Is Westport Fuel Stock a Good Investment?
Westport Fuel Investment Advice | WPRT |
- Examine Westport Fuel's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Westport Fuel's leadership team and their track record. Good management can help Westport Fuel navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Machinery space and any emerging trends that could impact Westport Fuel's business and its evolving consumer preferences.
- Compare Westport Fuel's performance and market position to its competitors. Analyze how Westport Fuel is positioned in terms of product offerings, innovation, and market share.
- Check if Westport Fuel pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Westport Fuel's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Westport Fuel Systems stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Westport Fuel Systems is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Westport Fuel Stock
Researching Westport Fuel's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 13.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.63. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Westport Fuel Systems recorded a loss per share of 2.9. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 6th of June 2023.
To determine if Westport Fuel is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Westport Fuel's research are outlined below:
| Westport Fuel had very high historical volatility over the last 90 days | |
| Westport Fuel has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 337.88 M. Net Loss for the year was (50.63 M) with profit before overhead, payroll, taxes, and interest of 36.2 M. | |
| Westport Fuel Systems currently holds about 98.17 M in cash with (13.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57. | |
| Latest headline from fool.com: Westport Fuel Systems Q1 2024 Earnings Call Transcript |
Westport Fuel uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Westport Fuel Systems. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Westport Fuel's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Westport Fuel's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 100.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Westport Fuel's market, we take the total number of its shares issued and multiply it by Westport Fuel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Westport Fuel's profitablity analysis
Westport Fuel's profitability indicators refer to fundamental financial ratios that showcase Westport Fuel's ability to generate income relative to its revenue or operating costs. If, let's say, Westport Fuel is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Westport Fuel's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Westport Fuel's profitability requires more research than a typical breakdown of Westport Fuel's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.16) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.14) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.14. Determining Westport Fuel's profitability involves analyzing its financial statements and using various financial metrics to determine if Westport Fuel is a good buy. For example, gross profit margin measures Westport Fuel's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Westport Fuel's profitability and make more informed investment decisions.
The data published in Westport Fuel's official financial statements usually reflect Westport Fuel's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Westport Fuel Systems. For example, before you start analyzing numbers published by Westport accountants, it's critical to develop an understanding of what Westport Fuel's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Westport Fuel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Westport Fuel's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Westport Fuel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Westport Fuel Systems. Please utilize our Beneish M Score to check the likelihood of Westport Fuel's management manipulating its earnings.
Basic technical analysis of Westport Stock
As of the 13th of May 2024, Westport Fuel maintains the Mean Deviation of 2.87, market risk adjusted performance of 0.0464, and Downside Deviation of 3.31. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Westport Fuel Systems, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Westport Fuel Systems, which can be compared to its peers. Please check out Westport Fuel Systems jensen alpha and semi variance to decide if Westport Fuel Systems is priced fairly, providing market reflects its latest price of 5.75 per share. Given that Westport Fuel Systems has jensen alpha of (0.04), we strongly advise you to confirm Westport Fuel Systems's prevalent market performance to make sure the company can sustain itself at a future point.Westport Fuel's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Westport Fuel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Westport Fuel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Westport Fuel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Douglas Kevin over a week ago Disposition of 100 shares by Douglas Kevin of Westport Fuel at 33.0 subject to Rule 16b-3 | ||
Douglas Kevin over two weeks ago Acquisition by Douglas Kevin of 6640 shares of Westport Fuel at 36.62 subject to Rule 16b-3 | ||
Wheatman Eileen over six months ago Westport Fuel exotic insider transaction detected | ||
Douglas Kevin over six months ago Acquisition by Douglas Kevin of 200000 shares of Westport Fuel subject to Rule 16b-3 |
Understand Westport Fuel's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Westport Fuel's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0154 | |||
| Market Risk Adjusted Performance | 0.0464 | |||
| Mean Deviation | 2.87 | |||
| Semi Deviation | 3.17 | |||
| Downside Deviation | 3.31 | |||
| Coefficient Of Variation | 9174.19 | |||
| Standard Deviation | 4.7 | |||
