NASDAQ:WKHS Workhorse Group (WKHS) Stock Forecast, Price & News $0.43 -0.04 (-8.48%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$0.40▼$0.4950-Day Range$0.43▼$1.3352-Week Range$0.40▼$3.05Volume24.98 million shsAverage Volume12.94 million shsMarket Capitalization$91.00 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Workhorse Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside942.4% Upside$4.50 Price TargetShort InterestBearish20.72% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.48) to ($0.28) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.62 out of 5 starsAuto/Tires/Trucks Sector81st out of 96 stocksMotor Vehicles & Car Bodies Industry23rd out of 30 stocks 3.5 Analyst's Opinion Consensus RatingWorkhorse Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.50, Workhorse Group has a forecasted upside of 942.4% from its current price of $0.43.Amount of Analyst CoverageWorkhorse Group has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted20.72% of the outstanding shares of Workhorse Group have been sold short.Short Interest Ratio / Days to CoverWorkhorse Group has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Workhorse Group has recently increased by 9.45%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldWorkhorse Group does not currently pay a dividend.Dividend GrowthWorkhorse Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WKHS. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 30 people have searched for WKHS on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows22 people have added Workhorse Group to their MarketBeat watchlist in the last 30 days. This is an increase of 120% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Workhorse Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.15% of the stock of Workhorse Group is held by insiders.Percentage Held by InstitutionsOnly 25.10% of the stock of Workhorse Group is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Workhorse Group are expected to grow in the coming year, from ($0.48) to ($0.28) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Workhorse Group is -0.59, 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. SectorThe P/E ratio of Workhorse Group is -0.59, 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 RatioWorkhorse Group has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Workhorse Group (NASDAQ:WKHS) StockWorkhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, as well as designs and manufactures drone systems. It also provides Metron, a remote data management system that tracks the performance of various the vehicles deployed. 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.Read More WKHS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WKHS Stock News HeadlinesSeptember 14, 2023 | msn.comWorkhorse Group (NASDAQ:WKHS) Gallops on IRS Approval for Commercial Clean Vehicle CreditSeptember 13, 2023 | finanznachrichten.deWorkhorse Group, Inc.: Workhorse Receives IRS Approval for Commercial Clean Vehicle CreditSeptember 24, 2023 | Investor Place Media (Ad)Disturbing Truth About Biden's New Program To Seize Your CashA former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.September 12, 2023 | msn.comWorkhorse Group pops 20% after landing IRS approval for commercial clean vehicle creditSeptember 12, 2023 | finance.yahoo.comWorkhorse Receives IRS Approval for Commercial Clean Vehicle CreditSeptember 9, 2023 | finance.yahoo.comYou Won't Believe What Workhorse's CEO Just SaidSeptember 7, 2023 | finance.yahoo.comWorkhorse Begins Production of W56 ChassisSeptember 7, 2023 | finance.yahoo.comGreat News for Workhorse Stock InvestorsSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 6, 2023 | finance.yahoo.comWhy Is Everyone Talking About Workhorse Stock Right Now?September 4, 2023 | finance.yahoo.comWhat's Going on With Workhorse Stock?September 1, 2023 | finance.yahoo.comWorkhorse shareholders back management’s new stock gambitSeptember 1, 2023 | finanznachrichten.deWorkhorse Group, Inc.: Workhorse Group Stockholders Approve Share Authorization ProposalSeptember 1, 2023 | msn.comWorkhorse Group stockholders approve share authorizationSeptember 1, 2023 | finance.yahoo.comWorkhorse Group Stockholders Approve Share Authorization ProposalAugust 28, 2023 | msn.comWorkhorse adjourns special meeting of shareholdersAugust 28, 2023 | finance.yahoo.comWorkhorse falls short on votes to increase share countAugust 25, 2023 | markets.businessinsider.comThis Giant Pension Fund Is Doubling Down on EV StocksAugust 25, 2023 | msn.comGiant Fund Buys Stock in Three EV Players, Sells OneAugust 25, 2023 | finance.yahoo.comWorkhorse Hosts Webcast to Answer Stockholder QuestionsAugust 25, 2023 | finance.yahoo.comFund Cuts Stake in EV Player, Doubles Down on 3 MoreAugust 22, 2023 | finance.yahoo.comWorkhorse Group Reminds Stockholders to Vote “FOR” the Proposal to Increase the Number of Authorized SharesAugust 22, 2023 | finanznachrichten.deWorkhorse Group, Inc.: Workhorse Files Prospectus Supplement in Connection with Special MeetingAugust 21, 2023 | finance.yahoo.comWorkhorse Files Prospectus Supplement in Connection with Special MeetingAugust 18, 2023 | finanznachrichten.deWorkhorse Group, Inc.: Workhorse Highlights Why Stockholders Should Vote FOR Proposal to Increase Workhorse's Authorized SharesAugust 17, 2023 | finance.yahoo.comWorkhorse Highlights Why Stockholders Should Vote FOR Proposal to Increase Workhorse’s Authorized SharesAugust 16, 2023 | finance.yahoo.comWorkhorse to Host Stockholder Q&A Webcast with Management TeamSee More Headlines Receive WKHS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Workhorse Group and its competitors with MarketBeat's FREE daily newsletter. Email Address WKHS Company Calendar Last Earnings8/08/2023Today9/24/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motor vehicles & car bodies Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:WKHS CUSIPN/A CIK1425287 Webwww.workhorse.com Phone(888) 646-5205FaxN/AEmployees331Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.50 High Stock Price Forecast$8.00 Low Stock Price Forecast$1.50 Forecasted Upside/Downside+942.