Workhorse Group Stock Short Ratio
| WKHS Stock | USD 1.06 0.05 4.50% |
Workhorse Group fundamentals help investors to digest information that contributes to Workhorse's financial success or failures. It also enables traders to predict the movement of Workhorse Stock. The fundamental analysis module provides a way to measure Workhorse's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Workhorse stock.
Workhorse | Short Ratio |
Workhorse Group Company Short Ratio Analysis
Workhorse's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Workhorse Short Ratio | 5.00 X |
Most of Workhorse's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Workhorse Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Workhorse Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Workhorse is extremely important. It helps to project a fair market value of Workhorse Stock properly, considering its historical fundamentals such as Short Ratio. Since Workhorse's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Workhorse's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Workhorse's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Workhorse Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Workhorse Group has a Short Ratio of 5.0 times. This is 14.38% lower than that of the Automobile Components sector and 93.05% higher than that of the Consumer Discretionary industry. The short ratio for all United States stocks is 25.0% lower than that of the firm.
Workhorse Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Workhorse's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Workhorse could also be used in its relative valuation, which is a method of valuing Workhorse by comparing valuation metrics of similar companies.Workhorse is currently under evaluation in short ratio category among its peers.
Workhorse Current Valuation Drivers
We derive many important indicators used in calculating different scores of Workhorse from analyzing Workhorse's financial statements. These drivers represent accounts that assess Workhorse's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Workhorse's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 195.5M | 1.8B | 561.0M | 74.6M | 67.2M | 63.8M | |
| Enterprise Value | 210.7M | 2.0B | 385.6M | 77.8M | 70.0M | 66.5M |
Workhorse Institutional Holders
Institutional Holdings refers to the ownership stake in Workhorse that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Workhorse's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Workhorse's value.| Shares | Jane Street Group Llc | 2024-06-30 | 21.3 K | Justinvest Llc | 2024-09-30 | 20.1 K | Qube Research & Technologies | 2024-09-30 | 13.1 K | Tower Research Capital Llc | 2024-09-30 | 12.7 K | Simplex Trading, Llc | 2024-09-30 | 11 K | Commonwealth Equity Services Inc | 2024-09-30 | 10.4 K | Group One Trading, Lp | 2024-09-30 | 7.4 K | Jpmorgan Chase & Co | 2024-09-30 | 5.5 K | Advisor Group Holdings, Inc. | 2024-09-30 | 3.8 K | Vanguard Group Inc | 2024-09-30 | 695.1 K | Geode Capital Management, Llc | 2024-09-30 | 283.3 K |
Workhorse Fundamentals
| Return On Equity | -1.58 | |||
| Return On Asset | -0.44 | |||
| Operating Margin | (24.36) % | |||
| Current Valuation | 62.68 M | |||
| Shares Outstanding | 40.98 M | |||
| Shares Owned By Insiders | 4.08 % | |||
| Shares Owned By Institutions | 21.41 % | |||
| Number Of Shares Shorted | 6.47 M | |||
| Price To Earning | 2.99 X | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 4.73 X | |||
| Revenue | 13.09 M | |||
| Gross Profit | (32.65 M) | |||
| EBITDA | (111.24 M) | |||
| Net Income | (123.92 M) | |||
| Cash And Equivalents | 140.06 M | |||
| Cash Per Share | 0.86 X | |||
| Total Debt | 29.02 M | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 9.30 X | |||
| Book Value Per Share | 5.81 X | |||
| Cash Flow From Operations | (123.02 M) | |||
| Short Ratio | 5.00 X | |||
| Earnings Per Share | (7.77) X | |||
| Target Price | 1.13 | |||
| Number Of Employees | 298 | |||
| Beta | 2.55 | |||
| Market Capitalization | 45.49 M | |||
| Total Asset | 141.67 M | |||
| Retained Earnings | (751.57 M) | |||
| Working Capital | 40.54 M | |||
| Current Asset | 10.91 M | |||
| Current Liabilities | 18.42 M | |||
| Net Asset | 141.67 M |
About Workhorse Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Workhorse Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Workhorse using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Workhorse Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Workhorse Stock Analysis
When running Workhorse's price analysis, check to measure Workhorse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.