NASDAQ:WPRT - Westport Fuel Systems Stock Price, News, & Analysis

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$1.50 0.00 (0.00 %)
(As of 03/22/2019 10:38 AM ET)
Previous Close$1.50
Today's Range$1.48 - $1.53
52-Week Range$1.17 - $3.77
Volume86,172 shs
Average Volume612,019 shs
Market Capitalization$199.41 million
P/E Ratio-4.84
Dividend YieldN/A
Beta2.61
Westport Fuel Systems Inc. engineers, manufactures, and supplies alternative fuel systems and components for the transportation and industrial markets worldwide. It operates through Transportation and Cummins Westport Inc. Joint Venture segments. The company designs, manufactures, and sells compressed natural gas (CNG) and liquid petroleum gas (LPG) components and systems, such as pressure regulators, injectors, electronic control units, valves, and filters, as well as bi-fuel, mono-fuel, and dual-fuel LPG and CNG conversion kits for passenger cars, light-duty trucks, and medium-duty vehicles, including original engine manufacture (OEM), delayed OEM, and aftermarket segments. It also designs, manufactures, and sells a range of CNG compressors and refueling systems for individuals or small fleets; and LPG injection and natural gas fuel systems, and CNG and LPG systems. In addition, the company offers Westport HPDI 2.0, a complete fully-OEM-integrated system that enables heavy-duty trucks to operate on natural gas; high efficiency spark ignited natural gas system; cryogenic tank and pump products; and cryogenic pumps used in mining, rail, marine, and oil and gas applications. Further, the company offers natural gas or propane engines for transit, school, and shuttle buses; conventional trucks and tractors; refuse collection trucks; and specialty vehicles, such as short-haul port drayage trucks and street sweepers. Westport Fuel Systems Inc. markets its products primarily under the BRC, Prins, Zavoli, OMVL, TA Gas Technology, Valtek, Emer, and CUBOGAS brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. The company was founded in 1995 and is headquartered in Vancouver, Canada.

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Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:WPRT
CUSIPN/A
Phone1-604-718-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$270.28 million
Book Value$0.90 per share

Profitability

Net Income$-9,970,000.00

Miscellaneous

Employees1,341
Market Cap$199.41 million
Next Earnings Date5/9/2019 (Estimated)
OptionableOptionable

Westport Fuel Systems (NASDAQ:WPRT) Frequently Asked Questions

What is Westport Fuel Systems' stock symbol?

Westport Fuel Systems trades on the NASDAQ under the ticker symbol "WPRT."

How were Westport Fuel Systems' earnings last quarter?

Westport Fuel Systems Inc (NASDAQ:WPRT) posted its quarterly earnings results on Tuesday, March, 19th. The auto parts company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by $0.04. The auto parts company earned $60.50 million during the quarter, compared to analyst estimates of $62.15 million. Westport Fuel Systems had a negative return on equity of 41.24% and a negative net margin of 11.49%. The company's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.14) earnings per share. View Westport Fuel Systems' Earnings History.

When is Westport Fuel Systems' next earnings date?

Westport Fuel Systems is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Westport Fuel Systems.

What guidance has Westport Fuel Systems issued on next quarter's earnings?

Westport Fuel Systems issued an update on its FY 2019 earnings guidance on Tuesday, March, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $265-295 million, compared to the consensus revenue estimate of $294.17 million.

What price target have analysts set for WPRT?

3 Wall Street analysts have issued twelve-month price targets for Westport Fuel Systems' shares. Their predictions range from $3.00 to $6.00. On average, they anticipate Westport Fuel Systems' stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 233.3% from the stock's current price. View Analyst Price Targets for Westport Fuel Systems.

What is the consensus analysts' recommendation for Westport Fuel Systems?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westport Fuel Systems in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westport Fuel Systems.

What are Wall Street analysts saying about Westport Fuel Systems stock?

