Workhorse Group Inc. (NASDAQ:WKHS – Free Report) – Equities researchers at Roth Capital issued their Q1 2025 EPS estimates for shares of Workhorse Group in a research report issued to clients and investors on Friday, November 22nd. Roth Capital analyst C. Irwin anticipates that the company will post earnings of ($0.41) per share for the quarter. The consensus estimate for Workhorse Group’s current full-year earnings is ($4.65) per share. Roth Capital also issued estimates for Workhorse Group’s Q2 2025 earnings at ($0.41) EPS, Q3 2025 earnings at ($0.42) EPS and Q4 2025 earnings at ($0.41) EPS.
Several other research analysts have also commented on the company. StockNews.com raised Workhorse Group to a “sell” rating in a research report on Tuesday. TD Cowen boosted their target price on shares of Workhorse Group from $0.25 to $1.25 and gave the stock a “hold” rating in a report on Wednesday, November 20th.
Workhorse Group Stock Down 7.0 %
Shares of NASDAQ:WKHS opened at $1.07 on Monday. The company has a market capitalization of $26.07 million, a price-to-earnings ratio of -0.13 and a beta of 2.55. The firm has a 50 day moving average of $0.88 and a 200 day moving average of $1.62. Workhorse Group has a 52 week low of $0.57 and a 52 week high of $8.78.
Hedge Funds Weigh In On Workhorse Group
A number of large investors have recently made changes to their positions in the business. Jane Street Group LLC boosted its position in shares of Workhorse Group by 91.6% in the 3rd quarter. Jane Street Group LLC now owns 40,742 shares of the company’s stock worth $35,000 after purchasing an additional 19,473 shares in the last quarter. Virtu Financial LLC acquired a new stake in Workhorse Group in the third quarter worth about $51,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Workhorse Group during the second quarter worth about $55,000. Sei Investments Co. purchased a new stake in shares of Workhorse Group during the second quarter worth about $69,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Workhorse Group by 83.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 330,457 shares of the company’s stock valued at $78,000 after purchasing an additional 149,960 shares during the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.
Workhorse Group Company Profile
Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc and changed its name to Workhorse Group Inc in April 2015.
Further Reading
- Five stocks we like better than Workhorse Group
- Comparing and Trading High PE Ratio Stocks
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- What is a Death Cross in Stocks?
- Why Amazon Shares May Never Trade Below $200 Again
Receive News & Ratings for Workhorse Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workhorse Group and related companies with MarketBeat.com's FREE daily email newsletter.