Workhorse Group Inc. (WKHS)
Overview:
- Address: 3600 Park 42 Drive, Suite 160E, Sharonville, OH 45241, United States
- Phone: 888 646 5205
- Website: https://www.workhorse.com
- Industry: Auto Manufacturers
- Sector: Consumer Cyclical
Workhorse Group Inc. is a technology company that designs, manufactures, and sells zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. Founded in 2007, Workhorse Group Inc. is headquartered in Sharonville, Ohio.
Financial Summary:
- Market Cap: $67,355,392
- Previous Close: $0.21
- Open: $0.21
- Day Range: $0.205 – $0.22
- 52-Week Range: $0.201 – $1.39
- Volume: 21,618,571
- Average Volume: 8,539,109
- P/E Ratio: -1.03
- P/S Ratio: 5.14
- Beta: 2.50
Key Executives:
- President, CEO & Director: Mr. Richard F. Dauch (Age: 62)
- Chief Financial Officer: Mr. Robert M. Ginnan (Age: 59)
- Chief Administrative Officer, General Counsel & Secretary: Mr. James D. Harrington (Age: 62)
- Chief Technology Officer: Mr. Joshua Joseph Anderson (Age: 47)
- Chief Information Officer: Mr. Jeff Mowry
- Vice President of Corporate Development & Communications: Mr. Stan March (Age: 64)
- Chief Human Resources Officer: Ms. Kerry K. Roraff (Age: 47)
- President of Aerospace: Mr. John W. Graber (Age: 66)
- President of Commercial Vehicles: Mr. Ryan Wesley Gaul (Age: 47)
- Vice President of Supply Chain Management: Mr. James C. Peters (Age: 62)
Financial Analysis:
- Revenue Growth: 27.8%
- Gross Margins: -1.93%
- EBITDA Margins: 0.0%
- Operating Margins: -7.78%
- Profit Margins: 0.0%
- Return on Assets: -40.23%
- Return on Equity: -129.29%
- Debt to Equity: 34.92%
Stock Price Analysis:
- 50-Day Moving Average: $0.28
- 200-Day Moving Average: $0.55
- 52-Week Change: -83.2%
- Target High Price: $1.00
- Target Low Price: $0.30
- Recommendation: Hold
- Number of Analyst Opinions: 4
Competitive Analysis:
- Market Cap: $67,355,392 (Workhorse Group Inc.)
- Market Cap: $2,666,811,086 (General Motors Company)
- Market Cap: $502,480,532 (Nikola Corporation)
- Market Cap: $48,580,296,860 (Tesla, Inc.)
Conclusion:
Workhorse Group Inc. is a technology company specializing in zero-emission commercial vehicles. The company has experienced significant revenue growth but has struggled with profitability. The stock price has seen a significant decline over the past year. Analysts have a mixed opinion on the stock, with a hold recommendation. Workhorse Group Inc. faces competition from established players in the auto industry, such as General Motors and Tesla, as well as emerging companies like Nikola Corporation.
