The stock price of Westport Fuel Systems Inc (NASDAQ: WPRT) has jumped by 11.78 compared to previous close of 3.82. Despite this, the company has seen a gain of 16.35% in its stock price over the last five trading days. globenewswire.com reported 2025-01-13 that VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport”) (TSX:WPRT / Nasdaq:WPRT), announces that Brenda Eprile has retired from Westport’s Board of Directors (the “Board”), effective January 6, 2025. The Board is currently evaluating alternatives with respect to the appointment of an independent director to fill the vacancy.
Is It Worth Investing in Westport Fuel Systems Inc (NASDAQ: WPRT) Right Now?
The 36-month beta value for WPRT is at 2.92. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for WPRT is 15.30M, and currently, shorts hold a 3.99% of that float. The average trading volume for WPRT on January 22, 2025 was 75.11K shares.
WPRT’s Market Performance
WPRT stock saw an increase of 16.35% in the past week, with a monthly gain of 17.63% and a quarterly increase of -3.83%. The volatility ratio for the week is 6.12%, and the volatility levels for the last 30 days are 6.53% for Westport Fuel Systems Inc (WPRT). The simple moving average for the past 20 days is 13.72% for WPRT’s stock, with a -16.68% simple moving average for the past 200 days.
Analysts’ Opinion of WPRT
Many brokerage firms have already submitted their reports for WPRT stocks, with RBC Capital Mkts repeating the rating for WPRT by listing it as a “Sector Perform.” The predicted price for WPRT in the upcoming period, according to RBC Capital Mkts is $2.50 based on the research report published on October 24, 2022 of the previous year 2022.
JP Morgan, on the other hand, stated in their research note that they expect to see WPRT reach a price target of $5. The rating they have provided for WPRT stocks is “Neutral” according to the report published on September 09th, 2021.
Lake Street gave a rating of “Buy” to WPRT, setting the target price at $5 in the report published on May 10th of the previous year.
WPRT Trading at 5.33% from the 50-Day Moving Average
After a stumble in the market that brought WPRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.38% of loss for the given period.
Volatility was left at 6.53%, however, over the last 30 days, the volatility rate increased by 6.12%, as shares surge +20.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.43% upper at present.
During the last 5 trading sessions, WPRT rose by +16.35%, which changed the moving average for the period of 200-days by -35.69% in comparison to the 20-day moving average, which settled at $3.75. In addition, Westport Fuel Systems Inc saw 19.27% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WPRT
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.15 for the gross margin
The net margin for Westport Fuel Systems Inc stands at -0.08. The total capital return value is set at -0.15. Equity return is now at value -16.00, with -7.69 for asset returns.
Based on Westport Fuel Systems Inc (WPRT), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at -0.24. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is -9.46.
Currently, EBITDA for the company is -33.85 million with net debt to EBITDA at -2.72. When we switch over and look at the enterprise to sales, we see a ratio of 0.32. The receivables turnover for the company is 4.5for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
In conclusion, Westport Fuel Systems Inc (WPRT) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
