Workhorse Group Inc. is a technology company, which is focused on providing solutions to the commercial transportation sector. The Company is engaged in the manufacturing electric delivery trucks and drone systems. Its product includes C-series electric delivery truck and package delivery aircraft, HorseFly.
Is workhorse group a good stock to buy?
Also, its 161.69 forward EV/Sales multiple compares with the 1.55 industry average. And WKHS' 7.90x forward Price/Book is 120.4% higher than the 3.59x industry average. WKHS has an overall F rating, which translates to Strong Sell in our POWR Ratings system. ... WKHS has an F grade for Quality.
Will workhorse get the USPS contract?
EV startup Workhorse has filed an official protest after losing the bid to make the United States Postal Service's next-generation mail vehicle in February, a contract that could ultimately be worth some $6 billion. The USPS instead gave that contract to defense contractor Oshkosh.