WKSP vs. REE, CREV, CENN, XOS, ECDA, PEV, GP, FLYE, LIDR, and ZEV
Should you be buying Worksport stock or one of its competitors? The main competitors of Worksport include REE Automotive (REE), Carbon Revolution Public (CREV), Cenntro (CENN), XOS (XOS), ECD Automotive Design (ECDA), Phoenix Motor (PEV), GreenPower Motor (GP), Fly-E Group (FLYE), AEye (LIDR), and Lightning eMotors (ZEV). These companies are all part of the "automobiles and trucks" industry.
Worksport vs.
Worksport (NASDAQ:WKSP) and REE Automotive (NASDAQ:REE) are both small-cap retail/wholesale companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, media sentiment, community ranking, analyst recommendations, risk, profitability and earnings.
In the previous week, Worksport had 3 more articles in the media than REE Automotive. MarketBeat recorded 5 mentions for Worksport and 2 mentions for REE Automotive. REE Automotive's average media sentiment score of 0.51 beat Worksport's score of 0.40 indicating that REE Automotive is being referred to more favorably in the news media.
16.1% of Worksport shares are owned by institutional investors. Comparatively, 12.7% of REE Automotive shares are owned by institutional investors. 9.4% of Worksport shares are owned by insiders. Comparatively, 6.0% of REE Automotive shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers 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 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.
Worksport has a beta of 2.11, meaning that its stock price is 111% more volatile than the S&P 500. Comparatively, REE Automotive has a beta of 2.94, meaning that its stock price is 194% more volatile than the S&P 500.
Worksport presently has a consensus price target of $16.33, indicating a potential upside of 471.90%. REE Automotive has a consensus price target of $14.50, indicating a potential upside of 487.04%. Given REE Automotive's stronger consensus rating and higher probable upside, analysts plainly believe REE Automotive is more favorable than Worksport.
REE Automotive received 9 more outperform votes than Worksport when rated by MarketBeat users. However, 71.43% of users gave Worksport an outperform vote while only 35.90% of users gave REE Automotive an outperform vote.
Summary
Worksport and REE Automotive tied by winning 9 of the 18 factors compared between the two stocks.
Get Worksport News Delivered to You Automatically
Sign up to receive the latest news and ratings for WKSP and its competitors with MarketBeat's FREE daily newsletter.
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.
Worksport Competitors List
Related Companies and Tools
This page (NASDAQ:WKSP) was last updated on 4/4/2025 by MarketBeat.com Staff
Buy WKSP Stock Free WKSP Stock Alerts