Westport Innovations Inc. (WPRT) in Focus: Stock Surges 14%

Zacks Equity Research

Fri, Oct 17, 2014, 9:09 AM

Westport Innovations Inc. (WPRT) was a big mover last session, as the company saw its shares rise close to 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 50% in the past one-month time frame.

This auto parts industry stock has seen 7 negative revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Westport Innovations currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Investors interested in the broader consumer goods sector may consider Power Solutions International, Inc. (PSIX), Gentherm Incorporated (THRM) and Toyota Motor Corporation (TM), each sporting a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

WESTPORT INNOVATIONS ORD (WPRT): Free Stock Analysis Report

POWER SOLUTIONS INTERNATIONAL IN (PSIX): Free Stock Analysis Report

GENTHERM INC (THRM): Free Stock Analysis Report

TOYOTA MOTOR CORP (TM): Free Stock Analysis Report

Zacks Investment Research

Trump Media stock jumps for second day as company goes to battle with short sellers
Trump Media is advising investors on ways to prevent their shares from being loaned for a short-interest position.
Yahoo Finance•8h ago
Netflix reports strong subscriber gains, but Q2 revenue forecast disappoints
Netflix reported first quarter earnings after the bell on Thursday. Here's what to know.
Yahoo Finance•4h ago
Billionaire Warren Buffett Recently Cut This Stock From Berkshire Hathaway's Portfolio. It Just Dropped 53% In 1 Day. Here's What Investors Need to Know.
The insurer was accused by a short-seller of "extensive" fraud.
Motley Fool•2d ago
The Most Active Stock Trader in Congress Is Buying Shares of This Magnificent Stock-Split Stock
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.
Motley Fool•16h ago
DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers.
An FAQ on the Truth Social owner’s website gave stockholders multiple ways to avoid their shares being lent to short sellers.
Barrons.com•4h ago
Kinder Morgan (KMI) Beats on Q1 Earnings, Hikes Dividend
Kinder Morgan's (KMI) Q1 earnings gain from increased financial contributions from the Natural Gas Pipelines, Products Pipelines and Terminals business segments.
Zacks•9h ago
Jamie Dimon Knew Subprime 'Could Go Up In Smoke'; Now He's Worried About An Artificial Economy 'Fueled by Government Deficit Spending'
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
Benzinga•10h ago
4 Members of Congress Generated Triple-Digit Returns in the Stock Market Last Year: These Are the 3 Stocks They Bought
These members of Congress delivered greater returns than Warren Buffett in 2023.
Motley Fool•15h ago
'We've evolved': Netflix explains decision to stop reporting crucial subscriber data
Netflix will no longer report membership numbers starting next year.
Yahoo Finance•3h ago
Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?' I'm 65 and Have 82% of My 401(k) in Equities
In my 401(k) retirement plan, I’m 82% stocks. I’m 65 and still working. Should I be moving my stocks to bonds? -Bob While it's not a satisfying answer, the real answer is that "it depends." The decision of whether to shift your 401(k) to a more conservative asset allocation will depend primarily on your longer-term […] The post Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?’ I’m 65 and Have 82% of My 401(k) in Equities appeared first on SmartReads by SmartAsset.
SmartAsset•9h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Westport Innovations Inc. (WPRT) in Focus: Stock Surges 14%

Recommended Stories

Trump Media stock jumps for second day as company goes to battle with short sellers

Netflix reports strong subscriber gains, but Q2 revenue forecast disappoints

Billionaire Warren Buffett Recently Cut This Stock From Berkshire Hathaway's Portfolio. It Just Dropped 53% In 1 Day. Here's What Investors Need to Know.

The Most Active Stock Trader in Congress Is Buying Shares of This Magnificent Stock-Split Stock

DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers.

Kinder Morgan (KMI) Beats on Q1 Earnings, Hikes Dividend

Jamie Dimon Knew Subprime 'Could Go Up In Smoke'; Now He's Worried About An Artificial Economy 'Fueled by Government Deficit Spending'

4 Members of Congress Generated Triple-Digit Returns in the Stock Market Last Year: These Are the 3 Stocks They Bought

'We've evolved': Netflix explains decision to stop reporting crucial subscriber data

Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?' I'm 65 and Have 82% of My 401(k) in Equities