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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westport Fuel Systems in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WPRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WPRT, but not buy additional shares or sell existing shares. View WPRT analyst ratings or view top-rated stocks .

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

5 brokers have issued 1-year target prices for Westport Fuel Systems' stock. Their WPRT share price targets range from $7.50 to $30.00. On average, they expect the company's share price to reach $15.10 in the next twelve months. This suggests a possible upside of 165.8% 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 2024?

Westport Fuel Systems' stock was trading at $6.62 on January 1st, 2024. Since then, WPRT stock has decreased by 14.2% and is now trading at $5.68. View the best growth stocks for 2024 here .

When is Westport Fuel Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our WPRT earnings forecast .

How were Westport Fuel Systems' earnings last quarter?

Westport Fuel Systems Inc. (NASDAQ:WPRT) announced its quarterly earnings data on Monday, March, 25th. The auto parts company reported ($0.81) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.62) by $0.19. The auto parts company earned $87.20 million during the quarter, compared to analysts' expectations of $82 million. Westport Fuel Systems had a negative trailing twelve-month return on equity of 26.18% and a negative net margin of 14.97%.

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) .

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. Compare Top Brokerages Here .

NASDAQ:WPRT

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

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$5.68

-0.04 (-0.70%)

(As of 04:24 PM ET)

Compare

Today's Range: $5.62
▼
$5.75
50-Day Range: $5.54
▼
$7.24
52-Week Range: $4.90
▼
$12.00

Volume: 39,484 shs
Average Volume: 50,172 shs
Market Capitalization: $97.53 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.10

Get Westport Fuel Systems alerts:

Westport Fuel Systems MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 165.8% Upside
$15.10 Price Target
Short Interest: Bearish
3.23% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.68
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.73) to ($1.07) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.68 out of 5 stars

Auto/Tires/Trucks Sector

58th out of 74 stocks

Engines & Turbines Industry

5th out of 5 stocks

3.2

Analyst's Opinion

Consensus Rating
Westport Fuel Systems has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Westport Fuel Systems has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.23% 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 9.6.
Change versus previous month
Short interest in Westport Fuel Systems has recently increased by 20.15%, 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.

3.2

News and Social Media Coverage

News Sentiment
Westport Fuel Systems has a news sentiment score of 0.68. 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 0.40 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Westport Fuel Systems this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for WPRT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
8 people have added Westport Fuel Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 167% 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 21.30% 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 ($1.73) to ($1.07) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Westport Fuel Systems is -1.99, 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 -1.99, 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 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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, 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.

WPRT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WPRT Stock News Headlines

April 18, 2024 | americanbankingnews.com

Q2 2024 Earnings Forecast for Westport Fuel Systems Inc. Issued By Zacks Research (NASDAQ:WPRT)

April 17, 2024 | americanbankingnews.com

Analysts Set Expectations for Westport Fuel Systems Inc.'s Q1 2026 Earnings (NASDAQ:WPRT)

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 11, 2024 | prnewswire.com

Westport's Alternative Fuel Technologies Can Play an Important Role in Meeting the Strengthened European Decarbonization Targets for Heavy-Duty Vehicles

April 10, 2024 | americanbankingnews.com

Westport Fuel Systems (NASDAQ:WPRT) Share Price Crosses Above 200-Day Moving Average of $6.22

March 28, 2024 | seekingalpha.com

Westport Fuel Systems - Uninspiring Quarter And Uncertain Outlook - Hold

March 27, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Westport Fuel Systems Amid Q4 Revenue Growth and Strategic Joint Ventures

March 26, 2024 | msn.com

Westport Fuel Systems declines 11% despite a surge in Q4 topline

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 25, 2024 | investorplace.com

WPRT Stock Earnings: Westport Fuel Systems Misses EPS, Beats Revenue for Q4 2023

March 12, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Barnes & Noble Education (BNED) and Westport Fuel Systems (WPRT)

March 11, 2024 | prnewswire.com

Westport Reschedules Q4 and 2023 Audited Financial Results Release to Post-Market on March 25, 2024

March 11, 2024 | marketwatch.com

Westport Shares Rally After JV Agreement Signed With Volvo

March 11, 2024 | finanznachrichten.de

Westport Fuel Systems Inc.: Westport Announces Signing of Investment Agreement to Establish Previously Announced Joint Venture with Volvo Group

