Should Investors Buy Wabtec Stock Despite Its Higher Valuation?
Key Takeaways Wabtec trades at a higher forward P/S ratio than its industry average, signaling an expensive valuation.Higher operating costs, FX volatility and supply-chain issues continue to pressure Wabtec's margins.New tech products, cost cuts and solid cash flows support dividends, buybacks and investor confidence.Wabtec Corporation (WAB) looks expensive from a valuation standpoint. Considering the forward 12-month price-to-sales ratio (P/S-F12M), WAB is trading at a premium compared to the industry.The ...