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Workday (NASDAQ:WDAY)’s share price hit a new 52-week high during mid-day trading on Tuesday , reports. The stock traded as high as $96.05 and last traded at $95.62, with a volume of 931,171 shares. The stock had previously closed at $92.00.

A number of analysts have recently weighed in on WDAY shares. Analysts at BMO Capital Markets initiated coverage on shares of Workday in a research note on Thursday, January 23rd. They set a “market perform” rating and a $85.00 price target on the stock. Separately, analysts at Deutsche Bank initiated coverage on shares of Workday in a research note on Wednesday, January 22nd. They set a “hold” rating and a $90.00 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Workday from $90.00 to $105.00 in a research note on Friday, January 17th. They now have a “buy” rating on the stock. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $84.91.

The stock has a 50-day moving average of $87.96 and a 200-day moving average of $79.76. The company’s market cap is $16.758 billion.

Workday (NASDAQ:WDAY) last released its earnings data on Monday, November 25th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted ($0.39) earnings per share. The company’s revenue for the quarter was up 76.2% on a year-over-year basis. Analysts expect that Workday will post $-0.56 EPS 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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