WKHS - Workhorse Group Inc Stock Price, Fair Value and News

0.16USD0.00 (0.00%)Delayed

Market Summary

USD0.160.00

Delayed

0.00%

WKHS Stock Price

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WKHS RSI Chart

WKHS Valuation

Market Cap

50.4M

Price/Earnings (Trailing)

-0.41

Price/Sales (Trailing)

3.85

EV/EBITDA

-0.19

Price/Free Cashflow

-0.36

WKHS Price/Sales (Trailing)

WKHS Profitability

Operating Margin

-192.87%

EBT Margin

-947.17%

Return on Equity

-149.1%

Return on Assets

-87.47%

Free Cashflow Yield

-281.28%

WKHS Fundamentals

WKHS Revenue

Revenue (TTM)

13.1M

WKHS Earnings

Earnings (TTM)

-123.9M

Earnings Growth (Yr)

-17.08%

Earnings Growth (Qtr)

-47.68%

Breaking Down WKHS Revenue

Last 30 days

-30.4%

Last 90 days

-42.9%

Trailing 12 Months

-83.0%

How does WKHS drawdown profile look like?

WKHS Financial Health

Current Ratio

1.76

Debt/Equity

0.01

Debt/Cashflow

-224.16

WKHS Investor Care

Shares Dilution (1Y)

83.93%

Diluted EPS (TTM)

-0.6

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	9.1M	0	0	13.1M
2022	3.8M	4.2M	4.6M	5.0M
2021	1.8M	2.9M	3.4M	0
2020	96.7K	183.1K	743.6K	1.4M
2019	567.1K	401.9K	395.2K	376.6K
2018	9.6M	9.5M	6.3M	763.2K
2017	7.7M	6.8M	8.2M	10.6M
2016	376.0K	1.5M	3.4M	6.4M
2015	0	245.5K	140.0K	140.0K
2014	0	503.9K	355.0K	177.5K
2013	1.3M	0	1.3M	814.2K
2012	489.0K	599.3K	952.6K	1.3M
2011	414.2K	458.5K	502.7K	546.9K
2010	0	0	0	370.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Workhorse Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 22, 2024	gaul ryan wesley	sold (taxes)	-322	0.158	-2,040	president, commercial vehicles
Apr 20, 2024	anderson joshua joseph	sold (taxes)	-991	0.1613	-6,150	chief technology officer
Apr 20, 2024	graber john wesley	sold (taxes)	-344	0.1613	-2,136	president, aerospace
Apr 01, 2024	peters james	sold (taxes)	-320	0.227	-1,412	vp, supply chain management
Mar 15, 2024	harrington james d.	sold (taxes)	-1,549	0.266	-5,825	general counsel
Mar 01, 2024	dauch richard f	sold (taxes)	-8,447	0.337	-25,066	chief executive officer
Feb 23, 2024	gaul ryan wesley	sold (taxes)	-3,742	0.2867	-13,052	president, commercial vehicles
Feb 23, 2024	roraff kerry	sold (taxes)	-2,170	0.2867	-7,570	chief human resources officer
Feb 23, 2024	ginnan robert m	sold (taxes)	-4,589	0.2867	-16,009	chief financial officer
Feb 23, 2024	graber john wesley	sold (taxes)	-3,472	0.2867	-12,111	president, aerospace

Which funds bought or sold WKHS recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Allworth Financial LP	added	115	216	757	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-13.79	-116,433	149,290	-%
Apr 24, 2024	PSI Advisors, LLC	sold off	-100	-111	-	-%
Apr 24, 2024	Newbridge Financial Services Group, Inc.	unchanged	-	-439	821	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-6.35	-5,000	9,000	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-79.00	235	-%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	-6.00	12.00	-%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-11.00	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-64.48	-4,000	1,000	-%
Apr 22, 2024	PFG Investments, LLC	new	-	4,107	4,107	-%

Are Funds Buying or Selling WKHS?