| Variance | 22.07 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0364 | |||
| Maximum Drawdown | 27.07 | |||
| Value At Risk | (5.74) | |||
| Potential Upside | 10.56 | |||
| Downside Variance | 10.97 | |||
| Semi Variance | 10.07 | |||
| Expected Short fall | (3.69) | |||
| Skewness | 1.95 | |||
| Kurtosis | 5.63 |
| Risk Adjusted Performance | 0.0154 | |||
| Market Risk Adjusted Performance | 0.0464 | |||
| Mean Deviation | 2.87 | |||
| Semi Deviation | 3.17 | |||
| Downside Deviation | 3.31 | |||
| Coefficient Of Variation | 9174.19 | |||
| Standard Deviation | 4.7 | |||
| Variance | 22.07 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0364 | |||
| Maximum Drawdown | 27.07 | |||
| Value At Risk | (5.74) | |||
| Potential Upside | 10.56 | |||
| Downside Variance | 10.97 | |||
| Semi Variance | 10.07 | |||
| Expected Short fall | (3.69) | |||
| Skewness | 1.95 | |||
| Kurtosis | 5.63 |
Consider Westport Fuel's intraday indicators
Westport Fuel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Westport Fuel stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Westport Fuel time-series forecasting models is one of many Westport Fuel's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Westport Fuel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Westport Stock media impact
Far too much social signal, news, headlines, and media speculation about Westport Fuel that are available to investors today. That information is available publicly through Westport media outlets and privately through word of mouth or via Westport internal channels. However, regardless of the origin, that massive amount of Westport data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Westport Fuel news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Westport Fuel relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Westport Fuel's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Westport Fuel alpha.
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Westport Fuel Corporate Management
Elected by the shareholders, the Westport Fuel's board of directors comprises two types of representatives: Westport Fuel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westport. The board's role is to monitor Westport Fuel's management team and ensure that shareholders' interests are well served. Westport Fuel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westport Fuel's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marco Seimandi | VP Marketing | Profile | |
| Rohan Athaide | Compliance Assurance | Profile | |
| Solomon Samuel | VP HR | Profile | |
| William Larkin | Chief Officer | Profile | |
| Tim Smith | Ex Staff | Profile | |
| Maurizio Grando | Executive Group | Profile |
How to buy Westport Stock?
To provide specific investment advice or recommendations on Westport Fuel Systems stock, we recommend investors consider the following general factors when evaluating Westport Fuel Systems. This will help you to make an informed decision on whether to include Westport Fuel in one of your diversified portfolios:- Examine Westport Fuel's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Westport Fuel's leadership team and their track record. Good management can help Westport Fuel navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Machinery space and any emerging trends that could impact Westport Fuel's business and its evolving consumer preferences.
- Compare Westport Fuel's performance and market position to its competitors. Analyze how Westport Fuel is positioned in terms of product offerings, innovation, and market share.
- Check if Westport Fuel pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Westport Fuel's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Westport Fuel Systems stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Westport Fuel Systems is a good investment.
Already Invested in Westport Fuel Systems?
The danger of trading Westport Fuel Systems is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Westport Fuel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Westport Fuel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Westport Fuel Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Westport Fuel Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westport Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westport Fuel Systems Stock. Highlighted below are key reports to facilitate an investment decision about Westport Fuel Systems Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Westport Stock analysis
When running Westport Fuel's price analysis, check to measure Westport Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westport Fuel is operating at the current time. Most of Westport Fuel's value examination focuses on studying past and present price action to predict the probability of Westport Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westport Fuel's price. Additionally, you may evaluate how the addition of Westport Fuel to your portfolios can decrease your overall portfolio volatility.
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Is Westport Fuel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westport Fuel. If investors know Westport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westport Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Westport Fuel Systems is measured differently than its book value, which is the value of Westport that is recorded on the company's balance sheet. Investors also form their own opinion of Westport Fuel's value that differs from its market value or its book value, called intrinsic value, which is Westport Fuel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westport Fuel's market value can be influenced by many factors that don't directly affect Westport Fuel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Westport Fuel's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Westport Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westport Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.