratings but an increased average 12-month price target, indicating positive sentiment. The company's strong revenue growth and net margin are positive indicators, though its ROE and ROA are below industry averages.
The increase in the average 12-month price target reflects a positive sentiment from analysts, suggesting a bullish outlook for WAB in the short term. The company's impressive revenue growth and net margin further support this view, although the below-average ROE and ROA are areas of concern. The overall positive analyst ratings and financial performance indicate a likely upward movement in WAB's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100