Westport Fuel Systems Inc. (NASDAQ: WPRT) shares are -26.58% down in the year-to-date (YTD) period and have moved 2.35% or $0.04 higher in the latest trading session. However, stock’s trailing 12-month performance remains nearly +148.57% lower. Comparatively, the stock is -39.16% down YTD and 20.83% over the trailing 3-month period. If we look at the shorter duration, its week performance is -3.33% and 16.78% over the month.
On February 05, 2019, Lake Street recommended the WPRT stock is a Hold, while earlier, Lake Street had Upgrade the stock as a Buy on May 10, 2019. 5 analysts offering the recommendations for the stock have a consensus rating of 2.00 to suggest that the WPRT stock is a “Moderate Buy. 0 of the 5 analysts rate the stock as a “Sell”, while 0 has rated it as “Underweight”. 4 recommend buying, with 0 rating it as an Overweight.
The stock currently trades at $1.74. The forecasts give the Westport Fuel Systems Inc. stock a price target range of $5.00 on the higher side while at least one analyst think the stock could plunge to a low of $2.50. The two limits represent an upside potential of 65.2% or 30.4%.
Analysts estimate the earnings to increase 128.60% in the current quarter to -$0.04, down from the $0.04 reported in the same quarter a year ago. For the current year, earnings should grow to an average of -$0.13, down -28.90% from $0 reported last year. Analysts also offered guidance for the next financial quarter, with their average projected EPS at between -$0.01 and $0.03. Wall Street estimates earnings per share to be at an average of $0.11 for the next year.
Insider Transactions Summary
According to SEC data, total insider shares purchases at the company stands at 0 over the last 12 months, while SEC filings reveal that there have been 0 insider sales over the same period. Insiders have purchases 0 shares while those sold by company executives and officers stand at 0. The last 3 months have seen insiders trade a total of 0 and 0 in purchases and sales respectively.
Azul S.A. (NYSE:AZUL), on the other hand, is trading around $12.77 with a market cap of $1.33B and analyst research firms have a positive stance on its shares. Analysts predict that the stock will reach $12.29 and spell out a less modest performance – a -3.91% return. Some analysts are even forecasting -$2.96 per share in earnings this year on a short term (1 year) basis.
Let us briefly look at the Azul S.A. (AZUL) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.
Company balance sheet and cash flow
AZUL’s operating margin was negative on the trailing 12 months basis, remaining steady at -26.50%, while the operating expenses over the recent quarter were at $284.91 million. This represented a 55.0% of the company’s total revenues which amounted $633.13 million. With this in place, we can see that the company’s diluted EPS declined -$4.02 on the year-over-year period, growing to $0.31 as given in the last earnings report.
In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $4.25 billion from $4.86 billion over the previous quarter. Short term investments amounted to $189.35 million while total current assets were at $807.03 million. The cash flow from operating activities totaled $9.69 million, significantly lower than the $57.3 million reported in the year-ago quarter. The company’s free cash flow for the quarter was -$40.59 million.
Investors are also buoyed by the number of investors in a company, with Azul S.A. having a total of 140 institutions that hold shares in the company. The top two institutional holders are Capital Research Global Investors with over 4.05 million shares worth more than $45.3 million. As of Jun 29, 2020, Capital Research Global Investors held 3.69% of shares outstanding.
The other major institutional holder is Federated Hermes, Inc., with the investment firm holding over 3.12 million shares as of Jun 29, 2020. The firm’s total holdings are worth over $34.89 million and represent 2.84% of shares outstanding.