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.73) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,270,000.00 Net Margins-1,145.62% Pretax Margin-1,145.61% Return on Equity-108.02% Return on Assets-65.73% Debt Debt-to-Equity RatioN/A Current Ratio2.14 Quick Ratio1.54 Sales & Book Value Annual Sales$5.02 million Price / Sales18.13 Cash FlowN/A Price / Cash FlowN/A Book Value$0.66 per share Price / Book0.65Miscellaneous Outstanding Shares210,790,000Free Float204,153,000Market Cap$91.00 million OptionableNot Optionable Beta2.89 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Richard F. Dauch (Age 62)Pres, CEO & Director Comp: $2.08MMr. Robert M. Ginnan (Age 59)Chief Financial Officer Comp: $696.43kMr. James D. Harrington (Age 62)Chief Admin. Officer, Gen. Counsel & Sec. Comp: $838.91kMr. Gregory T. Ackerson (Age 45)Chief Accounting Officer, Principal Accounting Officer & Corp. Controller Mr. Joshua Joseph Anderson (Age 47)Chief Technology Officer Mr. Jeff MowryChief Information OfficerMr. Stan March (Age 64)VP of Corp. Devel. & Communications Ms. Kerry K. Roraff (Age 47)Chief HR Officer Mr. John W. Graber (Age 66)Pres of Aerospace Mr. Ryan Wesley Gaul (Age 47)Pres of Commercial Vehicles More ExecutivesKey CompetitorsElectrameccanica VehiclesNASDAQ:SOLOCenntro Electric GroupNASDAQ:CENNFaraday Future Intelligent ElectricNASDAQ:FFIEREE AutomotiveNASDAQ:REEVicinity MotorNASDAQ:VEVView All CompetitorsInsiders & InstitutionsBarclays PLCSold 44,140 shares on 9/21/2023Ownership: 0.016%Wolverine Trading LLCSold 9,900 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 145,478 shares on 8/21/2023Ownership: 0.026%Nuveen Asset Management LLCSold 728,407 shares on 8/16/2023Ownership: 0.234%Walleye Trading LLCSold 5,100 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions WKHS Stock - Frequently Asked Questions Should I buy or sell Workhorse Group stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WKHS shares. View WKHS analyst ratings or view top-rated stocks. What is Workhorse Group's stock price forecast for 2023? 1 brokerages have issued 12-month target prices for Workhorse Group's shares. Their WKHS share price forecasts range from $1.50 to $8.00. On average, they expect the company's stock price to reach $4.50 in the next year. This suggests a possible upside of 942.4% from the stock's current price. View analysts price targets for WKHS or view top-rated stocks among Wall Street analysts. How have WKHS shares performed in 2023? Workhorse Group's stock was trading at $1.52 at the beginning of the year. Since then, WKHS stock has decreased by 71.6% and is now trading at $0.4317. View the best growth stocks for 2023 here. When is Workhorse Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our WKHS earnings forecast. How were Workhorse Group's earnings last quarter? Workhorse Group Inc. (NASDAQ:WKHS) announced its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.03. The company had revenue of $3.97 million for the quarter, compared to the consensus estimate of $10.70 million. Workhorse Group had a negative net margin of 1,145.62% and a negative trailing twelve-month return on equity of 108.02%. What ETFs hold Workhorse Group's stock? ETFs with the largest weight of Workhorse Group (NASDAQ:WKHS) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON), SPDR S&P Kensho Smart Mobility ETF (HAIL) and Invesco Nasdaq Future Gen 200 ETF (QQQS).AdvisorShares Drone Technology ETF (UAV). What guidance has Workhorse Group issued on next quarter's earnings? Workhorse Group updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $65.00 million-$85.00 million, compared to the consensus revenue estimate of $78.75 million. What is Steve Burns' approval rating as Workhorse Group's CEO? 1 employees have rated Workhorse Group Chief Executive Officer Steve Burns on Glassdoor.com. Steve Burns has an approval rating of 100% among the company's employees. This puts Steve Burns in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Workhorse Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Workhorse Group investors own include Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Nikola (NKLA), Block (SQ), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), CrowdStrike (CRWD), Slack Technologies (WORK) and Fastly (FSLY). What is Workhorse Group's stock symbol? Workhorse Group trades on the NASDAQ under the ticker symbol "WKHS." Who are Workhorse Group's major shareholders? Workhorse Group's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.76%), State Street Corp (4.39%), Geode Capital Management LLC (1.69%), Northern Trust Corp (0.65%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.60%) and Charles Schwab Investment Management Inc. (0.51%). Insiders that own company stock include Duane Hughes, Gerald B Budde, Gregory T Ackerson, H Benjamin Samuels, Harry Demott, Pamela S Mader, Raymond Joseph Chess, Richard F Dauch, Robert Harry Willison, Stanley Raymond March, Stephen M Fleming and Steve Schrader. View institutional ownership trends. How do I buy shares of Workhorse Group? Shares of WKHS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Workhorse Group's stock price today? One share of WKHS stock can currently be purchased for approximately $0.43. How much money does Workhorse Group make? Workhorse Group (NASDAQ:WKHS) has a market capitalization of $91.00 million and generates $5.02 million in revenue each year. The company earns $-117,270,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis. How many employees does Workhorse Group have? The company employs 331 workers across the globe. How can I contact Workhorse Group? Workhorse Group's mailing address is 100 COMMERCE DRIVE, LOVELAND OH, 45140. The official website for the company is www.workhorse.com. The company can be reached via phone at (888) 646-5205 or via email at wkhs@gatewayir.com. This page (NASDAQ:WKHS) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Workhorse Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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