The data shows that as of short interest in Workhorse Group Inc. Also important is the data on short interest which shows that short shares stood at 46.82 million on Apr 13, 2023, giving us a short ratio of 10.23. The 1.80% of Workhorse Group Inc.’s shares are in the hands of company insiders while institutional holders own 34.10% of the company’s shares. The company’s latest data on shares outstanding shows there are 162.95 million shares. (NASDAQ:WKHS), historical trading data shows that trading volumes averaged 4.04 million over the past 10 days and 3.85 million over the past 3 months.
Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 1.96% and 1.57% respectively in the last trading. Moreover, PACCAR Inc (PCAR) is also up 0.78% in trading on the day while keeping a an uptrend of 35.53% over the past year. However, the stock is -13.99% off its price a year ago. Looking at another peer, we see that General Motors Company (GM) price has gained 1.55% on the day. (TSLA) has moved 4.19% on the day and only -45.17% in the past 12 months. Data shows WKHS’s intraday price has changed 3.88% in last session and -69.41% over the past year. (WKHS) and its peers suggest the former has performed considerably stronger. In the market, a comparison of Workhorse Group Inc. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category. Turning to the stock’s technical picture we see that short term indicators suggest on average that WKHS is a 100% Sell. Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s).
Wall Street analysts have also projected the company’s year-on-year revenue for 2023 to grow to $89.24 million, representing a 1,676.60% jump on that reported in the last financial year. The average forecast suggests up to a 70,257.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. Per the data, EPS growth is expected to be 21.60% for 2023 and 50.00% for the next financial year.Īnalysts have a consensus estimate of $9.85 million for the company’s revenue for the quarter, with a low and high estimate of $4 million and $17.17 million respectively. Analysts project the company’s earnings per share (EPS) to be -$0.18, which has seen fiscal year 2023 EPS growth forecast to increase to -$0.58 and about -$0.29 for fiscal year 2024. Workhorse Group Inc.’s market cap currently stands at around $161.85 million, with investors looking forward to this quarter’s earnings report slated for – May 12, 2023. To unlock this exclusive list, simply provide your first name, last name, and email for instant access. Unlock the Hottest Top 10 Penny Stocks Today! Discover Nowĭive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending.
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