The company's fundamentals are relatively weak. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite a strong stock market performance, the company shows strong fundamentals and technicals, which don't support the current strong trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
61 / 71
Overall Ranking
450 / 4720
Industry
Automobiles & Auto Parts
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Hold
Current Rating
1.500
Target Price
+31.58%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Workhorse Group Inc. is a technology company focused on providing ground-based electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, the Company designs and builds battery-electric trucks. It also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with its vehicles and enable fleet operators to optimize energy and route efficiency. All of its vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. Its products are marketed under the Workhorse brand. All Workhorse last-mile delivery trucks are assembled at its Union City, Indiana production facility. The Workhorse electric trucks include W4CC, W750, and W56. Its Class 4 vehicles are a zero-emission chassis designed to be sold in either a cab chassis version (W4CC) or a step van version (W750) made to haul various cargo and take on both mid and last-mile routes.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 31.72% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 6.62M.
Overvalued
The company’s latest PE is -0.07, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 259.32K shares, decreasing 40.67% quarter-over-quarter.
Workhorse Group Inc. is a technology company focused on providing ground-based electric vehicles to the last-mile delivery sector. As an American original equipment manufacturer, the Company designs and builds battery-electric trucks. It also develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with its vehicles and enable fleet operators to optimize energy and route efficiency. All of its vehicles are designed to make the movement of people and goods more efficient and less harmful to the environment. Its products are marketed under the Workhorse brand. All Workhorse last-mile delivery trucks are assembled at its Union City, Indiana production facility. The Workhorse electric trucks include W4CC, W750, and W56. Its Class 4 vehicles are a zero-emission chassis designed to be sold in either a cab chassis version (W4CC) or a step van version (W750) made to haul various cargo and take on both mid and last-mile routes.