Westport Fuel SystemsWPRT
Market Cap: 104M
About: Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three operating segments; the Original Equipment Manufacturers segment-design, manufacture, and sell alternative fuel systems, components and electronics, and related engineering services, to OEMs that serve light-duty, medium-duty, and heavy-duty customers, the Independent Aftermarket segment includes IAM products, conversion kits, and components allow for the conversion of vehicles after being sold to the end-user through a network of dealers and installers, and Corporate includes public company activities, corporate oversight, financing, and capital allocation.
Employees: 1,715
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
57% more call options, than puts
Call options by funds: $426K | Put options by funds: $271K
9% more capital invested
Capital invested by funds: $12.2M [Q4 2023] → $13.3M (+$1.09M) [Q1 2024]
0.73% more ownership
Funds ownership: 10.72% [Q4 2023] → 11.45% (+0.73%) [Q1 2024]
8% less funds holding
Funds holding: 48 [Q4 2023] → 44 (-4) [Q1 2024]
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
HC Wainwright & Co. Amit Dayal | 265%upside $22 | Buy Reiterated | 4 Jun 2024 |
HC Wainwright & Co. Amit Dayal | 265%upside $22 | Buy Maintained | 10 May 2024 |
RBC Capital Chris Dendrinos | 49%upside $9 | Sector Perform Maintained | 27 Mar 2024 |
Oppenheimer Colin Rusch | 215%upside $19 | Outperform Maintained | 27 Mar 2024 |
HC Wainwright & Co. Amit Dayal | 398%upside $30 | Buy Maintained | 27 Mar 2024 |