NASDAQ:WPRT

Westport Fuel Systems - WPRT Stock Forecast, Price & News

$0.92

+0.02 (+2.22%)

(As of 12/7/2022 12:00 AM ET)

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Today's Range: $0.90
▼
$0.94
50-Day Range: $0.76
▼
$1.01
52-Week Range: $0.75
▼
$2.73

Volume: 285,433 shs
Average Volume: 1.27 million shs
Market Capitalization: $157.59 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.75

Westport Fuel Systems MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 416.3% Upside
$4.75 Price Target
Short Interest: Healthy
1.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.16) to ($0.14) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Auto/Tires/Trucks Sector

50th out of 102 stocks

Engines & Turbines Industry

5th out of 6 stocks

3.3

Analyst's Opinion

Consensus Rating
Westport Fuel Systems has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.75, Westport Fuel Systems has a forecasted upside of 416.3% from its current price of $0.92.
Amount of Analyst Coverage
Westport Fuel Systems has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.55% of the float of Westport Fuel Systems has been sold short.
Short Interest Ratio / Days to Cover
Westport Fuel Systems has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in Westport Fuel Systems has recently decreased by 4.47%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Westport Fuel Systems does not currently pay a dividend.
Dividend Growth
Westport Fuel Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WPRT.

2.7

News and Social Media Coverage

News Sentiment
Westport Fuel Systems has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Westport Fuel Systems this week, compared to 0 articles on an average week.
Search Interest
Only 7 people have searched for WPRT on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Westport Fuel Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Westport Fuel Systems insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 15.94% of the stock of Westport Fuel Systems is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Westport Fuel Systems are expected to grow in the coming year, from ($0.16) to ($0.14) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Westport Fuel Systems is -13.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Westport Fuel Systems is -13.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Westport Fuel Systems has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Westport Fuel Systems (NASDAQ:WPRT) Stock

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications worldwide. The company operates through Original Equipment Manufacturer and Independent Aftermarket segments. It offers alternative fuel systems and components, which include a range of alternative fuels, such as liquefied petroleum gas, compressed natural gas, liquefied natural gas, renewable natural gas, and hydrogen; and independent aftermarket, light and heavy-duty original equipment manufacturers (OEMs) and delayed OEMs, electronics, hydrogen, and fuel storage activities. The company also provides Westport High Pressure Direct Injection 2.0, a fully integrated fuel systems that enables diesel engines using primarily natural gas fuel to match the power, torque, and fuel economy benefits found in traditional compression ignition diesel engines, which reduces greenhouse gas emissions. Its products and services are used for passenger cars; light-, medium-, and heavy-duty trucks; and cryogenics and hydrogen applications under the Cummins Westport, BRC Gas Equipment, Westport, OMVL, Prins, GFi Control systems, Emer, Zavoli, TA Gas Technology, Valtek, and AFS brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

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WPRT Stock News Headlines

December 7, 2022 | ca.finance.yahoo.com

Westport Awarded Program to Supply Euro 7 LPG Fuel Systems to Global OEM

November 29, 2022 | finance.yahoo.com

Westport to provide strategic update and deep dive into H2 HPDI fuel system at its 2022 Capital Markets Day

November 9, 2022 | seekingalpha.com

Westport Fuel Systems: Scania And M&A Could Push The Price Up

November 8, 2022 | seekingalpha.com

Westport Fuel Systems Inc. (WPRT) Q3 2022 Earnings Call Transcript

November 8, 2022 | finance.yahoo.com

Westport Innovations (WPRT) Reports Q3 Loss, Misses Revenue Estimates

November 7, 2022 | finance.yahoo.com

Westport Receives Nasdaq Notification Regarding Minimum Bid Price Compliance

November 7, 2022 | finance.yahoo.com

Westport Fuel Systems Reports Third Quarter 2022 Financial Results

October 11, 2022 | theglobeandmail.com

Westport Fuel Systems: Top 10 Undervalued Vehicles & Parts Industry Stocks (WPRT)

