Free Trial
NASDAQ:WKSP

Worksport (WKSP) Stock Price, News & Analysis

Worksport logo
$0.82 +0.00 (+0.19%)
As of 01/17/2025 04:00 PM Eastern

About Worksport Stock (NASDAQ:WKSP)

Key Stats

Today's Range
$0.80
$0.86
50-Day Range
$0.50
$1.06
52-Week Range
$0.36
$1.54
Volume
572,758 shs
Average Volume
1.87 million shs
Market Capitalization
$27.12 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.00
Consensus Rating
Buy

Company Overview

Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. The company also sells its products through wholesalers, private labels, distributors, and online retail channels, including eBay, Amazon, Walmart, and e-commerce platform hosted on Shopify. Worksport Ltd. is based in West Seneca, New York.

Worksport Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
62nd Percentile Overall Score

WKSP MarketRank™: 

Worksport scored higher than 62% of companies evaluated by MarketBeat, and ranked 141st out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Worksport has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Worksport has only been the subject of 1 research reports in the past 90 days.

  • Read more about Worksport's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Worksport is -1.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Worksport is -1.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Worksport has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Worksport's valuation and earnings.
  • Percentage of Shares Shorted

    2.46% of the float of Worksport has been sold short.
  • Short Interest Ratio / Days to Cover

    Worksport has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Worksport has recently decreased by 20.29%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Worksport does not currently pay a dividend.

  • Dividend Growth

    Worksport does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.46% of the float of Worksport has been sold short.
  • Short Interest Ratio / Days to Cover

    Worksport has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Worksport has recently decreased by 20.29%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Worksport has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Worksport this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for WKSP on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Worksport to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Worksport insiders have bought more of their company's stock than they have sold. Specifically, they have bought $25,000.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 9.37% of the stock of Worksport is held by insiders.

  • Percentage Held by Institutions

    Only 16.11% of the stock of Worksport is held by institutions.

  • Read more about Worksport's insider trading history.
Receive WKSP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Worksport and its competitors with MarketBeat's FREE daily newsletter.

WKSP Stock News Headlines

Worksport further expands product line with HD3
Last time you’ll see this priced at $1.00
When was the last time you bought something for a buck? I don’t even think you can buy anything at McDonalds for a dollar anymore!
See More Headlines

WKSP Stock Analysis - Frequently Asked Questions

Worksport's stock was trading at $0.92 at the start of the year. Since then, WKSP stock has decreased by 10.5% and is now trading at $0.8232.
View the best growth stocks for 2025 here
.

Worksport Ltd. (NASDAQ:WKSP) posted its earnings results on Tuesday, November, 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.25) by $0.02. The company had revenue of $0.46 million for the quarter. Worksport had a negative net margin of 242.68% and a negative trailing twelve-month return on equity of 85.53%.

Shares of WKSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Worksport investors own include Scilex (SCLX), Rigetti Computing (RGTI), Pfizer (PFE), PACCAR (PCAR), Novo Nordisk A/S (NVO), Arista Networks (ANET) and Fabrinet (FN).

Company Calendar

Last Earnings
11/14/2023
Today
1/20/2025
Next Earnings (Estimated)
2/04/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Automobiles And Trucks
Current Symbol
NASDAQ:WKSP
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.00
High Stock Price Target
$2.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+143.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-14,930,000.00
Net Margins
-242.68%
Pretax Margin
-242.70%

Debt

Sales & Book Value

Annual Sales
$1.53 million
Book Value
$0.94 per share

Miscellaneous

Free Float
29,852,000
Market Cap
$27.12 million
Optionable
Optionable
Beta
0.47
20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report

This page (NASDAQ:WKSP) was last updated on 1/20/2025 by MarketBeat.com Staff
From Our Partners