Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Westport Fuel Systems (WPRT) Stock Price

News articles about Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPT) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Westport Fuel Systems earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 45.7209368592252 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news articles that may have effected Accern’s scoring:

A number of analysts have recently weighed in on WPRT shares. Zacks Investment Research downgraded Westport Fuel Systems from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Oppenheimer Holdings, Inc. started coverage on Westport Fuel Systems in a research report on Wednesday, August 16th. They set an “outperform” rating and a $3.00 target price for the company. ValuEngine downgraded Westport Fuel Systems from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. BidaskClub upgraded Westport Fuel Systems from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Finally, HC Wainwright set a $5.00 target price on Westport Fuel Systems and gave the company a “buy” rating in a research report on Tuesday, August 15th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $3.30.

Shares of Westport Fuel Systems (NASDAQ:WPRT) opened at $3.52 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.00 and a current ratio of 1.34. Westport Fuel Systems has a 1 year low of $0.82 and a 1 year high of $4.09.

Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPT) last announced its quarterly earnings data on Monday, August 14th. The auto parts company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.03. Westport Fuel Systems had a negative return on equity of 65.98% and a negative net margin of 20.37%. The business had revenue of $62.10 million during the quarter, compared to the consensus estimate of $58.44 million. During the same period in the prior year, the company earned $0.05 EPS. Westport Fuel Systems’s revenue for the quarter was up 66.9% on a year-over-year basis. research analysts anticipate that Westport Fuel Systems will post -0.51 earnings per share for the current fiscal year.

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Westport Fuel Systems Company Profile

Westport Fuel Systems Inc, formerly Westport Innovations Inc, is a Canada-based provider of low-emission engine and fuel system technologies utilizing gaseous fuels. It operates through the Westport Operations segment. The Westport Operations segment designs, manufactures and sells compressed natural gas, liquefied natural gas, and liquefied petroleum gas components and systems to original equipment manufacturers and to aftermarket customers.

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