Here are some recent quotes from research analysts about Westport Fuel Systems stock:
  • 1. HC Wainwright analysts commented, "We believe that investors seeking growth opportunities within the alternative fuel industry should find WPRT’s market position attractive. Before merging with Fuel Systems, WPRT was already a significant player in the heavy-duty vehicular vertical; the merger further expanded the company’s capabilities into fuel storage and strengthened its reach into light-duty automotive verticals." (1/15/2019)
  • 2. According to Zacks Investment Research, "Over a month, shares of Westport Fuel have underperformed the industry it belongs to. Further, raised tariffs on raw materials imported from China to the United States will hike costs for the company. Also, technological developments for adding products in the portfolio might increase research development costs for Westport Fuel. Westport Fuel Systems is facing challenges due to fluctuations in foreign currency exchange rates." (1/6/2019)

Has Westport Fuel Systems been receiving favorable news coverage?

Headlines about WPRT stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Westport Fuel Systems earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Westport Fuel Systems?

Westport Fuel Systems saw a increase in short interest in the month of February. As of February 15th, there was short interest totalling 870,234 shares, an increase of 48.1% from the January 31st total of 587,631 shares. Based on an average daily volume of 1,290,746 shares, the days-to-cover ratio is presently 0.7 days. View Westport Fuel Systems' Current Options Chain.

Who are some of Westport Fuel Systems' key competitors?

What other stocks do shareholders of Westport Fuel Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westport Fuel Systems investors own include Clean Energy Fuels (CLNE), Cheniere Energy (LNG), Ford Motor (F), General Electric (GE), Chesapeake Energy (CHK), Tesla (TSLA), Micron Technology (MU), Alibaba Group (BABA), Verizon Communications (VZ) and 3D Systems (DDD).

Who are Westport Fuel Systems' key executives?

Westport Fuel Systems' management team includes the folowing people:
  • Mr. Thomas G. Rippon, CTO & Exec. VP (Age 65)
  • Mr. James D. Arthurs, Exec. VP of Electronics Group (Age 60)
  • Mr. Ashoka Achuthan, Advisor (Age 62)
  • Mr. David M. Johnson, CEO & Director
  • Mr. James Mckenzie MacCallum, Acting CFO, Vice-Pres of Fin. and Corp. Controller

Who are Westport Fuel Systems' major shareholders?

Westport Fuel Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (5.43%), Pembroke Management LTD (3.66%), Grace & White Inc. NY (1.48%), RK Capital Management LLC (0.97%), Connor Clark & Lunn Investment Management Ltd. (0.44%) and Telos Capital Management Inc. (0.32%).

Which major investors are selling Westport Fuel Systems stock?

WPRT stock was sold by a variety of institutional investors in the last quarter, including Pembroke Management LTD, Connor Clark & Lunn Investment Management Ltd., Granite Investment Partners LLC and Raymond James & Associates.

Which major investors are buying Westport Fuel Systems stock?

WPRT stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Telos Capital Management Inc., Grace & White Inc. NY, RK Capital Management LLC, Millennium Management LLC, Worth Venture Partners LLC, Trellus Management Company LLC and Virtu Financial LLC.

How do I buy shares of Westport Fuel Systems?

Shares of WPRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Westport Fuel Systems' stock price today?

One share of WPRT stock can currently be purchased for approximately $1.50.

How big of a company is Westport Fuel Systems?

Westport Fuel Systems has a market capitalization of $199.41 million and generates $270.28 million in revenue each year. The auto parts company earns $-9,970,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis. Westport Fuel Systems employs 1,341 workers across the globe.

What is Westport Fuel Systems' official website?

The official website for Westport Fuel Systems is http://www.wfsinc.com.

How can I contact Westport Fuel Systems?

Westport Fuel Systems' mailing address is 1750 WEST 75TH AVENUE SUITE 101, VANCOUVER A1, V6P 6G2. The auto parts company can be reached via phone at 1-604-718-2000 or via email at [email protected]


MarketBeat Community Rating for Westport Fuel Systems (NASDAQ WPRT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  352 (Vote Underperform)
Total Votes:  646
MarketBeat's community ratings are surveys of what our community members think about Westport Fuel Systems and other stocks. Vote "Outperform" if you believe WPRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WPRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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