Earnings is just around the corner for Westinghouse Air Brake Technologies Corporation (NYSE:WAB) as the firm is slated to issue their report on 10/19/2016 8:30:00 AM. The firm has most recently posted quarter over quarter growth of -50.80% and sales growth of -56.60% quarter over quarter.
In terms of the trend lines, Westinghouse Air Brake Technologies Corporation (NYSE:WAB) shares are currently -12.61% off of their 52-week high and 34.22% off from the 52-week low point. The stock is 9.33% from the 200-day moving average and 5.48% from the 50-day average. The Relative Strength Index for the stock stands at 60.92.
Increased volatility should be expected heading into and immediately after the Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earnings report. According to the most recent data, the average true range stands at 1.49 which is a measure of the most recent volatility. The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low). The average volatility for the week stands at 1.57% and 1.80% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.91.
So is there any potential upside for the stock if Westinghouse Air Brake Technologies Corporation is able to meet or beat earnings? Analysts, on a consensus basis have a $82.10 on the stock, compared to a recent bid of $80.61. The average broker recommendation yields a score of 2.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.
Heading into the earnings report, 1.30% shares are held by company insiders. On the institutional front, 94.00% of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) are owned by firms or funds. Over the past few months, insider transactions have trended 0.00% while institutions saw a change of -3.03% in company stock.
Year to date, Westinghouse Air Brake Technologies Corporation (NYSE:WAB) holders have seen returns of 13.88%. Over the past month the stock moved 8.40% and most recently shares over the past five trading days have moved -2.03%.