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WPRT $5.45

WPRT target price
5.45
0
0

Westport Innovations (NASDAQ: WPRT, TSX: WPT) is a company that develops alternative fuel, low-emissions technologies to allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen and biofuels such as landfill gas. Headquartered in Vancouver, Canada, where the company was founded, Westport also has facilities in France, Sweden, Italy, China, Australia and the United States.

Westport is best known for its technology that allows the diesel engine to operate on natural gas without modifications to the engine's combustion chamber. Since its inception, however, Westport has developed technology solutions for a variety of vertical markets.

In the early 1980s Philip Hill, then a University of British Columbia mechanical engineering professor, sought improvements to natural gas combustion in engines. Hill's team of graduate students and research engineers focused on natural gas as a fuel in diesel engines to reduce emissions of nitrogen oxides (NOx) and harmful atmospheric particulate matter. At the same time, he wanted to preserve the performance, fuel economy, durability and reliability characteristics of the traditional diesel engine.

With funding limited and finding few suitable commercial components or testing equipment, Hill and his team designed and fabricated their own components and equipment. The theoretical results they obtained from their research and experimentation was a significant factor in the later development of Westport.

By injecting a small amount of diesel fuel before a main, high-pressure, direct injection (HPDI) of natural gas to start the combustion, Hill was able to successfully retain important characteristics of the diesel engine. In 1994, through UBC's University-Industry Liaison Office, Hill met David Demers, who later became Westport's CEO. In 1995 the two founded Westport Innovations Inc. to capitalize on the HPDI technology.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2021 2022-11-07 Future report Set alerts
Q2 2021 2022-08-08 -0.07 -0.07
Q2 2022 2022-08-03 Future report Set alerts
Q1 2022 2022-05-06 Future report Set alerts
Q4 2021 2022-03-14 0.03 0.03
Q1 2021 2021-05-06 -0.02 -0.02
Q4 2020 2021-03-15 0.03 0.03
Q3 2020 2020-11-09 0.01 0.00
Q2 2020 2020-08-07 0.02 0.02
Q1 2020 2020-06-04 -0.11 -0.11

