Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Workhorse Group Inc’s stock clocked out at $0.86, up 1.14% from its previous closing price of $0.85. In other words, the price has increased by $1.14 from its previous closing price. On the day, 1.18 million shares were traded. WKHS stock price reached its highest trading level at $0.8888 during the session, while it also had its lowest trading level at $0.83.
Ratios:
To gain a deeper understanding of WKHS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.09.
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.
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 20951750 and an Enterprise Value of 33368662. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.18 while its Price-to-Book (P/B) ratio in mrq is 0.30. Its current Enterprise Value per Revenue stands at 3.47 whereas that against EBITDA is -0.359.
Stock Price History:
Over the past 52 weeks, WKHS has reached a high of $199.44, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 3.84%, while the 200-Day Moving Average is calculated to be -98.46%.
Shares Statistics:
It appears that WKHS traded 2.13M shares on average per day over the past three months and 1299790 shares per day over the past ten days. A total of 24.36M shares are outstanding, with a floating share count of 23.35M. Insiders hold about 4.15% of the company’s shares, while institutions hold 9.98% stake in the company. Shares short for WKHS as of 1727654400 were 4348847 with a Short Ratio of 2.04, compared to 1724976000 on 5071559. Therefore, it implies a Short% of Shares Outstanding of 4348847 and a Short% of Float of 18.059998999999998.
Earnings Estimates
The performance of Workhorse Group Inc (WKHS) in the stock market is under the watchful eye of 3.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.74, with high estimates of -$0.47 and low estimates of -$0.91.
Analysts are recommending an EPS of between -$4.58 and -$4.65 for the fiscal current year, implying an average EPS of -$4.61. EPS for the following year is -$1.79, with 3.0 analysts recommending between -$0.77 and -$3.4.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $4.31M. There is a high estimate of $6.8M for the next quarter, whereas the lowest estimate is $1.5M.
A total of 3 analysts have provided revenue estimates for WKHS’s current fiscal year. The highest revenue estimate was $15M, while the lowest revenue estimate was $4.5M, resulting in an average revenue estimate of $9.89M. In the same quarter a year ago, actual revenue was $13.1MBased on 3 analysts’ estimates, the company’s revenue will be $33.24M in the next fiscal year. The high estimate is $61.51M and the low estimate is $8.2M.
