Headlines about Workiva (NYSE:WK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Workiva earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 46.8981406251872 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
WK has been the subject of several analyst reports. SunTrust Banks reaffirmed a “buy” rating and set a $28.00 price objective on shares of Workiva in a research report on Friday, February 23rd. Zacks Investment Research raised Workiva from a “sell” rating to a “hold” rating in a research report on Saturday, January 13th. Citigroup cut Workiva to a “market perform” rating in a research report on Friday, February 23rd. Stifel Nicolaus upped their price objective on Workiva from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, ValuEngine raised Workiva from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $23.86.
Shares of Workiva (NYSE:WK) opened at $24.05 on Friday. Workiva has a fifty-two week low of $14.85 and a fifty-two week high of $26.75. The company has a debt-to-equity ratio of -1.09, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $1,010.97, a PE ratio of -22.48 and a beta of 0.58.
Workiva (NYSE:WK) last posted its earnings results on Thursday, February 22nd. The software maker reported ($0.34) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.37) by $0.03. The firm had revenue of $54.51 million during the quarter, compared to analysts’ expectations of $53.28 million. During the same period in the previous year, the firm posted ($0.09) earnings per share. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis. analysts anticipate that Workiva will post -1.36 earnings per share for the current fiscal year.
In other news, Director Eugene S. Katz sold 6,000 shares of the business’s stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $22.83, for a total value of $136,980.00. Following the completion of the sale, the director now directly owns 124,836 shares of the company’s stock, valued at approximately $2,850,005.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Jerome M. Behar sold 11,080 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $25.66, for a total value of $284,312.80. The disclosure for this sale can be found here. Insiders sold a total of 257,923 shares of company stock valued at $6,141,505 over the last three months. Company insiders own 33.29% of the company’s stock.
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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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