NASDAQ:WKHS Workhorse Group Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $30.60 +2.57 (+9.17 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$28.05Now: $30.60▼$30.8850-Day Range$15.27MA: $18.38▼$28.0352-Week Range$1.32Now: $30.60▼$30.88Volume37.70 million shsAverage Volume12.51 million shsMarket Capitalization$3.22 billionP/E RatioN/ADividend YieldN/ABeta2.82 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Workhorse Group Inc. designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. Its products include electric cargo vans, and medium and light-duty pickup trucks, as well as HorseFly delivery drones and truck systems. 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 Loveland, Ohio.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingWorkhorse Group has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.17, Workhorse Group has a forecasted downside of 43.9% from its current price of $30.60.Amount of Analyst CoverageWorkhorse Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.5 Community Rank Outperform VotesWorkhorse Group has received 410 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWorkhorse Group has received 177 “underperform” votes. (Add your “underperform” vote.)Community SentimentWorkhorse Group has received 69.85% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Workhorse Group and other stocks. Vote “Outperform” if you believe WKHS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WKHS will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Workhorse Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,945,197.00 in company stock.Percentage Held by InsidersOnly 5.90% of the stock of Workhorse Group is held by insiders.Percentage Held by InstitutionsOnly 21.43% of the stock of Workhorse Group is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Workhorse Group are expected to grow in the coming year, from ($0.44) to ($0.29) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Workhorse Group is -16.54, 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 -16.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 2.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.31 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Motor vehicles & car bodies Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:WKHS Previous Symbol CUSIPN/A CIK1425287 Webwww.workhorse.com Phone513-360-4704Debt Debt-to-Equity RatioN/A Current Ratio0.33 Quick Ratio0.29Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$380,000.00 Price / Sales8,466.13 Cash FlowN/A Price / Cash FlowN/A Book Value($0.49) per share Price / Book-62.45Profitability EPS (Most Recent Fiscal Year)($0.07) Net Income$-37,160,000.00 Net Margins-75,089.62% Return on EquityN/A Return on Assets-33.07%Miscellaneous Employees109 Outstanding Shares105,135,000Market Cap$3.22 billion Next Earnings Date11/13/2020 (Estimated) OptionableNot Optionable $30.60 +2.57 (+9.17 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WKHS News and Ratings via Email Sign-up to receive the latest news and ratings for WKHS and its competitors with MarketBeat's FREE daily newsletter. Workhorse Group (NASDAQ:WKHS) Frequently Asked Questions How has Workhorse Group's stock price been impacted by COVID-19? Workhorse Group's stock was trading at $2.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WKHS shares have increased by 1,284.6% and is now trading at $30.60. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Workhorse Group? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Workhorse Group. When is Workhorse Group's next earnings date? Workhorse Group is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020. View our earnings forecast for Workhorse Group. How were Workhorse Group's earnings last quarter? Workhorse Group Inc (NASDAQ:WKHS) released its quarterly earnings data on Monday, August, 10th. The company reported ($1.76) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $1.64. The company had revenue of $0.09 million for the quarter, compared to the consensus estimate of $0.30 million. View Workhorse Group's earnings history. What price target have analysts set for WKHS? 6 Wall Street analysts have issued 1-year price objectives for Workhorse Group's shares. Their forecasts range from $4.50 to $27.00. On average, they expect Workhorse Group's share price to reach $17.17 in the next twelve months. This suggests that the stock has a possible downside of 43.9%. View analysts' price targets for Workhorse Group. Are investors shorting Workhorse Group? Workhorse Group saw a increase in short interest in August. As of August 14th, there was short interest totaling 23,160,000 shares, an increase of 17.5% from the July 30th total of 19,710,000 shares. Based on an average daily trading volume, of 24,930,000 shares, the short-interest ratio is presently 0.9 days. View Workhorse Group's Short Interest. Who are some of Workhorse Group's key competitors? Some companies that are related to Workhorse Group include Tata Motors (TTM), Oshkosh (OSK), Brilliance China Automotive (BCAUY), Navistar International (NAV), MAZDA MTR CORP/ADR (MZDAY), Federal Signal (FSS), Niu Technologies (NIU), The Shyft Group (SHYF), Spartan Motors (SPAR), Rev Group (REVG), Kandi Technologies Group (KNDI), Stagecoach Group (SAGKF), Electrameccanica Vehicles (SOLO), ELIO MOTORS INC/SH SH (ELIO) and Greenkraft (GKIT). View all competitors. 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), Square (SQ), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), Shopify (SHOP), Inovio Pharmaceuticals (INO) and Crowdstrike (CRWD). Who are Workhorse Group's key executives? Workhorse Group's management team includes the following people: Mr. Duane Hughes, Chief Exec. Officer (Age 55)Mr. Paul Gaitan, Chief Financial Officer (Age 59)Mr. Julio C. Rodriguez, Chief Information Officer (Age 60)Mr. Stephen S. Burns, Co-Founder & Consultant (Age 59)Mr. Robert Harry Willison, Chief Operating Officer 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.69%), Cannell Peter B & Co. Inc. (1.83%), EAM Investors LLC (0.64%), Bank of New York Mellon Corp (0.45%), Nuveen Asset Management LLC (0.29%) and UBS Oconnor LLC (0.24%). Company insiders that own Workhorse Group stock include Anthony Daly Furey, Duane Hughes, Gerald B Budde, Gregory T Ackerson, Joseph Theodore Lukens Jr, Raymond Joseph Chess, Robert Harry Willison and Stephen M Fleming. View institutional ownership trends for Workhorse Group. Which institutional investors are selling Workhorse Group stock? WKHS stock was sold by a variety of institutional investors in the last quarter, including Cutter & CO Brokerage Inc., Cannell Peter B & Co. Inc., Vanguard Group Inc., Bank of America Corp DE, Johnson Investment Counsel Inc., Mitsubishi UFJ Kokusai Asset Management Co. Ltd., Bank of Montreal Can, and Advisor Group Holdings Inc.. Company insiders that have sold Workhorse Group company stock in the last year include Anthony Daly Furey, Duane Hughes, Gerald B Budde, Gregory T Ackerson, Joseph Theodore Lukens Jr, Raymond Joseph Chess, Robert Harry Willison, and Stephen M Fleming. View insider buying and selling activity for Workhorse Group. Which institutional investors are buying Workhorse Group stock? WKHS stock was purchased by a variety of institutional investors in the last quarter, including EAM Investors LLC, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., UBS Oconnor LLC, Russell Investments Group Ltd., Calamos Advisors LLC, and Barclays PLC. Company insiders that have bought Workhorse Group stock in the last two years include Gerald B Budde, and Joseph Theodore Lukens Jr. View insider buying and selling activity for Workhorse Group. How do I buy shares of Workhorse Group? Shares of WKHS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Workhorse Group's stock price today? One share of WKHS stock can currently be purchased for approximately $30.60. How big of a company is Workhorse Group? Workhorse Group has a market capitalization of $3.22 billion and generates $380,000.00 in revenue each year. The company earns $-37,160,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. Workhorse Group employs 109 workers across the globe. What is Workhorse Group's official website? The official website for Workhorse Group is www.workhorse.com. How can I contact Workhorse Group? Workhorse Group's mailing address is 100 COMMERCE DRIVE, LOVELAND OH, 45140. The company can be reached via phone at 513-360-4704 or via email at [email protected] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
