Workhorse Group Inc.
General ticker "WKHS" information:
- Sector: Consumer Discretionary
- Industry: Automobiles
- Capitalization: $66.9M (TTM average)
Workhorse Group Inc. does not follow the US Stock Market performance with the rate: -4.0%.
Estimated limits based on current volatility of 5.6%: low 0.80$, high 0.89$
Factors to consider:
- Total employees count: 298 (-10.0%) as of 2023
- Top business risk factors: Going concern, Operational and conduct risks, Unproven business model, Public health crises, Supply chain disruptions
- Current price 78.0% 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [3.87$, 14.86$]
- 2025-12-31 to 2026-12-31 estimated range: [1.95$, 7.70$]
Financial Metrics affecting the WKHS estimates:
- Negative: with PPE of -0.2 at the end of fiscal year the price was high
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -249.54 <= 0.33
- Negative: negative Industry operating cash flow (median)
- Negative: Investing cash flow per share per price, % of -21.31 <= -14.38
- Negative: Inventory ratio change, % of 8.63 > 0.84
- Negative: negative Industry operating income (median)
- Negative: negative Net income
Short-term WKHS quotes
Long-term WKHS plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $5.02MM | $13.09MM | $6.62MM |
| Operating Expenses | $134.11MM | $118.39MM | $80.50MM |
| Operating Income | $-129.08MM | $-105.30MM | $-73.89MM |
| Non-Operating Income | $11.81MM | $-18.73MM | $-28.02MM |
| Interest Expense | $1.84MM | $8.73MM | $22.24MM |
| R&D Expense | $23.21MM | $24.47MM | $9.15MM |
| Income(Loss) | $-117.27MM | $-124.03MM | $-101.91MM |
| Taxes | $0.00MM | $-0.11MM | $-0.12MM |
| Profit(Loss)* | $-117.27MM | $-123.92MM | $-101.79MM |
| Stockholders Equity | $108.59MM | $83.11MM | $44.29MM |
| Inventory | $8.85MM | $45.41MM | $41.84MM |
| Assets | $182.74MM | $141.67MM | $93.84MM |
| Operating Cash Flow | $-93.82MM | $-123.02MM | $-47.59MM |
| Capital expenditure | $17.50MM | $18.69MM | $4.06MM |
| Investing Cash Flow | $-20.02MM | $-18.69MM | $-4.06MM |
| Financing Cash Flow | $11.47MM | $78.28MM | $20.45MM |
| Earnings Per Share** | $-184.89 | $-149.45 | $-51.69 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.