Let’s Get Started On The Workhorse Group Inc (NASDAQ: WKHS) Stock Forecast.

In the last trading session, 11.99 million shares of the Workhorse Group Inc (NASDAQ:WKHS) were traded, and its beta was 2.54. Most recently the company’s share price was $0.16, and it changed around $0.01 or 5.84% from the last close, which brings the market valuation of the company to $50.78M. WKHS currently trades at a discount to its 52-week high of $1.36, offering almost -750.0% off that amount. The share price’s 52-week low was $0.15, which indicates that the current value has risen by an impressive 6.25% since then. We note from Workhorse Group Inc’s average daily trading volume that its 3-month average coming to 11.24 million.

Workhorse Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 3.40. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended WKHS as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Workhorse Group Inc is expected to report earnings per share of $WINCHESTER HLDG GROUP for the current quarter.

Workhorse Group Inc (NASDAQ:WKHS) trade information

Instantly WKHS has showed a green trend with a performance of 5.84% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -55.19% year-to-date, but still down -17.24% over the last five days. On the other hand, Workhorse Group Inc (NASDAQ:WKHS) is -31.36% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 92.0% from its current value. Analyst projections state that WKHS is forecast to be at a low of $0.5 and a high of $3.5.

Workhorse Group Inc (WKHS) estimates and forecasts

Workhorse Group Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -64.86 percent over the past six months and at a 50.00% annual growth rate that is well above the industry average of 12.80%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.17%.

WKHS Dividends

Workhorse Group Inc’s next quarterly earnings report is expected to be released in May.