NASDAQ:WKHSWorkhorse Group Stock Price, Forecast & 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 $3.19 -0.05 (-1.54 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$3.10Now: $3.19▼$3.4650-Day Range$2.02MA: $2.65▼$3.2452-Week Range$1.32Now: $3.19▼$5.37Volume3.91 million shsAverage Volume1.77 million shsMarket Capitalization$225.31 millionP/E RatioN/ADividend YieldN/ABeta2.15 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial 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™ 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 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.83, Workhorse Group has a potential upside of 51.5% from its current price of $3.19.Amount of Analyst CoverageWorkhorse Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.4 Community Rank Outperform VotesWorkhorse Group has received 379 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWorkhorse Group has received 172 “underperform” votes. (Add your “underperform” vote.)Community SentimentWorkhorse Group has received 68.78% “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 not sold or bought any company stock.Percentage Held by InsidersOnly 7.90% of the stock of Workhorse Group is held by insiders.Percentage Held by InstitutionsOnly 22.39% 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 ($0.34) to ($0.27) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Workhorse Group is -4.56, 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 -4.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 3.5Community Rank: 3.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.51 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 Ratio0.62 Quick Ratio0.55Price-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 / Sales592.92 Cash FlowN/A Price / Cash FlowN/A Book Value($0.49) per share Price / Book-6.51Profitability EPS (Most Recent Fiscal Year)($0.07) Net Income$-37,160,000.00 Net Margins-44,265.98% Return on EquityN/A Return on Assets-29.96%Miscellaneous Employees109 Outstanding Shares70,630,000Market Cap$225.31 million Next Earnings Date8/14/2020 (Estimated) OptionableNot Optionable NASDAQ:WKHS Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? 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. Since then, WKHS shares have increased by 44.3% and is now trading at $3.19. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Workhorse Group? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last year. There are currently 3 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, August 14th 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 results on Wednesday, May, 6th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.19. The firm earned $0.08 million during the quarter. View Workhorse Group's earnings history. What price target have analysts set for WKHS? 3 analysts have issued 12-month price targets for Workhorse Group's shares. Their forecasts range from $4.00 to $6.00. On average, they anticipate Workhorse Group's stock price to reach $4.83 in the next year. This suggests a possible upside of 51.5% from the stock's current price. View analysts' price targets for Workhorse Group. Has Workhorse Group been receiving favorable news coverage? Media stories about WKHS stock have trended neutral recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Workhorse Group earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutWorkhorse Group. Are investors shorting Workhorse Group? Workhorse Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 9,150,000 shares, an increase of 10.8% from the April 30th total of 8,260,000 shares. Based on an average trading volume of 1,730,000 shares, the days-to-cover ratio is presently 5.3 days. Currently, 16.5% of the company's stock are short sold. View Workhorse Group's Current Options Chain. Who are some of Workhorse Group's key competitors? Some companies that are related to Workhorse Group include Niu Technologies (NIU), Spartan Motors (SPAR), Stagecoach Group (SAGKF), The Shyft Group (SHYF), Rev Group (REVG), Kandi Technologies Group (KNDI), Electrameccanica Vehicles (SOLO), ELIO MOTORS INC/SH SH (ELIO), Greenkraft (GKIT), EMAV (EMAV) and T3M (TTTM). 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 NVIDIA (NVDA), Alibaba Group (BABA), JD.Com (JD), NxStage Medical (NXTM), Roku (ROKU), AeroVironment (AVAV), FuelCell Energy (FCEL), Inseego (INSG), Aurora Cannabis (ACB) and Canopy Growth (CGC). 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 variety of retail and institutional investors. Top institutional investors include Arosa Capital Management LP (2.87%), First Manhattan Co. (2.48%), BlackRock Inc. (1.63%), Wells Fargo & Company MN (1.04%), State Street Corp (0.97%) and Invesco Ltd. (0.73%). 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 Invesco Ltd., Morgan Stanley, and ETF Managers Group LLC. View insider buying and selling activity for Workhorse Group. Which institutional investors are buying Workhorse Group stock? WKHS stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Cutter & CO Brokerage Inc., Thrivent Financial for Lutherans, Squarepoint Ops LLC, First Manhattan Co., Advisor Group Holdings Inc., Arosa Capital Management LP, and BlackRock Inc.. 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 $3.19. How big of a company is Workhorse Group? Workhorse Group has a market capitalization of $225.31 million 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 6/6/2020 by MarketBeat.com Staff
