Q1 EPS Estimates for Workhorse Group Boosted by Roth Capital

Workhorse Group Inc. (NASDAQ:WKHS) – Investment analysts at Roth Capital lifted their Q1 2025 earnings estimates for Workhorse Group in a research report issued to clients and investors on Monday, March 31st. Roth Capital analyst C. Irwin now expects that the company will post earnings per share of ($4.00) for the quarter, up from their prior estimate 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 initiated coverage on Workhorse Group in a research report on Tuesday, March 18th. They set a “sell” rating on the stock.

Workhorse Group Price Performance

Shares of Workhorse Group stock opened at $1.29 on Thursday. Workhorse Group has a 1-year low of $1.28 and a 1-year high of $68.07. The company’s fifty day simple moving average is $4.73 and its 200-day simple moving average is $8.70. The stock has a market capitalization of $4.23 million, a PE ratio of -0.16 and a beta of 2.99.

Institutional Investors Weigh In On Workhorse Group

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

About Workhorse Group

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.