Head-To-Head Comparison: Westport Fuel Systems (NASDAQ:WPRT) versus EVgo (NASDAQ:EVGO)

EVgo (NASDAQ:EVGOGet Free Report) and Westport Fuel Systems (NASDAQ:WPRTGet Free Report) are both small-cap auto/tires/trucks companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.

Earnings & Valuation

This table compares EVgo and Westport Fuel Systems”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
EVgo $256.83 million 4.68 -$44.33 million ($0.41) -9.54
Westport Fuel Systems $293.58 million 0.12 -$21.84 million ($2.93) -0.68

Westport Fuel Systems has higher revenue and earnings than EVgo. EVgo is trading at a lower price-to-earnings ratio than Westport Fuel Systems, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

17.4% of EVgo shares are held by institutional investors. Comparatively, 21.3% of Westport Fuel Systems shares are held by institutional investors. 58.8% of EVgo shares are held by company insiders. Comparatively, 0.8% of Westport Fuel Systems shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Volatility and Risk

EVgo has a beta of 2.35, indicating that its share price is 135% more volatile than the S&P 500. Comparatively, Westport Fuel Systems has a beta of 2.9, indicating that its share price is 190% more volatile than the S&P 500.

Profitability

This table compares EVgo and Westport Fuel Systems’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
EVgo -15.72% N/A -5.85%
Westport Fuel Systems -16.85% -16.12% -7.34%

Analyst Recommendations

This is a summary of current ratings and recommmendations for EVgo and Westport Fuel Systems, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EVgo 1 2 6 0 2.56
Westport Fuel Systems 1 1 1 0 2.00

EVgo currently has a consensus target price of $5.82, suggesting a potential upside of 48.76%. Westport Fuel Systems has a consensus target price of $6.93, suggesting a potential upside of 248.41%. Given Westport Fuel Systems’ higher possible upside, analysts clearly believe Westport Fuel Systems is more favorable than EVgo.

Summary

EVgo beats Westport Fuel Systems on 8 of the 14 factors compared between the two stocks.

About EVgo

(Get Free Report)

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services. It also provides ancillary services, such as customization of digital applications, charging data integration, loyalty programs, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare such as data, research, and advertising services and equipment procurement and operational services. EVgo, Inc. was incorporated in 2010 and is headquartered in Los Angeles, California.EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

About Westport Fuel Systems

(Get Free Report)

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket. It offers alternative fuel systems and components, such as liquefied petroleum gas (LPG), compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas or biomethane, and hydrogen; and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits and high-pressure hydrogen components. The company provides Westport’s LNG high pressure direct injection 2.0 fuel system and bi-fuel products; offers turnkey solutions covering all process phases, including prototyping, development, calibration, validation, homologation, vehicle conversion and logistic services, as well as systems for diesel-powered vehicles; and supplies hydrogen fuel system components for light, medium, and heavy-duty applications. It offers its products under the AFS, BRC, Emer, GFI, HPDI, Stako, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, and Valtek brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

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