Is It Time To Consider Buying Westinghouse Air Brake Technologies Corporation (NYSE:WAB)?
Is It Time To Consider Buying Westinghouse Air Brake Technologies Corporation (NYSE:WAB)?
Westinghouse Air Brake Technologies Corporation (NYSE:WAB) saw a decent share price growth of 15% on the NYSE over the last few months. The company is inching closer to its yearly highs following the recent share price climb. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. But what if there is still an opportunity to buy? Let's take a look at Westinghouse Air Brake Technologies's outlook and value based on the most recent financial data to see if the opportunity still exists.
美國西屋制動科技公司（NYSE:WAB）在紐交所最近幾個月內股價增長了15％。跟隨股價攀升，公司股票逐漸接近年度高點。作爲一家受到分析師高度關注的大型股票， 可以假設公司前景的任何最新變化已經被股票定價。但是，如果還存在購買機會，怎麼辦？讓我們查看一下美國西屋制動公司的前景和價值，基於最新財務數據來看是否仍有機會。
What Is Westinghouse Air Brake Technologies Worth?
美國西屋制動科技價值是多少？
According to our valuation model, Westinghouse Air Brake Technologies seems to be fairly priced at around 1.36% above our intrinsic value, which means if you buy Westinghouse Air Brake Technologies today, you'd be paying a relatively fair price for it. And if you believe that the stock is really worth $158.16, then there isn't really any room for the share price grow beyond what it's currently trading. So, is there another chance to buy low in the future? Given that Westinghouse Air Brake Technologies's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility.
根據我們的估值模型，美國西屋制動科技公司的公允價值約爲每股158.16美元，高於我們的內在價值約1.36％，這意味着如果您購買美國西屋制動科技股票，您將爲此支付相對公平的價格。如果您認爲該股票的真實價值是158.16美元，則目前的股價不會再有增長空間。那麼，未來還有低價購買的機會嗎？鑑於美國西屋制動科技公司的股價相對波動較大（即其價格變動相對於市場其他股票更加劇烈），這可能意味着價格會下跌，我們可以利用這一機會稍後購買。這是基於公司高Beta值的，這是股價波動性的一個良好指標。
Can we expect growth from Westinghouse Air Brake Technologies?
我們可以期待美國西屋制動科技的增長嗎？
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 54% over the next couple of years, the future seems bright for Westinghouse Air Brake Technologies. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
作爲投資人，如果您正在尋找組合中的增長股，則可能需要考慮公司的前景，然後再購買其股票。儘管價值投資者會認爲最重要的是相對於價格的內在價值，但更具吸引力的投資論點將是低價高增長潛力。根據預測，未來幾年利潤預計將增長54％，美國西屋制動科技公司的未來看來很光明。看起來，該股票的現金流將增加，這應該會使其股票估值提高。
What This Means For You
這對您意味着什麼？
Are you a shareholder? It seems like the market has already priced in WAB's positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?
您是一位股東嗎？市場已經爲WAB的積極前景定價，股票價格在公正價值範圍內進行交易。然而，還有其他重要的因素我們今天沒有考慮，例如公司的財務實力。自上次查看股票以來，這些因素是否發生了變化？如果股票價格波動到真實價值以下，您是否有足夠的信心購買？
Are you a potential investor? If you've been keeping tabs on WAB, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
如果您是潛在投資者，則可能會考慮公司前景，然後購買其股票。如果您一直關注WAB，當前不是購買的最佳時機，因爲股票價格已經接近公正價值。然而，公司具有樂觀前景，這意味着我們應該進一步考慮其資產負債表的財務實力等其他因素，以便利用下次的股價下跌。
With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. At Simply Wall St, we found 1 warning sign for Westinghouse Air Brake Technologies and we think they deserve your attention.
因此，在投資之前我們必須詳細了解風險。在 Simply Wall St。中，我們發現西屋制動科技公司有1個警告信號，我們認爲它們值得關注。
If you are no longer interested in Westinghouse Air Brake Technologies, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您對美國西屋制動科技公司不再感興趣，則可以使用我們的免費平台查看我們的其他50家高增長潛力股票列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。