Workday Inc. Sets New 1-Year High at $84.98 (WDAY)
Workday (NASDAQ:WDAY) set a new 52-week high during trading on Monday, AnalystRatingsNetwork.com reports. The stock traded as high as $84.98 and last traded at $84.73, with a volume of 1,356,535 shares. The stock had previously closed at $82.47.
WDAY has been the subject of a number of recent research reports. Analysts at Macquarie initiated coverage on shares of Workday in a research note to investors on Friday, December 6th. They set a “neutral” rating and a $85.00 price target on the stock. Separately, analysts at Wedbush raised their price target on shares of Workday from $86.00 to $90.00 in a research note to investors on Tuesday, November 26th. Finally, analysts at Susquehanna raised their price target on shares of Workday from $71.00 to $80.00 in a research note to investors on Tuesday, November 26th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $80.96.
In other Workday news, COO Michael A. Stankey sold 13,344 shares of Workday stock on the open market in a transaction dated Friday, January 3rd. The stock was sold at an average price of $81.76, for a total transaction of $1,091,005.44. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Workday has a 52-week low of $50.04 and a 52-week high of $84.42. The stock has a 50-day moving average of $79.58 and a 200-day moving average of $75.17. The company’s market cap is $14.786 billion.
Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Monday, November 25th. The company reported ($0.12) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.17) by $0.05. The company had revenue of $127.90 million for the quarter, compared to the consensus estimate of $117.68 million. During the same quarter last year, the company posted ($0.39) earnings per share. Workday’s revenue was up 76.2% compared to the same quarter last year. On average, analysts predict that Workday will post $-0.56 earnings per share for the current fiscal year.
Workday, Inc is a provider of enterprise cloud-based applications for human capital management (NASDAQ:WDAY), payroll, financial management, time tracking, procurement and employee expense management.
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