Workhorse Stock Analysis

WKHS -  USA Stock  

USD 2.90  0.02  0.69%

The big decline in price over the last few months for Workhorse Grpmay raise some interest from retail investors as it is trading at a share price of 2.90 on 5,626,775 in trading volume. The company executives failed to add value to investors and positioning the company supply of money to exploit market volatility in December. However, diversifying your holdings with Workhorse Grp or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.15. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Workhorse Grp partners.
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Workhorse Stock Analysis 

 
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The Workhorse Grp stock analysis report makes it easy to digest most publicly released information about Workhorse Grp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Workhorse Stock analysis module also helps to analyze the Workhorse Grp price relationship with some important fundamental indicators such as market cap and management efficiency.

Workhorse Stock Analysis Notes

About 13.0% of the company outstanding shares are owned by insiders. The book value of Workhorse Grp was at this time reported as 1.14. The company had not issued any dividends in recent years. Workhorse Grp had 1:10 split on the 11th of December 2015. Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft 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 130 people. For more information please call Stephen Burns at 513 360-4704 or visit www.workhorse.com.

Workhorse Grp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Workhorse Grp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Workhorse Grp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Workhorse Grp generated a negative expected return over the last 90 days
Workhorse Grp has high historical volatility and very poor performance
Workhorse Grp has a very high chance of going through financial distress in the upcoming years
Workhorse Grp currently holds about 230.42 M in cash with (142.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.64.
Workhorse Grp has a poor financial position based on the latest SEC disclosures
Roughly 13.0% of the company outstanding shares are owned by insiders
Latest headline from MacroaxisInsider: Workhorse Grp exotic insider transaction detected

Workhorse Grp Upcoming and Recent Events

Earnings reports are used by Workhorse Grp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Workhorse Grp 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.
Upcoming Quarterly Report7th of March 2022
Next Earnings Report9th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End7th of March 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Workhorse Largest EPS Surprises

Earnings surprises can significantly impact Workhorse Grp'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
2019-05-07
2019-03-31-0.1-0.11-0.0110 
2018-05-09
2018-03-31-0.14-0.16-0.0214 
2017-08-09
2017-06-30-0.23-0.26-0.0313 
View All Earnings Estimates

Workhorse Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 494.48 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Workhorse Grp's market, we take the total number of its shares issued and multiply it by Workhorse Grp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Workhorse Profitablity

Workhorse Grp's profitability indicators refer to fundamental financial ratios that showcase Workhorse Grp's ability to generate income relative to its revenue or operating costs. If, let's say, Workhorse Grp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Workhorse Grp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Workhorse Grp's profitability requires more research than a typical breakdown of Workhorse Grp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2022
Return on Investment 105.07  113.37 
Return on Average Assets 18.38  19.83 
Return on Average Equity 33.10  35.72 
Return on Invested Capital(3.68) (3.78) 
Return on Sales(69.51) (75.00) 

Management Efficiency

The entity has return on total asset (ROA) of (20.32) % which means that it has lost $20.32 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 54.75 %, meaning that it created $54.75 on every $100 dollars invested by stockholders. Workhorse Grp management efficiency ratios could be used to measure how well workhorse grp manages its routine affairs as well as how well it operates its assets and liabilities. Workhorse Grp Return on Investment is relatively stable at the moment as compared to the past year. Workhorse Grp reported last year Return on Investment of 105.07. As of 01/29/2022, Return on Average Assets is likely to grow to 19.83, while Return on Invested Capital is likely to drop (3.78) . Workhorse Grp Return on Average Assets are relatively stable at the moment as compared to the past year. Workhorse Grp reported last year Return on Average Assets of 18.38. As of 01/29/2022, Average Assets is likely to grow to about 7 M, while Tangible Assets Book Value per Share are likely to drop 0.91.
Last ReportedProjected for 2022
Book Value per Share(0.20) (0.22) 
Enterprise Value over EBIT(18.40) (18.88) 
Enterprise Value over EBITDA(20.44) (20.98) 
Price to Book Value(33.39) (36.03) 
Tangible Assets Book Value per Share 0.97  0.91 
Enterprise Value129.4 M139.6 M
Tangible Asset Value13.2 M14.2 M

Technical Drivers

As of the 29th of January, Workhorse Grp maintains the market risk adjusted performance of (0.65), and Mean Deviation of 3.41. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Workhorse Grp, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Workhorse Grp, which can be compared to its rivals. Please check out Workhorse Grp jensen alpha and downside variance to decide if Workhorse Grp is priced fairly, providing market reflects its latest price of 2.9 per share. Please also validate Workhorse Grp total risk alpha, which is currently at (0.90) to confirm the company can sustain itself at a future point.

