NAS:WPRT (Canada) Also Trade In: Canada Germany

Westport Fuel Systems Inc $ 8.77 0.435 (5.22%)

On watch
Volume:
4,494,365
Avg Vol (1m):
3,605,253
Market Cap $:
1.20 Bil
Enterprise Value $:
1.26 Bil
P/E (TTM):
0.00
P/B:
15.15
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WPRT News and Headlines - Westport Fuel Systems Inc

GuruFocus Articles Total 30
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Weak oil prices pose a massive headwind

Shares of Westport Innovations (WPRT) have fallen almost 70% since I first recommended selling the company back in June. With the stock down considerably this year, investors may be tempted into buying it. However, Westport has more downside to offer, and investors should continue avoiding the stock going forward.

Unprofitable

I have never been a fan of companies that have a history of loss making. Westport Innovations is facing worse problems as the company is not only reporting losses, but its sales are also falling.

Westport’s Q3 results were terrible as it missed the analysts’ estimates on earnings as

507 Views    Juhi Kulkarni    2015-12-14 16:47
Despite many headwinds, Yelp is very expensive, and the company's terrible business model makes it a great short candidate.

Yelp’s (YELP) stock is down 18% since I last recommended selling the stock back in July. Although the stock has lost considerable value since then, the company has staged an impressive turnaround in the last few weeks. Yelp has jumped almost 25% in the last month. The stock jumped on news of InterActiveCorp’s offer to buy one of Yelp’s competitors — Angie’s List (ANGI). The firm offered to buy Angie’s List for roughly $512 million, marking a 10% premium over Angie’s value at the time.

Although Yelp’s recent recovery has been impressive, there has been no change in Yelp’s

2495 Views    Juhi Kulkarni    2015-11-20 16:56
With oil prices expected to stay low, Westport will struggle to stay afloat

Shares of Westport Innovations (WPRT) have fallen considerably since I recommended selling the stock earlier in June. In the last five months, Westport’s stock has depreciated almost 45% in value. Value investors may be tempted to buy into Westport due to the massive plunge; however, the stock still has more downside. Westport is far from a bottom and there are several factors that can push the stock down further.

The company’s struggle is evident from its latest quarterly result. The company reported loss per share of 58 cents on revenue of $22.3 million. Analysts were modeling Westport to

946 Views    Juhi Kulkarni    2015-11-16 21:20

After having a terrible 2014 which saw shares of Westport Innovations (WPRT) fall close to 70%, it looks like the company is finally coming back on track. Shares of Westport Innovations are up 43% YTD and have room to run higher. While it looks like Westport Innovation is stabilizing, I think investors should stay clear of the stock for now.

Good Q1 earnings fueled the rally

Much of Westport’s rally was because of the hype surrounding its quarterly earnings. Westport delivered revenue of $28 million in the first quarter versus $39.9 million in the year-prior quarter. The 30% decrease was

1034 Views    Juhi Kulkarni    2015-06-15 13:45

Westport Innovations (WPRT) reported mixed numbers in the first quarter with year-over-year decline in revenue, while losses narrowed considerably and topped the street expectations. The bottom line is better on a sequential basis as well, even though it lagged behind the analysts’ consensus by a significant margin in the fourth quarter. However, in spite of these positives we cannot neglect that Westport has been struggling to report positive earnings in the past, which is quite disappointing. Let’s see how the company intends to bring its business back on track.

Trying to overcome a weak performance

Its revenue for the quarter

489 Views    MacroConsultants    2015-05-26 21:22

Westport Innovations (WPRT) provides low-emission engine and fuel system technologies utilizing gaseous fuels. The company surprised with an estimate beating first-quarter 2015 results – beating both on top and bottom lines. It had quickly responded to the headwinds of lower crude prices. Let’s take a look at results and the long-term plans of the company.

