News stories about Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPT) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.11 on Accern’s scale. Accern also assigned headlines about the auto parts company an impact score of 46.0615412287609 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- Westport Fuel Systems Closes Offering of Common Shares - GlobeNewswire (press release) (globenewswire.com)
- Trader’s Roundup: Westport Fuel Systems Inc (WPRT) - Post Registrar (postregistrar.com)
- Trending Stock in Review: Westport Fuel Systems Inc (NASDAQ:WPRT) (healthcaremenu.net)
- Analysts Opinions on: Westport Fuel Systems Inc. (WPRT) (ismboard.com)
Westport Fuel Systems (NASDAQ:WPRT) opened at 1.60 on Thursday. The stock’s 50 day moving average is $1.96 and its 200 day moving average is $1.38. The stock’s market capitalization is $176.51 million. Westport Fuel Systems has a 12-month low of $0.82 and a 12-month high of $2.65.
Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPT) last released its earnings results on Thursday, May 11th. The auto parts company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.03. The company had revenue of $60 million during the quarter, compared to analysts’ expectations of $77.71 million. Westport Fuel Systems had a negative net margin of 32.70% and a negative return on equity of 81.28%. Westport Fuel Systems’s revenue for the quarter was up 150.0% compared to the same quarter last year. Equities analysts anticipate that Westport Fuel Systems will post ($0.47) EPS for the current fiscal year.
Several brokerages have recently issued reports on WPRT. HC Wainwright reiterated a “buy” rating and issued a $5.00 target price on shares of Westport Fuel Systems in a research note on Tuesday, March 28th. Cowen and Company reiterated a “hold” rating and issued a $1.50 target price on shares of Westport Fuel Systems in a research note on Friday, July 14th. S&P Equity Research dropped their target price on shares of Westport Fuel Systems from $1.00 to $0.88 in a research note on Friday, March 24th. Zacks Investment Research upgraded shares of Westport Fuel Systems from a “hold” rating to a “buy” rating and set a $2.25 target price on the stock in a research note on Thursday, July 13th. Finally, ValuEngine upgraded shares of Westport Fuel Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://stocknewstimes.com/2017/07/20/westport-fuel-systems-wprt-receiving-somewhat-favorable-media-coverage-study-shows.html.
Westport Fuel Systems Company Profile
Westport Fuel Systems Inc (Westport), 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.
Receive News & Ratings for Westport Fuel Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westport Fuel Systems Inc and related companies with MarketBeat.com's FREE daily email newsletter.
