Wabtec (WAB) continues to forge ahead in the global transportation market. With the recent expansion of its operations and workforce in Brazil through a R$20 million investment and a record high amid strong profit growth, Wabtec builds its case as a strong investment choice. The company posted Q3 sales in line with estimates, with an earnings climb of 16% amid an expanding $25.6B backlog. Wabtec signed a partnership with the renowned Pittsburgh Steelers and finalized the acquisition of both the Frauscher Sensor Technology Group and Evident’s Inspection Technologies Division, boosting its formulation technology and signaling a strategic move to broaden its market share. The company's valuation continues to ride high after a multi-year share price rally. The company recently secured a colossal $4.2 billion locomotive order from Kazakhstan, reinforcing its strong presence in the global market. Despite insider selling, the company’s margin expansion story holds up its bullish narrative. The company continues to show solid growth with an impressive Q3 earnings report, thus cementing its position as a solid growth stock.
Wabtec WAB News Analytics from Tue, 07 Jan 2025 08:00:00 GMT to Fri, 19 Dec 2025 09:18:41 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 5
