Even though Workhorse stock’s price looks attractive, it seems best to avoid this stock right now. Irrespective of where the stock’s price may move in 2022, the company’s fundamentals and long-term prospects don’t look very bright as of now.
Similarly, What’s happening with Workhorse?
Workhorse Group (WKHS) Reports Q4 Loss, Misses Revenue Estimates. Workhorse (WKHS) delivered earnings and revenue surprises of -707.14% and 884.04%, respectively, for the quarter ended December 2021.
Will Workhorse stock go up? Struggling electric vehicle (EV) maker Workhorse Group (WKHS) has seen its stock price rise 42% over the last week and today (22 March) is priced at $4.43. Sentiment has turned towards tech stocks with the Nasdaq Composite rising 8% in that time.
…
Workhorse stock news.
| Long position overnight fee | -0.0225% |
|---|---|
| Spread | 1.49 |
Thereof, Will Workhorse win USPS contract?
WASHINGTON, Sept 14 (Reuters) – Electric vehicle company Workhorse Group (WKHS. O) voluntarily dismissed on Tuesday its legal challenge against a U.S. Postal Service (USPS) move to award a multibillion-dollar contract to Oshkosh Defense (OSK. N) for delivery vehicles.
How high will Workhorse go?
On average, Wall Street analysts predict that WORKHORSE GROUP’s share price could reach $12.50 by Mar 2, 2023. The average WORKHORSE GROUP stock price prediction forecasts a potential upside of 181.53% from the current WKHS share price of $4.44.
Is workhorse a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is workhorse stock a buy or sell?
Workhorse Group has received a consensus rating of Buy. The company’s average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
How high does IDEX go?
IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. In 2021 its stock price ranged from 88 cents to $5.53. In an interview with Capital.com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”.
What is workhorse target price?
Average Price Target
Based on 6 Wall Street analysts offering 12 month price targets for Workhorse Group in the last 3 months. The average price target is $6.75 with a high forecast of $11.00 and a low forecast of $5.00.
Is WKHS undervalued?
Is Workhorse Group Inc Stock Undervalued? The current Workhorse Group Inc [WKHS] share price is $3.75. The Score for WKHS is 21, which is 58% below its historic median score of 50, and infers higher risk than normal. WKHS is currently trading in the 20-30% percentile range relative to its historical Stock Score levels.
Is WKHS a good company?
A rating of 87 puts Workhorse Group Inc (WKHS) near the top of the Auto Manufacturers industry according to InvestorsObserver. Workhorse Group Inc’s score of 87 means it scores higher than 87% of stocks in the industry. Workhorse Group Inc also received an overall rating of 55, putting it above 55% of all stocks.
Is Solo a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is Ideanomics a Chinese company?
IDEX Stock and the Chinese EV Business
But it’s important to remember what Ideanomics’ Chinese EV business is at the moment. It’s a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process.
Is it good to buy IDEX stock?
Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.
Is IDEX undervalued?
PB vs Industry: IEX is overvalued based on its PB Ratio (5.3x) compared to the US Machinery industry average (2.4x).
What is the price target for NIO?
Stock Price Targets
| High | $552.16 |
|---|---|
| Median | $210.08 |
| Low | $153.62 |
| Average | $245.40 |
| Current Price | $20.42 |
Who owns WKHS stock?
Top 10 Owners of Workhorse Group Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| BlackRock Fund Advisors | 4.96% | 7,519,545 |
| The Vanguard Group, Inc. | 4.24% | 6,426,111 |
| First Trust Advisors LP | 3.41% | 5,172,243 |
| Invesco Capital Management LLC | 2.72% | 4,120,776 |
Should you buy WKHS stock?
Wall Street’s opinion. Consensus around WHKS stock is currently bullish. The company has a moderate buy rating, based on four analysts forecasting twelve-month price targets of $10.50, on average. At these target levels, WKHS has a whopping 45% upside potential from here.
Is NIO a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is IDEX a good stock to buy?
Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.
Is Solo a Chinese company?
(NASDAQ: SOLO) is a Canadian designer and manufacturer of electric vehicles. The company’s flagship vehicle is the innovative purpose built, single-seat electric vehicle called the SOLO.
What companies does Ideanomics own?
Ideanomics, Inc.
It is made up of 5 subsidiaries including: VIA Motors, Solectrac, Treeletrik, Wave, and US Hybrid. The company provides turn-key vehicle, finance, leasing, and energy management services for commercial fleet operators.
Who is Ideanomics partnered with?
Ideanomics (NASDAQ: IDEX) (« Ideanomics » or the « Company ») has today announced a strategic partnership with Linghao Zhitong 3000, the leading SaaS platform for shipping and logistics management in…
Is IDEX a buy or sell?
IDEX has received a consensus rating of Buy. The company’s average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Is IDEX a buy Zacks?
The company, with a $14.9-billion market capitalization, currently carries a Zacks Rank #2 (Buy). It is poised to benefit from a diversified business structure, strengthening end markets and buyouts in the quarters ahead.
Is Ideanomics a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry .
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Join TheMoney.co community and don’t forget to share this post !
