Workiva (NYSE:WK) will be announcing its earnings results after the market closes on Wednesday, February 7th.
Workiva (NYSE:WK) last posted its earnings results on Tuesday, November 7th. The software maker reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.40) by $0.17. The company had revenue of $52.10 million for the quarter, compared to analysts’ expectations of $50.64 million. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.23) EPS. On average, analysts expect Workiva to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of Workiva (NYSE:WK) opened at $22.05 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of -1.29. The firm has a market capitalization of $924.36, a price-to-earnings ratio of -24.23 and a beta of 0.63. Workiva has a twelve month low of $12.55 and a twelve month high of $23.70.
Several analysts have recently commented on WK shares. Stifel Nicolaus increased their price objective on Workiva from $23.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Zacks Investment Research upgraded Workiva from a “sell” rating to a “hold” rating in a report on Saturday, January 13th. TheStreet upgraded Workiva from a “d” rating to a “c-” rating in a report on Wednesday, December 13th. SunTrust Banks reiterated a “buy” rating and set a $24.00 price objective on shares of Workiva in a report on Friday, November 3rd. Finally, Northland Securities reiterated a “buy” rating and set a $23.00 price objective on shares of Workiva in a report on Sunday, October 29th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $22.14.
In related news, major shareholder Jerome M. Behar sold 46,000 shares of the company’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $22.15, for a total value of $1,018,900.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Jerome M. Behar sold 2,442 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $23.40, for a total value of $57,142.80. The disclosure for this sale can be found here. Corporate insiders own 33.29% of the company’s stock.
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Workiva Company Profile
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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