Westport Fuel Systems, Inc. (NASDAQ: WPRT) recently received the rating of “Buy” after a consensus from analysts of six brokerages covering this stock.
Among the six analysts’ ratings, one has given out a rating of “Sell”, another one has rated the company as “Hold” and a majority of four analysts have recommended a “Buy” rating. The revised 52-week target price as set by these brokerages now stand at $3.56.
WPRT stocks traded at $5.33 this Friday. The company’ current market capitalization stands at $731.21 million. It has a negative PE ratio of 106.58 along with a beta of 1.76 at the moment. The 12-monthly high to low ranges from $6.22 to $0.70. The 50SMA (50 Days Simple Moving Average) stands at $4.20 and its 200SMA stands at $2.31. The debt-to-equity of this company is 0.43. The current ratio stands at 1.32 and the quick ratio stands at 0.84.
Westport Fuel Systems, Inc. (NASDAQ: WPRT) Stock Analysis
The quarterly earnings report for the previous quarter was released on the 9th of November. The earnings stood at $0.01 EPS that topped the general consensus of $0.04 proposed by several equities’ analysts. The company’s return on equity stands at -15.61% along with the net margin of -2.61%. The estimated income for the firm was marked at $52.65 million but it made $65.41 million for the quarter. Expert analysts further expect that the company will post its FY2020 earnings of -0.12 per share.
NASDAQ: WPRT has recently been the subject of a lot of reports by research analysts. Some such as Zacks Investment Research, ValuEngine, BidAskClub, and so on have posted reports on this company over the last few months.
Several hedge funds and institutional investors have also been involved in buying and selling of WPRT shares recently. Among few of the notable ones, Rockbridge Investment Management LLC, Virtu Financial LLC, Baird Financial Group Inc., Grace & White Inc. NY and so on lifted their shareholdings of WPRT stocks recently.