Workhorse Group (NASDAQ:WKHS – Get Rating) and Rivian Automotive (NASDAQ:RIVN – Get Rating) are both auto/tires/trucks companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, risk, valuation, earnings, analyst recommendations, profitability and dividends.
Valuation and Earnings
This table compares Workhorse Group and Rivian Automotive’s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Workhorse Group | $1.39 million | 350.55 | -$401.35 million | ($2.40) | -1.24 |
Rivian Automotive | $55.00 million | 0.00 | -$4.69 billion | N/A | N/A |
Institutional & Insider Ownership
33.8% of Workhorse Group shares are owned by institutional investors. Comparatively, 78.7% of Rivian Automotive shares are owned by institutional investors. 4.1% of Workhorse Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Analyst Ratings
This is a summary of current ratings and target prices for Workhorse Group and Rivian Automotive, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Workhorse Group | 0 | 3 | 4 | 0 | 2.57 |
Rivian Automotive | 0 | 6 | 12 | 0 | 2.67 |
Workhorse Group currently has a consensus price target of $5.90, indicating a potential upside of 97.99%. Rivian Automotive has a consensus price target of 73.31, indicating a potential upside of ∞. Given Rivian Automotive’s stronger consensus rating and higher probable upside, analysts clearly believe Rivian Automotive is more favorable than Workhorse Group.
Profitability
This table compares Workhorse Group and Rivian Automotive’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Workhorse Group | N/A | -174.41% | -99.07% |
Rivian Automotive | N/A | N/A | N/A |
Summary
Rivian Automotive beats Workhorse Group on 7 of the 9 factors compared between the two stocks.
About Workhorse Group (Get Rating)
Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. 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.
About Rivian Automotive (Get Rating)
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.
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