Is Westinghouse Air Stock a Good Investment?
Westinghouse Air Investment Advice | WAB |
- Examine Westinghouse Air's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Westinghouse Air's leadership team and their track record. Good management can help Westinghouse Air navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact Westinghouse Air's business and its evolving consumer preferences.
- Compare Westinghouse Air's performance and market position to its competitors. Analyze how Westinghouse Air is positioned in terms of product offerings, innovation, and market share.
- Check if Westinghouse Air pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Westinghouse Air's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Westinghouse Air Brake stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Westinghouse Air Brake is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Westinghouse Air Stock
Researching Westinghouse Air's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company outstanding shares are owned by institutional investors. The book value of Westinghouse Air was at this time reported as 59.17. The company recorded earning per share (EPS) of 5.13. Westinghouse Air Brake last dividend was issued on the 22nd of February 2024. The entity had 2:1 split on the 12th of June 2013.
To determine if Westinghouse Air is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Westinghouse Air's research are outlined below:
| Over 94.0% of the company outstanding shares are owned by institutional investors | |
| On 8th of March 2024 Westinghouse Air paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Westinghouse Air Brake Technologies Corporation Q1 2024 Earnings Call Transcript |
Westinghouse Air Quarterly Liabilities And Stockholders Equity |
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Westinghouse Air uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Westinghouse Air Brake. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Westinghouse Air's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Westinghouse Air's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Westinghouse Air's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2004-04-23 | 2004-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2004-02-18 | 2003-12-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2003-10-15 | 2003-09-30 | 0.08 | 0.07 | -0.01 | 12 | ||
2003-04-17 | 2003-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2003-02-19 | 2002-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2002-10-17 | 2002-09-30 | 0.07 | 0.06 | -0.01 | 14 | ||
2006-10-25 | 2006-09-30 | 0.2 | 0.22 | 0.02 | 10 | ||
2005-10-25 | 2005-09-30 | 0.14 | 0.16 | 0.02 | 14 |
Westinghouse Air Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Westinghouse target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Westinghouse Air's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 13 | Buy |
Most Westinghouse analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Westinghouse stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Westinghouse Air Brake, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationWestinghouse Air Target Price Projection
Westinghouse Air's current and average target prices are 164.36 and 127.00, respectively. The current price of Westinghouse Air is the price at which Westinghouse Air Brake is currently trading. On the other hand, Westinghouse Air's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Westinghouse Air Market Quote on 28th of April 2024
Target Price
Analyst Consensus On Westinghouse Air Target Price
Westinghouse Air Analyst Ratings
Westinghouse Air's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Westinghouse Air stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Westinghouse Air's financials, market performance, and future outlook by experienced professionals. Westinghouse Air's historical ratings below, therefore, can serve as a valuable tool for investors.Know Westinghouse Air's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Westinghouse Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westinghouse Air Brake backward and forwards among themselves. Westinghouse Air's institutional investor refers to the entity that pools money to purchase Westinghouse Air's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2023-12-31 | 3.1 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3 M | Nuveen Asset Management, Llc | 2023-12-31 | 2.8 M | Boston Partners Global Investors, Inc | 2023-12-31 | 2.8 M | Fmr Inc | 2023-12-31 | 2.1 M | Mackenzie Investments | 2023-12-31 | 1.9 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | Northern Trust Corp | 2023-12-31 | 1.7 M | Beutel, Goodman & Company Ltd. | 2023-12-31 | 1.6 M | Vanguard Group Inc | 2023-12-31 | 20 M | Blackrock Inc | 2023-12-31 | 12 M |
Westinghouse Air's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 28.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westinghouse Air's market, we take the total number of its shares issued and multiply it by Westinghouse Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Westinghouse Air's profitablity analysis
Westinghouse Air's profitability indicators refer to fundamental financial ratios that showcase Westinghouse Air's ability to generate income relative to its revenue or operating costs. If, let's say, Westinghouse Air is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Westinghouse Air's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Westinghouse Air's profitability requires more research than a typical breakdown of Westinghouse Air's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.12 | |
| Return On Capital Employed | 0.09 | 0.08 | |
| Return On Assets | 0.04 | 0.08 | |
| Return On Equity | 0.08 | 0.14 |
Determining Westinghouse Air's profitability involves analyzing its financial statements and using various financial metrics to determine if Westinghouse Air is a good buy. For example, gross profit margin measures Westinghouse Air's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Westinghouse Air's profitability and make more informed investment decisions.
