Worksport Ltd's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 94/156 in the Professional & Commercial Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 9.67.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Worksport Ltd's Score
Industry at a Glance
Industry Ranking
94 / 156
Overall Ranking
252 / 4582
Industry
Professional & Commercial Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
3
analysts
Buy
Current Rating
9.667
Target Price
+235.65%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Worksport Ltd Highlights
StrengthsRisks
Worksport Ltd., through its subsidiaries, designs, develops, and manufactures products for various markets, including automotive accessories, consumer electronics, and both residential and commercial heating, ventilation, and air conditioning system markets. The Company protects its products through an intellectual property portfolio with patents and trademarks relating to tonneau covers, solar integrated tonneau covers, portable power stations, NP (non-parasitic) hydrogen-based green energy systems, residential heating and cooling systems (heat pumps), and electric vehicle-charging stations. Its soft tonneau cover offering consists of vinyl wrapped tri- and quad-fold tonneau covers. The soft tonneau cover line includes The Worksport SC3, The Worksport SC3 PRO, The Worksport SC4, and The Worksport SC4 PRO. Its hard tonneau cover line includes The Worksport AL3 and The Worksport AL4. Its hard-folding cover, designed and manufactured in-house, is compatible with all major truck models.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 7182.60% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 8.48M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 8.48M.
Overvalued
The company’s latest PE is -0.04, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 464.50K shares, decreasing 39.70% quarter-over-quarter.
Worksport Ltd., through its subsidiaries, designs, develops, and manufactures products for various markets, including automotive accessories, consumer electronics, and both residential and commercial heating, ventilation, and air conditioning system markets. The Company protects its products through an intellectual property portfolio with patents and trademarks relating to tonneau covers, solar integrated tonneau covers, portable power stations, NP (non-parasitic) hydrogen-based green energy systems, residential heating and cooling systems (heat pumps), and electric vehicle-charging stations. Its soft tonneau cover offering consists of vinyl wrapped tri- and quad-fold tonneau covers. The soft tonneau cover line includes The Worksport SC3, The Worksport SC3 PRO, The Worksport SC4, and The Worksport SC4 PRO. Its hard tonneau cover line includes The Worksport AL3 and The Worksport AL4. Its hard-folding cover, designed and manufactured in-house, is compatible with all major truck models.
Ticker SymbolWKSP
CompanyWorksport Ltd
CEORossi (Steven F)
Websitehttps://worksport.com/
FAQs
What is the current price of Worksport Ltd (WKSP)?
The current price of Worksport Ltd (WKSP) is 2.310.
What is the symbol of Worksport Ltd?
The ticker symbol of Worksport Ltd is WKSP.
What is the 52-week high of Worksport Ltd?
The 52-week high of Worksport Ltd is 12.000.
What is the 52-week low of Worksport Ltd?
The 52-week low of Worksport Ltd is 1.920.
What is the market capitalization of Worksport Ltd?
The market capitalization of Worksport Ltd is 17.53M.
What is the net income of Worksport Ltd?
The net income of Worksport Ltd is -16.16M.
Is Worksport Ltd (WKSP) currently rated as Buy, Hold, or Sell?
According to analysts, Worksport Ltd (WKSP) has an overall rating of Buy, with a price target of 9.667.
What is the Earnings Per Share (EPS TTM) of Worksport Ltd (WKSP)?
The Earnings Per Share (EPS TTM) of Worksport Ltd (WKSP) is -56.196.