The Workhorse Group stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, Data-Driven rating system and does not include human intervention.
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.
What was Workhorse Group’s price range in the past 12 months?
Workhorse Group lowest stock price was $4.14 and its highest was $42.96 in the past 12 months.
What is Workhorse Group’s market cap?
Workhorse Group’s market cap is $1.83B.
What is Workhorse Group’s price target?
The average price target for Workhorse Group is $15.38. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $20.00 ,the lowest forecast is $8.50. The average price target represents 3.43% Increase from the current price of $14.87.
What do analysts say about Workhorse Group?
Workhorse Group’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 6 Wall Streets Analysts.
When is Workhorse Group’s upcoming earnings report date?
Workhorse Group’s upcoming earnings report date is Aug 10, 2021 which is next month.
How were Workhorse Group’s earnings last quarter?
Workhorse Group released its earnings results on May 10, 2021. The company reported -$0.983 earnings per share for the quarter, missing the consensus estimate of -$0.17 by -$0.813.
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 for its next earnings report is not yet available.
How many shares outstanding does Workhorse Group have?
Workhorse Group has 123,260,000 shares outstanding.
What happened to Workhorse Group’s price movement after its last earnings report?
Workhorse Group reported an EPS of -$0.983 in its last earnings report, missing expectations of -$0.17. Following the earnings report the stock price went down -14.523%.
Which hedge fund is a major shareholder of Workhorse Group?
Among the largest hedge funds holding Workhorse Group’s share is ARK Investment Management LLC. It holds Workhorse Group’s shares valued at 55M.