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WAB

Wabtec

NYSEIndustrialsRailroadsSnapshot 2026-05-08

$265.71+0.05%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, WAB has a composite score of 24.6, categorized as "mild favorable." This score is influenced by a high confidence level of 80.4 and reflects strengths in valuation (62.7) and quality (60.1), while facing challenges from macroeconomic factors such as growth and labor trends. The analysis is provisional, indicating that the information may change.

Composite +25as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.03
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
472491234517
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$265.71
TTM EPS
$7.42
Earnings yield
2.8%
P/E (TTM)
35.8

Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
1,146
TTM CFO ($M)
1,699
CFO/NI
1.48
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 10% activity in industrials cohort· see deep-dive ↓
capital friendlyTop 30% capital-friendly in industrials cohort
Earnings setup · pre-print positioning
forward-looking
neutral10 analysts, 82% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $2.62 → $2.60 (-0.9% / 30d). 3 raised, 6 cut, 10 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 3 maintained. 82% of analysts rate Buy.

Price target activity

4 PT revisions / 30d. Avg target 15.0% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

2 material events in the last 24 months — top 2 listed below.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Focus on future sales and earnings growthgrowthmixed65% progress
    4/22: CEO: 'We remain well positioned to deliver profitable growth and continue compounding long-term value for our shareholders.'
    Why this status

    Stated in 2 of last 2 quarters. Revenue grew from $2.61B in 2025-Q1 to $2.95B in 2026-Q1, indicating a positive trajectory in sales growth. The CEO has emphasized the company's strong positioning for profitable growth, aligning with the financial results.

  2. 2.Improve cash conversioncostwatchprovisional
    10/22: Wabtec expects operating cash flow conversion of greater than 90 percent.
    Why this status

    Newly stated in 2025-Q4. Cash from operations was $199M in 2026-Q1, reflecting ongoing efforts to improve cash conversion. The guidance of greater than 90% cash flow conversion indicates a focus on enhancing operational efficiency, though specific progress is not detailed.

  3. 3.Maintain operating margincostmixed65% progress
    4/22: Adjusted operating margin up 0.2 pts to 21.9%.
    Why this status

    Newly stated in 2026-Q1. Adjusted operating margin was 21.9% in 2026-Q1, up 0.2 points from the previous year, indicating a slight improvement. The focus on maintaining operating margin is evident, though the increase is modest.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
lowworst 12m loss −13%, typical day ±1.0%
Why this risk level

Recent vol — 30d annualized 35%; 252d 23%.

Drawdown — Max 1y −13%. Bad day move −2%.

Beta to sector ETF (XLI) 1.17 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 61/100, drawdown 73/100, beta 83/100, earnings vol .

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite51.9 / 100
Capital allocation33
Earnings discipline75
Margin discipline75
Balance sheet40
Guidance credibility
Post-call reaction53
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Focus on future sales and earnings growth

    GrowthNew since 2026-05-04

    Wabtec aims to drive significant value through sales and earnings growth.

    On trackMixed

    Stated in 2 of last 2 quarters. Revenue grew from $2.61B in 2025-Q1 to $2.95B in 2026-Q1, indicating a positive trajectory in sales growth. The CEO has emphasized the company's strong positioning for profitable growth, aligning with the financial results.

    65%
    CEO/CFO:CEO: 'We remain well positioned to deliver profitable growth and continue compounding long-term value for our shareholders.'
    Press releaseSource dated 2026-04-22Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Press release

      CEO: 'We remain well positioned to deliver profitable growth...'

    • 2025-Q4Press release

      CEO: 'Our record $27 billion multi-year backlog provides strong visibility and positions Wabtec for sustained growth.'

  • #2

    Improve cash conversion

    CostNew since 2026-05-04

    Wabtec is focused on enhancing its cash conversion efficiency.

    On trackWatch

    Newly stated in 2025-Q4. Cash from operations was $199M in 2026-Q1, reflecting ongoing efforts to improve cash conversion. The guidance of greater than 90% cash flow conversion indicates a focus on enhancing operational efficiency, though specific progress is not detailed.

    No score
    CEO/CFO:Wabtec expects operating cash flow conversion of greater than 90 percent.
    Multiple sourcesSource dated 2025-10-22Stated 1 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (1)
    • 2025-Q4Multiple sources

      Wabtec expects operating cash flow conversion of greater than 90 percent.

  • #3

    Maintain operating margin

    CostNew since 2026-05-04

    Wabtec is committed to maintaining its operating margin through strategic initiatives.

    On trackMixed

    Newly stated in 2026-Q1. Adjusted operating margin was 21.9% in 2026-Q1, up 0.2 points from the previous year, indicating a slight improvement. The focus on maintaining operating margin is evident, though the increase is modest.

    65%
    CEO/CFO:Adjusted operating margin up 0.2 pts to 21.9%.
    Press releaseSource dated 2026-04-22Stated 1 of last 8 quartersFirst seen 2026-05-04
    Show history (1)
    • 2026-Q1Press release

      Adjusted operating margin up 0.2 pts to 21.9%.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
39higher = cheaper

Looks more expensive than peers.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
28.3x
EV/EBITDA
21.4x
FCF yield
3.3%

P/E over the last 5 years

71 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
WAB
Wabtec
+25fairlow
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.0%
A bad day (95th %ile)
A rough but not unusual down day.
-2.0%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-13.3%
Earnings-day move
How much price usually moves on earnings day.
lowas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-04-22)-16 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.7 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2216d agoItem 2.02

    in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed i ncorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

    earnings preannouncementneutralscore 45
  2. 2026-02-112mo agoItem 2.02

    in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed i ncorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

    earnings preannouncementneutralscore 9
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-04-22 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.