Is Westport Fuel Stock a Good Investment?
Westport Fuel Investment Advice | WPRT |
- Examine Westport Fuel's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Westport Fuel's leadership team and their track record. Good management can help Westport Fuel navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact Westport Fuel's business and its evolving consumer preferences.
- Compare Westport Fuel's performance and market position to its competitors. Analyze how Westport Fuel is positioned in terms of product offerings, innovation, and market share.
- Check if Westport Fuel pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Westport Fuel's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Westport Fuel Systems stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Westport Fuel Systems is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Westport Fuel Stock
Researching Westport Fuel's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 14.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.52. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Westport Fuel Systems recorded a loss per share of 1.5. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 6th of June 2023.
To determine if Westport Fuel is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Westport Fuel's research are outlined below:
| Westport Fuel generated a negative expected return over the last 90 days | |
| Westport Fuel has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 331.8 M. Net Loss for the year was (50.63 M) with profit before overhead, payroll, taxes, and interest of 36.2 M. | |
| Westport Fuel Systems currently holds about 98.17 M in cash with (13.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57. | |
| Westport Fuel has a frail financial position based on the latest SEC disclosures | |
| Latest headline from zacks.com: Westport Upgraded to Buy Heres Why |
Westport Fuel Quarterly Cash And Short Term Investments |
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Westport Fuel uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Westport Fuel Systems. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Westport Fuel's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Westport Fuel's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Westport Fuel's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-07 | 2022-09-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2021-05-06 | 2021-03-31 | -0.01 | -0.02 | -0.01 | 100 | ||
2019-08-08 | 2019-06-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2018-05-11 | 2018-03-31 | -0.1 | -0.09 | 0.01 | 10 | ||
2023-05-08 | 2023-03-31 | -0.08 | -0.06 | 0.02 | 25 | ||
2022-05-06 | 2022-03-31 | -0.05 | -0.07 | -0.02 | 40 | ||
2019-05-09 | 2019-03-31 | -0.04 | -0.02 | 0.02 | 50 | ||
2018-11-08 | 2018-09-30 | -0.04 | -0.02 | 0.02 | 50 |
Know Westport Fuel's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Westport Fuel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westport Fuel Systems backward and forwards among themselves. Westport Fuel's institutional investor refers to the entity that pools money to purchase Westport Fuel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bell Investment Advisors, Inc | 2024-09-30 | 3 K | Wells Fargo & Co | 2024-06-30 | 2.6 K | Bank Of America Corp | 2024-06-30 | 2.4 K | Pnc Financial Services Group Inc | 2024-09-30 | 2 K | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 1.9 K | Swan Capital Llc | 2024-06-30 | 1000 | Blackrock Inc | 2024-06-30 | 724 | Td Waterhouse Canada Inc | 2024-06-30 | 597 | Advisor Group Holdings, Inc. | 2024-06-30 | 429 | Grace & White Inc | 2024-09-30 | 744.2 K | Baird Financial Group, Inc. | 2024-09-30 | 680.6 K |
Westport Fuel's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.01 M.Market Cap |
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Westport Fuel's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.14) | (0.15) | |
| Return On Capital Employed | (0.21) | (0.22) | |
| Return On Assets | (0.14) | (0.15) | |
| Return On Equity | (0.31) | (0.33) |
Determining Westport Fuel's profitability involves analyzing its financial statements and using various financial metrics to determine if Westport Fuel is a good buy. For example, gross profit margin measures Westport Fuel's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Westport Fuel's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Westport Fuel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Westport Fuel Systems. Check Westport Fuel's Beneish M Score to see the likelihood of Westport Fuel's management manipulating its earnings.
