Publicly-traded company Workhorse Group Inc. (NASDAQ:WKHS) had a closing price of $3.13 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $4.00, this means that the stock is underpriced by 21.75%. In the past 52 weeks the company’s stock price has moved within the range of $0.37 to $5.37.
This particular stock’s 5-day moving average is 2.72, its 20-day moving average is 3.16 and its 100-day moving average is 3.42. Workhorse Group Inc. (WKHS) currently has 61.13M shares outstanding, which means that its market capitalization is $191.34M.
The Details: Workhorse Group Inc. (WKHS) Financial Health
We can also see what the current Return on Assets is for the company, which is a percentage that lets us know how well it is utilizing its net assets to turn a profit. The lower the percentage, the worse the company is making use of its assets. At the moment, Workhorse Group Inc. Return on Assets is -355.20%.
What Does Wall Street Say about Company?
When investors are considering buying a new stock, they often want to know the general Wall Street consensus on the company – by checking out the average analyst rating, for instance. At the moment, the average analyst rating for WKHS is Buy. Out of 1 total analysts who were surveyed, 0 rated it a sell, 0 rated it a underweight, 0 rated it an overweight, 0 rated it hold, and 1 rated it a Buy.
Understanding Profitability at Workhorse Group Inc. (WKHS)
Wall Street analysts, on average, are forecasting the company’s EPS to be -0.10, compared to -0.18 reported in the same quarter last year. When it comes to net revenue, the average estimate from a total of 1 analysts is 60k – compared to 11k posted in the year-ago period.