The data published in Westinghouse Air's official financial statements usually reflect Westinghouse Air's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Westinghouse Air Brake. For example, before you start analyzing numbers published by Westinghouse accountants, it's critical to develop an understanding of what Westinghouse Air's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Westinghouse Air's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Westinghouse Air's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Westinghouse Air's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Westinghouse Air Brake. Please utilize our Beneish M Score to check the likelihood of Westinghouse Air's management manipulating its earnings.
Evaluate Westinghouse Air's management efficiency
Westinghouse Air Brake has Return on Asset of 0.0487 % which means that on every $100 spent on assets, it made $0.0487 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.09 %, implying that it generated $0.09 on every 100 dollars invested. Westinghouse Air's management efficiency ratios could be used to measure how well Westinghouse Air manages its routine affairs as well as how well it operates its assets and liabilities. At present, Westinghouse Air's Return On Tangible Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.08, whereas Return On Capital Employed is forecasted to decline to 0.08. At present, Westinghouse Air's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 14.8 B, whereas Non Currrent Assets Other are forecasted to decline to about 116.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 58.65 | 61.58 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (8.17) | (7.76) | |
| Enterprise Value Over EBITDA | 14.28 | 9.20 | |
| Price Book Value Ratio | 2.16 | 3.49 | |
| Enterprise Value Multiple | 14.28 | 9.20 | |
| Price Fair Value | 2.16 | 3.49 | |
| Enterprise Value | 3.9 B | 4 B |
The analysis of Westinghouse Air's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Westinghouse Air's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Westinghouse Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0043 | Forward Dividend Yield 0.0043 | Forward Dividend Rate 0.71 | Beta 1.414 |
Basic technical analysis of Westinghouse Stock
As of the 28th of April, Westinghouse Air maintains the Market Risk Adjusted Performance of 0.6111, mean deviation of 0.8454, and Coefficient Of Variation of 390.74. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Westinghouse Air Brake, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze eighteen technical drivers for Westinghouse Air Brake, which can be compared to its peers. Please check out Westinghouse Air Brake treynor ratio, potential upside, as well as the relationship between the Potential Upside and expected short fall to decide if Westinghouse Air Brake is priced fairly, providing market reflects its latest price of 164.36 per share. Given that Westinghouse Air Brake has treynor ratio of 0.6011, we strongly advise you to confirm Westinghouse Air Brake's prevalent market performance to make sure the company can sustain itself at a future point.Westinghouse Air's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Westinghouse Air insiders, such as employees or executives, is commonly permitted as long as it does not rely on Westinghouse Air's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Westinghouse Air insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Yates Kyra over a month ago Disposition of tradable shares by Yates Kyra of Westinghouse Air subject to Rule 16b-3 | ||
Hammersmith Alicia over a month ago Acquisition by Hammersmith Alicia of 2895 shares of Westinghouse Air subject to Rule 16b-3 | ||
Lilian Leroux over a month ago Disposition of 1130 shares by Lilian Leroux of Westinghouse Air subject to Rule 16b-3 |
Understand Westinghouse Air's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Westinghouse Air's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1654 | |||
| Market Risk Adjusted Performance | 0.6111 | |||
| Mean Deviation | 0.8454 | |||
| Downside Deviation | 0.6629 | |||
| Coefficient Of Variation | 390.74 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.14 | |||
| Information Ratio | 0.1949 | |||
| Jensen Alpha | 0.3161 | |||
| Total Risk Alpha | 0.1785 | |||
| Sortino Ratio | 0.4298 | |||
| Treynor Ratio | 0.6011 | |||
| Maximum Drawdown | 10.16 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.56 | |||
| Downside Variance | 0.4394 | |||
| Semi Variance | (0.08) | |||
| Expected Short fall | (1.05) | |||
| Skewness | 4.53 | |||
| Kurtosis | 29.27 |
| Risk Adjusted Performance | 0.1654 | |||
| Market Risk Adjusted Performance | 0.6111 | |||
| Mean Deviation | 0.8454 | |||
| Downside Deviation | 0.6629 | |||
| Coefficient Of Variation | 390.74 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.14 | |||
| Information Ratio | 0.1949 | |||
| Jensen Alpha | 0.3161 | |||
| Total Risk Alpha | 0.1785 | |||
| Sortino Ratio | 0.4298 | |||
| Treynor Ratio | 0.6011 | |||
| Maximum Drawdown | 10.16 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.56 | |||
| Downside Variance | 0.4394 | |||
| Semi Variance | (0.08) | |||