Estimate beating first quarter 2015

  1. Westport’s consolidated revenue for the first quarter was $28 million versus $39.9 million in the year-ago quarter. The 30% decline was due to the negative impact of foreign currency, reduced service revenue, and a large U.S. light duty shipment
647 Views    csconsultants    2015-05-12 16:45

Westport Innovations (WPRT) illustrated continued robust growth in its Chinese joint venture, Weichai Westport, and delivered significant 50,000 engines during the year. The combined performance of its two joint ventures gained approximately 2.8% market share of the overall worldwide medium and heavy-duty engine market during the previous year.

Product development focus

Westport’s focused investments in HPDI 2.0 and its sophisticated spark ignition technologies is believed to generate enhanced power, improved fuel economy, significant greenhouse gas performance and reduced costs. The smaller capital business model of Westport is forecasted to enable the company to accelerate its growth with the expanding market

877 Views    MacroConsultants    2015-05-10 22:12

Many companies are having tough times due to weaker oil prices. However, this weakness in the oil industry is giving many players such as Westport Innovations (WPRT) bright long term opportunities. The lower oil prices are leading to growth in natural gas usage, and with the stability of natural gas prices, Westport is seeing good support for continued fleet migration. Management of the company is confident of its better performance in the future as the oil prices are not expected to recover in the near term, giving it bright opportunities to improve its financials in the long term.

On track

516 Views    RHPanalysts    2015-03-24 21:57

Westport Innovations (WPRT) delivered more than 50,000 engines last year from its Weichai Westport joint venture, which is quite encouraging and hints towards improving prospects. Currently, it does not have any trailing or forward P/E because of its year-over-year losses. However, the developments it is making are quite impressive, which could propel its growth in the years to come.

Looking beyond the short-term weakness

These developments look quite encouraging, but the company is facing various near term headwinds, which cannot be neglected. The volatility in the crude and currency market is putting a lot of pressure on the industry. The

551 Views    starskyinvestments    2015-03-23 21:57

Insiders are buying Clean Energy Fuels (CLNE). There is plenty of fodder for the cautious, though: the company needs to make high-interest payments, and profitability is not in sight. Yet it continues growing, moderation of some expenses may be helpful, and valuation metrics are supportive of the stock.

Records show that, on March 2, CEO Andrew Littlefair made a direct purchase of 17,800 shares. Such a statement made by a company executive, as opposed to a director, can be especially favorable. The following day, Senior Vice President for Corporate Development Barclay Corbus followed up and acquired 10,000 shares.

1133 Views    P.I.A.    2015-03-09 19:40

Crude oil was all anyone could talk about in the tail-end of 2014 and the beginning of 2015 as barrel prices dropped from around $115 to $46. Now that crude oil is starting to recover, Canaccord Genuity analyst John Quealy is looking at related “companies that offer technology and product diversity.” In a report issued to investors on March 2, Quealy featured four companies under the industrial goods sector that he believes to have “a much stronger footing for share price appreciation moving through 2015 versus commodity-only driven peers.” He added, “In natural gas technologies… we find related companies

510 Views    TipRanks    2015-03-05 19:43

Westport Innovations (WPRT) is trying to tap growth across the globe. For example, its joint venture in China, Weichai Westport, witnessed considerable growth, mainly looking at the entire year-to-date performance and higher unit sales and revenue compared to the previous year. However, the European markets are hit hard by the incentive cut from the government, but India and China look like solid markets for growth.

Westport is continuously adjusting its long-term investments for product development and prioritizing its program spending, depending on the right market timings and partner inclination.

New products will deliver growth

Westport is working closely with major

868 Views    MacroConsultants    2014-12-29 17:01

Westport Innovations (WPRT) recently announced a 15% increase in second quarter fiscal 2014 revenue of $40.0 million compared to $34.9 million during the same period last year. Westport has specified its full-year 2014 revenue guidance in the $175 million to $185 million range representing 7 to 13% growth over 2013.

Westport Innovations reported consolidated net loss and net loss per share for the second quarter ended June 30, 2014 of $26.8 million and $0.42, respectively as compared to $37.3 million and $0.67, respectively during the same period last year.

