Workhorse Group (WKHS) & Its Competitors Critical Review

Workhorse Group (NASDAQ: WKHS) is one of 34 public companies in the “Motor vehicles & car bodies” industry, but how does it compare to its competitors? We will compare Workhorse Group to related businesses based on the strength of its dividends, analyst recommendations, earnings, institutional ownership, profitability, risk and valuation.

Analyst Recommendations

This is a summary of current ratings and target prices for Workhorse Group and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Workhorse Group 0 0 3 0 3.00
Workhorse Group Competitors 540 1448 1756 114 2.37

Workhorse Group currently has a consensus price target of $4.67, suggesting a potential upside of 320.42%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 11.15%. Given Workhorse Group’s stronger consensus rating and higher probable upside, research analysts clearly believe Workhorse Group is more favorable than its competitors.

Institutional and Insider Ownership

8.0% of Workhorse Group shares are owned by institutional investors. Comparatively, 58.9% of shares of all “Motor vehicles & car bodies” companies are owned by institutional investors. 9.4% of Workhorse Group shares are owned by company insiders. Comparatively, 9.3% of shares of all “Motor vehicles & car bodies” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Risk & Volatility

Workhorse Group has a beta of -0.48, indicating that its share price is 148% less volatile than the S&P 500. Comparatively, Workhorse Group’s competitors have a beta of 0.98, indicating that their average share price is 2% less volatile than the S&P 500.

Valuation & Earnings

This table compares Workhorse Group and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Workhorse Group $10.85 million -$41.21 million -1.02
Workhorse Group Competitors $62.45 billion $3.07 billion 14.01

Workhorse Group’s competitors have higher revenue and earnings than Workhorse Group. Workhorse Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Workhorse Group and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Workhorse Group -403.52% -1,564.64% -234.42%
Workhorse Group Competitors -12.99% -53.63% -5.19%

Summary

Workhorse Group competitors beat Workhorse Group on 9 of the 13 factors compared.

Workhorse Group Company Profile

Workhorse Group Inc. designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring system that enables fleet operators to optimize energy and route efficiency. Its products include electric cargo vans, and medium and light-duty pickup trucks, as well as HorseFly delivery drones and truck systems. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.

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