CarParts.com (NASDAQ:PRTS) versus Workhorse Group (NASDAQ:WKHS) Head to Head Comparison

Workhorse Group (NASDAQ:WKHSGet Free Report) and CarParts.com (NASDAQ:PRTSGet Free Report) are both small-cap auto/tires/trucks companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, profitability, institutional ownership, dividends, valuation and risk.

Insider & Institutional Ownership

16.0% of Workhorse Group shares are owned by institutional investors. Comparatively, 75.3% of CarParts.com shares are owned by institutional investors. 1.9% of Workhorse Group shares are owned by insiders. Comparatively, 9.7% of CarParts.com shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent ratings for Workhorse Group and CarParts.com, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Workhorse Group 1 0 0 0 1.00
CarParts.com 1 1 0 0 1.50

CarParts.com has a consensus price target of $0.50, suggesting a potential downside of 36.60%. Given CarParts.com’s stronger consensus rating and higher possible upside, analysts plainly believe CarParts.com is more favorable than Workhorse Group.

Profitability

This table compares Workhorse Group and CarParts.com’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Workhorse Group -606.64% -232.69% -71.18%
CarParts.com -9.21% -79.79% -25.50%

Volatility & Risk

Workhorse Group has a beta of 2.68, indicating that its stock price is 168% more volatile than the S&P 500. Comparatively, CarParts.com has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500.

Earnings and Valuation

This table compares Workhorse Group and CarParts.com”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Workhorse Group $6.62 million 1.06 -$101.79 million ($85.96) -0.04
CarParts.com $547.53 million 0.10 -$50.44 million ($0.86) -0.92

CarParts.com has higher revenue and earnings than Workhorse Group. CarParts.com is trading at a lower price-to-earnings ratio than Workhorse Group, indicating that it is currently the more affordable of the two stocks.

Summary

CarParts.com beats Workhorse Group on 10 of the 13 factors compared between the two stocks.

About Workhorse Group

(Get Free Report)

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 CarParts.com

(Get Free Report)

CarParts.com, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories. The company sells its products to individual customers through its flagship website www.carparts.com and app; online marketplaces, including third-party auction sites and shopping portals; and auto parts wholesale distributors. The company was formerly known as U.S. Auto Parts Network, Inc. and changed its name to CarParts.com, Inc. in July 2020. CarParts.com, Inc. was incorporated in 1995 and is headquartered in Torrance, California.

Receive News & Ratings for Workhorse Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workhorse Group and related companies with MarketBeat.com's FREE daily email newsletter.