Westport Fuel Systems Inc [WPRT] stock prices are down -4.67% to $3.88 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WPRT shares have gain 8.38% over the last week, with a monthly amount drifted -9.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Westport Fuel Systems Inc [NASDAQ: WPRT] stock has seen the most recent analyst activity on October 24, 2022, when RBC Capital Mkts initiated its Sector Perform rating and assigned the stock a price target of $2.50. Previously, JP Morgan started tracking the stock with Neutral rating on September 09, 2021, and set its price target to $5. On May 10, 2019, upgrade upgraded it’s rating to Buy but maintained its price target of $5 on the stock. Lake Street downgraded its rating to a Hold. H.C. Wainwright initiated its recommendation with a Buy and recommended $6 as its price target on September 20, 2018. Lake Street reiterated a Buy rating for this stock on November 15, 2017, and upped its price target to $5. In a note dated October 05, 2017, Lake Street reiterated an Hold rating on this stock and boosted its target price from $3 to $5.
The stock price of Westport Fuel Systems Inc [WPRT] has been fluctuating between $3.26 and $7.41 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Westport Fuel Systems Inc [NASDAQ: WPRT] shares were valued at $3.88 at the most recent close of the market. An investor can expect a potential return of 235.05% based on the average WPRT price forecast.
Analyzing the WPRT fundamentals
The Westport Fuel Systems Inc [NASDAQ:WPRT] reported sales of 314.36M for trailing twelve months, representing a drop of -14.39%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.17 and Total Capital is -0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.75 points at the first support level, and at 3.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.04, and for the 2nd resistance point, it is at 4.20.
Ratios To Look Out For
It’s worth pointing out that Westport Fuel Systems Inc [NASDAQ:WPRT]’s Current Ratio is 1.60. Also, the Quick Ratio is 1.00, while the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.45.
