Westport Fuel Systems (WPRT)
(Delayed Data from NSDQ)
$5.61 USD
+0.03 (0.54%)
Updated Aug 8, 2024 03:59 PM ET
After-Market: $5.60 -0.01 (-0.18%) 6:12 PM ET
3-Hold of 5 3
D Value C Growth F Momentum F VGM
Company Summary
Canada-based Westport Fuel Systems Inc. is a developer, manufacturer and supplier of advanced alternative fuel systems and components. The company was renamed after the merger of Westport Innovations Inc. with Fuel Systems Solutions, Inc.
Westport Fuel Systems’ technology and products allow the use of gaseous fuels, such as natural gas, propane, renewable natural gas or hydrogen in combustion engines. The use of natural gas instead of petroleum-based fuel reduces emissions and costs. Westport Fuel Systems sells natural gas and propane engines, fuel systems and components to customers in more than 70 ...
Company Summary
Canada-based Westport Fuel Systems Inc. is a developer, manufacturer and supplier of advanced alternative fuel systems and components. The company was renamed after the merger of Westport Innovations Inc. with Fuel Systems Solutions, Inc.
Westport Fuel Systems’ technology and products allow the use of gaseous fuels, such as natural gas, propane, renewable natural gas or hydrogen in combustion engines. The use of natural gas instead of petroleum-based fuel reduces emissions and costs. Westport Fuel Systems sells natural gas and propane engines, fuel systems and components to customers in more than 70 countries. Presently, products of Westport Fuel Systems are available for passenger cars, light-, medium- and heavy-duty trucks and cryogenic and hydrogen applications. The adoption of stringent environmental regulations mandating greenhouse gas emission reductions in key markets around the world has created opportunities for Westport Fuel Systems to raise revenues and market share.
Westport operates through two main segments — Original Equipment Manufacturer (OEM) and Independent Aftermarket (IAM). The OEM segment (accounting for 67.1% of total revenues in 2023) designs, manufactures and sells alternative fuel systems, components and electronics, including the Westport High-Pressure Direct Injection (HPDI) 2.0 product and related engineering services to OEMs. The IAM segment (32.9% of 2023 revenues) designs, manufactures and sells alternative fuel systems and components that consumers can purchase and have installed onto their vehicles to use LPG or CNG fuels in addition to gasoline. The Corporate business segment is responsible for public company activities, corporate oversight, financing, capital allocation and general administrative duties.
Westport terminated its 10-year Cummins Westport joint venture (CWIJV) agreement on Dec 31, 2021. Cummins (CMI) is now the sole owner of the CWIJV. Westport received $20 million from CMI for its share of intellectual property. Despite successfully monetizing its intellectual property and selling its interest in CWI in the first quarter of 2022, the loss of income from the equity interest in the former CWI business significantly impacted Westport's annual cash flows in 2023.
General Information
Westport Fuel Systems Inc
1691 West 75th Avenue
Vancouver, A1 V6P 6P2
Phone: 604-718-2000
Fax: 1-604-718-2001
Email: invest@wfsinc.com
Industry | Automotive - Original Equipment |
Sector | Auto-Tires-Trucks |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 8/13/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | -0.55 |
Current Year EPS Consensus Estimate | -2.23 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 8/13/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 5.58 |
52 Week High | 10.13 |
52 Week Low | 4.90 |
Beta | 2.85 |
20 Day Moving Average | 20,326.25 |
Target Price Consensus | 13.42 |
4 Week | -6.61 |
12 Week | -9.27 |
YTD | -15.71 |
4 Week | 1.19 |
12 Week | -7.37 |
YTD | -22.67 |
Shares Outstanding (millions) | 17.23 |
Market Capitalization (millions) | 96.17 |
Short Ratio | 1.00 |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | NA |
Change in Payout Ratio | NA |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | NA |
Trailing 12 Months | NA |
PEG Ratio | NA |
vs. Previous Year | -31.67% |
vs. Previous Quarter | 2.47% |
vs. Previous Year | -5.67% |
vs. Previous Quarter | -11.04% |
Price/Book | 0.65 |
Price/Cash Flow | NA |
Price / Sales | 0.29 |
6/30/24 | NA |
3/31/24 | -29.94 |
12/31/23 | -26.18 |
6/30/24 | NA |
3/31/24 | -13.95 |
12/31/23 | -12.57 |
6/30/24 | NA |
3/31/24 | 1.84 |
12/31/23 | 1.61 |
6/30/24 | NA |
3/31/24 | 1.40 |
12/31/23 | 1.11 |
6/30/24 | NA |
3/31/24 | -15.22 |
12/31/23 | -14.09 |
6/30/24 | NA |
3/31/24 | -16.10 |
12/31/23 | -14.97 |
6/30/24 | NA |
3/31/24 | -15.88 |
12/31/23 | -14.68 |
6/30/24 | NA |
3/31/24 | 8.54 |
12/31/23 | 9.34 |
6/30/24 | NA |
3/31/24 | 3.92 |
12/31/23 | 3.65 |
6/30/24 | NA |
3/31/24 | 0.21 |
12/31/23 | 0.19 |
6/30/24 | NA |
3/31/24 | 17.14 |
12/31/23 | 16.17 |