Media stories about Workday (NASDAQ:WDAY) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Workday earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.9862779966854 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Workday Stock on the Verge of a Parabolic Breakout – Profit Confidential (profitconfidential.com)
- The Insider, Philip Wilmington Sold 4659 Shares of Workday, Inc. (WDAY); Yara International ASA (YARIY) Had 1 … – Economistan (economistan.com)
- Calamos Advisors Has Boosted Workday (WDAY) Stake; Carlson Capital LP Has Decreased Cornerstone Ondemand … – Hill Country Times (hillcountrytimes.com)
- Workday, These 3 Energy Stocks Are Near Buy Points In First-Stage Bases (finance.yahoo.com)
- Analysts Anticipate Workday Inc (WDAY) Will Announce Quarterly Sales of $573.12 Million (americanbankingnews.com)
Workday (NASDAQ:WDAY) traded up $1.19 during trading on Monday, hitting $115.30. 1,020,000 shares of the stock traded hands, compared to its average volume of 1,990,000. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.11 and a current ratio of 2.11. Workday has a fifty-two week low of $80.61 and a fifty-two week high of $116.89. The stock has a market cap of $23,980.00, a PE ratio of -80.07 and a beta of 1.83.
Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, beating the consensus estimate of $0.14 by $0.10. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. The business had revenue of $555.40 million for the quarter, compared to analysts’ expectations of $541.05 million. During the same period in the previous year, the company posted $0.03 EPS. Workday’s revenue was up 35.6% on a year-over-year basis. research analysts anticipate that Workday will post -1.1 earnings per share for the current year.
Several research analysts have issued reports on the company. Guggenheim reaffirmed a “hold” rating and issued a $106.00 price target on shares of Workday in a report on Thursday, January 11th. Morgan Stanley upgraded shares of Workday from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $108.00 to $145.00 in a research report on Wednesday, January 10th. KeyCorp upgraded shares of Workday from a “sector weight” rating to an “overweight” rating and set a $131.00 price objective on the stock in a research report on Thursday, January 4th. BidaskClub cut shares of Workday from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. Finally, Jefferies Group reiterated a “hold” rating and set a $101.00 price objective on shares of Workday in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, twenty have issued a hold rating and sixteen have given a buy rating to the company. Workday presently has an average rating of “Hold” and an average target price of $106.81.
In related news, Director Michael A. Stankey sold 12,500 shares of the company’s stock in a transaction on Friday, 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 legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Aneel Bhusri sold 75,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $100.34, for a total transaction of $7,525,500.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,197,306 shares of company stock worth $126,753,397. 37.71% of the stock is currently owned by corporate insiders.
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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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