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Worksport (WKSP)
NASDAQ:WKSP
WKSP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$3.16 - $12.00
Previous CloseN/A
Volume1.25M
Average Volume (3M)106.21K
Market Cap
$18.08M
Enterprise Value$16.72M
Total Cash (Recent Filing)$25.32K
Total Debt (Recent Filing)$296.80K
Price to Earnings (P/E)―
Beta1.86
Next Earnings
Mar 27, 2025EPS Estimate
-1.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.61
Shares Outstanding4,794,452
10 Day Avg. Volume201,578
30 Day Avg. Volume106,211
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.73
Price to Cash Flow (P/CF)-2.80
P/FCF Ratio0.00
Enterprise Value/Market Cap0.92
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit69.51
Enterprise Value/Ebitda-1.21
Forecast
1Y Price Target
$7.00Price Target Upside90.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
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Bulls Say, Bears Say
Bulls Say
Product InnovationMultiple new products, including the highly anticipated SOLIS solar cover and COR portable energy system, should help the business scale meaningfully.
Revenue GrowthWKSP preannounced revenue of ~$2.9M, up 246% year-over-year as a result of selling more truck bed covers.
Bears Say
EBITDA LossAnalyst widens 2H24 EBITDA loss estimate due to lower revenue and gross profit margin forecasts, indicating financial challenges in the short term.
Revenue EstimatesAnalyst reduces 2H24 revenue estimates due to a shift in sales mix towards U.S.-made products, which may impact short-term revenue.
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Ownership Overview
11.18% Insiders
1.17% Mutual Funds
0.39% Other Institutional Investors
86.82% 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
WKSP FAQ
What was Worksport’s price range in the past 12 months?
Worksport lowest stock price was $3.16 and its highest was $12.00 in the past 12 months.
What is Worksport’s market cap?
Worksport’s market cap is $18.08M.
When is Worksport’s upcoming earnings report date?
Worksport’s upcoming earnings report date is Mar 27, 2025 which is today.
How were Worksport’s earnings last quarter?
Worksport released its earnings results on Nov 13, 2024. The company reported -$1.4 earnings per share for the quarter, missing the consensus estimate of -$1.3 by -$0.1.
Is Worksport overvalued?
According to Wall Street analysts Worksport’s price is currently Undervalued.
Does Worksport pay dividends?
Worksport does not currently pay dividends.
What is Worksport’s EPS estimate?
Worksport’s EPS estimate is -1.28.
How many shares outstanding does Worksport have?
Worksport has 4,794,452 shares outstanding.
What happened to Worksport’s price movement after its last earnings report?
Worksport reported an EPS of -$1.4 in its last earnings report, missing expectations of -$1.3. Following the earnings report the stock price went down -15.747%.
Which hedge fund is a major shareholder of Worksport?
Currently, no hedge funds are holding shares in WKSP
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Worksport Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$7.00 (90.74% Upside)
$7.00 (90.74% Upside)
Insider Transactions
Bought Shares
Worth $25.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 15.5%
Last 30 Days ▼ 15.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.06%
12-Months-Change
Fundamentals
Return on Equity
-94.70%
Trailing 12-Months
Asset Growth
1.29%
Trailing 12-Months
Company Description
Worksport
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.
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WKSP Company Deck
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WKSP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlights substantial revenue growth and a strong strategic position with new product launches and government sales expansion. However, challenges in margin improvement and uncertainty in 2024 revenue guidance indicate areas of caution.Read More>---
WKSP Stock 12 Month Forecast
Average Price Target
$7.00
▲(90.74% Upside)
Technical Analysis
Best Analysts Covering WKSP
1 Year
1 Year Success Rate
5/17 ratings generated profit
1 Year Average Return
-33.00%
reiterated a buy rating 9 days ago
Copying Tate Sullivan's trades and holding each position for 1 Year would result in 29.41% of your transactions generating a profit, with an average return of -33.00% per trade.
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