Wabtec Corp. Stock Price, News & Analysis

Wabtec Corporation (NYSE: WAB) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results before U.S. markets open on July 24, 2025, followed by an analyst and investor conference call at 8:30 a.m. ET.

Investors can access the webcast through Wabtec's website in the "Events & Presentations" section of Investor Relations. An audio replay will be available via phone at 1-877-344-7529 or 1-412-317-0088 using access code 1965240.

Wabtec Corporation (NYSE: WAB) has completed the acquisition of Evident's Inspection Technologies division for $1.78 billion ($1.68 billion after tax benefits). The acquisition significantly expands Wabtec's Digital Intelligence business, doubling its total addressable market from $8 billion to $16 billion.

The strategic purchase strengthens Wabtec's portfolio with advanced Non-Destructive Testing, Remote Visual Inspection, and Analytical Instruments solutions. The transaction was financed through a combination of cash, newly issued term notes, and borrowing under the Company's credit agreement.

The deal is expected to deliver high single-digit revenue growth and includes projected run-rate cost synergies of $25 million. The purchase price represents a multiple of 12.0x projected 2025 EBITDA. The acquisition is anticipated to be slightly accretive to Adjusted EPS in the second half of 2025.

A federal court in Delaware has dismissed all antitrust claims challenging the merger between Wabtec (NYSE: WAB) and GE Transportation. The Court found no evidence of harmful effects on competition from the merger. While the antitrust allegations were dismissed, the Court maintained breach of contract and other claims, which Wabtec plans to defend vigorously. Kyra Yates, Wabtec's VP of Investor Relations, expressed satisfaction with the ruling, emphasizing that it validates the merger's value and integrity for the industry and stakeholders.

Wabtec (NYSE: WAB) has priced a public offering of senior notes totaling $1.25 billion in two tranches: $500 million of 4.900% Senior Notes due 2030 and $750 million of 5.500% Senior Notes due 2035. The notes will be guaranteed by Wabtec's current and future subsidiaries that guarantee its credit agreements. The proceeds will be used for general corporate purposes, including repaying the outstanding 3.200% Senior Notes due June 15, 2025, and partially funding the acquisition of Evident Corporation's Inspection Technologies division.

The notes offering is expected to close on May 29, 2025, subject to customary conditions. BNP Paribas Securities, BofA Securities, HSBC Securities, and J.P. Morgan Securities are serving as joint book-running managers for the offering.

Wabtec Corporation (NYSE: WAB) has announced a quarterly dividend payment of $0.25 per share. The dividend will be paid on June 10, 2025, to shareholders who hold the stock as of the record date May 27, 2025. This regular quarterly dividend declaration demonstrates the company's commitment to returning value to shareholders through consistent dividend payments.

Wabtec (NYSE: WAB) reported strong Q1 2025 results with significant growth across key metrics. Sales increased 4.5% to $2.61 billion, while GAAP earnings per share rose 22.9% to $1.88 and adjusted EPS grew 20.6% to $2.28.

The company demonstrated robust performance in both segments: Freight sales increased 4.2% to $1,901 million, driven by a 16.9% growth in Services, while Transit sales grew 5.3% to $709 million. Operating margins improved significantly, with adjusted operating margin expanding 1.9 points to 21.7%.

The company maintains a strong backlog position with 12-month backlog up 6.3% to $8,196 million and total backlog increasing 1.0% to $22,302 million. In response to strong performance, Wabtec increased its 2025 adjusted EPS guidance mid-point by $0.10, with a new range of $8.35-$8.95, while maintaining revenue guidance at $10.725-$11.025 billion.

Wabtec (NYSE: WAB) has scheduled its first quarter 2025 earnings release for April 23, 2025, before U.S. financial markets open. The company will host a conference call with analysts and investors at 8:30 a.m. ET on the same day to discuss the results.

Interested parties can access the webcast through Wabtec's website in the Investor Relations section under Events & Presentations. An audio replay will be available via phone at 1-877-344-7529 or 1-412-317-0088 using access code 1346315.

Wabtec (NYSE: WAB) has announced a definitive agreement to acquire Dellner Couplers, a global leader in train connection systems, for $960 million in cash. The Sweden-based company brings 84 years of expertise in safety-critical train connection systems with a global installed base of approximately 100,000 couplers and 12,500 gangways.

The acquisition will be financed through cash on hand and short-term debt, with expected revenue of $250 million in 2025. Projected run-rate cost synergies of $22 million are anticipated over three years. The purchase price represents a 12.5x multiple of projected 2025 EBITDA.

Dellner Couplers operates in 13 countries, serving over 200 customers with production, assembly, and aftermarket services. The transaction is expected to be accretive to adjusted EBIT margins, EPS in the first year, and ROIC over time.

Wabtec (NYSE: WAB) reported strong Q4 2024 results with sales of $2.58 billion and record full-year performance. Fourth quarter adjusted EPS reached $1.68, up 9.1% year-over-year, while GAAP EPS was $1.23, up 2.5%. Full-year 2024 sales totaled $10.39 billion with record operating cash flow of $1.83 billion.

The company saw 20% order growth compared to the prior year, including Q4 orders exceeding $1 billion for new locomotives and modifications. Cash from operations increased 52.7% with 117% cash conversion. The Board approved a 25% increase in quarterly dividend and authorized an additional $1.0 billion for share buybacks.

Looking ahead, Wabtec provided 2025 guidance with expected sales between $10.725-11.025 billion and adjusted EPS of $8.35-8.75, representing a 13.1% increase at the mid-point. The company also updated its 5-year guidance, projecting mid-single digit revenue growth CAGR and 350+ bps of adjusted operating margin expansion through 2029.