Recent developments surround Wabtec Corporation (WAB), include financial performance, acquisitions and partnerships. It reported increased value in Q3 earnings, with a 16% surge and an expanding $25.6B backlog, and a confident revision of the 2025 EPS view. This followed announcements of significant deals including a $4.2 billion locomotive order from Kazakhstan and acquisitions such as Frauscher Sensor Technology Group and Evident’s Inspection Technologies Division. Despite higher valuation concerns, growth investors are advised not to overlook the stock. Wabtec continues to expand its global footprint with operations and workforce expansion in Brazil , a partnership with the Pittsburgh Steelers and Dellner Couplers acquisition. Yet, there are reports of insider selling by its executives including DeNinno and president, Mendonca. The firm is expanding its telematics offerings by becoming a certified RailPulse vendor and by signing an exclusive Railcar Telematics distribution agreement for European markets with IMT. With a regular quarterly common dividend declared, investors are keen on projections of strong revenue growth in 2025.
Wabtec WAB News Analytics from Tue, 07 Jan 2025 08:00:00 GMT to Mon, 22 Dec 2025 17:02:52 GMT -
Rating 6
- Innovation 6
- Information 4
- Rumor -5