| Expected Short fall | (1.05) | |||
| Skewness | 4.53 | |||
| Kurtosis | 29.27 |
Consider Westinghouse Air's intraday indicators
Westinghouse Air intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Westinghouse Air stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Westinghouse Air Corporate Filings
8K | 24th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 4th of April 2024 Other Reports | ViewVerify | |
F3 | 27th of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Westinghouse Stock media impact
Far too much social signal, news, headlines, and media speculation about Westinghouse Air that are available to investors today. That information is available publicly through Westinghouse media outlets and privately through word of mouth or via Westinghouse internal channels. However, regardless of the origin, that massive amount of Westinghouse data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Westinghouse Air news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Westinghouse Air relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Westinghouse Air's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Westinghouse Air alpha.
Westinghouse Air Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Westinghouse Air can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Westinghouse Air Brake Historical Investor Sentiment
Investor biases related to Westinghouse Air's public news can be used to forecast risks associated with an investment in Westinghouse. The trend in average sentiment can be used to explain how an investor holding Westinghouse can time the market purely based on public headlines and social activities around Westinghouse Air Brake. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Westinghouse Air's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Westinghouse Air and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Westinghouse Air news discussions. The higher the estimate score, the more favorable the investor's outlook on Westinghouse Air.
Westinghouse Air Maximum Pain Price across 2024-05-17 Option Contracts
Westinghouse Air's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Westinghouse Air close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Westinghouse Air's options.
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Westinghouse Air Corporate Directors
Westinghouse Air corporate directors refer to members of a Westinghouse Air board of directors. The board of directors generally takes responsibility for the Westinghouse Air's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Westinghouse Air's board members must vote for the resolution. The Westinghouse Air board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lee Banks | Independent Director | Profile | |
| Erwan Faiveley | Independent Director | Profile | |
| Byron Foster | Independent Director | Profile | |
| Linda Harty | Independent Director | Profile |
How to buy Westinghouse Stock?
To provide specific investment advice or recommendations on Westinghouse Air Brake stock, we recommend investors consider the following general factors when evaluating Westinghouse Air Brake. This will help you to make an informed decision on whether to include Westinghouse Air in one of your diversified portfolios:- Examine Westinghouse Air's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Westinghouse Air's leadership team and their track record. Good management can help Westinghouse Air navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact Westinghouse Air's business and its evolving consumer preferences.
- Compare Westinghouse Air's performance and market position to its competitors. Analyze how Westinghouse Air is positioned in terms of product offerings, innovation, and market share.
- Check if Westinghouse Air pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Westinghouse Air's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Westinghouse Air Brake stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Westinghouse Air Brake is a good investment.
Already Invested in Westinghouse Air Brake?
The danger of trading Westinghouse Air Brake is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westinghouse Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westinghouse Air. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westinghouse Air Brake is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Westinghouse Air Brake information on this page should be used as a complementary analysis to other Westinghouse Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Westinghouse Air's price analysis, check to measure Westinghouse Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
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Is Westinghouse Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westinghouse Air. If investors know Westinghouse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westinghouse Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.645 | Dividend Share 0.71 | Earnings Share 5.13 | Revenue Per Share 56.083 | Quarterly Revenue Growth 0.138 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Westinghouse Air's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.