Workhorse Grp Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Parabolic SAR indicator is used to determine the direction of Workhorse Grp's momentum and the point in time when Workhorse Grp has higher than normal probability directional change. View also all equity analysis or get more info about parabolic sar overlap studies indicator.

Workhorse Grp 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 Grp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Workhorse Grp'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 Grp 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.
Furey Anthony Daly over three weeks ago via Macroaxis 
Workhorse Grp exotic insider transaction detected
Ackerson Gregory T over a month ago via Macroaxis 
Acquisition by Ackerson Gregory T of 8750 shares of Workhorse Grp subject to Rule 16b-3
Raymond Chess over a month ago via Macroaxis 
Exercise or conversion by Raymond Chess of 10000 shares of Workhorse Grp subject to Rule 16b-3
March Stanley Raymond over a month ago via Macroaxis 
Acquisition by March Stanley Raymond of 20000 shares of Workhorse Grp subject to Rule 16b-3
Gaul Ryan Wesley over a month ago via Macroaxis 
Payment of 1714 shares by Gaul Ryan Wesley of Workhorse Grp subject to Rule 16b-3
March Stanley Raymond over a month ago via Macroaxis 
Workhorse Grp exotic insider transaction detected
Furey Anthony Daly over two months ago via Macroaxis 
Workhorse Grp exotic insider transaction detected
Anderson Joshua Joseph over two months ago via Macroaxis 
Acquisition by Anderson Joshua Joseph of 100000 shares of Workhorse Grp subject to Rule 16b-3
Harry DeMott over three months ago via Macroaxis 
Exercise or conversion by Harry DeMott of 4000 shares of Workhorse Grp subject to Rule 16b-3
Fleming Stephen M over three months ago via Macroaxis 
Payment of 2281 shares by Fleming Stephen M of Workhorse Grp subject to Rule 16b-3
Graber John Wesley over three months ago via Macroaxis 
Acquisition by Graber John Wesley of 36675 shares of Workhorse Grp subject to Rule 16b-3
Schrader Steve over three months ago via Macroaxis 
Payment of 1509 shares by Schrader Steve of Workhorse Grp subject to Rule 16b-3

Workhorse Grp Predictive Daily Indicators

Workhorse Grp 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 Grp 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 Grp Forecast Models

Workhorse Grp time-series forecasting models is one of many Workhorse Grp's stock analysis techniquest aimed to predict 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 Grp'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 stock 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 Grp stock is reacting to, or reflecting on a current stock 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 Grp. 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, designs, manufactures, builds, and sells battery-electric vehicles and aircraft 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 130 people.

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
8.38Hold4Odds
Workhorse Grp 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 Grp, talking to its executives and customers, or listening to Workhorse conference calls.
Workhorse Analyst Advice Details

Workhorse Stock Analysis Indicators

Workhorse Grp stock analysis indicators help investors evaluate how Workhorse Grp 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 Grp shares will generate the highest return on investment. By understating and applying Workhorse Grp stock analysis, traders can identify Workhorse Grp position entry and exit signals to maximize returns.
Quick Ratio1.32
Fifty Two Week Low2.7000
Shares Short Prior Month42.73M
Average Daily Volume Last 10 Day5.84M
Average Daily Volume In Three Month7.49M
Shares Percent Shares Out27.73%
Short Percent Of Float28.25%
Forward Price Earnings-4.95
Float Shares124.58M
Fifty Two Week High42.9600
Enterprise Value To Ebitda-7.15
Fifty Day Average4.9529
Two Hundred Day Average8.8930
Enterprise Value To Revenue291.64
Check out Your Current Watchlist. Note that the Workhorse Grp information on this page should be used as a complementary analysis to other Workhorse Grp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Workhorse Grp price analysis, check to measure Workhorse Grp'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 Grp is operating at the current time. Most of Workhorse Grp's value examination focuses on studying past and present price action to predict the probability of Workhorse Grp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Workhorse Grp's price. Additionally, you may evaluate how the addition of Workhorse Grp to your portfolios can decrease your overall portfolio volatility.
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Is Workhorse Grp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workhorse Grp. If investors know Workhorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workhorse Grp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Workhorse Grp is measured differently than its book value, which is the value of Workhorse that is recorded on the company's balance sheet. Investors also form their own opinion of Workhorse Grp's value that differs from its market value or its book value, called intrinsic value, which is Workhorse Grp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workhorse Grp's market value can be influenced by many factors that don't directly affect Workhorse Grp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workhorse Grp's value and its price as these two are different measures arrived at by different means. Investors typically determine Workhorse Grp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workhorse Grp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.