Should I buy or sell Westport Fuel Systems stock right now?

4 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WPRT shares. View WPRT analyst ratings or view top-rated stocks .

What is Westport Fuel Systems' stock price target for 2024?

4 brokers have issued twelve-month price targets for Westport Fuel Systems' stock. Their WPRT share price targets range from $10.00 to $30.00. On average, they predict the company's stock price to reach $17.25 in the next twelve months. This suggests a possible upside of 127.6% 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 2023?

Westport Fuel Systems' stock was trading at $7.7480 at the beginning of the year. Since then, WPRT shares have decreased by 2.2% and is now trading at $7.58. View the best growth stocks for 2023 here .

When is Westport Fuel Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 11th 2024. View our WPRT earnings forecast .

How were Westport Fuel Systems' earnings last quarter?

Westport Fuel Systems Inc. (NASDAQ:WPRT) posted its quarterly earnings data on Tuesday, November, 7th. The auto parts company reported ($0.68) earnings per share for the quarter, beating analysts' consensus estimates of ($0.75) by $0.07. The auto parts company had revenue of $77.39 million for the quarter, compared to analysts' expectations of $76.54 million. Westport Fuel Systems had a negative trailing twelve-month return on equity of 26.26% and a negative net margin of 16.32%.

When did Westport Fuel Systems' stock split?

Shares of Westport Fuel Systems reverse split before market open on Tuesday, June 6th 2023. The 1-10 reverse split was announced on Tuesday, June 6th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 6th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

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) .

Who are Westport Fuel Systems' major shareholders?

Westport Fuel Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Grace & White Inc. NY (2.33%), AMH Equity Ltd (0.95%), Trellus Management Company LLC (0.48%), AE Wealth Management LLC (0.30%), Group One Trading L.P. (0.00%) and Simplex Trading LLC (0.00%).

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 .

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

$7.58

+0.38 (+5.28%)

(As of 05:28 PM ET)

Compare

Today's Range: $7.20
▼
$7.68
50-Day Range: $4.96
▼
$7.20
52-Week Range: $4.90
▼
$13.40

Volume: 65,034 shs
Average Volume: 52,954 shs
Market Capitalization: $130.15 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $17.25

Westport Fuel Systems MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 127.6% Upside
$17.25 Price Target
Short Interest: Bearish
2.71% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.45) to ($1.47) Per Share

Overall MarketRank^™

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

1.84 out of 5 stars

Auto/Tires/Trucks Sector

62nd out of 91 stocks

Engines & Turbines Industry

5th out of 5 stocks

3.3

Analyst's Opinion

Consensus Rating
Westport Fuel Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.25, Westport Fuel Systems has a forecasted upside of 127.6% from its current price of $7.58.
Amount of Analyst Coverage
Westport Fuel Systems has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
2.71% 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 10.2, which indicates bearish sentiment.
Change versus previous month
Short interest in Westport Fuel Systems has recently increased by 9.53%, indicating that investor sentiment is decreasing significantly.

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.

3.3

News and Social Media Coverage

News Sentiment
Westport Fuel Systems has a news sentiment score of 1.89. 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 0.56 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 1 article on an average week.
MarketBeat Follows
4 people have added Westport Fuel Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 Insiders
Only 0.82% of the stock of Westport Fuel Systems is held by insiders.
Percentage Held by Institutions
Only 9.87% 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 ($2.45) to ($1.47) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Westport Fuel Systems is -2.49, 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 -2.49, 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 0.76. 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 Stock (NASDAQ:WPRT)

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, the Americas, Asia, Africa, and internationally. 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 (LNG), renewable natural gas, and hydrogen; and engages in the light and heavy-duty original equipment manufacturers (OEMs) and delayed OEMs, electronics, and fuel storage activities. The company also provides Westport High Pressure Direct Injection 2.0, a fully integrated LNG 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 engines, which reduces greenhouse gas emissions. Its products and services are used for passenger cars; light-, medium-, and heavy-duty trucks, as well as off-road applications.; and cryogenics and hydrogen applications under the BRC Gas Equipment, Westport HPDI, OMVL, Prins, GFi Control systems, Emer, Zavoli, TA Gas Technology, Valtek, AFS, and STAKO 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.

WPRT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WPRT Stock News Headlines

November 9, 2023 | finance.yahoo.com

Westport Fuel Systems Inc. (NASDAQ:WPRT) Q3 2023 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

Westport Fuel Systems (WPRT) Q3 2023 Earnings Call Transcript

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 6, 2023 | finance.yahoo.com

Westport Announces Hydrogen HPDI™ Project with a Leading Global Locomotive Original Equipment Manufacturer

October 30, 2023 | finance.yahoo.com

CarParts.com (PRTS) Reports Q3 Loss, Lags Revenue Estimates

October 16, 2023 | finance.yahoo.com

Auto Roundup: GM's Deal With Unifor, UAW's Strike at F's Kentucky Plant & More

October 12, 2023 | finance.yahoo.com

Westport (WPRT) Pioneers Hydrogen-Driven Transport in Madrid

October 10, 2023 | finanznachrichten.de

Westport Fuel Systems Inc.: Westport Collaborates with Transportation and Energy Partners on Hydrogen-Powered Heavy Truck Demonstration in Spain

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 10, 2023 | finance.yahoo.com

Westport Collaborates with Transportation and Energy Partners on Hydrogen-Powered Heavy Truck Demonstration in Spain

August 9, 2023 | finance.yahoo.com

Westport Fuel Systems (WPRT) Q2 2023 Earnings Call Transcript

July 21, 2023 | finance.yahoo.com

Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport

July 20, 2023 | prnewswire.com

Le groupe Volvo et Westport signent une lettre d'intention pour créer une coentreprise visant à réduire les émissions de CO2 des transports longue distance

July 19, 2023 | finance.yahoo.com

Volvo Group surges to Q2 profit record amid signs of cooldown

July 19, 2023 | finanznachrichten.de

Westport Fuel Systems Inc.: Volvo Group and Westport Sign Letter of Intent to Establish Joint Venture to Reduce CO2 Emissions from Long-Haul Transport

July 1, 2023 | prnewswire.com

Westport publie son rapport ESG 2022

June 7, 2023 | finance.yahoo.com

Westport (WPRT) Down 3.1% Since Last Earnings Report: Can It Rebound?

