Market Update: Workhorse Group Inc (WKHS) Sees Negative Movement, Closing at 1.21

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

In the latest session, Workhorse Group Inc (NASDAQ: WKHS) closed at $1.21 down -1.63% from its previous closing price of $1.23. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 0.97 million shares were traded. WKHS stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.165.

Ratios:

For a deeper understanding of Workhorse Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.10.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH Capital on August 09, 2022, Downgraded its rating to Neutral and sets its target price to $3.50 from $7 previously.

On March 03, 2022, R. F. Lafferty Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $4 to $6.

ROTH Capital Upgraded its Neutral to Buy on March 02, 2022, while the target price for the stock was maintained at $7.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 17 ’25 when Peters James sold 100 shares for $1.31 per share. The transaction valued at 131 led to the insider holds 470 shares of the business.

Anderson Joshua Joseph sold 120 shares of WKHS for $157 on Apr 17 ’25. The Chief Technology Officer now owns 823 shares after completing the transaction at $1.31 per share. On Apr 17 ’25, another insider, Harrington James D., who serves as the General Counsel of the company, sold 369 shares for $1.31 each. As a result, the insider received 483 and left with 1,244 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WKHS now has a Market Capitalization of 7175832 and an Enterprise Value of 18403158. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.11. Its current Enterprise Value per Revenue stands at 2.781 whereas that against EBITDA is -0.279.

Stock Price History:

The Beta on a monthly basis for WKHS is 2.84, which has changed by -0.96993786 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, WKHS has reached a high of $68.07, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is -64.72%, while the 200-Day Moving Average is calculated to be -87.59%.

Shares Statistics:

For the past three months, WKHS has traded an average of 380.44K shares per day and 609480 over the past ten days. A total of 3.84M shares are outstanding, with a floating share count of 3.23M. Insiders hold about 1.36% of the company’s shares, while institutions hold 6.49% stake in the company. Shares short for WKHS as of 1743379200 were 1200229 with a Short Ratio of 3.15, compared to 1740700800 on 721340. Therefore, it implies a Short% of Shares Outstanding of 1200229 and a Short% of Float of 23.52.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The dynamic stock of Workhorse Group Inc (WKHS) is currently attracting attention from 1.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$3.98, with high estimates of -$3.98 and low estimates of -$3.98.

Analysts are recommending an EPS of between -$15.55 and -$15.55 for the fiscal current year, implying an average EPS of -$15.55. EPS for the following year is -$4.25, with 1.0 analysts recommending between -$4.25 and -$4.25.

Revenue Estimates

A total of 1 analysts believe the company’s revenue will be $2M this quarter.It ranges from a high estimate of $2M to a low estimate of $2M. As of the current estimate, Workhorse Group Inc’s year-ago sales were $1.34MFor the next quarter, 1 analysts are estimating revenue of $2.3M. There is a high estimate of $2.3M for the next quarter, whereas the lowest estimate is $2.3M.

A total of 1 analysts have provided revenue estimates for WKHS’s current fiscal year. The highest revenue estimate was $10M, while the lowest revenue estimate was $10M, resulting in an average revenue estimate of $10M. In the same quarter a year ago, actual revenue was $6.62MBased on 1 analysts’ estimates, the company’s revenue will be $18.52M in the next fiscal year. The high estimate is $18.52M and the low estimate is $18.52M.

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