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WORKHORSE GROUP INC.

(WKHS)
  Report
Real-time Estimate Cboe BZX  -  01:35:13 2023-02-01 pm EST
2.235 USD   +1.13%
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WORKHORSE GROUP INC. : Regulation FD Disclosure (form 8-K)

12/07/2022 | 08:10am EST

Item 7.01. Regulation FD Disclosure.

Workhorse Group Inc. (the "Company") will hold an Analyst Day conference on December 7, 2022. As part of the conference, the Company's management will give a presentation to certain participants in attendance regarding certain matters impacting the Company and its operating results. A copy of that presentation is furnished as Exhibit 99.1 and incorporated herein by reference. In connection with the foregoing, the Company issued a press release. A copy of that press release is furnished as Exhibit 99.2 and incorporated herein by reference.

The information in Item 7.01 and Item 9.01, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of such section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.



Forward-Looking Statements


Certain statements in this Current Report on Form 8-K are forward-looking statements that involve a number of risks and uncertainties. For such statements, the Company claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from the Company's expectations. Additional factors that could cause actual results to differ materially from those stated or implied by the Company's forward-looking statements are disclosed in the Company's reports filed with the Securities and Exchange Commission.




Item 9.01. Exhibits.



Exhibit No.   Description
99.1            Analyst Day Presentation, dated December 7, 2022.
99.2            Press Release, dated December 7, 2022.
104           Cover Page Interactive Data File (embedded within the Inline XBRL document)




                                       1

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Analyst Recommendations on WORKHORSE GROUP INC.
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Financials (USD)
Sales 2022 11,9 M - -
Net income 2022 -110 M - -
Net Debt 2022 - - -
P/E ratio 2022 -3,26x
Yield 2022 -
Capitalization 363 M 363 M -
Capi. / Sales 2022 30,5x
Capi. / Sales 2023 3,26x
Nbr of Employees 221
Free-Float 96,1%
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 2,21 $
Average target price 4,50 $
Spread / Average Target 104%
EPS Revisions
Managers and Directors
Richard F. Dauch Chief Executive Officer, President & Director
Robert M. Ginnan Chief Financial Officer
Raymond J. Chess Chairman
Joshua Anderson Chief Technology Officer
James D. Harrington Secretary & Chief Administrative Officer
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