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NASDAQ:WKHS

Workhorse Group (WKHS) Stock Price, News & Analysis

Workhorse Group logo
$0.79 -0.05 (-5.97%)
(As of 11/8/2024 ET)

About Workhorse Group Stock (NASDAQ:WKHS)

Key Stats

Today's Range
$0.77
$0.85
50-Day Range
$0.58
$0.91
52-Week Range
$0.57
$8.78
Volume
1.78 million shs
Average Volume
1.18 million shs
Market Capitalization
$19.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.08
Consensus Rating
Reduce

Company Overview

Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Sharonville, Ohio.

Workhorse Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
39th Percentile Overall Score

WKHS MarketRank™: 

Workhorse Group scored higher than 39% of companies evaluated by MarketBeat, and ranked 64th out of 87 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Workhorse Group has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

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

  • Read more about Workhorse Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Workhorse Group are expected to grow in the coming year, from ($4.65) to ($3.40) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Workhorse Group is -0.08, 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 Workhorse Group is -0.08, 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

    Workhorse Group has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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

    23.85% of the float of Workhorse Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Workhorse Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Workhorse Group has recently increased by 28.05%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Workhorse Group does not currently pay a dividend.

  • Dividend Growth

    Workhorse Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    23.85% of the float of Workhorse Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Workhorse Group has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Workhorse Group has recently increased by 28.05%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Workhorse Group has a news sentiment score of 0.14. 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 is a lower news sentiment than the 0.33 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Workhorse Group this week, compared to 2 articles on an average week.
  • Search Interest

    27 people have searched for WKHS on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.
  • MarketBeat Follows

    12 people have added Workhorse Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Workhorse Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.91% of the stock of Workhorse Group is held by insiders.

  • Percentage Held by Institutions

    Only 15.98% of the stock of Workhorse Group is held by institutions.

  • Read more about Workhorse Group's insider trading history.
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WKHS Stock News Headlines

Workhorse Group secures multiple orders for W56 electric step vans
Reality Check: Are You Prepared for What's Next?
Global shifts, like the alliance of BRICS nations pushing for economic independence from the U.S. dollar, and ongoing market volatility add layers of unpredictability that complicate even the best-laid financial plans. It's easy to find yourself asking...
See More Headlines

WKHS Stock Analysis - Frequently Asked Questions

Workhorse Group's stock was trading at $7.20 at the beginning of 2024. Since then, WKHS shares have decreased by 89.1% and is now trading at $0.7875.
View the best growth stocks for 2024 here
.

Workhorse Group Inc. (NASDAQ:WKHS) released its quarterly earnings results on Monday, August, 19th. The company reported ($1.40) EPS for the quarter, meeting analysts' consensus estimates of ($1.40). The firm had revenue of $0.84 million for the quarter, compared to analyst estimates of $3 million. Workhorse Group had a negative trailing twelve-month return on equity of 163.23% and a negative net margin of 1,366.25%.

Workhorse Group shares reverse split on the morning of Monday, June 17th 2024. The 1-20 reverse split was announced on Monday, June 17th 2024. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 17th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Shares of WKHS 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.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Workhorse Group investors own include Plug Power (PLUG), FuelCell Energy (FCEL), NIO (NIO), Zomedica (ZOM), Tesla (TSLA), NVIDIA (NVDA) and Meta Platforms (META).

Company Calendar

Last Earnings
8/19/2024
Today
11/08/2024
Next Earnings (Confirmed)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
Automobiles And Trucks
Current Symbol
NASDAQ:WKHS
Fax
N/A
Employees
330
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.08
High Stock Price Target
$20.00
Low Stock Price Target
$0.25
Potential Upside/Downside
+1,180.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$-123,920,000.00
Net Margins
-1,366.25%
Pretax Margin
-1,367.40%

Debt

Sales & Book Value

Annual Sales
$13.10 million
Book Value
$6.37 per share

Miscellaneous

Free Float
23,898,000
Market Cap
$19.18 million
Optionable
Optionable
Beta
2.55

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This page (NASDAQ:WKHS) was last updated on 11/8/2024 by MarketBeat.com Staff
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