News headlines about Workday (NASDAQ:WDAY) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news 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 daily sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 45.6898483426438 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- This Is Why Workday Inc Stock Is Heading to $150 (investorplace.com)
- Featured Volatile Stock – Workday Inc (NASDAQ: WDAY) – Alpha Beta Stock (alphabetastock.com)
- Workday Inc (WDAY) Insider Gomez Luciano Fernandez Sells 8,068 Shares (americanbankingnews.com)
- Workday Inc (WDAY) Director Michael A. Stankey Sells 25,000 Shares (americanbankingnews.com)
- Workday, Inc. (WDAY) : Are you searching Analysts Rated Stock – Wall Street Morning (wallstreetmorning.com)
Shares of Workday (NASDAQ:WDAY) traded up $1.48 during mid-day trading on Tuesday, hitting $133.08. 1,500,238 shares of the stock traded hands, compared to its average volume of 1,772,792. 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 52-week low of $80.61 and a 52-week high of $140.00. The firm has a market cap of $28,419.30, a price-to-earnings ratio of -86.42 and a beta of 1.86.
Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Tuesday, February 27th. The software maker reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. Workday had a negative net margin of 14.99% and a negative return on equity of 16.31%. The firm had revenue of $582.48 million for the quarter, compared to analyst estimates of $573.41 million. analysts forecast that Workday will post -1.23 EPS for the current fiscal year.
A number of analysts have recently commented on the stock. Guggenheim reissued a “hold” rating and set a $106.00 target price on shares of Workday in a research note on Thursday, January 11th. Cowen reaffirmed a “market perform” rating and set a $117.00 price objective (up previously from $107.00) on shares of Workday in a research note on Thursday, February 22nd. Wedbush reaffirmed a “neutral” rating and set a $104.00 price objective (down previously from $106.00) on shares of Workday in a research note on Thursday, November 30th. BMO Capital Markets upped their price objective on shares of Workday from $117.00 to $135.00 and gave the company a “market perform” rating in a research note on Wednesday, February 28th. Finally, Wells Fargo reaffirmed a “market perform” rating and set a $130.00 price objective (up previously from $92.50) on shares of Workday in a research note on Wednesday, February 28th. One equities research analyst has rated the stock with a sell rating, nineteen have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $119.22.
In other news, Director Michael A. Stankey sold 12,500 shares of the company’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $102.10, for a total value of $1,276,250.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Aneel Bhusri sold 9,911 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $111.00, for a total transaction of $1,100,121.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 776,993 shares of company stock worth $87,996,470. 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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