Electrameccanica Vehicles (NASDAQ:SOLO) and Workhorse Group (NASDAQ:WKHS) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, earnings, profitability, valuation, analyst recommendations and institutional ownership.
Volatility and Risk
Electrameccanica Vehicles has a beta of 1.53, suggesting that its share price is 53% more volatile than the S&P 500. Comparatively, Workhorse Group has a beta of 1.48, suggesting that its share price is 48% more volatile than the S&P 500.
Insider and Institutional Ownership
1.2% of Electrameccanica Vehicles shares are owned by institutional investors. Comparatively, 19.3% of Workhorse Group shares are owned by institutional investors. 4.6% of Workhorse Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
This is a breakdown of recent ratings and target prices for Electrameccanica Vehicles and Workhorse Group, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Electrameccanica Vehicles currently has a consensus price target of $5.67, suggesting a potential upside of 206.31%. Given Electrameccanica Vehicles’ higher probable upside, equities analysts plainly believe Electrameccanica Vehicles is more favorable than Workhorse Group.
This table compares Electrameccanica Vehicles and Workhorse Group’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation & Earnings
This table compares Electrameccanica Vehicles and Workhorse Group’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Electrameccanica Vehicles||$600,000.00||114.23||-$7.74 million||($0.39)||-4.74|
|Workhorse Group||$760,000.00||273.62||-$36.50 million||N/A||N/A|
Electrameccanica Vehicles has higher earnings, but lower revenue than Workhorse Group.
Electrameccanica Vehicles beats Workhorse Group on 6 of the 11 factors compared between the two stocks.
Electrameccanica Vehicles Company Profile
Electrameccanica Vehicles Corp., a development-stage company, plans, develops, manufactures, and sells single person electric vehicles under the SOLO name for mass markets. It operates in two segments, Electric Vehicles and Custom Build Vehicles. The company also develops and manufactures high end custom built vehicles. The company sells its vehicles online through electrameccanica.com Website. Electrameccanica Vehicles Corp. was founded in 2015 and is headquartered in Vancouver, Canada.
Workhorse Group Company Profile
Workhorse Group Inc. designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. Its products include electric cargo vans, and medium and light-duty pickup trucks, as well as HorseFly delivery drones and truck systems. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
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