Media headlines about Workday (NASDAQ:WDAY) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Workday earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 45.8162498191711 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
A number of analysts have commented on the stock. ValuEngine raised shares of Workday from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. BidaskClub raised shares of Workday from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 7th. Citigroup upped their price objective on shares of Workday from $85.00 to $94.00 and gave the company a “sell” rating in a research note on Thursday, March 1st. Stifel Nicolaus upped their price objective on shares of Workday from $98.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, February 28th. Finally, Barclays upped their price objective on shares of Workday from $115.00 to $121.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 28th. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $119.22.
Shares of WDAY opened at $122.58 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.92 and a current ratio of 1.92. Workday has a twelve month low of $80.76 and a twelve month high of $140.00.
Workday (NASDAQ:WDAY) last announced its quarterly earnings results on Tuesday, February 27th. The software maker reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09. Workday had a negative return on equity of 16.31% and a negative net margin of 14.99%. The company had revenue of $582.48 million for the quarter, compared to the consensus estimate of $573.41 million. equities analysts expect that Workday will post -1.24 earnings per share for the current fiscal year.
In other Workday news, Director David A. Duffield sold 458,496 shares of the stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $109.09, for a total transaction of $50,017,328.64. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Robynne Sisco sold 5,061 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $110.53, for a total value of $559,392.33. The disclosure for this sale can be found here. In the last quarter, insiders have sold 721,980 shares of company stock worth $83,256,516. Corporate insiders own 37.71% of the company’s stock.
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Workday, Inc provides enterprise cloud applications for finance and human resources worldwide. It provides applications for customers to manage critical business functions to optimize their financial and human capital resources. The company offers Workday Financial Management application that provides functions of general ledger, accounting, accounts payable and receivable, cash and asset management, employee expense and revenue management, projects, procurement, inventory, and grants management.
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