Workhorse Group Inc

Company Profile

Workhorse Group Inc had its IPO on 2014-08-07 under the ticker symbol WKHS.

The company operates in the Consumer Cyclical sector and Auto Manufacturers industry. Workhorse Group Inc has a staff strength of 331 employees.

Stock update

Shares of Workhorse Group Inc opened at $0.66 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.62 - $0.66, and closed at $0.64.

This is a +1.13% increase from the previous day's closing price.

A total volume of 15,478,528 shares were traded at the close of the day’s session.

In the last one week, shares of Workhorse Group Inc have slipped by -15.55%.

Workhorse Group Inc's Key Ratios

Workhorse Group Inc has a market cap of $133.63 million, indicating a price to book ratio of 2.3753 and a price to sales ratio of 328.6373.

In the last 12-months Workhorse Group Inc’s revenue was $10.66 million with a gross profit of $-32649236 and an EBITDA of $-134637856. The EBITDA ratio measures Workhorse Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Workhorse Group Inc’s operating margin was -1288.08% while its return on assets stood at -46.69% with a return of equity of -90.02%.

In Q2, Workhorse Group Inc’s quarterly earnings growth was a positive 19043.5% while revenue growth was a positive 31492.7%.

Workhorse Group Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.78 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Workhorse Group Inc’s profitability.

Workhorse Group Inc stock is trading at a EV to sales ratio of 235.7415 and a EV to EBITDA ratio of -0.8704. Its price to sales ratio in the trailing 12-months stood at 328.6373.

Workhorse Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$176.93 million

Total Liabilities

$58.09 million

Operating Cash Flow

$-5068003.00

Capital Expenditure

$5.07 million

Dividend Payout Ratio

0%

Workhorse Group Inc ended 2024 with $176.93 million in total assets and $0 in total liabilities. Its intangible assets were valued at $176.93 million while shareholder equity stood at $107.39 million.

Workhorse Group Inc ended 2024 with $0 in deferred long-term liabilities, $58.09 million in other current liabilities, 205221.00 in common stock, $-675665775.00 in retained earnings and $0 in goodwill. Its cash balance stood at $62.38 million and cash and short-term investments were $62.38 million. The company’s total short-term debt was $1,486,417 while long-term debt stood at $0.

Workhorse Group Inc’s total current assets stands at $124.29 million while long-term investments were $10.00 million and short-term investments were $0. Its net receivables were $17.84 million compared to accounts payable of $10.23 million and inventory worth $34.62 million.

In 2024, Workhorse Group Inc's operating cash flow was $-5068003.00 while its capital expenditure stood at $5.07 million.

Comparatively, Workhorse Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.64

52-Week High

$3.43

52-Week Low

$0.547

Analyst Target Price

$2.75

Workhorse Group Inc stock is currently trading at $0.64 per share. It touched a 52-week high of $3.43 and a 52-week low of $3.43. Analysts tracking the stock have a 12-month average target price of $2.75.

Its 50-day moving average was $0.95 and 200-day moving average was $1.35 The short ratio stood at 5.26 indicating a short percent outstanding of 0%.

Around 435% of the company’s stock are held by insiders while 3318.5% are held by institutions.