How to buy Westinghouse Air Brake Technologies Corporation (WAB) shares in Australia

Learn how to easily invest in Westinghouse Air Brake Technologies Corporation shares.

Westinghouse Air Brake Technologies Corporation
NYSE: WAB - USD
RAILROADS
$89.41
+ $0.02 ( + 0.02%)

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Westinghouse Air Brake Technologies Corporation (WAB) is a leading railroads business with stocks listed in the US. It opened the day at US$82.91 after a previous close of US$82.91. During the day the price has varied from a low of USD81.85 to a high of USD83.13. The latest price was USD82.09 (25 minute delay). Westinghouse Air Brake Technologies Corporation is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Westinghouse Air Brake Technologies Corporation

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Westinghouse Air Brake Technologies Corporation. Find the share by name or ticker symbol: WAB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Westinghouse Air Brake Technologies Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$82.91, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Westinghouse Air Brake Technologies Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Westinghouse Air Brake Technologies Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Westinghouse Air Brake Technologies Corporation stock price (NYSE:WAB)

Use our graph to track the performance of WAB stocks over time.

Westinghouse Air Brake Technologies Corporation shares at a glance

Information last updated 2021-06-28.
OpenUS$82.91
HighUS$83.13
LowUS$81.85
CloseUS$82.09
Previous closeUS$82.91
Change US$-0.82
Change % -0.989%
Volume 950,348
Information last updated 2021-09-24.
52-week rangeUS$55.4955 - US$91.12
50-day moving average US$88.3234
200-day moving average US$82.5802
Target priceUS$93.89
PE ratio 37.5672
Dividend yield US$0.48 (0.54%)
Earnings per share (TTM) US$2.38

Where to buy Westinghouse Air Brake Technologies Corporation stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
loading

Compare up to 4 providers

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Westinghouse Air Brake Technologies Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Westinghouse Air Brake Technologies Corporation share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Westinghouse Air Brake Technologies Corporation shares?

Before you consider Westinghouse Air Brake Technologies Corporation, you'll want to hear this.
Ticker Nerd uses advanced software to track hundreds of signals and data points to find stocks before they blow up. You can get the next two hot stocks they find sent to your inbox for free.

Show me how

Westinghouse Air Brake Technologies Corporation price performance over time

Historical closes compared with the last close of $82.09

1 week (2021-09-17) -6.16%
1 month (2021-08-25) -6.33%
3 months (2021-06-25) -0.99%
6 months (2021-03-25) 5.42%
1 year (2020-09-25) 35.40%
2 years (2019-09-25) 12.45%
3 years (2018-09-25) -23.09%
5 years (2016-09-23) 6.86%

Is Westinghouse Air Brake Technologies Corporation under- or over-valued?

Valuing Westinghouse Air Brake Technologies Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Westinghouse Air Brake Technologies Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Westinghouse Air Brake Technologies Corporation's P/E ratio

Westinghouse Air Brake Technologies Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, Westinghouse Air Brake Technologies Corporation shares trade at around 38x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Westinghouse Air Brake Technologies Corporation's PEG ratio

Westinghouse Air Brake Technologies Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.92. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Westinghouse Air Brake Technologies Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Westinghouse Air Brake Technologies Corporation's EBITDA

Westinghouse Air Brake Technologies Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.3 billion (£0.0 million).

The EBITDA is a measure of a Westinghouse Air Brake Technologies Corporation's overall financial performance and is widely used to measure a its profitability.

Westinghouse Air Brake Technologies Corporation financials

Revenue TTM US$7.7 billion
Operating margin TTM 11.45%
Gross profit TTM US$2.2 billion
Return on assets TTM 2.99%
Return on equity TTM 4.51%
Profit margin 5.86%
Book value 54.468
Market capitalisation US$16.9 billion

TTM: trailing 12 months

Shorting Westinghouse Air Brake Technologies Corporation shares

There are currently 4.6 million Westinghouse Air Brake Technologies Corporation shares held short by investors – that's known as Westinghouse Air Brake Technologies Corporation's "short interest". This figure is 9.8% down from 5.1 million last month.

There are a few different ways that this level of interest in shorting Westinghouse Air Brake Technologies Corporation shares can be evaluated.

