NASDAQ:WKHS

Workhorse Group Stock Forecast, Price & News

$12.59

-0.47 (-3.60 %)

(As of 04/14/2021 12:00 AM ET)

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Today's Range

$12.49

Now: $12.59▼

$13.15

50-Day Range

$12.36

MA: $14.93▼

$18.87

52-Week Range

$1.94

Now: $12.59▼

$42.96

Volume7.15 million shs

Average Volume19.69 million shs

Market Capitalization$1.60 billion

P/E RatioN/A

Dividend YieldN/A

Beta2.8

Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. 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.

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

Phone(513) 360-4704

Employees81

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio0.33

Quick Ratio0.29

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio179.86

P/E Growth9.07

Sales & Book Value

Annual Sales$380,000.00

Price / Sales4,204.56

Cash FlowN/A

Price / Cash FlowN/A

Book Value($0.49) per share

Price / Book-25.69

Profitability

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

Outstanding Shares126,905,000

Market Cap$1.60 billion

Next Earnings Date5/5/2021 (Estimated)

OptionableNot Optionable

Headlines

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Workhorse Group Inc. Investors with Losses over $100K to Secure Counsel Before Important May 7 Deadline in Securities Class Action – WKHS
April 13, 2021 | finance.yahoo.com

INVESTOR REMINDER: Kessler Topaz Meltzer & Check, LLP Alerts Shareholders of Securities Class Action Lawsuit Against Workhorse Group Inc. - WKHS
April 13, 2021 | finance.yahoo.com

WKHS Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Workhorse Group Inc. Investors With Losses Exceeding $100K of Class Action and Encourages Shareholders to Contact the Firm
April 13, 2021 | finance.yahoo.com

WKHS INVESTOR ALERT: ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Workhorse Group Inc. Investors with Losses to Secure Counsel Before Important May 7 Deadline in Securities Class Action – WKHS
April 12, 2021 | finance.yahoo.com

SHAREHOLDER ALERT: Lowey Dannenberg, P.C., Investigates Claims on Behalf of Investors of Workhorse Group Inc. (WKHS) and Encourages Investors With More Than $300,000 in Losses to Contact the Firm
April 12, 2021 | finance.yahoo.com

Investor Alert: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Workhorse Group Inc. (WKHS)
April 12, 2021 | finance.yahoo.com

ROSEN, A TOP RANKED LAW FIRM, Encourages Workhorse Group Inc. Investors With Losses to Secure Counsel Before Important May 7 Deadline in Securities Class Action - WKHS
April 11, 2021 | finance.yahoo.com

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against Workhorse Group Inc. (WKHS)
April 11, 2021 | finance.yahoo.com

WKHS INVESTOR NOTICE: ROSEN, LEADING TRIAL...
April 10, 2021 | benzinga.com

Lead Plaintiff Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Workhorse Group Inc.
April 10, 2021 | finance.yahoo.com

How to Improve The Timing of Investment Decisions in Workhorse Group Inc. Common Stock $WKHS
April 10, 2021 | marketwatch.com

INVESTOR ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Workhorse Group Inc. and Encourages Investors with Losses in Excess of $500,000 to Contact the Firm
April 9, 2021 | finance.yahoo.com

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Against Workhorse Group Inc.
April 9, 2021 | finance.yahoo.com

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Workhorse Group Inc. Investors to Secure Counsel Before Important May 7 Deadline in Securities Class Action – WKHS
April 9, 2021 | finance.yahoo.com

WORKHORSE GROUP SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Workhorse Group, Inc. - WKHS
April 9, 2021 | finance.yahoo.com

May 28th Options Now Available For Workhorse Group (WKHS)
April 8, 2021 | nasdaq.com

Why Shares of Workhorse Group Plunged 15% in March
April 7, 2021 | finance.yahoo.com

WKHS CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Workhorse Group Inc. Shareholders of Securities Fraud Class Action Lawsuit
April 6, 2021 | finance.yahoo.com

WKHS Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Workhorse Group Inc. Shareholders of Class Action and Encourages Shareholders to Contact the Firm
April 6, 2021 | finance.yahoo.com

Shareholder Alert: Robbins LLP Reminds Investors that Workhorse Group, Inc. (WKHS) is Being Sued for Misleading Shareholders
April 5, 2021 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.31 out of 5 stars

Auto/Tires/Trucks Sector

64th out of 148 stocks

Motor Vehicles & Car Bodies Industry

21st out of 44 stocks

3.2 Analyst's Opinion

Consensus Rating
Workhorse Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $19.00, Workhorse Group has a forecasted upside of 50.9% from its current price of $12.59.
Amount of Analyst Coverage
Workhorse Group has only been the subject of 3 research reports in the past 90 days.