August 10, 2022 | fool.com

Westport Fuel Systems Inc. (WPRT) Q2 2022 Earnings Call Transcript

August 8, 2022 | finanznachrichten.de

Westport Fuel Systems Inc: Westport Fuel Systems Reports Second Quarter 2022 Financial Results

August 8, 2022 | finance.yahoo.com

Westport Fuel Systems Reports Second Quarter 2022 Financial Results

July 18, 2022 | finance.yahoo.com

Westport Fuel Systems to Issue Second Quarter 2022 Financial Results on Monday, August 8, 2022

July 13, 2022 | marketwatch.com

Westport Fuel Systems Awarded EUR38 Million Program to Supply LPG Fuel Systems to a Global OEM

June 27, 2022 | finance.yahoo.com

Custom Truck One Source, Inc. (CTOS) Stock Jumps 9.1%: Will It Continue to Soar?

June 25, 2022 | finance.yahoo.com

The past year for Westport Fuel Systems (TSE:WPRT) investors has not been profitable

May 16, 2022 | finance.yahoo.com

Westport Fuel Systems to Participate in Water Tower Research Fireside Chat Event May 20, 2022 at 11:00am ET

May 5, 2022 | finance.yahoo.com

Velodyne Lidar, Inc. (VLDR) Reports Q1 Loss, Tops Revenue Estimates

May 5, 2022 | finanznachrichten.de

Westport Fuel Systems Inc: Westport Fuel Systems Publishes 2022 Annual and Special Meeting of Shareholders Results

May 5, 2022 | finance.yahoo.com

Westport Fuel Systems Publishes 2022 Annual and Special Meeting of Shareholders Results

April 20, 2022 | finance.yahoo.com

Westport Fuel Systems to Announce First Quarter 2022 Financial Results on Friday, May 6, 2022

April 13, 2022 | finance.yahoo.com

Westport Fuel Systems: Down But Not Quite Totally Out

March 23, 2022 | finance.yahoo.com

Need To Know: Analysts Just Made A Substantial Cut To Their Westport Fuel Systems Inc. (TSE:WPRT) Estimates

March 17, 2022 | stocknews.com

Down 35% YTD, is Now a Good Time to Buy Westport Fuel Systems?

March 15, 2022 | fool.com

Westport Fuel Systems Inc. (WPRT) Q4 2021 Earnings Call Transcript

March 14, 2022 | finanznachrichten.de

Westport Fuel Systems Inc: Westport Fuel Systems Reports Fourth Quarter and Full-Year 2021 Financial Results

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WPRT Company Calendar

Last Earnings: 11/08/2021
Today: 12/07/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 3/13/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Engines & turbines
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:WPRT
CUSIP: N/A
CIK: 1370416
Web: www.wfsinc.com
Phone: (604) 718-2000
Fax: 1-604-718-2001
Employees: 1,797
Year Founded: 1989

Price Target and Rating

Average Stock Price Forecast: $4.75
High Stock Price Forecast: $7.00
Low Stock Price Forecast: $2.50
Forecasted Upside/Downside: +416.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.07)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $13.66 million
Net Margins: -3.38%
Pretax Margin: -3.30%
Return on Equity: -11.10%
Return on Assets: -5.85%

Debt

Debt-to-Equity Ratio: 0.15
Current Ratio: 2.33
Quick Ratio: 1.61

Sales & Book Value

Annual Sales: $312.41 million
Price / Sales: 0.50
Cash Flow: $0.12 per share
Price / Cash Flow: 7.95
Book Value: $1.38 per share
Price / Book: 0.67

Miscellaneous

Outstanding Shares: 171,296,000
Free Float: N/A
Market Cap: $157.59 million
Optionable: Optionable
Beta: 2.35

