Workhorse Group Stock Analysis

WKHS Stock  USD 2.13  0.07  3.18%   
Workhorse Group is overvalued with Real Value of 1.52 and Target Price of 1.0. 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 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, Labour Day. Workhorse Stock trading window is adjusted to America/New York timezone.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workhorse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Workhorse Stock Analysis Notes

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. 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 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 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 Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-08-06
2019-06-30-0.09-0.1-0.0111 
2019-05-07
2019-03-31-0.1-0.11-0.0110 
2023-11-14
2023-09-30-0.12-0.14-0.0216 
View All Earnings Estimates

Workhorse Environmental, Social, and Governance (ESG) Scores

Workhorse's ESG score is a quantitative measure that evaluates Workhorse's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Workhorse's operations that may have significant financial implications and affect Workhorse's stock price as well as guide investors towards more socially responsible investments.

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 Trucks Idea
Automobiles and Trucks
USA Equities from Automobiles and Trucks industry as classified by Fama & French

Workhorse Stock Institutional Investors

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 Accounts2024-12-31
27.6 K
Group One Trading, Lp2024-12-31
26.6 K
Ubs Group Ag2024-12-31
17.9 K
Wealthfront Advisers Llc2024-12-31
17.1 K
Tower Research Capital Llc2024-12-31
16.1 K
Squarepoint Ops Llc2024-12-31
12 K
Perennial Investment Advisors, Llc2024-12-31
10.8 K
Commonwealth Equity Services Inc2024-12-31
10.3 K
Financial Security Advisor Inc2024-12-31
10 K
Susquehanna International Group, Llp2024-12-31
890.3 K
Vanguard Group Inc2024-12-31
695.1 K
Note, although Workhorse's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Workhorse Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.21 M.

Workhorse Profitablity

Last ReportedProjected 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)

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 ReportedProjected 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 Value2.8 M1.6 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.
Operating Margin
(5.65)
Beta
2.787
Return On Assets
(0.47)
Return On Equity
(1.57)

Technical Drivers

As of the 22nd of March, Workhorse maintains the Mean Deviation of 5.19, market risk adjusted performance of (2.12), and Standard Deviation of 7.14. 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 Group Price Movement Analysis

Execute Study
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.

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 Corporate Filings

8K
12th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
10th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
26th of February 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
27th of January 2025
Other Reports
ViewVerify
7th of January 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 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.
Last ReportedProjected for Next Year
Pretax Profit Margin(8.52)(8.10)
Operating Profit Margin(7.24)(6.88)
Net Loss(8.52)(8.09)
Gross Profit Margin(1.74)(1.65)

Current Workhorse Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Workhorse analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Workhorse analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
1.0Hold2Odds
Workhorse Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Workhorse analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Workhorse stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Workhorse Group, talking to its executives and customers, or listening to Workhorse conference calls.
Workhorse Analyst Advice Details

Workhorse Stock Analysis Indicators

Workhorse Group stock analysis indicators help investors evaluate how Workhorse stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Workhorse shares will generate the highest return on investment. By understating and applying Workhorse stock analysis, traders can identify Workhorse position entry and exit signals to maximize returns.
Begin Period Cash Flow99.3 M
Common Stock Shares Outstanding10.4 M
Total Stockholder Equity83.1 M
Tax Provision-110.5 K
Quarterly Earnings Growth Y O Y190.435
Property Plant And Equipment Net47.7 M
Cash And Short Term Investments25.8 M
Cash25.8 M
Accounts Payable12.5 M
Net Debt3.2 M
50 Day M A6.1475
Total Current Liabilities53.3 M
Other Operating Expenses118.4 M
Non Current Assets Total47.8 M
Non Currrent Assets Other176.3 K
Stock Based Compensation13.4 M

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.