Wabtec: Not Leaving The Station

Summary

  • Wabtec has been hit by the pandemic and only has seen a partial recovery in 2021.
  • This feels a bit disappointing as I have some doubts on the operating execution.
  • Shares have done quite well, resulting in higher earnings multiples awarded to the business, with the valuation getting quite full here.
  • Looking for more investing ideas like this one? Get them exclusively at Value In Corporate Events. Learn More »

Het gebouw van de Corporatie van Wabtec in Pittsburgh, Pennsylvania, de V.S.

JHVEPhoto/iStock Editorial via Getty Images

Wabtec (NYSE:WAB) started 2022 with a bolt-on deal, as it reached a $34 million deal to acquire MASU's railway friction business. Given the price tag, this is a bolt-on deal for the company the size of

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This article was written by

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The Value Investor has a Master of Science with specialization in financial markets and a decade of experience tracking companies via catalytic company events.

As the leader of the investing group Value In Corporate Events they provide members with opportunities to capitalize on IPOs, mergers & acquisitions, earnings reports and changes in corporate capital allocation. Coverage includes 10 major events a month with an eye towards finding the best opportunities. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of WAB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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