At that level, WKHS’s share price would be -104.08% below current price. Investors will be thrilled if WKHS’s share price rises to $6.00, which is the median consensus price. The current price is about -2.04% off the estimated low and -274.15% off the forecast high, based on this estimate. With analysts defining $3.00-$11.00 as the low and high price targets, we arrive at a consensus price target of $6.33 for the trailing 12-month period. (NASDAQ:WKHS)’s beta value is currently sitting at 2.81, while the Average True Range indicator is currently displaying 0.26. When measured over the past 30 days, the indicator reaches 8.90%.
The RSI metric on the 14-day chart is currently showing 50.31, and weekly volatility stands at 7.99%. Analysts have rated the stock Overweight, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.Ī quick review shows that WKHS’s price is currently 2.78% off the SMA20 and -4.55% off the SMA50. (WKHS) as Underweight, while 0 advise Sell. 0 analyst(s) have tagged Workhorse Group Inc. Out of them, 3 rate it a Hold, while 4 recommend Buy, whereas 0 assign an Overweight rating. The number of analysts that have assigned WKHS a recommendation rating is 7. Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell. On the technical side, indicators suggest WKHS has a 50% Sell on average for the short term. 1 upward and no downward comments were posted in the last 7 days. The company’s revenue is forecast to drop by -2,881.70% over what it did in 2022.Ī company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Workhorse Group Inc. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2022 is $23.7 million. The average estimate suggests sales will likely down by -75.10% this quarter compared to what was recorded in the comparable quarter last year. It means analysts are expecting annual earnings per share growth of 83.70% this year and 31.40% next year. Analysts have predicted the quarterly earnings per share to grow by -$0.12 per share this quarter, however they have predicted annual earnings per share of -$0. Investors’ optimism about the company’s current quarter earnings report is understandable. Workhorse Group Inc., whose market valuation is $459.49 million at the time of this writing, is expected to release its quarterly earnings report – Mar 04, 2022.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.Ĭlick here for full details and to join for free. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential. He buys up valuable assets when they are very cheap. The world's greatest investor - Warren Buffett - has a simple formula for making big money in the markets.