How to Buy Westport Fuel Systems Stock
Westport Fuel Systems Inc
Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications worldwide.
Westport Fuel Systems stock last closed at $5.69, up 0.8% from the previous day, and has decreased 27.06% in one year. It has underperformed other stocks in the Auto Parts industry by 0.22 percentage points. Westport Fuel Systems stock is currently +16.12% from its 52-week low of $4.90, and -52.58% from its 52-week high of $12.00.
As of Apr 26, 2024, there are 17.17M shares of WPRT outstanding. The market capitalization of WPRT is $97.72M. In the past 24 hours, 47,987 WPRT shares were traded.
How to Buy Westport Fuel Systems Stock
Not sure how to invest in Westport Fuel Systems stock? Here's how.
- Figure out where to buy Westport Fuel Systems stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Westport Fuel Systems stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your information.
- Research Westport Fuel Systems stock: The Westport Fuel Systems ticker symbol is WPRT. Is Westport Fuel Systems stock a good investment? Should you buy shares of WPRT? How do WPRT's underlying business fundamentals look? Do top analysts think Westport Fuel Systems is a good buy? Why has WPRT's stock price moved recently? (Hint: Our stock analysis website can help you understand if WPRT is a good stock to buy).
- Make your WPRT buy order: Decide if you will purchase WPRT shares at the current market price or use a limit order to buy WPRT stock at a specific price.
- Track your WPRT investment: Create a watchlist to important updates regarding your new investment in Westport Fuel Systems stock.
Step 1: Figure out where to buy Westport Fuel Systems stock
You will need an online brokerage account in order to access the NASDAQ market and buy WPRT stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can buy WPRT today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
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Step 3: Put funds into your investment account
Now that you have opened your account on the best stock app, you need to deposit funds:
Watch the walkthrough below to see the process of transferring money into your investment account.
Step 4: Research Westport Fuel Systems stock
After you have selected the best place to buy Westport Fuel Systems stock, it's very important to research their stock prior to investing, so you actually comprehend the risk and upside.
Westport Fuel Systems Numbers
WPRT Overview
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on WPRT's stock page.
What is the fair value of WPRT stock?
Analysts use many financial metrics, analyses, models, and charts to gauge WPRT's intrinsic value.
Using relative valuations ratios:
- WPRT may be undervalued based on its P/B ratio of 0.61x, relative to Auto Parts industry P/B ratio of 1.78x
You can access additional valuation research on WPRT's stock here.
WPRT Financial Summary
Positive Financial Indicators:
- WPRT has cash burn of 28767000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the WPRT balance sheet.
- Total WPRT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the WPRT balance sheet.
- WPRT has $54.85M in cash and short term investments. This is sufficient to cover its annual cash burn of $28.77M.
Negative Financial Indicators:
- WPRT has a relatively high debt to equity ratio of 1.22.
- WPRT profit margin has gone down from -10.7% to -15% in the past year.
Do analysts think it's a good time to buy WPRT stock
Out of 3 Equities analysts who give recommendations on WPRT, the consensus analyst rating on Westport Fuel Systems is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Westport Fuel Systems stock forecast page.
WPRT Technicals
WPRT Performance Numbers
Last year, WPRT revenue was $331.80M. In the past 5 year, WPRT's revenue has gone up by 4.19% per year. This was slower than the Auto Parts industry average of 9.17%.
Find out more about WPRT's earnings and revenue performance here.
What are WPRT insiders up to?
In the last 12 months, insiders at WPRT have not bought or sold any shares.
Dig into more about who owns WPRT shares here.
Can I rely on WPRT as an income stream?
No, Westport Fuel Systems doesn't provide an income stream by paying out dividends.
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Step 5: Make your WPRT buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you require more assistance buying stocks on eToro, click the helpful video below:
Step 6: Track your WPRT investment
Now that you own some WPRT shares, you'll want to stay up-to-date on your shares.
Add WPRT to a watchlist to get notified of important updates regarding your WPRT stock.
WPRT Feed
How to Buy Stock in Westport Fuel Systems
To summarize, here are the 6 steps you need to take to buy Westport Fuel Systems stock right now:
- Figure out where to buy Westport Fuel Systems stock
- Open your brokerage account
- Put funds into your investment account
- Research Westport Fuel Systems stock
- Make your WPRT buy order
- Track your WPRT investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your investment in Westport Fuel Systems, create a watchlist today.
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