Workday Receives Average Rating of “Hold” from Analysts (NASDAQ:WDAY)
Shares of Workday (NASDAQ:WDAY) have been given a consensus recommendation of “Hold” by the twenty-nine analysts that are covering the company, Analyst Ratings Net reports. Twelve equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $98.84.
WDAY has been the subject of a number of recent research reports. Analysts at BMO Capital Markets raised their price target on shares of Workday from $83.00 to $100.00 in a research note on Thursday, August 28th. