Workhorse Group Stock Today

WKHS Stock  USD 0.73  0.04  5.19%   

Performance

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Odds Of Distress

Over 85

 
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Workhorse is selling for under 0.73 as of the 8th of October 2024; that is 5.19 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.72. Workhorse has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Workhorse Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of September 2024 and ending today, the 8th of October 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
7th of August 2014
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 24.36 M outstanding shares of which 5.3 M shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover. More on Workhorse Group

Moving together with Workhorse Stock

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Moving against Workhorse Stock

  0.78DORM Dorman ProductsPairCorr
  0.35MOD Modine ManufacturingPairCorr

Workhorse Stock Highlights

CEOStephen Burns
Thematic IdeaAutomobiles and Trucks (View all Themes)
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities55.9 M53.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalM5.3 M
Notably Down
Pretty Stable
Total Assets84.1 M141.7 M
Way Down
Slightly volatile
Total Current Assets52.1 M93.8 M
Way Down
Slightly volatile
Debt Levels
Workhorse can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Workhorse's financial leverage. It provides some insight into what part of Workhorse's total assets is financed by creditors.
Liquidity
Workhorse Group currently holds 29.02 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Workhorse Group has a current ratio of 9.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Workhorse's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

65.66 Million
Workhorse Group (WKHS) is traded on NASDAQ Exchange in USA. It is located in 3600 Park 42 Drive, Sharonville, OH, United States, 45241 and employs 298 people. Workhorse is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.82 M. Workhorse Group conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 24.36 M outstanding shares of which 5.3 M shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover. 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.
Check Workhorse Probability Of Bankruptcy
Ownership Allocation
Workhorse Group retains a total of 24.36 Million outstanding shares. Workhorse Group maintains 4.08 (%) of its outstanding shares held by insiders and 23.4 (%) owned by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Workhorse Ownership Details

Workhorse Stock Institutional Holders

InstituionRecorded OnShares
Swedbank Ab2024-06-30
65.5 K
State Street Corp2024-06-30
46.5 K
Sei Investments Co2024-06-30
44 K
Morgan Stanley - Brokerage Accounts2024-06-30
43.4 K
Ubs Group Ag2024-06-30
36.9 K
Cubist Systematic Strategies, Llc2024-06-30
35 K
T. Rowe Price Associates, Inc.2024-06-30
28.8 K
Jane Street Group, Llc2024-06-30
21.3 K
Legal & General Group Plc2024-03-31
18.2 K
Credit Suisse First Boston (csfb)2024-03-31
652.7 K
Vanguard Group Inc2024-06-30
553.1 K
View Workhorse Diagnostics

Workhorse Historical Income Statement

At this time, Workhorse's Interest Income is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 3.6 M in 2024, despite the fact that EBIT is likely to grow to (100 M). View More Fundamentals

Workhorse Stock Against Markets

Workhorse Corporate Management

Joshua AndersonChief OfficerProfile
Kerry RoraffChief OfficerProfile
Gregory AckersonPrincipal OfficerProfile
Stan MarchVice CommunicationsProfile
Jeff MowryChief OfficerProfile

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.