News coverage about Workday (NASDAQ:WDAY) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring 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. Workday earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 45.2646896046888 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
Shares of Workday (WDAY) opened at $116.50 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.11 and a quick ratio of 2.11. Workday has a 52-week low of $80.61 and a 52-week high of $121.98. The company has a market cap of $25,176.90 and a price-to-earnings ratio of -71.04.
Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, topping the consensus estimate of $0.14 by $0.10. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. The firm had revenue of $555.40 million for the quarter, compared to analysts’ expectations of $541.05 million. During the same period in the previous year, the firm posted $0.03 EPS. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. equities analysts predict that Workday will post -1.1 earnings per share for the current fiscal year.
A number of equities analysts have issued reports on WDAY shares. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $120.00 price target on shares of Workday in a research note on Tuesday, November 28th. Canaccord Genuity reissued a “buy” rating and set a $125.00 price objective on shares of Workday in a research note on Friday, October 6th. FBN Securities upgraded Workday from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $115.00 to $125.00 in a report on Wednesday, October 11th. BidaskClub lowered Workday from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 5th. Finally, Barclays increased their target price on Workday from $108.00 to $117.00 and gave the company an “equal weight” rating in a report on Friday, November 17th. Two analysts have rated the stock with a sell rating, twenty have issued a hold rating and seventeen have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $106.81.
In other Workday news, CEO Aneel Bhusri sold 75,000 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $100.34, for a total transaction of $7,525,500.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Robynne Sisco sold 5,061 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $110.53, for a total transaction of $559,392.33. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,197,306 shares of company stock worth $126,753,397. Company insiders own 37.71% of the company’s stock.
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Workday Company Profile
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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