Focus on technology

Westport shifted its focus from proof of its

955 Views    starskyinvestments    2014-12-19 18:07

Westport Innovations Inc. (WPRT), last week, announced that it has acquired Netherlands-based Prins Autogassystemen Holding B.V. (Prins) for Euro 12.2 million through a combination of Euro 6.6 million in assumed liabilities and Euro 5.6 million in cash.

Management comments

"Prins' globally respected product line, their strong track record in continuous innovation and new product introductions combined with its Original Equipment Manufacturer (OEM) relationships complement our products and OEM coverage to provide us with a great position as the go-to partner for alternative fuels solutions," said Mehran Rahbar, executive vice president, On-Road Systems & Applied Technologies of Westport. "Westport has a

793 Views    Black Iguana    2014-12-12 18:24

Westport Innovations (WPRT) reported unimpressive financial numbers for the third quarter of 2014. Westport experienced strong competition from gasoline engines in consideration of lower oil prices. Also, the company had geopolitical instability headwinds in crucial growth markets that led to this poor performance for the quarter.

Struggling to meet expectations

The Vancouver, British Columbia company posted net sales of $25.3 million, a drop of 46% compared to the same quarter a year ago. Its revenue failed to beat the analysts estimates of $27.7 million for the quarter. However, its net loss for the quarter improved approximately 16% to $25.5 million

840 Views    techjunk13    2014-11-17 20:08

The maker of natural gas engine technology, Westport Innovations (WPRT) reported not so impressive results in the recently reported third quarter. The company’s revenue declined by a big margin. The stock is also unimpressive on the stock exchange and has fallen about 69% since the beginning of the year. It is trading nearly around $6.05 now.

However, Westport’s management is trying its level best to overcome this situation. It is making several strides to gain profitability and improve its market share in the coming quarters. Westport is seeking other profitable ventures which can help it to gain its lost ground.

554 Views    insight solutions    2014-11-10 19:03

Westport Innovations (WPRT) produced remarkable results for the second quarter as the company shifted its focus. It is counting on a strong portfolio with natural gas products in its offerings such as the Westport WiNG, Westport iCE PACK for the LNG tank system and power system for Ford vehicles. This led its on-road system revenue to shoot up nearly 57% to $11.6 million during the quarter from $7.4 million in a year ago period.

In addition, Westport delivered impressive $1.00 million positive adjusted EBITDA from its operation during the second quarter, meeting its goal of achieving the positive adjusted EBITDA

1043 Views    insight solutions    2014-10-27 17:29

Westport Innovations (WPRT) recently released its results for the second quarter; the company posted good improvements, having achieved a significant milestone by recording a positively adjusted EBITDA. Westport is slowly gaining market share as its transition efforts continue to bear fruit.

Westport executives believe their efforts in resetting the cost structure, rebalancing the product portfolio, and optimizing organizational efficiencies have delivered the change that was required for its operational performance. However, the company is still longing to impress investors with good earnings. Let's see how Westport aligns itself to improve its earnings.

Impressive financial performance

The company's revenue clocked in

769 Views    RHPanalysts    2014-09-24 19:04

Westport Innovations (WPRT) has had an apathetic year so far. The organization's shares have declined almost 7% so far this year. In any case, in the wake of reporting its first-quarter results in right on time in May, Westport shares have taken off surprisingly. Westport has picked up close to 40%, and it would appear that the organization is set to show signs of improvement because of the developing selection of characteristic gas vehicles. Besides, as the likes of Clean Energy Fuels (CLNE) keeps building energizing infrastructure for characteristic gas vehicles, Westport's prospects should move forward.

Westport's joint efforts with

496 Views    jaggom    2014-08-25 14:56

Westport Innovations (WPRT) has surged strikingly since it reported its quarterly report. Truth be told, in the course of recent months, Westport shares have picked up more than 30%. The producer of natural gas engines has done well in a competitive environment and looks set to continue its strong performance.

Strong performance

Westport's results reflect the strength of administration's decision making and execution, which have empowered it to lessen losses and boost revenue. Administration has laid some essential goals for the current fiscal. It is on track to deliver positive adjusted EBITDA by the final quarter, alongside profitable development

575 Views    amal.singh70    2014-08-20 18:25

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