3.4 Community Rank

Outperform Votes
Workhorse Group has received 431 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Workhorse Group has received 194 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Workhorse Group has received 68.96% “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.

0.0 Dividend Strength

Dividend Yield
Workhorse Group does not currently pay a dividend.
Dividend Growth
Workhorse Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In 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 $11,869,442.00 in company stock.
Percentage Held by Insiders
Only 5.90% of the stock of Workhorse Group is held by insiders.
Percentage Held by Institutions
Only 21.43% of the stock of Workhorse Group is held by institutions.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Workhorse Group are expected to decrease in the coming year, from $0.07 to ($0.29) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Workhorse Group is -6.81, 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. Sector
The P/E ratio of Workhorse Group is -6.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Workhorse Group has a PEG Ratio of 9.07. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

$12.59

-0.47 (-3.60 %)

(As of 04/14/2021 12:00 AM ET)

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Workhorse Group (NASDAQ:WKHS) Frequently Asked Questions

Is Workhorse Group a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Workhorse Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WKHS, but not buy additional shares or sell existing shares.
View analyst ratings for Workhorse Group or view top-rated stocks.

What stocks does MarketBeat like better than Workhorse Group?

Wall Street analysts have given Workhorse Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Workhorse Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Workhorse Group's next earnings date?

Workhorse Group is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
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 Sunday, February, 28th. The company reported $3.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $3.35. The company had revenue of $0.65 million for the quarter, compared to the consensus estimate of $1.25 million.
View Workhorse Group's earnings history.

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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WKHS shares have increased by 469.7% and is now trading at $12.59.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for WKHS?

9 equities research analysts have issued 12 month price targets for Workhorse Group's shares. Their forecasts range from $4.50 to $29.00. On average, they anticipate Workhorse Group's share price to reach $19.00 in the next year. This suggests a possible upside of 50.9% from the stock's current price.
View analysts' price targets for Workhorse Group or view top-rated stocks among Wall Street analysts.

Who are Workhorse Group's key executives?

Workhorse Group's management team includes the following people:

Mr. Duane A. Hughes, CEO, Treasurer & Director (Age 57, Pay $859.75k)
Mr. Robert Harry Willison, Chief Operating Officer (Age 60, Pay $401.25k)
Mr. Stephen M. Fleming J.D., Gen. Counsel & VP (Age 48, Pay $401.25k)
Mr. Steve Schrader, Chief Financial Officer (Age 58)
Mr. Gregory T. Ackerson, Corp. Controller (Age 44)
Mr. Stephen S. Burns, Co-Founder & Consultant (Age 61)

What is Steve Burns' approval rating as Workhorse Group's CEO?

1 employees have rated Workhorse Group CEO Steve Burns on Glassdoor.com. Steve Burns has an approval rating of 100% among Workhorse Group's employees. This puts Steve Burns in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Workhorse Group's key competitors?

Some companies that are related to Workhorse Group include Mazda Motor (MZDAY), Nikola (NKLA), Brilliance China Automotive (BCAUY), Navistar International (NAV), Niu Technologies (NIU), Federal Signal (FSS), Lordstown Motors (RIDE), The Shyft Group (SHYF), REV Group (REVG), Stagecoach Group (SAGKF), Kandi Technologies Group (KNDI), Electrameccanica Vehicles (SOLO), Elio Motors (ELIO), Greenkraft (GKIT) and Tongxin International (TXIC).
View all of WKHS's 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), 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 shareholders include HighPoint Advisor Group LLC (0.01%). Company insiders that own Workhorse Group stock include Anthony Daly Furey, Duane Hughes, Gerald B Budde, Gregory T Ackerson, H Benjamin Samuels, Harry Demott, Joseph Theodore Lukens Jr, Pamela S Mader, Raymond Joseph Chess, Robert Harry Willison, Stephen M Fleming and Steve Schrader.
View institutional ownership trends for Workhorse Group.

Which major investors are buying Workhorse Group stock?

WKHS stock was bought by a variety of institutional investors in the last quarter, including HighPoint Advisor Group LLC.
View insider buying and selling activity for Workhorse Group or or view top insider-buying stocks.

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 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 $12.59.

How much money does Workhorse Group make?

Workhorse Group has a market capitalization of $1.60 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.

How many employees does Workhorse Group have?

Workhorse Group employs 81 workers across the globe.

What is Workhorse Group's official website?

The official website for Workhorse Group is www.workhorse.com.

Where are Workhorse Group's headquarters?

Workhorse Group is headquartered at 100 COMMERCE DRIVE, LOVELAND OH, 45140.

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 4/15/2021 by MarketBeat.com Staff

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