Q1 EPS Estimates for Workhorse Group Raised by Roth Capital

Workhorse Group Inc. (NASDAQ:WKHS) – Equities research analysts at Roth Capital upped their Q1 2025 earnings estimates for shares of Workhorse Group in a research note issued to investors on Monday, March 31st. Roth Capital analyst C. Irwin now forecasts that the company will earn ($4.00) per share for the quarter, up from their previous forecast of ($5.13). The consensus estimate for Workhorse Group’s current full-year earnings is ($3.80) per share. Roth Capital also issued estimates for Workhorse Group’s Q2 2025 earnings at ($3.98) EPS, Q3 2025 earnings at ($3.84) EPS, Q4 2025 earnings at ($3.74) EPS and FY2025 earnings at ($15.55) EPS.

Separately, StockNews.com assumed coverage on shares of Workhorse Group in a research note on Tuesday, March 18th. They issued a “sell” rating on the stock.

Workhorse Group Stock Up 3.9 %

Shares of NASDAQ WKHS opened at $1.34 on Thursday. The stock’s 50-day simple moving average is $4.61 and its two-hundred day simple moving average is $8.65. Workhorse Group has a twelve month low of $1.25 and a twelve month high of $68.07. The firm has a market capitalization of $4.39 million, a P/E ratio of -0.17 and a beta of 2.99.

Institutional Trading of Workhorse Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in shares of Workhorse Group by 17.4% in the 4th quarter. Geode Capital Management LLC now owns 332,561 shares of the company’s stock worth $232,000 after acquiring an additional 49,291 shares during the last quarter. Swedbank AB boosted its position in Workhorse Group by 46.2% during the fourth quarter. Swedbank AB now owns 95,796 shares of the company’s stock valued at $67,000 after buying an additional 30,294 shares during the period. Virtu Financial LLC bought a new position in shares of Workhorse Group during the third quarter valued at about $51,000. Finally, Jane Street Group LLC lifted its stake in shares of Workhorse Group by 91.6% in the 3rd quarter. Jane Street Group LLC now owns 40,742 shares of the company’s stock valued at $35,000 after acquiring an additional 19,473 shares during the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

Workhorse Group Company Profile

Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc and changed its name to Workhorse Group Inc in April 2015.