Social Links

Key Executives

Mr. David M. Johnson (Age 55)
CEO & Director
Comp: $904.75k

Mr. Richard J. Orazietti (Age 53)
Chief Financial Officer
Comp: $446.51k

Mr. Nicola Cosciani
Exec. VP of Global Operations

Mr. Lance Garner Follett
Chief Legal Officer & Exec. VP

Mr. Bart van Aerle (Age 49)
VP of Product & Bus. Strategy
Comp: $353.36k

Mr. William Edward Larkin (Age 52)
Chief Financial Officer

Mr. Marco Seimandi (Age 56)
VP of Sales & Marketing

Mr. Solomon Samuel
VP of Global HR

Dr. Melih Ogmen
Chief Technology Officer of Applied Technologies

Mr. Tim Smith
Exec. VP & Chief of Staff

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WPRT Stock - Frequently Asked Questions

Should I buy or sell Westport Fuel Systems stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Westport Fuel Systems in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WPRT shares.
View WPRT analyst ratings or view top-rated stocks.
What is Westport Fuel Systems' stock price forecast for 2023?: 2 brokers have issued 12 month price objectives for Westport Fuel Systems' shares. Their WPRT share price forecasts range from $2.50 to $7.00. On average, they anticipate the company's stock price to reach $4.75 in the next year. This suggests a possible upside of 416.3% from the stock's current price.
View analysts price targets for WPRT or view top-rated stocks among Wall Street analysts.
How have WPRT shares performed in 2022?: Westport Fuel Systems' stock was trading at $2.37 on January 1st, 2022. Since then, WPRT stock has decreased by 61.2% and is now trading at $0.92.
View the best growth stocks for 2022 here.
When is Westport Fuel Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 13th 2023.
View our WPRT earnings forecast.
How were Westport Fuel Systems' earnings last quarter?: Westport Fuel Systems Inc. (NASDAQ:WPRT) issued its earnings results on Monday, November, 8th. The auto parts company reported ($0.03) EPS for the quarter. The auto parts company had revenue of $74.30 million for the quarter, compared to the consensus estimate of $85.56 million. Westport Fuel Systems had a negative trailing twelve-month return on equity of 11.10% and a negative net margin of 3.38%. The firm's revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the firm posted $0.01 EPS.
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 Gran Tierra Energy (GTE), ADMA Biologics (ADMA), Clean Energy Fuels (CLNE), CNBX Pharmaceuticals (CNBX), Pennsylvania Real Estate Investment Trust (PEI), Enerplus (ERF), Matinas BioPharma (MTNB), Tilly's (TLYS), KushCo (KSHB) and OrganiGram (OGI).

What is Westport Fuel Systems' stock symbol?: Westport Fuel Systems trades on the NASDAQ under the ticker symbol "WPRT."
Who are Westport Fuel Systems' major shareholders?: Westport Fuel Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Grace & White Inc. NY (1.83%), Baird Financial Group Inc. (1.80%), AMH Equity Ltd (1.17%), Renaissance Technologies LLC (0.47%), Two Sigma Advisers LP (0.41%) and Royce & Associates LP (0.34%).
How do I buy shares of Westport Fuel Systems?: Shares of WPRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Westport Fuel Systems' stock price today?: One share of WPRT stock can currently be purchased for approximately $0.92.
How much money does Westport Fuel Systems make?: Westport Fuel Systems (NASDAQ:WPRT) has a market capitalization of $157.59 million and generates $312.41 million in revenue each year. The auto parts company earns $13.66 million in net income (profit) each year or ($0.07) on an earnings per share basis.
How many employees does Westport Fuel Systems have?: The company employs 1,797 workers across the globe.
How can I contact Westport Fuel Systems?: Westport Fuel Systems' mailing address is 101-1750 WEST 75TH AVENUE, VANCOUVER A1, V6P 6G2. The official website for the company is www.wfsinc.com. The auto parts company can be reached via phone at (604) 718-2000, via email at invest@westport.com, or via fax at 1-604-718-2001.

This page (NASDAQ:WPRT) was last updated on 12/8/2022 by MarketBeat.com Staff

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