- Investing.com
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 four segments: Cespira, Light-Duty, High-Pressure Controls and Systems, and Heavy-Duty OEM. It offers alternative fuel, such as hydrogen (H2), liquefied natural gas (LNG), biogas, biomethane, renewable natural gas (RNG), compressed natural gas (CNG), and liquefied petroleum gas (LPG); and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits, and high-pressure hydrogen components. The company also provides LNG HPDI fuel system products to engine manufacturers and commercial vehicle original equipment manufacturers. In addition, it offers direct injection engine technology and fuel storage solutions to original equipment manufacturers, delayed original equipment manufacturers, and independent aftermarkets. It provides its products under the BRC, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, Valtek, Cespira, STAKO, AFS, Emer, and GFI brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.
Exceeding Expectations | Westport Fuel Systems surpassed Q2 2024 forecasts, showcasing improved cost reduction, operational efficiency, and progress towards profitability |
Market Headwinds | Explore how customer destocking impacted sales volumes, and learn about management's agile response to these challenges in the alternative fuel secto |
Strategic Alliances | Delve into Westport's joint venture with Volvo and its success with Euro 6 and 7 customers, positioning the company for potential growth and innovation |
Future Prospects | Analysts project a 10% revenue decline but anticipate sales volume normalization. RBC Capital Markets sets an $8.00 price target with a "Sector Perform" rating |
Metrics to compare | WPRT | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipWPRTPeersSector | |
---|---|---|---|---|
P/E Ratio | −6.1x | −1.1x | 12.5x | |
PEG Ratio | −0.08 | 0.01 | 0.03 | |
Price/Book | 0.5x | 1.4x | 1.4x | |
Price / LTM Sales | 0.2x | 0.6x | 1.2x | |
Upside (Analyst Target) | 98.6% | 0.0% | 16.5% | |
Fair Value Upside | Unlock | 2.1% | 7.0% | Unlock |