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Worksport (WKSP)
NASDAQ:WKSP
WKSP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.44 - $12.00
Previous CloseN/A
Volume1.25M
Average Volume (3M)211.55K
Market Cap
$14.01M
Enterprise Value$33.90M
Total Cash (Recent Filing)$588.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.73
Next Earnings
Mar 27, 2025EPS Estimate
-1.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.90
Shares Outstanding4,933,053
10 Day Avg. Volume88,222
30 Day Avg. Volume211,547
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.73
Price to Cash Flow (P/CF)-2.80
P/FCF Ratio0.00
Enterprise Value/Market Cap2.42
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit6.55
Enterprise Value/Ebitda-2.46
Forecast
1Y Price Target
$11.00Price Target Upside287.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
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Worksport News
PremiumCompany Announcements
Worksport Expands Dealer Network by 64% in Q1 2025
PremiumCompany Announcements
Worksport Ltd Earnings Call: Growth Amid Challenges
PremiumCompany Announcements
Worksport Ltd. Reports Strong Revenue Growth in 2024
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Bulls Say, Bears Say
Bulls Say
Product OriginThe company's tonneau cover products are built in the United States, with approximately 90.0% of materials used sourced within the United States, suggesting very little negative impact from potential tariffs.
Sales GrowthThe increase in active dealers is driving an acceleration in B2B sales, which increased approximately 70.0% sequentially in March from February.
Bears Say
Earnings Performance4Q24 EBITDA loss was wider than the analyst's forecast and the average forecast from other firms.
Economic ConcernsUnderperformance in WKSP shares is partially driven by macro-economic and tariff related concerns.
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Ownership Overview
62.33% Insiders
8.03% Mutual Funds
0.39% Other Institutional Investors
16.71% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
WKSP FAQ
What was Worksport’s price range in the past 12 months?
Worksport lowest stock price was $2.44 and its highest was $12.00 in the past 12 months.
What is Worksport’s market cap?
Worksport’s market cap is $14.01M.
When is Worksport’s upcoming earnings report date?
Worksport’s upcoming earnings report date is Mar 27, 2025 which is 31 days ago.
How were Worksport’s earnings last quarter?
Worksport released its earnings results on Nov 13, 2024. The company reported -$1.4 earnings per share for the quarter, missing the consensus estimate of -$1.3 by -$0.1.
Is Worksport overvalued?
According to Wall Street analysts Worksport’s price is currently Undervalued.
Does Worksport pay dividends?
Worksport does not currently pay dividends.
What is Worksport’s EPS estimate?
Worksport’s EPS estimate is -1.28.
How many shares outstanding does Worksport have?
Worksport has 4,933,053 shares outstanding.
What happened to Worksport’s price movement after its last earnings report?
Worksport reported an EPS of -$1.4 in its last earnings report, missing expectations of -$1.3. Following the earnings report the stock price went down -8.719%.
Which hedge fund is a major shareholder of Worksport?
Currently, no hedge funds are holding shares in WKSP
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Worksport Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$11.00 (287.32% Upside)
$11.00 (287.32% Upside)
Insider Transactions
Bought Shares
Worth $25.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-30.73%
12-Months-Change
Fundamentals
Return on Equity
-90.82%
Trailing 12-Months
Asset Growth
-0.84%
Trailing 12-Months
Company Description
Worksport
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.
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WKSP Company Deck
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WKSP Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and strategic product launches, indicating a strong upward trajectory for Worksport. However, increased operating losses and dependency on external factors for new product success present challenges. The company's focus on margin improvement and strategic partnerships is positive, but the financial losses and high cost of sales are notable concerns.Read More>---
WKSP Stock 12 Month Forecast
Average Price Target
$11.00
▲(287.32% Upside)
Technical Analysis
Commercial Vehicle Group
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Best Analysts Covering WKSP
1 Year
1 Year Success Rate
4/17 ratings generated profit
1 Year Average Return
-37.36%
reiterated a buy rating 27 days ago
Copying Tate Sullivan's trades and holding each position for 1 Year would result in 23.53% of your transactions generating a profit, with an average return of -37.36% per trade.
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