Ratings

2016-06-20 Initiated Coverage Rodman & Renshaw Buy $5.00
2016-06-20 Reiterated Rating HC Wainwright Buy
2016-06-02 Reiterated Rating Canaccord Genuity Hold
2016-05-14 Reiterated Rating Canaccord Genuity Hold
2016-03-30 Reiterated Rating Canaccord Genuity Hold $5.00
2015-11-13 Reiterated Rating Piper Jaffray Neutral $4.50 to $3.00
2015-11-13 Reiterated Rating Piper Jaffray Cos. Neutral $4.50 to $3.00
2015-11-11 Lower Price Target Cowen and Company Market Perform $5.00 to $3.00
2015-11-11 Lower Price Target Canaccord Genuity Hold $6.00 to $5.00
2015-11-11 Lower Price Target RBC Capital Sector Perform $5.50 to $4.00
2015-11-11 Lower Price Target Royal Bank Of Canada Sector Perform $5.50 to $4.00
2015-09-03 Reiterated Rating Canaccord Genuity Hold $6.00
2015-07-31 Reiterated Rating Canaccord Genuity Hold $6.00
2015-07-30 Lower Price Target RBC Capital Sector Perform $6.00 to $5.50
2015-07-28 Reiterated Rating Goldman Sachs Sell
2015-07-28 Reiterated Rating Goldman Sachs Group Inc. Sell
2015-05-11 Boost Price Target Jefferies Group Hold $5.00 to $6.00
2015-05-08 Reiterated Rating Deutsche Bank Hold $6.00
2015-05-08 Upgrade Lake Street Capital Hold to Buy $9.00
2015-05-08 Reiterated Rating Deutsche Bank AG Hold $6.00
2015-04-27 Initiated Coverage Cowen and Company Market Perform $4.50
2015-04-10 Reiterated Rating Deutsche Bank Hold $8.00 to $6.00
2015-03-10 Lower Price Target Deutsche Bank Hold $8.00 to $6.00
2015-03-10 Boost Price Target Jefferies Group Hold $4.00 to $5.00
2015-03-10 Lower Price Target RBC Capital Sector Perform $7.00 to $5.00
2015-03-10 Lower Price Target Northland Securities Hold $6.00 to $5.50
2015-03-02 Reiterated Rating Canaccord Genuity Hold $6.00
2015-01-15 Lower Price Target Jefferies Group Hold $5.25 to $4.00
2014-12-18 Initiated Coverage Stifel Nicolaus Hold
2014-12-01 Downgrade Jefferies Group Buy to Hold $8.00 to $5.25
2014-11-11 Upgrade Cormark Reduce to Market Perform
2014-11-03 Reiterated Rating Jefferies Group Buy $16.00 to $8.00
2014-10-31 Downgrade Deutsche Bank Buy to Hold $12.00 to $8.00
2014-10-17 Initiated Coverage MLV & Co. Hold $7.00
2014-10-02 Lower Price Target Canaccord Genuity Hold $17.00 to $9.50
2014-10-02 Downgrade Cormark Reduce
2014-10-01 Reiterated Rating JPMorgan Chase & Co. Neutral $12.00 to $8.50
2014-10-01 Downgrade Lake Street Capital Buy to Hold $45.00 to $20.00
2014-10-01 Lower Price Target Northland Securities Market Perform $15.00 to $9.00
2014-10-01 Lower Price Target RBC Capital Sector Perform $17.00 to $11.00
2014-08-01 Reiterated Rating Deutsche Bank Buy $20.00
2014-08-01 Boost Price Target Canaccord Genuity $15.00 to $17.00
2014-05-09 Lower Price Target RBC Capital $23.00 to $17.00
2014-05-02 Reiterated Northland Capital Market Perform $17 to $13
2014-05-02 Lower Price Target Canaccord Genuity $20.00 to $15.00
2014-05-02 Lower Price Target Northland Securities Market Perform $17.00 to $13.00
2014-05-01 Lower Price Target JPMorgan Chase & Co. Neutral $17.00 to $12.00
2014-02-27 Reiterated RBC Capital Mkts Sector Perform $27 to $23
2014-02-27 Reiterated Northland Capital Market Perform $24 to $17
2014-02-27 Lower Price Target RBC Capital Sector Perform $27.00 to $23.00
2014-02-27 Lower Price Target Canaccord Genuity Hold $28.00 to $20.00
2014-02-27 Lower Price Target Northland Securities Market Perform $24.00 to $17.00
2014-02-19 Initiated Coverage FBR & Co. Outperform $25.00
2013-11-07 Initiated Coverage Ascendiant Capital Markets Buy $29.00
2013-10-31 Reiterated Rating RBC Capital Sector Perform $27.00
2013-10-31 Reiterated Rating Deutsche Bank Buy $36.00
2013-10-03 Lower Price Target RBC Capital Sector Perform $28.00 to $27.00
2013-09-30 Lower Price Target JPMorgan Chase & Co. Neutral $26.00 to $23.00
2013-09-27 Lower Price Target Jefferies Group Buy $38.00 to $35.00
2012-11-15 Initiated Deutsche Bank Buy
2012-09-19 Reiterated KeyBanc Capital Mkts Hold
2012-05-09 Reiterated Northland Securities Outperform $52 to $47
2012-03-30 Initiated Capstone Investments Buy $49
2012-03-22 Reiterated JMP Securities Mkt Outperform $48 to $54
2012-02-16 Reiterated Northland Securities Outperform $40 to $52
2011-09-22 Resumed Canaccord Genuity Hold $30
2011-09-08 Reiterated Northland Securities Outperform $33 to $35
2011-07-26 Reiterated Northland Securities Outperform $31 to $33
2011-04-04 Reiterated Northland Securities Outperform $23 to $31
2010-11-04 Reiterated Northland Securities Outperform $21 to $23
2016-06-20 Initiated Coverage Rodman & Renshaw Buy $5.00
2016-06-20 Reiterated Rating HC Wainwright Buy
2016-06-02 Reiterated Rating Canaccord Genuity Hold
2016-05-14 Reiterated Rating Canaccord Genuity Hold
2016-03-30 Reiterated Rating Canaccord Genuity Hold $5.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In WPRT 0 funds of 2213 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks