Workday Inc (NASDAQ:WDAY) CFO Robynne Sisco sold 5,061 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $110.53, for a total value of $559,392.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Workday Inc (NASDAQ WDAY) opened at $114.11 on Friday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.74. Workday Inc has a 1 year low of $80.61 and a 1 year high of $116.89. The firm has a market capitalization of $23,910.00, a price-to-earnings ratio of -79.24 and a beta of 1.83.
Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.10. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The business had revenue of $555.40 million during the quarter, compared to the consensus estimate of $541.05 million. During the same period in the prior year, the company earned $0.03 EPS. Workday’s revenue for the quarter was up 35.6% on a year-over-year basis. analysts predict that Workday Inc will post -1.1 earnings per share for the current year.
A number of analysts have recently weighed in on WDAY shares. Guggenheim started coverage on Workday in a research report on Monday, October 30th. They set a “neutral” rating and a $105.00 target price for the company. UBS Group reiterated a “sell” rating and set a $95.00 target price (down from $121.00) on shares of Workday in a research report on Thursday, November 9th. Robert W. Baird reiterated a “buy” rating and set a $114.00 target price on shares of Workday in a research report on Friday, November 10th. Barclays upped their target price on Workday from $108.00 to $117.00 and gave the company an “equal weight” rating in a research report on Friday, November 17th. Finally, JMP Securities downgraded Workday from a “market outperform” rating to a “market perform” rating in a research report on Tuesday, October 10th. Two 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 an average rating of “Hold” and a consensus target price of $106.81.
Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in Workday by 8.5% in the second quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock valued at $1,045,937,000 after purchasing an additional 846,809 shares during the last quarter. Tybourne Capital Management HK Ltd. raised its position in Workday by 2.2% in the second quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock valued at $284,788,000 after purchasing an additional 62,419 shares during the last quarter. Renaissance Technologies LLC bought a new position in Workday in the second quarter valued at about $117,209,000. Janus Henderson Group PLC raised its position in Workday by 0.4% in the third quarter. Janus Henderson Group PLC now owns 1,042,200 shares of the software maker’s stock valued at $109,838,000 after purchasing an additional 4,047 shares during the last quarter. Finally, Northern Trust Corp raised its position in Workday by 6.7% in the second quarter. Northern Trust Corp now owns 842,933 shares of the software maker’s stock valued at $81,764,000 after purchasing an additional 52,663 shares during the last quarter. Institutional investors and hedge funds own 66.90% of the company’s stock.
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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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