Workday Inc (NASDAQ:WDAY) insider Robynne Sisco sold 6,281 shares of the firm’s stock in a transaction dated Monday, October 15th. The shares were sold at an average price of $127.25, for a total transaction of $799,257.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Workday stock opened at $137.25 on Thursday. Workday Inc has a 52 week low of $95.35 and a 52 week high of $157.12. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $31.68 billion, a P/E ratio of -108.07 and a beta of 2.01.
Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Tuesday, September 4th. The software maker reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05. Workday had a negative net margin of 13.81% and a negative return on equity of 13.36%. The company had revenue of $671.70 million during the quarter, compared to analyst estimates of $663.38 million. During the same period last year, the firm posted $0.24 EPS. Workday’s revenue for the quarter was up 27.9% compared to the same quarter last year. Analysts expect that Workday Inc will post -1.11 EPS for the current fiscal year.
A number of research firms have recently weighed in on WDAY. Monness Crespi & Hardt raised their price target on shares of Workday from $158.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, September 5th. UBS Group raised their price target on shares of Workday to $169.00 and gave the company a “positive” rating in a report on Tuesday, September 4th. Canaccord Genuity raised their price target on shares of Workday from $145.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, September 5th. Stifel Nicolaus raised their price target on shares of Workday from $115.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, September 5th. Finally, Jefferies Financial Group raised their price target on shares of Workday to $141.00 and gave the company a “hold” rating in a report on Wednesday, September 5th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $147.14.
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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