May 12, 2023 | theglobeandmail.com

Closing Bell: Westport Fuel Systems Inc up on Thursday (WPRT)

May 10, 2023 | seekingalpha.com

Westport Fuel Systems Inc. 2023 Q1 - Results - Earnings Call Presentation

May 9, 2023 | finance.yahoo.com

Westport Fuel Systems (WPRT) Q1 2023 Earnings Call Transcript

May 9, 2023 | seekingalpha.com

Westport Fuel Systems GAAP EPS of -$0.06 beats by $0.02, revenue of $82.2M beats by $4.25M

May 8, 2023 | finance.yahoo.com

Westport Fuel Systems Reports First Quarter 2023 Financial Results

May 8, 2023 | msn.com

Westport Fuel Systems Q1 2023 Earnings Preview

May 2, 2023 | finance.yahoo.com

Westport Showcases its Market Ready HPDI™ Fuel System, A Single Solution for Multiple Fuels at ACT Expo 2023

April 19, 2023 | finance.yahoo.com

Westport to Issue First Quarter 2023 Financial Results on Monday, May 8, 2023

April 14, 2023 | finance.yahoo.com

Westport Files Replacement Preliminary Short Form Base Shelf Prospectus

April 12, 2023 | finance.yahoo.com

Why Is Westport (WPRT) Down 3.8% Since Last Earnings Report?

See More Headlines

Receive WPRT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Westport Fuel Systems and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/07/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/11/2024

Get Stock Alerts

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: 1,820
Year Founded: 1989

Price Target and Rating

Average Stock Price Target: $17.25
High Stock Price Target: $30.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +128.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-32,690,000.00
Net Margins: -16.32%
Pretax Margin: -15.83%
Return on Equity: -26.26%
Return on Assets: -12.93%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 1.72
Quick Ratio: 1.14

Sales & Book Value

Annual Sales: $305.70 million
Price / Sales: 0.42
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $9.97 per share
Price / Book: 0.76

Miscellaneous

Outstanding Shares: 17,170,000
Free Float: 17,034,000
Market Cap: $129.81 million
Optionable: Optionable
Beta: 2.45

Social Links

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Anthony Robert Guglielmin BA(Econ) (Age 65)
CFA, MBA, Independent Interim CEO & Director
Comp: $74.5k
Mr. William Edward Larkin (Age 53)
Chief Financial Officer
Comp: $1.23M
Mr. Lance Garner Follett
Chief Legal Officer & Executive VP
Mr. Tim Smith
Executive VP & Chief of Staff
Mr. Fabien Redon
CTO & Executive VP of Product Development
Ms. Ashley Nuell
Senior Director of Investor Relations
Mr. Marco Seimandi (Age 57)
Vice President of Sales & Marketing
Mr. Bart van Aerle (Age 50)
Executive Vice President of IAM & LD OEM
Comp: $353.36k
Mr. Frank Luigi Spiniello
Vice-President Finance Operations
Mr. Hitendra Mishra
Managing Director of India

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

WPRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Westport Fuel Systems stock right now?: 4 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WPRT shares.
View WPRT analyst ratings or view top-rated stocks.
What is Westport Fuel Systems' stock price target for 2024?: 4 brokers have issued twelve-month price targets for Westport Fuel Systems' stock. Their WPRT share price targets range from $10.00 to $30.00. On average, they predict the company's stock price to reach $17.25 in the next twelve months. This suggests a possible upside of 127.6% 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 2023?: Westport Fuel Systems' stock was trading at $7.7480 at the beginning of the year. Since then, WPRT shares have decreased by 2.2% and is now trading at $7.58.
View the best growth stocks for 2023 here.
When is Westport Fuel Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 11th 2024.
View our WPRT earnings forecast.
How were Westport Fuel Systems' earnings last quarter?: Westport Fuel Systems Inc. (NASDAQ:WPRT) posted its quarterly earnings data on Tuesday, November, 7th. The auto parts company reported ($0.68) earnings per share for the quarter, beating analysts' consensus estimates of ($0.75) by $0.07. The auto parts company had revenue of $77.39 million for the quarter, compared to analysts' expectations of $76.54 million. Westport Fuel Systems had a negative trailing twelve-month return on equity of 26.26% and a negative net margin of 16.32%.

When did Westport Fuel Systems' stock split?: Shares of Westport Fuel Systems reverse split before market open on Tuesday, June 6th 2023. The 1-10 reverse split was announced on Tuesday, June 6th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 6th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
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).
Who are Westport Fuel Systems' major shareholders?: Westport Fuel Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Grace & White Inc. NY (2.33%), AMH Equity Ltd (0.95%), Trellus Management Company LLC (0.48%), AE Wealth Management LLC (0.30%), Group One Trading L.P. (0.00%) and Simplex Trading LLC (0.00%).
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.

This page (NASDAQ:WPRT) was last updated on 11/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial