Workhorse Group Inc
General ticker "WKHS" information:
- Sector: Consumer Discretionary
- Industry: Automobiles
- Capitalization: $25.7M
Workhorse Group Inc does not follow the US Stock Market performance with the rate: -39.5%.
Estimated limits based on current volatility of 6.7%: low 0.73$, high 0.84$
Factors to consider:
- Current price 83.7% below estimated low
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [4.92$, 14.79$]
- 2024-12-30 to 2025-12-30 estimated range: [4.80$, 12.87$]
Financial Metrics affecting the WKHS estimates:
- Negative: Non-GAAP EPS, $ of -11.80 <= 0.10
- Negative: Operating profit margin, % of -88.94 <= 1.03
- Negative: Operating cash flow per share per price, % of -60.79 <= 2.35
- Negative: negative Net income
- Negative: Industry inventory ratio change (median), % of 5.38 > 0.49
- Negative: Industry operating cash flow per share per price (median), % of -21.17 <= 3.85
- Negative: Industry earnings per price (median), % of -26.31 <= 1.31
Short-term WKHS quotes
Long-term WKHS plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $5.02MM | $13.09MM |
| Operating Expenses | $185.11MM | $134.11MM | $118.39MM |
| Operating Income | $-185.11MM | $-129.08MM | $-105.30MM |
| Non-Operating Income | $-238.08MM | $11.81MM | $-18.73MM |
| Interest Expense | $6.74MM | $0.33MM | $8.73MM |
| R&D Expense | $11.61MM | $23.21MM | $24.47MM |
| Income(Loss) | $-423.19MM | $-117.27MM | $-124.03MM |
| Taxes | $-21.85MM | $0.00MM | $-0.11MM |
| Profit(Loss) | $-401.34MM | $-117.27MM | $-123.92MM |
| Stockholders Equity | $174.69MM | $108.59MM | $83.11MM |
| Inventory | $10.07MM | $8.85MM | $45.41MM |
| Assets | $228.14MM | $182.74MM | $141.67MM |
| Operating Cash Flow | $-132.58MM | $-93.82MM | $-123.02MM |
| Capital expenditure | $5.31MM | $17.50MM | $18.69MM |
| Investing Cash Flow | $99.81MM | $-20.02MM | $-18.69MM |
| Financing Cash Flow | $-6.82MM | $11.47MM | $78.28MM |
| Earnings Per Share* | $-62.38 | $-13.30 | $-11.96 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.