News stories about Workiva (NYSE:WK) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Workiva earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.3443255949807 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several research analysts have recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of Workiva from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, September 21st. SunTrust Banks restated a “buy” rating and set a $24.00 price objective (up from $22.00) on shares of Workiva in a research note on Wednesday, September 20th. Stifel Nicolaus boosted their price objective on shares of Workiva from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Zacks Investment Research upgraded shares of Workiva from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Thursday, October 5th. Finally, Credit Suisse Group upped their price target on shares of Workiva from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Workiva currently has a consensus rating of “Hold” and a consensus price target of $22.14.
Shares of Workiva (NYSE WK) opened at $21.95 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of -1.29. The stock has a market cap of $918.09, a PE ratio of -24.12 and a beta of 0.63. Workiva has a twelve month low of $12.15 and a twelve month high of $23.70.
Workiva (NYSE:WK) last posted its quarterly earnings data on Tuesday, November 7th. The software maker reported ($0.23) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.40) by $0.17. The business had revenue of $52.10 million during the quarter, compared to the consensus estimate of $50.64 million. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.23) EPS. equities research analysts expect that Workiva will post -1.1 earnings per share for the current fiscal year.
In other Workiva news, major shareholder Jerome M. Behar sold 2,442 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $23.40, for a total value of $57,142.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 33.29% of the company’s stock.
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Workiva Inc provides enterprises with cloud solutions for improving productivity, accountability and insight into business data. The Company created Wdesk, a collaborative work management platform for organizations to collect, link, report and analyze their business data. Wdesk’s word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail.
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