Workday (NASDAQ:WDAY) is scheduled to be releasing its earnings data after the market closes on Monday, February 26th. Analysts expect Workday to post earnings of $0.19 per share for the quarter.
Workday (NASDAQ:WDAY) last announced its quarterly earnings results on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.10. The business had revenue of $555.40 million for the quarter, compared to analysts’ expectations of $541.05 million. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The business’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.03 EPS. On average, analysts expect Workday to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of Workday (NASDAQ:WDAY) opened at $127.33 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. The firm has a market capitalization of $26,740.00, a P/E ratio of -88.42 and a beta of 2.01. Workday has a 1 year low of $80.61 and a 1 year high of $128.32.
A number of brokerages have recently weighed in on WDAY. Cowen reiterated a “market perform” rating and set a $117.00 price target (up from $107.00) on shares of Workday in a research report on Thursday. Royal Bank of Canada raised their target price on Workday to $135.00 and gave the company an “outperform” rating in a research report on Thursday. Deutsche Bank raised their target price on Workday from $105.00 to $115.00 and gave the company a “hold” rating in a research report on Tuesday. Cleveland Research initiated coverage on Workday in a research report on Wednesday, January 31st. They issued a “buy” rating on the stock. Finally, Bank of America raised their target price on Workday from $123.00 to $134.00 and gave the company a “buy” rating in a research report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and eighteen have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $108.91.
In other news, insider Gomez Luciano Fernandez sold 1,709 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $124.23, for a total transaction of $212,309.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David A. Duffield sold 482,001 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $103.77, for a total value of $50,017,243.77. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,199,015 shares of company stock valued at $126,965,706. Corporate 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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