Evaluate Westport Fuel's management efficiency
Westport Fuel Systems has return on total asset (ROA) of (0.0652) % which means that it has lost $0.0652 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1993) %, meaning that it created substantial loss on money invested by shareholders. Westport Fuel's management efficiency ratios could be used to measure how well Westport Fuel manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.15 in 2024. Return On Capital Employed is likely to drop to -0.22 in 2024. Non Current Liabilities Other is likely to gain to about 5.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 68.1 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.34 | 8.88 | |
| Tangible Book Value Per Share | 8.77 | 16.57 | |
| Enterprise Value Over EBITDA | (4.19) | (4.40) | |
| Price Book Value Ratio | 0.71 | 0.68 | |
| Enterprise Value Multiple | (4.19) | (4.40) | |
| Price Fair Value | 0.71 | 0.68 | |
| Enterprise Value | 127.6 M | 121.2 M |
The strategic initiatives led by Westport Fuel's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 3.125 |
Basic technical analysis of Westport Stock
As of the 30th of November, Westport Fuel maintains the Standard Deviation of 2.14, market risk adjusted performance of (2.44), and Mean Deviation of 1.55. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Westport Fuel Systems, as well as the relationship between them.Westport Fuel's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Westport Fuel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Westport Fuel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Westport Fuel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Douglas Kevin over three months ago Acquisition by Douglas Kevin of 600000 shares of Westport Fuel at 1.5 subject to Rule 16b-3 | ||
Douglas Kevin over six months ago Disposition of 100 shares by Douglas Kevin of Westport Fuel at 33.0 subject to Rule 16b-3 | ||
Douglas Kevin over six months ago Disposition of 100 shares by Douglas Kevin of Westport Fuel at 33.0 subject to Rule 16b-3 | ||
Douglas Kevin over six months ago Acquisition by Douglas Kevin of 6640 shares of Westport Fuel at 36.62 subject to Rule 16b-3 | ||
Wheatman Eileen over a year ago Westport Fuel exotic insider transaction detected | ||
Douglas Kevin over a year ago Acquisition by Douglas Kevin of 200000 shares of Westport Fuel subject to Rule 16b-3 |
Westport Fuel's Outstanding Corporate Bonds
Westport Fuel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Westport Fuel Systems uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Westport bonds can be classified according to their maturity, which is the date when Westport Fuel Systems has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Westport Fuel's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Westport Fuel's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (2.44) | |||
| Mean Deviation | 1.55 | |||
| Coefficient Of Variation | (707.63) | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.59 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (2.45) | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.74 | |||
| Skewness | 0.1476 | |||
| Kurtosis | 2.15 |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (2.44) | |||
| Mean Deviation | 1.55 | |||
| Coefficient Of Variation | (707.63) | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.59 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (2.45) | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.74 | |||
| Skewness | 0.1476 | |||
| Kurtosis | 2.15 |
Consider Westport Fuel's intraday indicators
Westport Fuel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Westport Fuel stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Westport Fuel Corporate Filings
6K | 12th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 13th of September 2024 Other Reports | ViewVerify | |
F3 | 17th of June 2024 An amendment to the original Schedule 13D filing | ViewVerify |
| 22nd of May 2024 Other Reports | ViewVerify |
Westport Stock media impact
Far too much social signal, news, headlines, and media speculation about Westport Fuel that are available to investors today. That information is available publicly through Westport media outlets and privately through word of mouth or via Westport internal channels. However, regardless of the origin, that massive amount of Westport data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Westport Fuel news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Westport Fuel relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Westport Fuel's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Westport Fuel alpha.
Westport Fuel Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Westport Fuel can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Westport Fuel Corporate Management
| Marco Seimandi | VP Marketing | Profile | |
| Rohan Athaide | Compliance Assurance | Profile | |
| Solomon Samuel | VP HR | Profile | |
| William Larkin | Chief Officer | Profile | |
| Tim Smith | Ex Staff | Profile | |
| Maurizio Grando | Executive Group | Profile |
Already Invested in Westport Fuel Systems?
The danger of trading Westport Fuel Systems is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westport Fuel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westport Fuel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westport Fuel Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Westport Stock Analysis
When running Westport Fuel's price analysis, check to measure Westport Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westport Fuel is operating at the current time. Most of Westport Fuel's value examination focuses on studying past and present price action to predict the probability of Westport Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westport Fuel's price. Additionally, you may evaluate how the addition of Westport Fuel to your portfolios can decrease your overall portfolio volatility.