What is HC Wainwright’s Forecast for WPRT Q1 Earnings?

Westport Fuel Systems Inc. (NASDAQ:WPRT) (TSE:WPRT) – Investment analysts at HC Wainwright issued their Q1 2025 earnings per share estimates for shares of Westport Fuel Systems in a report issued on Wednesday, April 9th. HC Wainwright analyst A. Dayal forecasts that the auto parts company will post earnings of ($0.47) per share for the quarter. HC Wainwright has a “Buy” rating and a $7.00 price objective on the stock. The consensus estimate for Westport Fuel Systems’ current full-year earnings is ($1.69) per share. HC Wainwright also issued estimates for Westport Fuel Systems’ Q2 2025 earnings at ($0.39) EPS, Q3 2025 earnings at ($0.90) EPS, Q4 2025 earnings at ($0.66) EPS, FY2025 earnings at ($2.42) EPS, FY2026 earnings at ($1.15) EPS, FY2027 earnings at ($0.91) EPS and FY2028 earnings at ($0.42) EPS.

Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPRT) last posted its earnings results on Monday, March 31st. The auto parts company reported ($0.59) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.35). The business had revenue of $75.10 million for the quarter, compared to analyst estimates of $70.68 million. Westport Fuel Systems had a negative net margin of 8.01% and a negative return on equity of 25.57%.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada lowered their price target on shares of Westport Fuel Systems from $8.00 to $4.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 1st. Cormark cut their price target on Westport Fuel Systems from $11.50 to $10.80 in a research note on Tuesday, April 1st.

Westport Fuel Systems Price Performance

Shares of NASDAQ WPRT opened at $2.78 on Friday. The firm’s 50-day simple moving average is $3.88 and its 200 day simple moving average is $4.07. The stock has a market cap of $48.05 million, a P/E ratio of -1.87 and a beta of 2.80. The company has a quick ratio of 1.00, a current ratio of 1.60 and a debt-to-equity ratio of 0.16. Westport Fuel Systems has a fifty-two week low of $2.50 and a fifty-two week high of $6.60.

Hedge Funds Weigh In On Westport Fuel Systems

A number of institutional investors have recently added to or reduced their stakes in the stock. Grace & White Inc. NY increased its stake in Westport Fuel Systems by 40.3% in the 4th quarter. Grace & White Inc. NY now owns 1,043,980 shares of the auto parts company’s stock valued at $3,737,000 after buying an additional 299,798 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Westport Fuel Systems by 2,384.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 16,374 shares of the auto parts company’s stock valued at $57,000 after acquiring an additional 15,715 shares during the last quarter. Baird Financial Group Inc. lifted its position in Westport Fuel Systems by 34.6% during the fourth quarter. Baird Financial Group Inc. now owns 916,168 shares of the auto parts company’s stock valued at $3,280,000 after purchasing an additional 235,610 shares in the last quarter. Millennium Management LLC purchased a new position in shares of Westport Fuel Systems in the fourth quarter valued at about $149,000. Finally, Parallel Advisors LLC purchased a new stake in Westport Fuel Systems during the first quarter valued at approximately $40,000. 21.30% of the stock is currently owned by institutional investors and hedge funds.

About Westport Fuel Systems

Westport Fuel Systems Inc engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket.