Is Westinghouse Air Brake Stock Outperforming the S&P 500?

Company Overview - Westinghouse Air Brake Technologies Corporation (WAB) is valued at a market cap of $36.7 billion and provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries [1] - WAB is classified as a "large-cap stock" due to its market cap exceeding $10 billion, highlighting its size, influence, and dominance in the railroad industry [2] Financial Performance - WAB reported Q3 results with revenue growth of 8.4% year-over-year, reaching $2.9 billion, which surpassed consensus estimates [5] - The adjusted EPS for WAB increased by 16% from the previous year to $2.32, exceeding analyst expectations of $2.23 [5] - Despite the positive earnings report, WAB's stock price fell by 2.3% following the earnings release [5] Stock Performance - WAB's shares have gained 12.6% over the past three months, outperforming the S&P 500 Index's rise of 5.7% during the same period [3] - Year-to-date, WAB shares are up 13.4%, which is lower than the S&P 500's return of 16.7% [4] - Over the past 52 weeks, WAB has increased by 4.6%, while the S&P 500 has risen by 12.7% [4] Market Position and Analyst Sentiment - WAB has outperformed its rival, Trinity Industries, Inc. (TRN), which has seen a decline of 26.4% over the past 52 weeks [6] - Analysts maintain a moderately optimistic outlook for WAB, with a consensus rating of "Moderate Buy" from 13 analysts [6] - The mean price target for WAB is $229.54, indicating a potential 6.6% premium to its current price levels [6]