March 11, 2024 | prnewswire.com

Westport Announces Signing of Investment Agreement to Establish Previously Announced Joint Venture with Volvo Group

March 4, 2024 | prnewswire.com

Westport to Issue Fourth Quarter 2023 Financial Results on March 18, 2024

February 26, 2024 | prnewswire.com

Westport Announces Methanol HPDI™ Project with a Leading Global Supplier of Power Solutions for Marine Applications

January 16, 2024 | finanznachrichten.de

Westport Fuel Systems Inc.: Westport Appoints Dan Sceli as Chief Executive Officer

January 16, 2024 | marketwatch.com

Westport Fuel Systems Appoints Dan Sceli to CEO Role

January 16, 2024 | msn.com

Westport Fuel Systems gets new CEO

January 16, 2024 | markets.businessinsider.com

Westport Fuel Systems Appoints Dan Sceli To Succeed Tony Guglielmin As CEO

January 16, 2024 | finance.yahoo.com

Westport Appoints Dan Sceli as Chief Executive Officer

January 13, 2024 | benzinga.com

Westport Fuel Systems Stock (NASDAQ:WPRT) Dividends: History, Yield and Dates

December 20, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Westport Fuel Systems (WPRT)

December 20, 2023 | finance.yahoo.com

Westport (WPRT) Gets $33M Contract From Truck Manufacturer

December 13, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These NA Stocks: Vista Outdoor (VSTO), Westport Fuel Systems (WPRT) and Ball (BALL)

November 9, 2023 | finance.yahoo.com

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

See More Headlines

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Company Calendar

Last Earnings: 3/25/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Engines & turbines
Sub-Industry: N/A
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: $15.10
High Stock Price Target: $30.00
Low Stock Price Target: $7.50
Potential Upside/Downside: +165.4%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.86)
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: -14.97%
Pretax Margin: -14.68%
Return on Equity: -26.18%
Return on Assets: -12.57%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 1.61
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: $331.80 million
Price / Sales: 0.29
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $9.34 per share
Price / Book: 0.61

Miscellaneous

Outstanding Shares: 17,170,000
Free Float: 17,034,000
Market Cap: $97.70 million
Optionable: Optionable
Beta: 2.45

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Key Executives

Mr. William Edward Larkin (Age 54)
Chief Financial Officer
Comp: $1.23M
Mr. Lance Garner Follett
Chief Legal Officer & Executive VP
Mr. Daniel Sceli
CEO & Director
Ms. Ashley Nuell
Senior Director of Investor Relations
Mr. Bart van Aerle (Age 51)
Executive Vice President of IAM & LD OEM
Comp: $353.36k
Mr. Frank Luigi Spiniello
Vice-President Finance Operations
Jeremy Chan
Associate General Counsel & Corporate Secretary
Mr. Maurizio Grando
Executive Vice President of Applied Technologies Group

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?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westport Fuel Systems in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WPRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WPRT, but not buy additional shares or sell existing shares.
View WPRT analyst ratings or view top-rated stocks.
What is Westport Fuel Systems' stock price target for 2024?: 5 brokers have issued 1-year target prices for Westport Fuel Systems' stock. Their WPRT share price targets range from $7.50 to $30.00. On average, they expect the company's share price to reach $15.10 in the next twelve months. This suggests a possible upside of 165.8% 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 2024?: Westport Fuel Systems' stock was trading at $6.62 on January 1st, 2024. Since then, WPRT stock has decreased by 14.2% and is now trading at $5.68.
View the best growth stocks for 2024 here.
When is Westport Fuel Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our WPRT earnings forecast.

How were Westport Fuel Systems' earnings last quarter?: Westport Fuel Systems Inc. (NASDAQ:WPRT) announced its quarterly earnings data on Monday, March, 25th. The auto parts company reported ($0.81) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.62) by $0.19. The auto parts company earned $87.20 million during the quarter, compared to analysts' expectations of $82 million. Westport Fuel Systems had a negative trailing twelve-month return on equity of 26.18% and a negative net margin of 14.97%.
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).
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.
Compare Top Brokerages Here.

This page (NASDAQ:WPRT) was last updated on 4/18/2024 by MarketBeat.com Staff

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

Westport Fuel Systems MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Westport Fuel Systems Stock (NASDAQ:WPRT)

WPRT Stock Price History

WPRT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

WPRT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™