Are funds buying WKHS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WKHS

No. of Funds

Unveiling Workhorse Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	4.99%	15,722,358	SC 13G/A
Feb 13, 2024	vanguard group inc	3.78%	9,870,555	SC 13G/A
Jan 31, 2024	blackrock inc.	5.3%	13,846,124	SC 13G
Feb 09, 2023	vanguard group inc	5.40%	8,857,480	SC 13G
Jan 31, 2023	blackrock inc.	7.0%	11,538,946	SC 13G/A
Feb 03, 2022	blackrock inc.	5.5%	8,653,590	SC 13G/A
Nov 12, 2021	cowen and company, llc	0.25%	344,712	SC 13G
Feb 16, 2021	marathon asset management lp	0.95%	1,153,184	SC 13G/A
Feb 12, 2021	seaport global asset management llc	3.20%	3,856,754	SC 13G/A
Feb 02, 2021	blackrock inc.	5.9%	7,097,121	SC 13G

Recent SEC filings of Workhorse Group Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 23, 2024	4/A	Insider Trading
Apr 05, 2024	SC 13G/A	Major Ownership Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Workhorse Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	536.7B	94.7B	-6.42%	5.06%	39.42	5.66	10.12%	15.85%
GM	52.3B	174.9B	2.74%	40.01%	4.88	0.3	8.79%	14.11%
F	50.8B	177.5B	-2.22%	9.99%	12.92	0.29	7.54%	33.01%
APTV	19.9B	20.1B	-9.46%	-29.96%	6.76	0.99	14.65%	394.61%
KMX	10.9B	26.5B	-20.04%	-1.21%	22.84	0.41	-10.61%	-1.15%
MID-CAP
BWA	7.6B	15.0B	-4.35%	-30.33%	12.2	0.51	12.05%	-33.79%
ALSN	6.5B	3.1B	-7.81%	63.39%	9.7	2.11	8.82%	17.48%
ABG	4.5B	15.4B	-4.90%	15.05%	7.94	0.29	2.10%	-39.62%
GT	3.4B	20.1B	-12.90%	10.47%	-4.88	0.17	-3.55%	-440.59%
ADNT	2.8B	15.4B	-8.32%	-16.66%	13.03	0.18	7.09%	494.44%
SMALL-CAP
BLBD	1.1B	1.2B	-10.22%	86.09%	17.86	0.9	33.91%	215.64%
AXL	880.4M	6.1B	1.90%	8.36%	-26.2	0.14	4.78%	-152.26%
CAAS	106.6M	576.4M	4.75%	-22.93%	2.83	0.18	8.84%	77.79%
WKHS	50.4M	13.1M	-30.43%	-82.96%	-0.41	3.85	160.69%	-5.67%
AYRO	7.0M	498.9K	-15.06%	171.15%	-0.2	13.95	-83.32%	-48.94%

