Workday Inc (NASDAQ:WDAY) Director David A. Duffield sold 281 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $219.67, for a total value of $61,727.27. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
NASDAQ WDAY opened at $214.24 on Friday. Workday Inc has a 1-year low of $117.72 and a 1-year high of $226.83. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a 50-day moving average of $211.46. The company has a market cap of $49.86 billion, a price-to-earnings ratio of -175.61 and a beta of 1.56.
Workday (NASDAQ:WDAY) last released its earnings results on Tuesday, May 28th. The software maker reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.03). Workday had a negative net margin of 15.19% and a negative return on equity of 14.92%. The company had revenue of $825.10 million during the quarter, compared to the consensus estimate of $814.21 million. During the same period last year, the firm posted $0.33 EPS. The company’s revenue was up 33.2% on a year-over-year basis. On average, sell-side analysts anticipate that Workday Inc will post -1.06 earnings per share for the current year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in WDAY. Captrust Financial Advisors lifted its stake in shares of Workday by 60.0% in the 4th quarter. Captrust Financial Advisors now owns 160 shares of the software maker’s stock valued at $26,000 after acquiring an additional 60 shares during the last quarter. Shine Investment Advisory Services Inc. lifted its stake in shares of Workday by 60.9% in the 1st quarter. Shine Investment Advisory Services Inc. now owns 148 shares of the software maker’s stock valued at $29,000 after acquiring an additional 56 shares during the last quarter. Lindbrook Capital LLC lifted its stake in shares of Workday by 149.2% in the 1st quarter. Lindbrook Capital LLC now owns 152 shares of the software maker’s stock valued at $29,000 after acquiring an additional 91 shares during the last quarter. Advisory Alpha LLC bought a new stake in shares of Workday in the 1st quarter valued at about $30,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Workday in the 1st quarter valued at about $31,000. 65.97% of the stock is owned by institutional investors.
Several equities analysts recently commented on WDAY shares. Monness Crespi & Hardt restated a “buy” rating and set a $262.00 target price (up from $250.00) on shares of Workday in a research report on Wednesday, May 29th. Wells Fargo & Co boosted their target price on American Woodmark from $70.00 to $80.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 29th. Exane BNP Paribas initiated coverage on Workday in a research report on Friday, March 29th. They set an “underperform” rating for the company. Oppenheimer dropped their price target on KemPharm from $8.00 to $3.00 and set an “outperform” rating for the company in a research note on Thursday, May 23rd. Finally, Stifel Nicolaus lifted their price target on Workday from $175.00 to $195.00 and gave the stock a “hold” rating in a research note on Wednesday, May 29th. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $206.32.
Workday, Inc provides enterprise cloud applications worldwide. Its applications help its customers to manage critical business functions and 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, revenue management, and grants management, as well as project and resource management, time and expense tracking, project billing, revenue recognition, financial reporting, and analytics.
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