Is it time to buy workhorse stock?
Apr 11, 2022 · Trump scorned the automaker over the decision — that is, until, in May 2019, GM decided to sell it to a struggling electric truck startup called Workhorse. Is Workhorse a union company? The Times reports that Workhorse and a new affiliate would co-own the plant and use unionized labor. …
Is the Workhorse Group stock down 4 days in a row?
Apr 03, 2022 · 7 equities research analysts have issued 1-year price objectives for Workhorse Group's shares. Their forecasts range from $6.00 to $7.50. On average, they expect Workhorse Group's stock price to reach $6.80 in the next year. This suggests a possible upside of 55.3% from the stock's current price.
How much is a share of workhorse worth?
Jan 21, 2020 · Over the last year, we can see that the biggest insider purchase was by Independent Director H. Samuels for US$800k worth of shares, at about US$0.95 per share. Although we like to see insider ...
What are analysts'target prices for Workhorse Group (WH Group) stock?
On average, Wall Street analysts predict. that WORKHORSE GROUP's share price could reach $12.50 by Mar 2, 2023. The average WORKHORSE GROUP stock price prediction forecasts a potential upside of 193.43% from the current WKHS share price of $4.26.
Should I hold my Workhorse stock?
There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Workhorse Group stock.
Is Workhorse Stock gonna go up?
Struggling electric vehicle (EV) maker Workhorse Group (WKHS) has seen its stock price rise 42% over the last week and today (22 March) is priced at $4.43. Sentiment has turned towards tech stocks with the Nasdaq Composite rising 8% in that time....Workhorse stock news.Long position overnight fee-0.0225%Spread1.912 more rows
Is Workhorse a good buy right now?
Even though Workhorse stock's price looks attractive, it seems best to avoid this stock right now. Irrespective of where the stock's price may move in 2022, the company's fundamentals and long-term prospects don't look very bright as of now.Jan 20, 2022
Is Workhorse stock still a buy?
Wall Street's opinion. Consensus around WHKS stock is currently bullish. The company has a moderate buy rating, based on four analysts forecasting twelve-month price targets of $10.50, on average. At these target levels, WKHS has a whopping 45% upside potential from here.Nov 15, 2021
What will lucid stock be worth in 5 years?
The LCID (“LCID” ) future stock price will be 119.160 USD in 5 years. The long-term earning potential is +7.44% in one year. Retail traders have long been drawn to EV stocks, and several have gone public with a blank-check vehicle known as a SPAC – a move that attracts even more retail traders.Mar 16, 2022
Will workhorse get the USPS contract?
WASHINGTON, Sept 14 (Reuters) - Electric vehicle company Workhorse Group (WKHS. O) voluntarily dismissed on Tuesday its legal challenge against a U.S. Postal Service (USPS) move to award a multibillion-dollar contract to Oshkosh Defense (OSK. N) for delivery vehicles.Sep 15, 2021
Is workhorse overvalued?
Valuation metrics show that Workhorse Group, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of WKHS, demonstrate its potential to underperform the market.
What is happening with workhorse?
Workhorse Group (WKHS) Reports Q4 Loss, Misses Revenue Estimates. Workhorse (WKHS) delivered earnings and revenue surprises of -707.14% and 884.04%, respectively, for the quarter ended December 2021.
How high will Workhorse go?
On average, Wall Street analysts predict that WORKHORSE GROUP's share price could reach $12.50 by Mar 2, 2023. The average WORKHORSE GROUP stock price prediction forecasts a potential upside of 181.53% from the current WKHS share price of $4.44.
Why is Workhorse stock crashing?
Workhorse also said the newly announced testing should be completed in the fourth quarter of 2021. Much of the source of the stock's decline this year came in February when the company lost out on a bid for a 10-year contract with the U.S. Postal Service for new-energy vehicles.Sep 22, 2021
Is Workhorse Group a buy right now?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workhorse Group in the last twelve months. There are currently 3 hold rati...
How has Workhorse Group's stock been impacted by Coronavirus?
Workhorse Group's stock was trading at $2.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organizatio...
When is Workhorse Group's next earnings date?
Workhorse Group is scheduled to release its next quarterly earnings announcement on Monday, May 9th 2022. View our earnings forecast for Workhorse...
How were Workhorse Group's earnings last quarter?
Workhorse Group Inc. (NASDAQ:WKHS) released its earnings results on Tuesday, November, 9th. The company reported ($0.77) EPS for the quarter, missi...
What guidance has Workhorse Group issued on next quarter's earnings?
Workhorse Group issued an update on its FY 2022 earnings guidance on Tuesday, March, 15th. The company provided EPS guidance of for the period. The...
What price target have analysts set for WKHS?
7 equities research analysts have issued 1-year price objectives for Workhorse Group's shares. Their forecasts range from $6.00 to $7.50. On averag...
