WPRT

Westport Fuel Systems

3.38 USD
-0.07
2.03%
At close Dec 20, 4:00 PM EST
1 day
-2.03%
5 days
-17.56%
1 month
-21.76%
3 months
-26.68%
6 months
-39.86%
Year to date
-48.63%
1 year
-52.26%
5 years
-86.32%
10 years
-91.03%
 

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

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

25% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 8

1.78% more ownership

Funds ownership: 9.84% [Q2] → 11.61% (+1.78%) [Q3]

0% more funds holding

Funds holding: 44 [Q2] → 44 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

2% less capital invested

Capital invested by funds: $9.44M [Q2] → $9.2M (-$235K) [Q3]

36% less call options, than puts

Call options by funds: $101K | Put options by funds: $159K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$8
137%
upside
Avg. target
$15
344%
upside
High target
$22
551%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
HC Wainwright & Co.
Amit Dayal
39% 1-year accuracy
44 / 112 met price target
551%upside
$22
Buy
Reiterated
15 Nov 2024
RBC Capital
Chris Dendrinos
48% 1-year accuracy
10 / 21 met price target
137%upside
$8
Sector Perform
Reiterated
14 Nov 2024

Financial journalist opinion

Based on 3 articles about WPRT published over the past 30 days

Positive
Zacks Investment Research
5 days ago
Wall Street's 3 Favorite Auto Stocks Worth Buying for 2025
BLBD, DORM and WPRT are a few auto stocks that Wall Street analysts recommend buying for the next year.
Wall Street's 3 Favorite Auto Stocks Worth Buying for 2025
Positive
Zacks Investment Research
1 week ago
Why Is Westport (WPRT) Up 8.4% Since Last Earnings Report?
Westport (WPRT) reported earnings 30 days ago. What's next for the stock?
Why Is Westport (WPRT) Up 8.4% Since Last Earnings Report?
Positive
Zacks Investment Research
4 weeks ago
Westport (WPRT) Upgraded to Buy: Here's Why
Westport (WPRT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Westport (WPRT) Upgraded to Buy: Here's Why
Neutral
Zacks Investment Research
1 month ago
Westport Q3 Earnings Beat Expectations, Revenues Decline Y/Y
WPRT incurs narrower-than-expected Q3 loss while revenues miss the Zacks Consensus Estimate.
Westport Q3 Earnings Beat Expectations, Revenues Decline Y/Y
Neutral
Seeking Alpha
1 month ago
Westport Fuel Systems Inc. (WPRT) Q3 2024 Earnings Call Transcript
Westport Fuel Systems Inc. (NASDAQ:WPRT ) Q3 2024 Results Conference Call November 13, 2024 10:00 AM ET Company Participants Ashley Nuell - Vice President, Investor Relations Dan Sceli - Chief Executive Officer and Director Bill Larkin - Chief Financial Officer Conference Call Participants Amit Dayal - H.C. Wainwright Eric Stine - Craig-Hallum Rob Brown - Lake Street Capital Markets MacMurray Whale - Cormark Securities Jeff Osborne - TD Cowen Operator Good day, and thank you for standing by.
Westport Fuel Systems Inc. (WPRT) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Westport Innovations (WPRT) Reports Q3 Loss, Lags Revenue Estimates
Westport Innovations (WPRT) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $0.68 per share a year ago.
Westport Innovations (WPRT) Reports Q3 Loss, Lags Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
Westport Reports Third Quarter 2024 Financial Results
Transition of Heavy-Duty OEM assets into Cespira, where they generated revenue of $16.2 million outweighs quarter-over-quarter revenue decline of $11.2 million Transition of Heavy-Duty OEM assets into Cespira, where they generated revenue of $16.2 million outweighs quarter-over-quarter revenue decline of $11.2 million
Westport Reports Third Quarter 2024 Financial Results
Neutral
GlobeNewsWire
1 month ago
Westport to Issue Q3 2024 Financial Results on November 12, 2024
VANCOUVER, British Columbia, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that the Company will release financial results for the third quarter of 2024 on Tuesday, November 12, 2024, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday, November 13, 2024.
Westport to Issue Q3 2024 Financial Results on November 12, 2024
Positive
Zacks Investment Research
2 months ago
New Strong Buy Stocks for October 16th
CLPR, REE, HMY, AVIR and WPRT have been added to the Zacks Rank #1 (Strong Buy) List on October 16, 2024.
New Strong Buy Stocks for October 16th
Neutral
GlobeNewsWire
3 months ago
Westport Announces At-the-Market Equity Offering Program
VANCOUVER, British Columbia, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that it has established an at-the-market equity offering program (the “ATM Program”) that allows the Company to issue and sell up to US$35,000,000 (or its Canadian dollar equivalent) of common shares of the Company (the “Common Shares”) from treasury to the public, from time to time, at the Company's discretion.
Westport Announces At-the-Market Equity Offering Program
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