Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Workhorse Group (WKHS)
NASDAQ:WKHS
Workhorse Group (WKHS) Stock Price & Analysis
6,995 Followers
WKHS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.15 - $1.36
Previous Close$0.15
Volume13.77M
Average Volume (3M)16.36M
Market Cap
$56.28M
Enterprise Value$50.62M
Total Cash (Recent Filing)$25.85M
Total Debt (Recent Filing)$20.18M
Price to Earnings (P/E)―
Beta1.89
Next Earnings
Aug 06, 2024EPS Estimate
-$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.52
Shares Outstanding375,229,162
10 Day Avg. Volume10,365,902
30 Day Avg. Volume16,358,627
Standard Deviation0.85
R-Squared0.03
Alpha0.05
Financial Highlights & Ratios
Price to Book (P/B)0.80
Price to Sales (P/S)4.30
Price to Cash Flow (P/CF)-0.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.40
Enterprise Value/Gross Profit-2.00
Enterprise Value/Ebitda-0.42
Forecast
1Y Price Target
$0.36Price Target Upside140.00% Upside
Rating ConsensusHold
Number of Analyst Covering4
Workhorse Group News
PremiumCompany Announcements
Workhorse Group Shareholders Approve Reverse Stock Split
PremiumCompany Announcements
Workhorse Group Refocuses on EV Trucks, Divests Aero Unit
Bulls Say, Bears Say
Bulls Say
Cost ManagementManagement's decision to rein in costs by reducing the workforce should lower operating costs $10M-$12M annually.
Financial PerformanceWorkhorse secured new orders and a crucial financing agreement up to $139 million.
Product DevelopmentAll three vehicle models, the W4CC, W750, and W56, have received HVIP certification.
Bears Say
Cost ManagementCosts of sales rose significantly driven by high inventory reversal costs, higher depreciation and elevated employee compensation.
Financial PerformanceWorkhorse's Q1 2024 highlighted challenges with widening losses and a significant revenue drop.
FinancingManagement is in negotiations to establish financing sources which will raise the firm's cost of capital and potentially include a dilutive equity component.
---
Ownership Overview
7.48% Insiders
4.56% Mutual Funds
7.04% Other Institutional Investors
80.92% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
WKHS FAQ
What was Workhorse Group’s price range in the past 12 months?
Workhorse Group lowest stock price was $0.15 and its highest was $1.36 in the past 12 months.
What is Workhorse Group’s market cap?
Currently, no data Available
When is Workhorse Group’s upcoming earnings report date?
Workhorse Group’s upcoming earnings report date is Aug 06, 2024 which is in 51 days.
How were Workhorse Group’s earnings last quarter?
Workhorse Group released its earnings results on May 20, 2024. The company reported -$0.1 earnings per share for the quarter, missing the consensus estimate of -$0.093 by -$0.007.
Is Workhorse Group overvalued?
According to Wall Street analysts Workhorse Group’s price is currently Undervalued.
Does Workhorse Group pay dividends?
Workhorse Group does not currently pay dividends.
What is Workhorse Group’s EPS estimate?
Workhorse Group’s EPS estimate is -$0.07.
How many shares outstanding does Workhorse Group have?
Workhorse Group has 375,229,160 shares outstanding.
What happened to Workhorse Group’s price movement after its last earnings report?
Workhorse Group reported an EPS of -$0.1 in its last earnings report, missing expectations of -$0.093. Following the earnings report the stock price went down -8.696%.
Which hedge fund is a major shareholder of Workhorse Group?
Among the largest hedge funds holding Workhorse Group’s share is Fisher Asset Management LLC. It holds Workhorse Group’s shares valued at N/A.
---
Workhorse Group Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$0.36 (140.00% Upside)
$0.36 (140.00% Upside)
Blogger Sentiment
Neutral
WKHS Sentiment 57%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 68.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-84.75%
12-Months-Change
Fundamentals
Return on Equity
-148.71%
Trailing 12-Months
Asset Growth
-37.22%
Trailing 12-Months
Company Description
Workhorse Group
Workhorse Group, Inc. engages in designing and build performance battery-electric vehicles and aircraft. It develops cloud-based, real-time telematics performance monitoring systems. The firm operates in two divisions, Automotive and Aviation. The Automotive division operates as a original equipment manufacturer of class 3-6 commercial-grade, medium-duty truck chassis, marketed under the Workhorse brand. The Aviation division offers delivery drones and SureFly multicopter. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Loveland, OH.
---
WKHS Company Deck
---
WKHS Earnings Call
Q1 2024
0:00 / 0:00
---
WKHS Stock 12 Month Forecast
Average Price Target
$0.36
▲(140.00% Upside)
Technical Analysis
Best Analysts Covering WKHS
1 Year
1 Year Success Rate
1/12 ratings generated profit
1 Year Average Return
-59.27%
downgraded a sell rating 3 months ago
Copying Jaime Perez's trades and holding each position for 1 Year would result in 8.33% of your transactions generating a profit, with an average return of -59.27% per trade.
---