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Workhorse Group (WKHS)
NASDAQ:WKHS
WKHS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.46 - $8.18
Previous CloseN/A
Volume1.82M
Average Volume (3M)2.65M
Market Cap
$22.34M
Enterprise Value$39.84M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.87
Next Earnings
Mar 04, 2025EPS Estimate
-0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-7.47
Shares Outstanding40,981,552
10 Day Avg. Volume2,016,263
30 Day Avg. Volume2,648,157
Standard Deviation0.85
R-Squared0.03
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.52
Price to Cash Flow (P/CF)-0.60
P/FCF Ratio0.00
Enterprise Value/Market Cap1.78
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.58
Enterprise Value/Ebitda-0.46
Forecast
1Y Price Target
$1.00Price Target Upside92.31% Upside
Rating ConsensusHold
Number of Analyst Covering2
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Bulls Say, Bears Say
Bulls Say
Operational EfficiencyManagement has reduced the cash burn rate to around $3.5mm per month, down from ~$10mn, by operating at ~50% reduced headcount, deferring cash compensation for executives, completing the divestiture of its Aero business, and delaying the W56 cab chassis development by 12-18 months.
Strategic AgreementsWorkhorse secured a three-year Master Framework Agreement with FedEx, under which they've already shipped 15 trucks and expect more orders in 2025.
Bears Say
Financial PerformanceThe forecasted adjusted EBITDA remains negative, indicating ongoing financial challenges.
Liquidity ConcernsLiquidity of ~$5mn ending 2Q24 raises concerns about continued dilution and the ability to reach commercial scale.
Revenue ProjectionsThe 2024 revenue estimate is adjusted to ~$4.5M from ~$18M, indicating a significant decrease.
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Ownership Overview
13.31% Insiders
3.71% Mutual Funds
0.74% Other Institutional Investors
80.55% 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 $0.46 and its highest was $8.18 in the past 12 months.
What is Workhorse Group’s market cap?
Workhorse Group’s market cap is $22.34M.
When is Workhorse Group’s upcoming earnings report date?
Workhorse Group’s upcoming earnings report date is Mar 04, 2025 which is in 11 days.
How were Workhorse Group’s earnings last quarter?
Workhorse Group released its earnings results on Nov 19, 2024. The company reported -$0.98 earnings per share for the quarter, missing the consensus estimate of -$0.832 by -$0.148.
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 is -0.43.
How many shares outstanding does Workhorse Group have?
Workhorse Group has 40,981,552 shares outstanding.
What happened to Workhorse Group’s price movement after its last earnings report?
Workhorse Group reported an EPS of -$0.98 in its last earnings report, missing expectations of -$0.832. Following the earnings report the stock price went down -13.934%.
Which hedge fund is a major shareholder of Workhorse Group?
Currently, no hedge funds are holding shares in WKHS
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Workhorse Group Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$1.00 (92.31% Upside)
$1.00 (92.31% Upside)
Blogger Sentiment
Bullish
WKHS Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 68.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-92.79%
12-Months-Change
Fundamentals
Return on Equity
-157.31%
Trailing 12-Months
Asset Growth
-30.68%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant strides in securing strategic agreements and expanding product offerings. However, financial challenges persist with declining revenue and liquidity concerns. Cost reduction efforts have been substantial, but achieving profitability remains a critical issue.Read More>---
WKHS Stock 12 Month Forecast
Average Price Target
$1.00
▲(92.31% Upside)
Technical Analysis
Best Analysts Covering WKHS
1 Year
1 Year Success Rate
1/12 ratings generated profit
1 Year Average Return
-54.13%
downgraded a sell rating 12 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 -54.13% per trade.
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