Wabtec Corporate (WAB)
Wabtec Corporate Beneish M-Score: -2.393
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WAB Beneish M-Score Rankings
| Overall | 32nd percentile | 2544 of 3771 |
| Sector | 29th percentile | 551 of 786 in Services |
| Industry | 35th percentile | 9 of 14 in Railroads |
WAB Beneish M-Score Range, Past 5 Years
| Minimum | -2.867 | Jun 2007 |
| Maximum | -2.269 | Dec 2008 |
| Average | -2.498 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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WAB News
Wabtec Signs Contracts To Provide Components For 473 Subway Cars For New York City
May 24, 9:04AM PR Newswire
May 24, 9:04AM PR Newswire
$WAB forms bearish "Megaphone Top" chart pattern. http://stks.co/3t3K
about 15 days ago by RecogniaEvents
about 15 days ago by RecogniaEvents
Wabtec Announces Another Big Dividend Hike, But Yield Remains Tiny: http://stks.co/3rVu $WAB
about 16 days ago by DynamicDividend
about 16 days ago by DynamicDividend
$WAB ups dividend by 150%, great company if you're looking for a transport play
about 16 days ago by ldrogen
about 16 days ago by ldrogen
Wabtec Increases Dividend; Shareholders Approve Company Proposals At Annual Meeting
May 16, 4:08PM PR Newswire
May 16, 4:08PM PR Newswire
Some Numbers at Westinghouse Air Brake Technologies that Make Your Stock Look Good
May 15, 12:57PM Fool
May 15, 12:57PM Fool
$WAB http://stks.co/3bh1 Trendline from the 2008 highs thru the 2011 highs is proving a challenge for several leaders. $TRMB
about 31 days ago by hertcapital
about 31 days ago by hertcapital
Exited $SMP $EPAY longs, $TJX $WAB shorts for 5-day avg loss of 0.41%
about 37 days ago by TrendExhaustion
about 37 days ago by TrendExhaustion
KeyBanc Downgrades Wabtec (WAB) to Hold; Quality Name, But Not Chasing It
Apr 25, 7:31AM Street Insider
Apr 25, 7:31AM Street Insider
Westinghouse Air Brake Technologies' CEO Discusses Q1 2012 Results - Earnings Call Transcript
Apr 24, 2:30PM Seeking Alpha
Apr 24, 2:30PM Seeking Alpha
Listen to $WAB Q1 2012 earnings call - live at 10:00 AM, ondemand after - http://stks.co/3Tph
about 38 days ago by earningscast
about 38 days ago by earningscast
Wabtec Reports Record Quarterly Sales and Earnings; 1Q EPS of $1.22, Up 44 Percent
Apr 24, 8:04AM PR Newswire
Apr 24, 8:04AM PR Newswire
$WAB wanting to break out here. #179 out of 2,821 stock in Best Stocks Now App. Momentum plus Value-the best of both worlds.
about 45 days ago by billgunderson
about 45 days ago by billgunderson
Good eye... RT @hertcapital $WAB http://stks.co/3Mk6 Faces a LT technical challenge right here.
about 46 days ago by chartly
about 46 days ago by chartly
$WAB http://stks.co/3MiP Faces a LT technical challenge right here.
about 46 days ago by hertcapital
about 46 days ago by hertcapital
$WAB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3Kmf
about 49 days ago by MarketBrief
about 49 days ago by MarketBrief
RT @SullyCNBC Most bullish news I'm seeing today: $WAB forecast raise. Says rail demand strong. Boosts EPS to 4.80 from $.30 vs 3.54 last yr
about 50 days ago by 1973Hog
about 50 days ago by 1973Hog
$WAB saying it is seeing strong order demand for its products definitely boosting railroad stocks today.
about 50 days ago by sld1986
about 50 days ago by sld1986
Wabtec Expects 1Q EPS of About $1.20; Increases 2012 EPS Guidance to About $4.80
Apr 12, 8:07AM PR Newswire
Apr 12, 8:07AM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WAB | 70.85 | -1.76 | -2.42% | 3.487B |
| VZ | 41.15 | -0.49 | -1.18% | 118.07B |
| VYFC | 7.80 | +0.04 | +0.52% | 36.97M |
| VXUS | 38.98 | -0.88 | -2.21% | |
| VXF | 53.50 | -1.20 | -2.19% | |
| VVUS | 23.71 | -1.08 | -4.36% | 2.429B |
| VVTV | 1.69 | -0.05 | -2.87% | 84.48M |
| VVR | 4.65 | +0.02 | +0.43% | |
| VVI | 17.37 | -0.34 | -1.92% | 356.86M |
| VVC | 28.75 | -0.57 | -1.94% | 2.404B |