Workhorse Group Inc News

Latest updates

Workhorse Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1
Revenue	-100.0%	-	1,700,000	3,447,420	1,548,798	1,462,318	1,375,837	1,289,357	1,202,876	521,060	651,570	564,707	91,942	84,300	2,614	4,258	5,508	364,182	21,263	10,997	170,684	560,229
Cost Of Revenue	238.5%	18,037,691	5,328,119	21,213,206	9,515,547	3,020,204	3,923,351	11,549,187	14,796,130	6,225,299	6,992,531	2,815,242	1,511,360	1,747,975	2,093,217	1,423,904	930,164	1,397,606	3,142,361	1,476,822	1,655,905	1,698,280
Gross Profit	-275.0%	-13,631,362	-3,634,704	-17,765,786	-7,966,749	-3,007,649	-3,909,052	-12,125,789	-13,593,254	-5,704,239	-6,340,961	-2,250,535	-1,419,418	-1,663,675	-2,090,603	-1,419,646	-924,656	-1,033,424	-11,085,205	-1,465,825	-1,485,221	-1,154,141
Operating Expenses	-1.7%	21,537,840	21,914,692	21,574,263	40,879,968	18,057,204	15,922,193	13,380,980	9,129,397	10,749,545	8,708,338	7,564,543	5,565,685	7,468,023	7,540,802	4,191,860	3,212,781	3,453,165	4,428,883	4,812,600	4,897,914	4,737,778
S&GA Expenses	3.0%	15,126,089	14,689,843	13,526,669	34,753,017	13,030,143	11,910,259	10,579,586	7,005,537	6,885,830	4,692,732	5,950,058	3,949,081	5,565,787	3,561,184	2,551,406	1,996,054	2,090,890	2,719,030	3,363,103	3,003,202	2,400,147
R&D Expenses	-10.8%	6,443,818	7,224,849	8,034,054	6,126,951	5,027,061	4,011,934	2,801,394	2,123,860	3,863,715	4,015,606	1,614,485	1,616,604	1,902,236	3,979,618	1,640,454	1,216,727	1,362,275	1,709,853	1,449,497	1,894,712	2,337,631
EBITDA Margin	57.8%	-9.83	-23.30	-23.33	-62.55	-82.80	-92.17	15.13	-13.05	-130	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-1953.0%	-10,198,086	550,359	453,111	27,716	-95,419	-2,223,290	18,599,130	-10,478,717	14,920,473	-4,881,376	-74,315,644	-124,346,806	13,023,489	-52,728,117	5,882,081	15,922,763	1,777,583	2,175,572	-792,872	526,162	525,887
Income Taxes	-Infinity%	-110,524	-	-	-	-	-	-2,919,491	-1,281,947	-17,632,492	21,833,930	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-81.5%	-45,367,288	-24,999,037	-38,653,910	-35,405,501	-21,160,272	-22,054,535	-84,034,905	-44,901,034	-138,139,263	302,316,369	-84,130,722	-131,331,909	4,756,691	655,132	-11,493,587	-20,060,200	-6,264,172	-	-	-	-
EBT Margin	60.4%	-9.47	-23.93	-23.35	-54.23	-77.97	-84.50	9.70	11.95	-28.04	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-81.0%	-45,256,764	-24,999,037	-38,653,910	-35,405,501	-21,160,272	-22,054,535	-81,115,414	-43,619,087	-120,506,771	280,482,439	-84,130,722	-131,331,909	4,756,691	655,132	-11,493,587	-20,060,200	-6,264,172	-17,689,660	-5,485,553	-6,909,297	-6,417,806
Net Income Margin	60.5%	-9.46	-23.93	-23.35	-54.22	-77.16	-83.34	9.70	10.96	-30.33	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	22.4%	-29,613,499	-38,154,129	-35,608,748	-14,566,801	-26,782,924	-34,338,322	-29,302,487	-48,380,446	-36,168,411	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.2%	142	146	177	181	183	202	191	210	228	341	444	480	633	120	55.00	44.00	51.00	28.00	36.00	13.00	12.00
Current Assets	-4.0%	94.00	98.00	124	133	139	163	165	189	216	327	431	467	290	100	35.00	24.00	32.00	19.00	27.00	8.00	6.00
Cash Equivalents	-33.6%	26.00	39.00	62.00	79.00	99.00	120	140	167	202	230	157	205	241	80.00	26.00	17.00	25.00	10.00	24.00	3.00	2.00
Inventory	11.3%	45.00	41.00	35.00	22.00	9.00	12.00	13.00	13.00	10.00	62.00	50.00	31.00	15.00	6.00	4.00	3.00	2.00	2.00	2.00	2.00	3.00
Net PPE	1.1%	38.00	37.00	31.00	27.00	22.00	17.00	14.00	11.00	8.00	14.00	14.00	12.00	11.00	8.00	7.00	7.00	7.00	9.00	8.00	5.00	5.00
Liabilities	74.7%	59.00	34.00	70.00	77.00	74.00	71.00	27.00	53.00	53.00	200	222	204	237	-	-	-	86.00	-	-	-	-
Current Liabilities	106.0%	53.00	26.00	58.00	65.00	63.00	60.00	18.00	21.00	28.00	175	18.00	18.00	18.00	132	105	39.00	47.00	39.00	36.00	23.00	19.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	7.00	-	8.00	9.00	8.00	8.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	1.00	20.00	-	6.00	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	7.00	-	8.00	9.00	8.00	8.00
Shareholder's Equity	-26.3%	83.00	113	107	105	109	131	164	156	175	141	223	276	395	-	-	-	-	-	-	-	-
Retained Earnings	-6.4%	-751	-706	-675	-652	-627	-589	-553	-532	-510	-354	-273	-229	-109	-389	-305	-174	-178	-179	-167	-147	-141
Additional Paid-In Capital	1.9%	834	819	783	757	736	720	717	688	686	505	506	505	504	376	234	151	144	141	141	130	126
Accumulated Depreciation	-	9.00	-	-	-	5.00	-	-	-	-	-	-	-	-	-	-	-	-	3.00	3.00	-	2.00
Shares Outstanding	12.0%	286	255	205	181	166	160	159	152	152	123	123	123	-	-	-	-	-	-	-	-	-
Float	-	-	-	173	-	-	-	399	-	-	-	2,006	-	-	-	1,130	-	-	-	168	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	7.7%	-27,453	-29,746	-33,050	-32,749	-27,839	-10,516	-24,719	-30,742	-22,529	-28,779	-46,364	-34,903	-32,636	-19,887	-9,931	-7,822	-12,734	-12,326	-6,041	-5,768	-4,428
Share Based Compensation	-11.9%	3,100	3,520	3,777	3,024	2,832	2,985	3,292	2,350	1,690	1,221	1,140	892	1,253	739	1,170	859	766	337	186	691	256
Cashflow From Investing	64.3%	-2,160	-6,054	-5,068	-5,404	-5,310	-9,049	-2,062	-3,595	103,616	-522	-2,016	-1,264	-4,088	-665	-510	-463	5,651	-1,031	-2,965	-	108
Cashflow From Financing	116.6%	26,618	12,286	21,388	17,988	12,309	-375	-204	-261	-109,860	103,113	-83.64	14.00	197,732	74,579	19,815	243	21,790	-	29,679	7,104	2,839

