Worksport (WKSP) Competitors

Worksport (NASDAQ:WKSP) and REE Automotive (NASDAQ:REE) are both small-cap retail/wholesale companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, media sentiment, community ranking, earnings and dividends.

Do institutionals and insiders hold more shares of WKSP or REE?

16.1% of Worksport shares are held by institutional investors. Comparatively, 12.7% of REE Automotive shares are held by institutional investors. 9.4% of Worksport shares are held by insiders. Comparatively, 6.0% of REE Automotive shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Is WKSP or REE more profitable?

REE Automotive has a net margin of 0.00% compared to Worksport's net margin of -242.68%. Worksport's return on equity of -85.53% beat REE Automotive's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Worksport	-242.68%	-85.53%	-58.92%
REE Automotive	N/A	-134.95%	-68.63%

Which has preferable earnings and valuation, WKSP or REE?

Worksport has higher revenue and earnings than REE Automotive. Worksport is trading at a lower price-to-earnings ratio than REE Automotive, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Worksport	$8.48M	1.48	-$14.93M	-$6.60	-0.39
REE Automotive	$183K	61.18	-$114.21M	-$7.19	-0.11

Does the MarketBeat Community believe in WKSP or REE?

REE Automotive received 8 more outperform votes than Worksport when rated by MarketBeat users. However, 80.00% of users gave Worksport an outperform vote while only 36.36% of users gave REE Automotive an outperform vote.

Company	Underperform	Outperform
Worksport	Outperform Votes 8 80.00%	Underperform Votes 2 20.00%
REE Automotive	Outperform Votes 16 36.36%	Underperform Votes 28 63.64%

Do analysts recommend WKSP or REE?

Worksport presently has a consensus target price of $14.00, suggesting a potential upside of 449.02%. REE Automotive has a consensus target price of $8.17, suggesting a potential upside of 914.49%. Given REE Automotive's higher probable upside, analysts plainly believe REE Automotive is more favorable than Worksport.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Worksport	0 Sell rating(s)	0 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	3.00
REE Automotive	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33

Which has more volatility & risk, WKSP or REE?

Worksport has a beta of 2.01, suggesting that its stock price is 101% more volatile than the S&P 500. Comparatively, REE Automotive has a beta of 3.15, suggesting that its stock price is 215% more volatile than the S&P 500.

Does the media refer more to WKSP or REE?

In the previous week, REE Automotive had 2 more articles in the media than Worksport. MarketBeat recorded 18 mentions for REE Automotive and 16 mentions for Worksport. Worksport's average media sentiment score of 0.29 beat REE Automotive's score of -0.42 indicating that Worksport is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Worksport	0 Very Positive mention(s)	2 Positive mention(s)	7 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
REE Automotive	1 Very Positive mention(s)	2 Positive mention(s)	9 Neutral mention(s)	2 Negative mention(s)	1 Very Negative mention(s)	Neutral

Summary

Worksport beats REE Automotive on 11 of the 18 factors compared between the two stocks.