Is Workhorse Stock a Good Investment?
Workhorse Investment Advice | WKHS |
- Examine Workhorse's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Workhorse's leadership team and their track record. Good management can help Workhorse navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Parts & Equipment space and any emerging trends that could impact Workhorse's business and its evolving consumer preferences.
- Compare Workhorse's performance and market position to its competitors. Analyze how Workhorse is positioned in terms of product offerings, innovation, and market share.
- Check if Workhorse pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Workhorse's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Workhorse Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Workhorse Group is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Workhorse Stock
Researching Workhorse's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has Price to Book (P/B) ratio of 0.15. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Workhorse Group recorded a loss per share of 97.12. The entity had not issued any dividends in recent years. The firm had 8:100 split on the 17th of March 2025.
To determine if Workhorse is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Workhorse's research are outlined below:
| Workhorse Group generated a negative expected return over the last 90 days | |
| Workhorse Group has high historical volatility and very poor performance | |
| Workhorse Group has a very high chance of going through financial distress in the upcoming years | |
| Workhorse Grouphas 8,412,218 shares shorted by Workhorse investors is about 200% of outstending shares | |
| The company reported the previous year's revenue of 13.09 M. Net Loss for the year was (123.92 M) with loss before overhead, payroll, taxes, and interest of (30.33 M). | |
| Workhorse Group currently holds about 140.06 M in cash with (123.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86. | |
| Workhorse Group has a poor financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 1288 shares by James Peters of Workhorse at 0.2852 subject to Rule 16b-3 |
Workhorse uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Workhorse Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Workhorse's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Workhorse's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Workhorse's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-08-06 | 2019-06-30 | -0.09 | -0.1 | -0.01 | 11 | ||
2019-05-07 | 2019-03-31 | -0.1 | -0.11 | -0.01 | 10 | ||
2023-11-14 | 2023-09-30 | -0.12 | -0.14 | -0.02 | 16 | ||
2018-05-09 | 2018-03-31 | -0.14 | -0.16 | -0.02 | 14 | ||
2023-08-08 | 2023-06-30 | -0.15 | -0.12 | 0.03 | 20 | ||
2023-05-15 | 2023-03-31 | -0.18 | -0.15 | 0.03 | 16 | ||
2022-05-10 | 2022-03-31 | -0.12 | -0.15 | -0.03 | 25 | ||
2017-08-09 | 2017-06-30 | -0.23 | -0.26 | -0.03 | 13 |
Know Workhorse's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Workhorse is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workhorse Group backward and forwards among themselves. Workhorse's institutional investor refers to the entity that pools money to purchase Workhorse's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 27.6 K | Group One Trading, Lp | 2024-12-31 | 26.6 K | Ubs Group Ag | 2024-12-31 | 17.9 K | Wealthfront Advisers Llc | 2024-12-31 | 17.1 K | Tower Research Capital Llc | 2024-12-31 | 16.1 K | Squarepoint Ops Llc | 2024-12-31 | 12 K | Perennial Investment Advisors, Llc | 2024-12-31 | 10.8 K | Commonwealth Equity Services Inc | 2024-12-31 | 10.3 K | Financial Security Advisor Inc | 2024-12-31 | 10 K | Susquehanna International Group, Llp | 2024-12-31 | 890.3 K | Vanguard Group Inc | 2024-12-31 | 695.1 K |
Workhorse's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.21 M.Market Cap |
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Workhorse's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.79) | (0.83) | |
| Return On Capital Employed | (1.07) | (1.02) | |
| Return On Assets | (0.79) | (0.83) | |
| Return On Equity | (1.71) | (1.63) |
Determining Workhorse's profitability involves analyzing its financial statements and using various financial metrics to determine if Workhorse is a good buy. For example, gross profit margin measures Workhorse's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Workhorse's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Workhorse's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Workhorse Group. Check Workhorse's Beneish M Score to see the likelihood of Workhorse's management manipulating its earnings.
