Workhorse Group Stock Analysis
| WKHS Stock | USD 0.43 0.02 4.44% |
Workhorse Group is undervalued with Real Value of 0.57 and Hype Value of 0.43. The main objective of Workhorse stock analysis is to determine its intrinsic value, which is an estimate of what Workhorse Group is worth, separate from its market price. There are two main types of Workhorse's stock analysis: fundamental analysis and technical analysis.
The Workhorse stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Workhorse is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Workhorse Stock trading window is adjusted to America/New York timezone.
Workhorse |
Workhorse Stock Analysis Notes
The company has Price to Book (P/B) ratio of 0.37. 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 7.77. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 17th of June 2024. Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio. Workhorse Grp operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 221 people. For more information please call Stephen Burns at 888 646 5205 or visit https://www.workhorse.com.Workhorse Group Investment Alerts
| 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 some characteristics of a very speculative penny stock | |
| Workhorse Group has a very high chance of going through financial distress in the upcoming years | |
| 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, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Workhorse Group has a poor financial position based on the latest SEC disclosures |
Workhorse Group Upcoming and Recent Events
| 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 |
Workhorse Thematic Classifications
In addition to having Workhorse stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Automobiles and TrucksUSA Equities from Automobiles and Trucks industry as classified by Fama & French |
Workhorse Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.5 M.Technical Drivers
As of the 2nd of March, Workhorse maintains the Market Risk Adjusted Performance of (2.97), mean deviation of 4.28, and Standard Deviation of 5.15. 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 0.43 per share. As Workhorse Group is a penny stock we also advise to confirm its jensen alpha numbers.Workhorse Group Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Workhorse middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Workhorse Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Workhorse Group 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 Outstanding 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.
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Workhorse Predictive Daily 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.
Workhorse Forecast Models
Workhorse's time-series forecasting models are one of many Workhorse's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Workhorse's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Workhorse Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Workhorse prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Workhorse shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Workhorse. By using and applying Workhorse Stock analysis, traders can create a robust methodology for identifying Workhorse entry and exit points for their positions.
Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio. Workhorse Grp operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 221 people.
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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.