Westinghouse Air Brake Technologies Corporation's "short interest ratio" (SIR)

Westinghouse Air Brake Technologies Corporation's "short interest ratio" (SIR) is the quantity of Westinghouse Air Brake Technologies Corporation shares currently shorted divided by the average quantity of Westinghouse Air Brake Technologies Corporation shares traded daily (recently around 1.2 million). Westinghouse Air Brake Technologies Corporation's SIR currently stands at 4.01. In other words for every 100,000 Westinghouse Air Brake Technologies Corporation shares traded daily on the market, roughly 4010 shares are currently held short.

However Westinghouse Air Brake Technologies Corporation's short interest can also be evaluated against the total number of Westinghouse Air Brake Technologies Corporation shares, or, against the total number of tradable Westinghouse Air Brake Technologies Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Westinghouse Air Brake Technologies Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Westinghouse Air Brake Technologies Corporation shares in existence, roughly 20 shares are currently held short) or 0.0257% of the tradable shares (for every 100,000 tradable Westinghouse Air Brake Technologies Corporation shares, roughly 26 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Westinghouse Air Brake Technologies Corporation.

Find out more about how you can short Westinghouse Air Brake Technologies Corporation stock.

Westinghouse Air Brake Technologies Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Westinghouse Air Brake Technologies Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Westinghouse Air Brake Technologies Corporation's total ESG risk score

Total ESG risk: 34.16

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Westinghouse Air Brake Technologies Corporation's overall score of 34.16 (as at 12/31/2018) is pretty weak – landing it in it in the 61st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Westinghouse Air Brake Technologies Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Westinghouse Air Brake Technologies Corporation's environmental score

Environmental score: 10.89/100

Westinghouse Air Brake Technologies Corporation's environmental score of 10.89 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Westinghouse Air Brake Technologies Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Westinghouse Air Brake Technologies Corporation's social score

Social score: 18.27/100

Westinghouse Air Brake Technologies Corporation's social score of 18.27 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Westinghouse Air Brake Technologies Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Westinghouse Air Brake Technologies Corporation's governance score

Governance score: 12/100

Westinghouse Air Brake Technologies Corporation's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Westinghouse Air Brake Technologies Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Westinghouse Air Brake Technologies Corporation's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Westinghouse Air Brake Technologies Corporation scored a 1 out of 5 for controversy – the highest score possible, reflecting that Westinghouse Air Brake Technologies Corporation has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Westinghouse Air Brake Technologies Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 34.16
Total ESG percentile 60.7
Environmental score 10.89
Environmental score percentile 8
Social score 18.27
Social score percentile 8
Governance score 12
Governance score percentile 8
Level of controversy 1

Westinghouse Air Brake Technologies Corporation share dividends

12%

Dividend payout ratio: 12.37% of net profits

Recently Westinghouse Air Brake Technologies Corporation has paid out, on average, around 12.37% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Westinghouse Air Brake Technologies Corporation shareholders could enjoy a 0.54% return on their shares, in the form of dividend payments. In Westinghouse Air Brake Technologies Corporation's case, that would currently equate to about $0.48 per share.

While Westinghouse Air Brake Technologies Corporation's payout ratio might seem low, this can signify that Westinghouse Air Brake Technologies Corporation is investing more in its future growth.

Westinghouse Air Brake Technologies Corporation's most recent dividend payout was on 26 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 August 2021 (the "ex-dividend date").

Have Westinghouse Air Brake Technologies Corporation's shares ever split?

Westinghouse Air Brake Technologies Corporation's shares were split on a 2:1 basis on 11 June 2013. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Westinghouse Air Brake Technologies Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Westinghouse Air Brake Technologies Corporation shares which in turn could have impacted Westinghouse Air Brake Technologies Corporation's share price.

Westinghouse Air Brake Technologies Corporation share price volatility

Over the last 12 months, Westinghouse Air Brake Technologies Corporation's shares have ranged in value from as little as US$55.4955 up to US$91.12. A popular way to gauge a stock's volatility is its "beta".

WAB.US volatility(beta: 1.69)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Westinghouse Air Brake Technologies Corporation's is 1.6867. This would suggest that Westinghouse Air Brake Technologies Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Westinghouse Air Brake Technologies Corporation overview

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. It serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, it offers railway braking equipment and related components; friction products; new commuter and switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul and refurbishment services. Further, the company provides doors for buses and subway cars; platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. Westinghouse Air Brake Technologies Corporation was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site