Workhorse Stock Analysis

WKHS
 Stock
  

USD 2.72  0.03  1.12%   

The latest bullish price patterns experienced by current Workhorse Grp shareholders may raise some interest from retail investors as it is trading at a share price of 2.72 on 2,577,151 in trading volume. The company management teams have been very successful in rebalancing the company assets at opportune times to take advantage of market volatility in August. The stock standard deviation of daily returns for 90 days investing horizon is currently 6.17. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Workhorse Grp partners.
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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 32.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.83. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Workhorse Grp had not issued any dividends in recent years. The entity had 1:10 split on the 11th of December 2015. 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 513 360 4704 or visit https://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 has very high historical volatility over the last 90 days
Workhorse Grp has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (302.89 M) with loss before overhead, payroll, taxes, and interest of (126.54 M).
Workhorse Grp currently holds about 167.05 M in cash with (128.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.02.
Latest headline from simplywall.st: Were Keeping An Eye On Workhorse Groups Cash Burn Rate - Simply Wall St

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 Financial 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 Financial Announcement31st of December 2020

Workhorse Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Workhorse Grp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workhorse Grp backward and forwards among themselves. Workhorse Grp's institutional investor refers to the entity that pools money to purchase Workhorse Grp'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.
Security TypeSharesValue
Blackrock IncCommon Shares10.1 M26.2 M
Vanguard Group IncCommon SharesM20.8 M
State Street CorpCommon Shares6.8 M17.8 M
Invesco LtdCommon Shares4.8 M12.6 M
Geode Capital Management LlcCommon Shares2.6 M6.7 M
Northern Trust CorpCommon Shares1.4 M3.8 M
Susquehanna International Group LlpCommon Shares1.2 M3.1 M
Jane Street Group LlcCall OptionsM2.7 M
Susquehanna International Group LlpPut Options928.7 K2.4 M
Note, although Workhorse Grp'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 'Small-Cap' category with current market capitalization of 419.6 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.

Management Efficiency

The entity has return on total asset (ROA) of (8.18) % which means that it has lost $8.18 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (140.29) %, meaning that it created substantial loss on money invested by shareholders. 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.

Technical Drivers

As of the 27th of September, Workhorse Grp maintains the mean deviation of 4.43, and Market Risk Adjusted Performance of (0.022738). 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 2.72 per share. Please also validate Workhorse Grp total risk alpha, which is currently at 0.3387 to confirm the company can sustain itself at a future point.

Workhorse Grp Price Movement Analysis

The output start index for this execution was thirty-four with a total number of output elements of twenty-seven. The Weighted Moving Average calculates a weight for each value in Workhorse Grp price series with the more recent values given greater weights.
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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.
Ackerson Gregory T over two months ago via Macroaxis 
Payment of 427 shares by Ackerson Gregory T of Workhorse Grp subject to Rule 16b-3
Furey Anthony Daly over three months ago via Macroaxis 
Payment of 3085 shares by Furey Anthony Daly of Workhorse Grp subject to Rule 16b-3
Miller Austin Scott over three months ago via Macroaxis 
Acquisition by Miller Austin Scott of 23810 shares of Workhorse Grp subject to Rule 16b-3
Gaul Ryan Wesley over three months ago via Macroaxis 
Payment of 1703 shares by Gaul Ryan Wesley of Workhorse Grp subject to Rule 16b-3
Anderson Joshua Joseph over three months ago via Macroaxis 
Payment of 5228 shares by Anderson Joshua Joseph of Workhorse Grp subject to Rule 16b-3
Mader Pamela S over six months ago via Macroaxis 
Acquisition by Mader Pamela S of 33003 shares of Workhorse Grp subject to Rule 16b-3
Harrington James D over six months ago via Macroaxis 
Payment of 4808 shares by Harrington James D of Workhorse Grp subject to Rule 16b-3
Fleming Stephen M over six months ago via Macroaxis 
Payment of 6169 shares by Fleming Stephen M of Workhorse Grp subject to Rule 16b-3
Dauch Richard F over six months ago via Macroaxis 
Purchase by Dauch Richard F of 50000 shares of Workhorse Grp
March Stanley Raymond over six months ago via Macroaxis 
Purchase by March Stanley Raymond of 15000 shares of Workhorse Grp
Duane Hughes over six months ago via Macroaxis 
Acquisition by Duane Hughes of 59484 shares of Workhorse Grp subject to Rule 16b-3
Furey Anthony Daly over six months ago via Macroaxis 
Workhorse Grp exotic insider transaction detected

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 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 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 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, 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.

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 Ratio7.77
Fifty Two Week Low2.1100
Revenue Growth-97.30%
Shares Short Prior Month40.5M
Average Daily Volume Last 10 Day2.8M
Average Daily Volume In Three Month3.92M
Shares Percent Shares Out26.61%
Short Percent Of Float27.49%
Forward Price Earnings-7.69
Float Shares149.03M
Fifty Two Week High8.3800
Enterprise Value To Ebitda-9.28
Fifty Day Average3.3698
Two Hundred Day Average3.5019
Enterprise Value To Revenue-294.73
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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.