Westport Fuel Systems Inc. (NASDAQ:WPRT) saw an upside of 2.96% to $3.48 after adding $0.1 on Wednesday. The 5-day average trading volume is 778,297 shares of the company’s common stock. It has gained $3.58 in the past week. An average of 1,073,014 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,887,688.
WPRT’s 1-month performance is -2.87% or -$0.03 on its low of $3.04 reached on 10/06/21. The company’s shares have touched a 52-week low of $1.72 and high of $12.95, with the stock’s rally to the 52-week high happening on 02/08/21. YTD, WPRT has lost -36.59% or -$1.88. However, the current price is down -73.13%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 571.13 and a low of 24.24. WPRT stock has a beta of 2.90. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.72 while the price-to-book (PB) in the most recent quarter is 1.73.
Westport Fuel Systems Inc.’s quick ratio for the period ended June 29 was 1.80, with the current ratio over the same period at 2.30 meaning that WPRT stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.18, while the total debt to equity was 0.33. In terms of profitability, the gross margin trailing 12 months is 17.00%. The trailing 12-month EBITDA margin is -4.66% while for the period ending June 29; Westport Fuel Systems Inc.’s operating margin was -3.20%. The firm’s gross profit as reported stood at $39.54 million against revenue of $252.5 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 11.48% to $305.34 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected WPRT to announce -$0.02 per share in earnings in its latest quarter, but it posted $0.11, representing a 650.00% surprise. EBITDA for the quarter stood at more than -$2.46 million. WPRT stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 236.05 million, with total debt at $100.68 million
Let’s look briefly at Westport Fuel Systems Inc. (WPRT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 56.57% to suggest the stock is trending Neutral, with historical volatility in this time period at 38.11%.
The stock’s 5-day moving average is $3.34, reflecting a +10.51% or $0.33 change from its current price. WPRT is currently trading +0.82% above its 20-day SMA, -40.96% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -10.68% and -36.74% respectively.
Stochastic %K and %D was 51.45% and 44.93% and the average true range (ATR) pointed at 0.17. The RSI (14) points at 49.74%, while the 14-day stochastic is at 63.73% with the period’s ATR at 0.18. The stock’s 9-day MACD Oscillator is pointing at 0.09 and 0.06 on the 14-day charts.
In the most recent analyst report for Westport Fuel Systems Inc. (NASDAQ: WPRT), JP Morgan launched coverage with a Neutral rating. Analysts offering their rating for WPRT stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate WPRT as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.
What is WPRT’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $5.00 and a high of $21.00, with their median price target at $10.50. Looking at these predictions, the average price target given by analysts is for Westport Fuel Systems Inc. (WPRT) stock is $11.83.