Evaluate Workhorse's management efficiency
Workhorse Group has return on total asset (ROA) of (0.4677) % which means that it has lost $0.4677 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5731) %, meaning that it created substantial loss on money invested by shareholders. Workhorse's management efficiency ratios could be used to measure how well Workhorse manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.83 in 2025. Return On Capital Employed is likely to gain to -1.02 in 2025. Total Current Assets is likely to gain to about 113.3 M in 2025, whereas Total Assets are likely to drop slightly above 84.1 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.22 | 7.58 | |
| Tangible Book Value Per Share | 7.22 | 7.58 | |
| Enterprise Value Over EBITDA | (7.57) | (7.95) | |
| Price Book Value Ratio | 12.91 | 12.26 | |
| Enterprise Value Multiple | (7.57) | (7.95) | |
| Price Fair Value | 12.91 | 12.26 | |
| Enterprise Value | 2.8 M | 1.6 M |
Examining the leadership quality of Workhorse Group offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Beta 2.787 |
Basic technical analysis of Workhorse Stock
As of the 22nd of March, Workhorse maintains the Mean Deviation of 5.19, standard deviation of 7.14, and Market Risk Adjusted Performance of (2.12). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Workhorse Group, as well as the relationship between them. Please check out Workhorse Group market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Workhorse Group is priced fairly, providing market reflects its latest price of 2.13 per share. Please also validate Workhorse Group jensen alpha, which is currently at (2.30) to confirm the company can sustain itself at a future point.Workhorse's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Workhorse insiders, such as employees or executives, is commonly permitted as long as it does not rely on Workhorse's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Workhorse insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Workhorse's Outstanding Corporate Bonds
Workhorse issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Workhorse Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Workhorse bonds can be classified according to their maturity, which is the date when Workhorse Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| WDAY 38 01 APR 32 Corp BondUS98138HAJ05 | View | |
| WDAY 37 01 APR 29 Corp BondUS98138HAH49 | View | |
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Workhorse's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Workhorse's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.29) | |||
| Market Risk Adjusted Performance | (2.12) | |||
| Mean Deviation | 5.19 | |||
| Coefficient Of Variation | (301.17) | |||
| Standard Deviation | 7.14 | |||
| Variance | 51.03 | |||
| Information Ratio | (0.32) | |||
| Jensen Alpha | (2.30) | |||
| Total Risk Alpha | (1.80) | |||
| Treynor Ratio | (2.13) | |||
| Maximum Drawdown | 39.33 | |||
| Value At Risk | (10.48) | |||
| Potential Upside | 8.58 | |||
| Skewness | (0.74) | |||
| Kurtosis | 2.42 |
| Risk Adjusted Performance | (0.29) | |||
| Market Risk Adjusted Performance | (2.12) | |||
| Mean Deviation | 5.19 | |||
| Coefficient Of Variation | (301.17) | |||
| Standard Deviation | 7.14 | |||
| Variance | 51.03 | |||
| Information Ratio | (0.32) | |||
| Jensen Alpha | (2.30) | |||
| Total Risk Alpha | (1.80) | |||
| Treynor Ratio | (2.13) | |||
| Maximum Drawdown | 39.33 | |||
| Value At Risk | (10.48) | |||
| Potential Upside | 8.58 | |||
| Skewness | (0.74) | |||
| Kurtosis | 2.42 |
Consider Workhorse's intraday indicators
Workhorse intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Workhorse stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 20909.19 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 2.11 | |||
| Day Typical Price | 2.12 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.07) | |||
| Relative Strength Index | 23.54 |
Workhorse Corporate Filings
8K | 12th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of February 2025 Other Reports | ViewVerify | |
| 12th of February 2025 Other Reports | ViewVerify | |
F4 | 30th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Workhorse Stock media impact
Far too much social signal, news, headlines, and media speculation about Workhorse that are available to investors today. That information is available publicly through Workhorse media outlets and privately through word of mouth or via Workhorse internal channels. However, regardless of the origin, that massive amount of Workhorse data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Workhorse news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Workhorse relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Workhorse's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Workhorse alpha.
Workhorse Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Workhorse can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Workhorse Group Historical Investor Sentiment
Investor biases related to Workhorse's public news can be used to forecast risks associated with an investment in Workhorse. The trend in average sentiment can be used to explain how an investor holding Workhorse can time the market purely based on public headlines and social activities around Workhorse Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Workhorse's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Workhorse and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Workhorse news discussions. The higher the estimate score, the more favorable the investor's outlook on Workhorse.
Workhorse Corporate Management
| Joshua Anderson | Chief Officer | Profile | |
| Kerry Roraff | Chief Officer | Profile | |
| Gregory Ackerson | Principal Officer | Profile | |
| Stan March | Vice Communications | Profile | |
| James CPA | Chief Officer | Profile | |
| Robert CMA | Chief Officer | Profile |
Already Invested in Workhorse Group?
The danger of trading Workhorse Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Workhorse is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Workhorse. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Workhorse Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Workhorse Stock Analysis
When running Workhorse's price analysis, check to measure Workhorse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.