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Westport Fuel Systems (WPRT) Set to Announce Quarterly Earnings on Tuesday

Westport Fuel Systems logo with Auto/Tires/Trucks background

Westport Fuel Systems (NASDAQ:WPRT - Get Free Report) TSE: WPRT is set to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.41) per share for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Westport Fuel Systems (NASDAQ:WPRT - Get Free Report) TSE: WPRT last released its quarterly earnings data on Tuesday, August 13th. The auto parts company reported ($0.43) EPS for the quarter, topping the consensus estimate of ($0.55) by $0.12. Westport Fuel Systems had a negative net margin of 10.18% and a negative return on equity of 29.81%. The company had revenue of $88.64 million during the quarter, compared to the consensus estimate of $86.23 million. On average, analysts expect Westport Fuel Systems to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Westport Fuel Systems Stock Performance

Westport Fuel Systems stock traded down $0.02 during mid-day trading on Tuesday, reaching $4.05. The company's stock had a trading volume of 79,511 shares, compared to its average volume of 43,372. The company has a market capitalization of $69.90 million, a P/E ratio of -2.08 and a beta of 2.84. The firm's fifty day moving average price is $4.74 and its two-hundred day moving average price is $5.46. Westport Fuel Systems has a 12-month low of $4.00 and a 12-month high of $7.86. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.10 and a current ratio of 1.54.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WPRT. StockNews.com raised Westport Fuel Systems from a "sell" rating to a "hold" rating in a report on Wednesday, August 14th. HC Wainwright reissued a "buy" rating and issued a $22.00 price target on shares of Westport Fuel Systems in a report on Thursday, August 15th. Finally, Royal Bank of Canada reduced their price objective on shares of Westport Fuel Systems from $9.00 to $8.00 and set a "sector perform" rating for the company in a research note on Thursday, August 15th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Westport Fuel Systems presently has an average rating of "Hold" and a consensus target price of $14.13.

Check Out Our Latest Stock Report on Westport Fuel Systems

Westport Fuel Systems Company Profile

(Get Free Report)

Westport Fuel Systems Inc engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket.

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Earnings History for Westport Fuel Systems (NASDAQ:WPRT)

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