Workhorse Group (NASDAQ: WKHS) is one of 33 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it compare to its competitors? We will compare Workhorse Group to similar businesses based on the strength of its earnings, risk, institutional ownership, analyst recommendations, profitability, dividends and valuation.
Risk and Volatility
Workhorse Group has a beta of -0.48, indicating that its share price is 148% less volatile than the S&P 500. Comparatively, Workhorse Group’s competitors have a beta of 0.98, indicating that their average share price is 2% less volatile than the S&P 500.
This table compares Workhorse Group and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Workhorse Group Competitors||-12.99%||-53.51%||-5.15%|
Insider & Institutional Ownership
8.0% of Workhorse Group shares are held by institutional investors. Comparatively, 58.3% of shares of all “Motor vehicles & car bodies” companies are held by institutional investors. 9.4% of Workhorse Group shares are held by company insiders. Comparatively, 9.7% of shares of all “Motor vehicles & car bodies” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Workhorse Group and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Workhorse Group||$10.85 million||-$41.21 million||-1.04|
|Workhorse Group Competitors||$62.45 billion||$3.07 billion||14.15|
Workhorse Group’s competitors have higher revenue and earnings than Workhorse Group. Workhorse Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of current ratings and price targets for Workhorse Group and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Workhorse Group Competitors||532||1440||1752||114||2.38|
Workhorse Group currently has a consensus price target of $4.67, indicating a potential upside of 312.98%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 14.62%. Given Workhorse Group’s stronger consensus rating and higher probable upside, analysts clearly believe Workhorse Group is more favorable than its competitors.
Workhorse Group competitors beat Workhorse Group on 9 of the 12 factors compared.
About Workhorse Group
Workhorse Group Inc. designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring system that enables fleet operators to optimize energy and route efficiency. Its products include electric cargo vans, and medium and light-duty pickup trucks, as well as HorseFly delivery drones and truck systems. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
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