WKHS Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Sales, net of returns and allowances	$ 13,094,752	$ 5,023,072
Cost of sales	38,350,545	37,672,308
Gross loss	(25,255,793)	(32,649,236)
Operating expenses
Selling, general and administrative	55,574,740	73,220,088
Research and development	24,467,933	23,213,540
Total operating expenses	80,042,673	96,433,628
Loss from operations	(105,298,466)	(129,082,864)
Interest expense, net	(8,731,247)	(1,837,882)
Other (loss) income	(10,000,000)	13,646,528
Loss before income taxes	(124,029,713)	(117,274,218)
Benefit from income taxes	(110,524)	0
Net loss	$ (123,919,189)	$ (117,274,218)
Net loss per share of common stock - basic (in usd per share)	$ (0.60)	$ (0.74)
Net loss per share of common stock - diluted (in usd per share)	$ (0.60)	$ (0.74)
Weighted average number of common shares outstanding - basic (in shares)	207,293,249	158,576,305
Weighted average number of common shares outstanding - diluted (in shares)	207,293,249	158,576,305

WKHS Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 25,845,915	$ 99,276,301
Restricted cash	10,000,000	0
Accounts receivable, less allowance for credit losses of $0.2 million and zero at December 31, 2023 and 2022, respectively	4,470,209	2,079,343
Other receivable	0	15,000,000
Inventory, net	45,408,192	8,850,142
Prepaid expenses and other current assets	8,101,162	14,152,481
Total current assets	93,825,478	139,358,267
Property, plant and equipment, net	37,876,955	21,501,095
Investment in Tropos	0	10,000,000
Lease right-of-use assets	9,795,981	11,706,803
Other assets	176,310	176,310
Total Assets	141,674,724	182,742,475
Current liabilities:
Accounts payable	12,456,272	10,235,345
Accrued liabilities and other	4,862,740	46,207,431
Deferred revenue, current	4,714,331	3,375,000
Warranty liability	1,902,647	2,207,674
Current portion of lease liability	3,560,612	1,285,032
Warrant liability	5,605,325	0
Current portion of convertible notes	20,180,100	0
Total current liabilities	53,282,027	63,310,482
Deferred revenue, long-term	0	2,005,000
Lease liability, long-term	5,280,526	8,840,062
Total Liabilities	58,562,553	74,155,544
Commitments and contingencies
Stockholders’ Equity
Series A preferred stock, par value of $0.001 per share, 75,000,000 shares authorized, zero shares issued and outstanding at December 31, 2023 and 2022	0	0
Common stock, par value of $0.001 per share, 450,000,000 and 250,000,000 shares authorized, 285,980,843 and 165,605,355 shares issued and outstanding at December 31, 2023 and 2022, respectively	285,981	165,605
Additional paid-in capital	834,394,441	736,070,388
Accumulated deficit	(751,568,251)	(627,649,062)
Total stockholders' equity	83,112,171	108,586,931
Total Liabilities and Stockholders' Equity	$ 141,674,724	$ 182,742,475

About Workhorse Group Inc

Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, as well as designs and manufactures drone systems. It also provides Metron, a remote data management system that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Sharonville, Ohio.

CEO	Mr. Richard F. Dauch
WEBSITE	workhorse.com
INDUSTRY	Autos
EMPLOYEES	331

Workhorse Group Inc Frequently Asked Questions

What is the ticker symbol for Workhorse Group Inc? What does WKHS stand for in stocks?

WKHS is the stock ticker symbol of Workhorse Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Workhorse Group Inc (WKHS)?

As of Fri Apr 26 2024, market cap of Workhorse Group Inc is 50.37 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WKHS stock?

You can check WKHS's fair value in chart for subscribers.

What is the fair value of WKHS stock?

You can check WKHS's fair value in chart for subscribers. The fair value of Workhorse Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Workhorse Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WKHS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Workhorse Group Inc a good stock to buy?

The fair value guage provides a quick view whether WKHS is over valued or under valued. Whether Workhorse Group Inc is cheap or expensive depends on the assumptions which impact Workhorse Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WKHS.

What is Workhorse Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, WKHS's PE ratio (Price to Earnings) is -0.41 and Price to Sales (PS) ratio is 3.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WKHS PE ratio will change depending on the future growth rate expectations of investors.