Worksport (WKSP) to Release Quarterly Earnings on Thursday

Worksport (NASDAQ:WKSP) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 15th. Analysts expect Worksport to post earnings of ($1.05) per share and revenue of $3.72 million for the quarter.

Worksport Stock Performance

Shares of Worksport stock opened at $3.48 on Wednesday. Worksport has a 52 week low of $2.44 and a 52 week high of $12.00. The company has a quick ratio of 0.91, a current ratio of 2.96 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average is $3.44 and its two-hundred day moving average is $6.44. The company has a market capitalization of $17.17 million, a PE ratio of -5.27 and a beta of 2.01.

Wall Street Analyst Weigh In

WKSP has been the topic of a number of recent research reports. Industrial Alliance Securities set a $17.50 price target on Worksport in a research report on Monday, March 3rd. HC Wainwright reiterated a “buy” rating and issued a $11.50 price target on shares of Worksport in a research note on Wednesday, April 23rd. Finally, Alliance Global Partners reissued a “buy” rating on shares of Worksport in a report on Tuesday, March 18th.

About Worksport

Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station.