WKSP vs. REE, CREV, XOS, CENN, ECDA, PEV, GP, LIDR, ZEV, and FLYE
Should you be buying Worksport stock or one of its competitors? The main competitors of Worksport include REE Automotive (REE), Carbon Revolution Public (CREV), XOS (XOS), Cenntro (CENN), ECD Automotive Design (ECDA), Phoenix Motor (PEV), GreenPower Motor (GP), AEye (LIDR), Lightning eMotors (ZEV), and Fly-E Group (FLYE). These companies are all part of the "automobiles and trucks" industry.
Worksport vs.
REE Automotive (NASDAQ:REE) and Worksport (NASDAQ:WKSP) are both small-cap auto/tires/trucks companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, dividends, valuation, institutional ownership, profitability, risk and analyst recommendations.
REE Automotive has a net margin of 0.00% compared to Worksport's net margin of -242.68%. Worksport's return on equity of -85.53% beat REE Automotive's return on equity.
REE Automotive received 9 more outperform votes than Worksport when rated by MarketBeat users. However, 75.00% of users gave Worksport an outperform vote while only 37.50% of users gave REE Automotive an outperform vote.
In the previous week, Worksport had 2 more articles in the media than REE Automotive. MarketBeat recorded 3 mentions for Worksport and 1 mentions for REE Automotive. REE Automotive's average media sentiment score of 1.22 beat Worksport's score of 0.00 indicating that REE Automotive is being referred to more favorably in the media.
12.7% of REE Automotive shares are held by institutional investors. Comparatively, 16.1% of Worksport shares are held by institutional investors. 6.0% of REE Automotive shares are held by insiders. Comparatively, 9.4% of Worksport shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Worksport has higher revenue and earnings than REE Automotive. Worksport is trading at a lower price-to-earnings ratio than REE Automotive, indicating that it is currently the more affordable of the two stocks.
REE Automotive has a beta of 3.18, suggesting that its share price is 218% more volatile than the S&P 500. Comparatively, Worksport has a beta of 2.07, suggesting that its share price is 107% more volatile than the S&P 500.
REE Automotive presently has a consensus target price of $12.50, suggesting a potential upside of 332.53%. Worksport has a consensus target price of $16.33, suggesting a potential upside of 475.12%. Given Worksport's higher possible upside, analysts plainly believe Worksport is more favorable than REE Automotive.
Summary
Worksport beats REE Automotive on 10 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:WKSP) was last updated on 4/26/2025 by MarketBeat.com Staff
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