Who are Workhorse Group's key executives?
Workhorse Group's management team includes the following people: Richard F. Dauch , Chief Executive Officer & Director Robert M. Ginnan , Chief...
What is Steve Burns' approval rating as Workhorse Group's CEO?
1 employees have rated Workhorse Group CEO Steve Burns on Glassdoor.com . Steve Burns has an approval rating of 100% among Workhorse Group's emplo...
Who are some of Workhorse Group's key competitors?
Some companies that are related to Workhorse Group include Brilliance China Automotive (BCAUY) , Federal Signal (FSS) , Proterra (PTRA) , The S...
Is Workhorse Group Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering ( NASDAQ : WKHS ) stock is to Buy WKHS stock. Out of 3 analysts , 1 ( 33.33% ) are re...
What is WKHS's earnings growth forecast for 2022-2024?
( NASDAQ : WKHS ) Workhorse Group 's forecast annual earnings growth rate of N/A is not forecast to beat the US Auto Manufacturers industry...
What is WKHS's revenue growth forecast for 2022-2024?
( NASDAQ : WKHS ) Workhorse Group 's forecast annual revenue growth rate of 513.19% is forecast to beat the US Auto Manufacturers industry's...
What is WKHS's forecast return on assets (ROA) for 2022-2025?
(NASDAQ: WKHS) forecast ROA is 34.55%, which is higher than the forecast US Auto Manufacturers industry average of 22.79%.
What is WKHS's Price Target?
According to 3 Wall Street analyst s that have issued a 1 year WKHS price target, the average WKHS price target is $14.33 , with the highes...
What is WKHS's Earnings Per Share (EPS) forecast for 2022-2024?
(NASDAQ: WKHS) Workhorse Group's current Earnings Per Share (EPS) is $1.28. On average, analysts forecast that WKHS's EPS will be -$0.53 for 2022,...
What is WKHS's forecast return on equity (ROE) for 2022-2025?
(NASDAQ: WKHS) forecast ROE is 83.55%, which is considered strong.
What Is Insider Buying?
It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, most countries require that the company discloses such transactions to the market.
Workhorse Group Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Independent Director H. Samuels for US$800k worth of shares, at about US$0.95 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$3.29.
WKHS earnings per share forecast
What is WKHS 's earnings per share in the next 3 years based on estimates from 4 analysts?
WKHS revenue forecast
What is WKHS 's revenue in the next 3 years based on estimates from 3 analysts?
WKHS earnings growth forecast
How is WKHS forecast to perform vs Auto Manufacturers companies and vs the US market?
WKHS revenue growth forecast
How is WKHS forecast to perform vs Auto Manufacturers companies and vs the US market?
Signals & Forecast
There are mixed signals in the stock today. The Workhorse Group stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Support, Risk & Stop-loss
Workhorse Group finds support from accumulated volume at $8.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Workhorse Group stock A Buy?
Workhorse Group holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Workhorse Group, Inc. (WKHS)
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Style Scorecard
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Chart for WKHS
Workhorse Group Inc. is engaged in designing, developing, manufacturing and selling medium-duty trucks. The Company's products include trucks comprising powertrain and chassis. Powertrain includes E-GEN and AMP E-100. Chassis include W88, W22, W42 and W62.
Why should I sell my stock?
First, buying the stock was a mistake in the first place. Second, the stock price has risen dramatically. Finally , the stock has reached a silly and unsustainable price.
What does it mean when a company cuts costs?
When you see a company cutting costs, it often means that the company is not thriving. The biggest indicator is reducing headcount. The good news for you is that cost-cutting may be seen as a positive, at least initially. This can often lead to stock gains.
Is selling a good sale?
Any sale that results in profit is a good sale, particularly if the reasoning behind it is sound. When a sale results in a loss with an understanding of why that loss occurred, it too may be considered a good sell. Selling is a poor decision only when it is dictated by emotion instead of data and analysis.
Can a stock rise in a short time?
It's very possible that a stock you just bought may rise dramatically in a short period of time. Many of the best investors are the most humble investors. Don't take the fast rise as an affirmation that you are smarter than the overall market. It's in your best interest to sell the stock.
When should you sell a stock: 5 main reasons to cash out
How to know when to sell a stock is the million-dollar question. There are usually only five good reasons to sell a stock besides cashing out for retirement.
When not to sell a stock
If none of the above applies to you, then in most cases, you should hold onto them. Yes, even if your stock dips. There is never an easy way to work out when to sell stocks. Just because your stock has dropped doesn’t mean you should panic-sell. It’s all about context. The next time you see a stock tumble in value, ask yourself:
The best investment you can make
Your financial situation is unique to you. That’s why there’s no one-size-fits-all solution for when you should sell your stocks. It’s your money — and it’s up to you to decide at the end of the day.
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