Workday Inc (NASDAQ:WDAY) SVP James P. Shaughnessy sold 6,409 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $103.47, for a total transaction of $663,139.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Workday Inc (NASDAQ:WDAY) opened at $114.14 on Thursday. Workday Inc has a one year low of $76.50 and a one year high of $116.89. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.11 and a current ratio of 2.11. The company has a market cap of $23,740.00, a PE ratio of -79.26 and a beta of 1.83.
Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.10. The company had revenue of $555.40 million during the quarter, compared to the consensus estimate of $541.05 million. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. The company’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.03 EPS. research analysts anticipate that Workday Inc will post -1.1 earnings per share for the current year.
Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Workday by 8.5% in the 2nd quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock valued at $1,045,937,000 after acquiring an additional 846,809 shares during the period. Tybourne Capital Management HK Ltd. raised its holdings in Workday by 2.2% in the 2nd quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock valued at $284,788,000 after acquiring an additional 62,419 shares during the period. Federated Investors Inc. PA raised its holdings in Workday by 3.3% in the 2nd quarter. Federated Investors Inc. PA now owns 1,322,300 shares of the software maker’s stock valued at $128,263,000 after acquiring an additional 41,800 shares during the period. Renaissance Technologies LLC bought a new position in Workday in the 2nd quarter valued at about $117,209,000. Finally, Janus Henderson Group PLC increased its holdings in shares of Workday by 0.4% during the third quarter. Janus Henderson Group PLC now owns 1,042,200 shares of the software maker’s stock worth $109,838,000 after purchasing an additional 4,047 shares during the period. 66.90% of the stock is currently owned by institutional investors.
Several research firms recently weighed in on WDAY. Morgan Stanley upgraded shares of Workday from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $108.00 to $145.00 in a research report on Wednesday. Guggenheim restated a “hold” rating and issued a $106.00 price objective on shares of Workday in a research report on Thursday. Wedbush restated a “neutral” rating and issued a $104.00 price objective (down previously from $106.00) on shares of Workday in a research report on Thursday, November 30th. Northland Securities restated a “hold” rating and issued a $90.00 price objective on shares of Workday in a research report on Sunday, October 29th. Finally, Drexel Hamilton restated a “buy” rating and issued a $133.00 price objective on shares of Workday in a research report on Wednesday, November 29th. Four investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $105.27.
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Workday, Inc is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.
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