Westport Innovations (WPRT) Scheduled to Post Earnings on Wednesday
Westport Innovations (NASDAQ:WPRT) will announce its Q313 earnings results on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.48) per share and revenue of $50.77 million for the quarter.
Shares of Westport Innovations (NASDAQ:WPRT) opened at 17.18 on Tuesday. Westport Innovations has a 52 week low of $16.03 and a 52 week high of $35.40. The stock’s 50-day moving average is $17.86 and its 200-day moving average is $22.49. The company’s market cap is $1.078 billion.
WPRT has been the subject of a number of recent research reports. Analysts at FBR Capital Markets initiated coverage on shares of Westport Innovations in a research note on Wednesday, February 19th. They set an “outperform” rating and a $25.00 price target on the stock. On the ratings front, analysts at Jefferies Group cut their EPS estimates on shares of Westport Innovations in a research note on Tuesday. They now have a “hold” rating on the stock. They previously had a “buy” rating and a $28.00 price target on the stock. Finally, analysts at UBS AG initiated coverage on shares of Westport Innovations in a research note on Tuesday, December 17th. They set a “sell” rating and a $28.00 price target on the stock. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $30.11.
Westport Innovations Inc (NASDAQ:WPRT) is a provider of engine and fuel system technologies utilizing gaseous fuels.
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