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

Company Overview

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. It offers alternative fuel systems and components, such as liquefied petroleum gas (LPG), compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas or biomethane, and hydrogen; and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits and high-pressure hydrogen components. The company provides Westport's LNG high pressure direct injection 2.0 fuel system and bi-fuel products; offers turnkey solutions covering all process phases, including prototyping, development, calibration, validation, homologation, vehicle conversion and logistic services, as well as systems for diesel-powered vehicles; and supplies hydrogen fuel system components for light, medium, and heavy-duty applications. It offers its products under the AFS, BRC, Emer, GFI, HPDI, Stako, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, and Valtek 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.

Key Stats

• Today's Range: $4.29 to $4.50
• 50-Day Range: $3.99 to $4.92
• 52-Week Range: $3.91 to $7.86
• Volume: 115,401 shs
• Average Volume: 73,337 shs
• Market Capitalization: $76.46 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.13
• Consensus Rating: Moderate Buy

Westport Fuel Systems Stock Analysis - MarketRank™

Westport Fuel Systems scored higher than 33% of companies evaluated by MarketBeat, and ranked 68th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

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.

Amount of Analyst Coverage

Westport Fuel Systems has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Westport Fuel Systems are expected to grow in the coming year, from ($1.74) to ($0.82) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Westport Fuel Systems is -2.97, 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 -2.97, 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 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.02% 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 13, which indicates bearish sentiment.

Change versus previous month

Short interest in Westport Fuel Systems has recently increased by 3.27%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.02% 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 13, which indicates bearish sentiment.

Change versus previous month

Short interest in Westport Fuel Systems has recently increased by 3.27%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Westport Fuel Systems has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment 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.

Search Interest

4 people have searched for WPRT on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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 21.30% of the stock of Westport Fuel Systems is held by institutions.

WPRT Stock Analysis - Frequently Asked Questions

How have WPRT shares performed this year?

Westport Fuel Systems' stock was trading at $6.62 at the beginning of the year. Since then, WPRT stock has decreased by 33.1% and is now trading at $4.43.
View the best growth stocks for 2024 here.

How were Westport Fuel Systems' earnings last quarter?

Westport Fuel Systems Inc. (NASDAQ:WPRT) announced its quarterly earnings data on Tuesday, November, 12th. The auto parts company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.41) by $0.19. The auto parts company earned $66.25 million during the quarter, compared to analysts' expectations of $66.88 million. Westport Fuel Systems had a negative trailing twelve-month return on equity of 25.57% and a negative net margin of 8.01%.

When did Westport Fuel Systems' stock split?

Shares of Westport Fuel Systems reverse split 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.

Who are Westport Fuel Systems' major shareholders?

Top institutional shareholders of Westport Fuel Systems include Grace & White Inc. NY (4.32%) and US Bancorp DE (1.09%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Westport Fuel Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Westport Fuel Systems investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/24/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Engines & turbines
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:WPRT
• CUSIP: N/A
• CIK: 1370416
• Web: www.wfsinc.com
• Phone: (604) 718-2000
• Fax: 1-604-718-2001
• Employees: 1,715
• Year Founded: 1989

Price Target and Rating

• Average Stock Price Target: $14.13
• High Stock Price Target: $22.00
• Low Stock Price Target: $7.50
• Potential Upside/Downside: +218.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.49)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-49,720,000.00
• Net Margins: -8.01%
• Pretax Margin: -7.07%
• Return on Equity: -25.57%
• Return on Assets: -11.61%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 1.60
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $331.80 million
• Price / Sales: 0.23
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.65 per share
• Price / Book: 0.51

Miscellaneous

• Outstanding Shares: 17,260,000
• Free Float: 17,123,000
• Market Cap: $76.46 million
• Optionable: Optionable
• Beta: 2.84