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Why is Westport (WPRT) up 3.2% since last earnings report?

It has been about a month since the last earnings report for Westport Innovations (WPRT - Free Report) . Shares have added about 3.2% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Westport due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How have estimates been moving since then?

It turns out, estimates revision flatlined during the past month.

The consensus estimate has shifted 25.64% due to these changes.

VGM scores

Currently, Westport has an average Growth Score of C, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Westport has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an industry player

Westport is part of the Zacks Automotive - Original Equipment industry. Over the past month, Adient (ADNT - Free Report) , a stock from the same industry, has gained 18.5%. The company reported its results for the quarter ended March 2025 more than a month ago.

Adient reported revenues of $3.61 billion in the last reported quarter, representing a year-over-year change of -3.7%. EPS of $0.69 for the same period compares with $0.54 a year ago.

Adient is expected to post earnings of $0.46 per share for the current quarter, representing a year-over-year change of +43.8%. Over the last 30 days, the Zacks Consensus Estimate has changed -2.1%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Adient. Also, the stock has a VGM Score of A.

Five stocks set to double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.


Want the latest recommendations from Zacks Investment Research? Download 7 Best Stocks for the Next 30 Days. Click to get this free report


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