Westport Fuel Stock Target Price and Analyst Consensus

WPRT Stock  USD 5.68  0.04  0.70%   
The current analyst and expert consensus on Westport Fuel is Strong Buy, with 3 strong buy opinions. The current projected Westport Fuel target price consensus is 15.72 with 7 analyst opinions. The most common way Westport Fuel Systems analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Westport Fuel executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Westport Fuel. We strongly encourage you to use your own analysis of Westport Fuel Systems to validate this buy or sell advice. Westport Fuel buy-or-sell recommendation module provides average expert sentiment on the projected Westport Fuel Systems target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Westport Fuel to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
14.31
Highest Forecast
17.45
Target Price
15.72
Gross Profit is likely to drop to about 33.4 M in 2024. Pretax Profit Margin is likely to drop to -0.15 in 2024. At this time, Westport Fuel's Other Assets are comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 1.3 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 68.1 M in 2024.
  
It's important to approach Westport Fuel's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Westport Fuel price targets

Westport Fuel's stock target price is an estimate of its future price, usually made by analysts. Using Westport Fuel's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Westport Fuel's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Westport Fuel's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Westport Fuel Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Westport Fuel is a key component of Westport Fuel valuation and have some predictive power on the future returns of a Westport Fuel.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Westport Fuel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1.335.7510.17
Details
Intrinsic
Valuation
LowRealHigh
3.628.0412.46
Details
Naive
Forecast
LowNextHigh
0.945.369.79
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.7-0.55-0.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Westport Fuel. Your research has to be compared to or analyzed against Westport Fuel's peers to derive any actionable benefits. When done correctly, Westport Fuel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Westport Fuel Systems.

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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 Macroaxis Advice on Westport Fuel to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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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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.