Workhorse Group (NASDAQ:WKHS – Get Free Report) and ChargePoint (NYSE:CHPT – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations.
Institutional & Insider Ownership
16.0% of Workhorse Group shares are owned by institutional investors. Comparatively, 37.8% of ChargePoint shares are owned by institutional investors. 1.9% of Workhorse Group shares are owned by insiders. Comparatively, 3.5% of ChargePoint shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Profitability
This table compares Workhorse Group and ChargePoint’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Workhorse Group | -760.65% | -210.72% | -74.67% |
ChargePoint | -66.76% | -163.56% | -22.86% |
Earnings and Valuation
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Workhorse Group | $6.62 million | 2.58 | -$101.79 million | ($99.75) | -0.01 |
ChargePoint | $417.08 million | 0.64 | -$277.07 million | ($11.65) | -0.97 |
Workhorse Group has higher earnings, but lower revenue than ChargePoint. ChargePoint is trading at a lower price-to-earnings ratio than Workhorse Group, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a summary of recent ratings and recommmendations for Workhorse Group and ChargePoint, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Workhorse Group | 0 | 1 | 0 | 0 | 2.00 |
ChargePoint | 2 | 7 | 1 | 0 | 1.90 |
Workhorse Group currently has a consensus target price of $15.63, indicating a potential upside of 1,307.66%. ChargePoint has a consensus target price of $13.56, indicating a potential upside of 19.48%. Given Workhorse Group’s stronger consensus rating and higher probable upside, analysts clearly believe Workhorse Group is more favorable than ChargePoint.
Volatility and Risk
Workhorse Group has a beta of 2.79, suggesting that its share price is 179% more volatile than the S&P 500. Comparatively, ChargePoint has a beta of 2.56, suggesting that its share price is 156% more volatile than the S&P 500.
Summary
ChargePoint beats Workhorse Group on 8 of the 14 factors compared between the two stocks.
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. Workhorse Group Inc. was founded in 2007 and is headquartered in Sharonville, Ohio.
About ChargePoint
ChargePoint Holdings, Inc., together with its subsidiaries, provides electric vehicle (EV) charging networks and charging solutions in the North America and Europe. The company serves commercial, such as retail, workplace, hospitality, parking, recreation, municipal, education, and highway fast charge; fleet, which include delivery, take home, logistics, motor pool, transit, and shared mobility; and residential including single family homes and multi-family apartments and condominiums customers. ChargePoint Holdings, Inc. was founded in 2007 and is headquartered in Campbell, California.
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