Westport Fuel SystemsWPRT
Market Cap: $94.1M
About: Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three operating segments; the Original Equipment Manufacturers segment-design, manufacture, and sell alternative fuel systems, components and electronics, and related engineering services, to OEMs that serve light-duty, medium-duty, and heavy-duty customers, the Independent Aftermarket segment includes IAM products, conversion kits, and components allow for the conversion of vehicles after being sold to the end-user through a network of dealers and installers, and Corporate includes public company activities, corporate oversight, financing, and capital allocation.
Employees: 1,715
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1.69% less ownership
Funds ownership: 11.5% [Q1] → 9.81% (-1.69%) [Q2]
6% less funds holding
Funds holding: 47 [Q1] → 44 (-3) [Q2]
10% less call options, than puts
Call options by funds: $112K | Put options by funds: $125K
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
29% less capital invested
Capital invested by funds: $13.3M [Q1] → $9.41M (-$3.91M) [Q2]
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
HC Wainwright & Co. Amit Dayal 25% 1-year accuracy 23 / 93 met price target | 304%upside $22 | Buy Reiterated | 15 Aug 2024 |
RBC Capital Chris Dendrinos 42% 1-year accuracy 8 / 19 met price target | 47%upside $8 | Sector Perform Maintained | 15 Aug 2024 |
Financial journalist opinion
Based on 5 articles about WPRT published over the past 30 days