Media coverage about Workiva (NYSE:WK) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Workiva earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 46.1335789070004 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Workiva (WK) opened at $21.95 on Friday. The firm has a market capitalization of $918.09, a PE ratio of -24.12 and a beta of 0.63. The company has a debt-to-equity ratio of -1.29, a current ratio of 0.90 and a quick ratio of 0.90. Workiva has a 12 month low of $12.15 and a 12 month high of $23.70.
Workiva (NYSE:WK) last released its quarterly earnings data on Tuesday, November 7th. The software maker reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.40) by $0.17. The business had revenue of $52.10 million during the quarter, compared to analyst estimates of $50.64 million. The business’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period last year, the business earned ($0.23) earnings per share. equities analysts predict that Workiva will post -1.1 EPS for the current fiscal year.
Several research firms have recently issued reports on WK. Robert W. Baird increased their target price on Workiva from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, September 21st. SunTrust Banks reissued a “buy” rating and set a $24.00 target price (up from $22.00) on shares of Workiva in a report on Wednesday, September 20th. Stifel Nicolaus increased their target price on Workiva from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Zacks Investment Research raised Workiva from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Thursday, October 5th. Finally, Credit Suisse Group increased their target price on Workiva from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Workiva currently has a consensus rating of “Hold” and a consensus price target of $22.14.
In related news, major shareholder Jerome M. Behar sold 2,442 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $23.40, for a total value of $57,142.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company 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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