Workhorse Group (NASDAQ:WKHS – Get Free Report) and CarParts.com (NASDAQ:PRTS – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the superior business? We will contrast the two companies based on the strength of their institutional ownership, risk, dividends, profitability, analyst recommendations, earnings and valuation.
Institutional & Insider 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 company insiders. Comparatively, 9.7% of CarParts.com shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
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% |
Valuation & Earnings
| 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.
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.
Analyst Ratings
This is a breakdown of current recommendations and price targets for Workhorse Group and CarParts.com, as provided by MarketBeat.com.
| 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 target price of $0.50, indicating a potential downside of 36.60%. Given CarParts.com’s stronger consensus rating and higher probable upside, analysts clearly believe CarParts.com is more favorable than Workhorse Group.
Summary
CarParts.com beats Workhorse Group on 10 of the 13 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 CarParts.com
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.
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