HC Wainwright Has Negative Outlook for WPRT Q2 Earnings

Westport Fuel Systems Inc. (NASDAQ:WPRT) (TSE:WPRT) – Equities researchers at HC Wainwright cut their Q2 2025 earnings per share (EPS) estimates for Westport Fuel Systems in a research note issued to investors on Monday, May 19th. HC Wainwright analyst A. Dayal now forecasts that the auto parts company will earn ($0.45) per share for the quarter, down from their previous forecast of ($0.39). HC Wainwright has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for Westport Fuel Systems’ current full-year earnings is ($1.69) per share. HC Wainwright also issued estimates for Westport Fuel Systems’ Q3 2025 earnings at ($0.88) EPS, FY2025 earnings at ($2.13) EPS, FY2026 earnings at ($1.14) EPS, FY2027 earnings at ($0.89) EPS, FY2028 earnings at ($0.41) EPS and FY2029 earnings at ($0.37) EPS.

Other equities analysts have also recently issued reports about the company. Royal Bank of Canada cut their price target on Westport Fuel Systems from $8.00 to $4.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 1st. Cormark cut their price target on Westport Fuel Systems from $11.50 to $10.80 in a report on Tuesday, April 1st. Finally, StockNews.com started coverage on Westport Fuel Systems in a report on Friday, May 16th. They set a “hold” rating on the stock.

Westport Fuel Systems Price Performance

Westport Fuel Systems stock opened at $2.95 on Wednesday. The stock has a market capitalization of $51.11 million, a price-to-earnings ratio of -1.98 and a beta of 3.01. Westport Fuel Systems has a 52-week low of $2.50 and a 52-week high of $6.60. The stock’s 50 day moving average price is $3.11 and its two-hundred day moving average price is $3.77. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.00 and a current ratio of 1.60.

Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPRT) last announced its earnings results on Tuesday, May 13th. The auto parts company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.47) by $0.33. The business had revenue of $70.96 million for the quarter, compared to analysts’ expectations of $70.96 million. Westport Fuel Systems had a negative return on equity of 25.57% and a negative net margin of 8.01%.

Hedge Funds Weigh In On Westport Fuel Systems

Institutional investors have recently modified their holdings of the company. Parallel Advisors LLC acquired a new position in shares of Westport Fuel Systems during the first quarter worth approximately $40,000. Virtu Financial LLC acquired a new position in shares of Westport Fuel Systems during the first quarter worth approximately $41,000. TD Waterhouse Canada Inc. raised its position in shares of Westport Fuel Systems by 2,384.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 16,374 shares of the auto parts company’s stock worth $57,000 after purchasing an additional 15,715 shares during the period. Millennium Management LLC acquired a new position in shares of Westport Fuel Systems during the fourth quarter worth approximately $149,000. Finally, Wealthquest Corp acquired a new position in shares of Westport Fuel Systems during the first quarter worth approximately $925,000. 21.30% of the stock is owned by institutional investors and hedge funds.

About Westport Fuel Systems

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.