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Workhorse Group (WKHS)
NASDAQ:WKHS
Workhorse Group (WKHS) Stock Price & Analysis
6,918 Followers
WKHS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.15 - $1.36
Previous Close$0.18
Volume9.78M
Average Volume (3M)15.03M
Market Cap
$56.63M
Enterprise Value$51.69M
Total Cash (Recent Filing)$25.85M
Total Debt (Recent Filing)$20.18M
Price to Earnings (P/E)-0.3
Beta1.67
Next Earnings
Aug 06, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.57
Shares Outstanding314,830,058
10 Day Avg. Volume19,921,970
30 Day Avg. Volume15,030,958
Standard Deviation0.86
R-Squared0.02
Alpha0.07
Financial Highlights & Ratios
Price to Book (P/B)0.68
Price to Sales (P/S)13.03
Price to Cash Flow (P/CF)-0.50
P/FCF Ratio0.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.70
Enterprise Value/Gross Profit-2.05
Enterprise Value/Ebitda-0.71
Forecast
1Y Price Target
$0.43Price Target Upside135.87% Upside
Rating ConsensusHold
Number of Analyst Covering4
Workhorse Group News
Bulls Say, Bears Say
Bulls Say
Cost ManagementManagement's commitment to reduce operating costs through a significant workforce reduction is anticipated to save the company $10M-$12M annually, enhancing its financial stability.
Financial StrategyThe company's proactive measures, including a convertible note transaction and a sale leaseback of its Union City facility, are strategically set to strengthen its financial position and address liquidity concerns.
Product DemandWith California's increased focus on zero emission vehicles, demand for the company's W56 model is expected to rise, as evidenced by recent firm purchase orders.
Bears Say
Financial HealthCash burn expected to come down to ~$20M/quarter, indicating ongoing financial burn.
Financing ChallengesManagement is in negotiations to establish financing sources which will raise the firm's cost of capital and potentially include a dilutive equity component.
Solvency ConcernsThe company to be able to address the going concern issue which was announced in the 10K.
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Ownership Overview
9.02% Insiders
5.41% Mutual Funds
6.60% Other Institutional Investors
78.97% 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.
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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 84 days.
How were Workhorse Group’s earnings last quarter?
Currently, no data Available
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 314,606,260 shares outstanding.
What happened to Workhorse Group’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Workhorse Group?
Among the largest hedge funds holding Workhorse Group’s share is Wexford Capital LP. It holds Workhorse Group’s shares valued at 19K.
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Workhorse Group Stock Smart Score
Underperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$0.43 (135.87% Upside)
$0.43 (135.87% Upside)
Blogger Sentiment
Neutral
WKHS Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 68.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-83.17%
12-Months-Change
Fundamentals
Return on Equity
-129.29%
Trailing 12-Months
Asset Growth
-22.47%
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.
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WKHS Company Deck
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WKHS Earnings Call
Q4 2024
0:00 / 0:00
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WKHS Stock 12 Month Forecast
Average Price Target
$0.43
▲(135.87% Upside)
Technical Analysis
Best Analysts Covering WKHS
1 Year
1 Year Success Rate
1/12 ratings generated profit
1 Year Average Return
-58.96%
downgraded a sell rating 2 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 -58.96% per trade.
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