Workhorse Group Stock Buy Hold or Sell Recommendation
| WKHS Stock | USD 1.15 0.05 4.55% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Workhorse Group is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Workhorse Group given historical horizon and risk tolerance towards Workhorse. When Macroaxis issues a 'buy' or 'sell' recommendation for Workhorse Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Workhorse Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Workhorse and provide practical buy, sell, or hold advice based on investors' constraints. Workhorse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Workhorse |
Execute Workhorse Buy or Sell Advice
The Workhorse recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Workhorse Group. Macroaxis does not own or have any residual interests in Workhorse Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Workhorse's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Workhorse Trading Alerts and Improvement Suggestions
| Workhorse Group is way too risky over 90 days horizon | |
| Workhorse Group may become a speculative penny stock | |
| Workhorse Group appears to be risky and price may revert if volatility continues | |
| Workhorse Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 13.09 M. Net Loss for the year was (123.92 M) with loss before overhead, payroll, taxes, and interest of (32.65 M). | |
| Workhorse Group currently holds about 140.06 M in cash with (123.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86. | |
| Workhorse Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from thefly.com: Workhorse Group price target lowered by 25c at Roth MKM, heres why WKHS |
Workhorse Returns Distribution Density
The distribution of Workhorse's historical returns is an attempt to chart the uncertainty of Workhorse's future price movements. The chart of the probability distribution of Workhorse daily returns describes the distribution of returns around its average expected value. We use Workhorse Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Workhorse returns is essential to provide solid investment advice for Workhorse.
| Mean Return | 0.94 | Value At Risk | -9.3 | Potential Upside | 17.11 | Standard Deviation | 10.04 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Workhorse historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Workhorse Stock Institutional Investors
The Workhorse's institutional investors refer to entities that pool money to purchase Workhorse's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Scientech Research Llc | 2024-09-30 | 31.8 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 28.8 K | Northern Trust Corp | 2024-09-30 | 27.3 K | Jane Street Group Llc | 2024-06-30 | 21.3 K | Group One Trading, Lp | 2024-06-30 | 16.6 K | Bank Of America Corp | 2024-06-30 | 11.2 K | Allspring Global Investments Holdings, Llc | 2024-06-30 | 7.1 K | Tower Research Capital Llc | 2024-06-30 | 6.1 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 5.4 K | Vanguard Group Inc | 2024-09-30 | 695.1 K | Qube Research & Technologies | 2024-06-30 | 284.7 K |
Workhorse Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 23.4M | 216.4M | (39.6M) | (102.4M) | (63.4M) | (60.3M) | |
| Free Cash Flow | (38.9M) | (76.0M) | (137.9M) | (111.3M) | (141.7M) | (134.6M) | |
| Capital Expenditures | 2.0M | 5.7M | 5.3M | 17.5M | 18.7M | 19.6M | |
| Net Income | (37.2M) | 69.8M | (401.3M) | (117.3M) | (123.9M) | (117.7M) | |
| End Period Cash Flow | 24.9M | 241.2M | 201.6M | 99.3M | 35.8M | 45.3M | |
| Depreciation | 388.4K | 809.6K | 1.9M | 1.9M | 4.1M | 4.3M | |
| Other Non Cash Items | (6.8M) | 175.4M | 337.2M | 21.6M | 26.7M | 41.4M | |
| Change To Inventory | 41.0K | (13.7M) | (69.6M) | (16.6M) | (39.3M) | (37.3M) | |
| Change Receivables | 76.2K | (962.0K) | 982.4K | (16.9M) | (15.2M) | (14.5M) | |
| Net Borrowings | 4.7M | 1.4M | 29.0M | 263.8M | 303.4M | 318.5M | |
| Change To Netincome | 14.4M | (280.3M) | 342.1M | 30.2M | 34.7M | 36.4M | |
| Investments | 1.7M | (5.7M) | 105.1M | (5M) | (21.8M) | (20.7M) |
Workhorse Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Workhorse or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Workhorse's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Workhorse stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | 3.90 | |
σ | Overall volatility | 10.19 | |
Ir | Information ratio | 0.08 |
Workhorse Volatility Alert
Workhorse Group is displaying above-average volatility over the selected time horizon. Workhorse Group is a potential penny stock. Although Workhorse may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Workhorse Group. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Workhorse instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Workhorse Fundamentals Vs Peers
Comparing Workhorse's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Workhorse's direct or indirect competition across all of the common fundamentals between Workhorse and the related equities. This way, we can detect undervalued stocks with similar characteristics as Workhorse or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Workhorse's fundamental indicators could also be used in its relative valuation, which is a method of valuing Workhorse by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Workhorse to competition |
| Fundamentals | Workhorse | Peer Average |
| Return On Equity | -1.58 | -0.31 |
| Return On Asset | -0.44 | -0.14 |
| Operating Margin | (24.36) % | (5.51) % |
| Current Valuation | 44.39 M | 16.62 B |
| Shares Outstanding | 24.36 M | 571.82 M |
| Shares Owned By Insiders | 4.08 % | 10.09 % |
| Shares Owned By Institutions | 21.41 % | 39.21 % |
| Number Of Shares Shorted | 5.98 M | 4.71 M |
| Price To Earning | 2.99 X | 28.72 X |
| Price To Book | 0.57 X | 9.51 X |
| Price To Sales | 2.79 X | 11.42 X |
| Revenue | 13.09 M | 9.43 B |
| Gross Profit | (32.65 M) | 27.38 B |
| EBITDA | (111.24 M) | 3.9 B |
| Net Income | (123.92 M) | 570.98 M |
| Cash And Equivalents | 140.06 M | 2.7 B |
| Cash Per Share | 0.86 X | 5.01 X |
| Total Debt | 29.02 M | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 9.30 X | 2.16 X |
| Book Value Per Share | 5.81 X | 1.93 K |
| Cash Flow From Operations | (123.02 M) | 971.22 M |
| Short Ratio | 5.00 X | 4.00 X |
| Earnings Per Share | (7.77) X | 3.12 X |
| Target Price | 4.08 | |
| Number Of Employees | 298 | 18.84 K |
| Beta | 2.55 | -0.15 |
| Market Capitalization | 26.8 M | 19.03 B |
| Total Asset | 141.67 M | 29.47 B |
| Retained Earnings | (751.57 M) | 9.33 B |
| Working Capital | 40.54 M | 1.48 B |
| Current Asset | 10.91 M | 9.34 B |
| Current Liabilities | 18.42 M | 7.9 B |
Note: Acquisition by Stan March of 473186 shares of Workhorse at 0.317 subject to Rule 16b-3 [view details]
Workhorse Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Workhorse . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Workhorse Buy or Sell Advice
When is the right time to buy or sell Workhorse Group? Buying financial instruments such as Workhorse Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Workhorse in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cash Cows Theme or any other thematic opportunities.
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Additional Tools for Workhorse Stock Analysis
When running Workhorse's price analysis, check to measure Workhorse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.