Shares of Westport Fuel Systems Inc. (NASDAQ:WPRT – Get Free Report) (TSE:WPRT) have been given an average rating of “Hold” by the five analysts that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $13.50.
A number of research analysts recently weighed in on WPRT shares. StockNews.com lowered shares of Westport Fuel Systems from a “hold” rating to a “sell” rating in a report on Friday, May 10th. HC Wainwright reissued a “buy” rating and issued a $22.00 price objective on shares of Westport Fuel Systems in a research note on Tuesday, June 4th. Royal Bank of Canada decreased their target price on shares of Westport Fuel Systems from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 27th. Oppenheimer reiterated an “outperform” rating and issued a $19.00 price target on shares of Westport Fuel Systems in a research report on Wednesday, March 27th. Finally, TD Securities reduced their price objective on Westport Fuel Systems from $8.00 to $7.50 and set a “market perform” rating on the stock in a research note on Wednesday, March 27th.
View Our Latest Stock Report on WPRT
Hedge Funds Weigh In On Westport Fuel Systems
Westport Fuel Systems Trading Up 0.3 %
Shares of Westport Fuel Systems stock opened at $5.66 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.84 and a debt-to-equity ratio of 0.21. The firm has a market cap of $97.18 million, a price-to-earnings ratio of -1.86 and a beta of 2.85. Westport Fuel Systems has a twelve month low of $4.90 and a twelve month high of $12.00. The business has a 50-day moving average price of $5.83 and a 200-day moving average price of $6.05.
Westport Fuel Systems (NASDAQ:WPRT – Get Free Report) (TSE:WPRT) last released its quarterly earnings results on Wednesday, May 8th. The auto parts company reported ($0.79) earnings per share for the quarter, missing the consensus estimate of ($0.55) by ($0.24). Westport Fuel Systems had a negative net margin of 16.10% and a negative return on equity of 29.94%. The firm had revenue of $77.57 million for the quarter, compared to analysts’ expectations of $88.45 million. Equities research analysts anticipate that Westport Fuel Systems will post -2.23 EPS for the current fiscal year.
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.
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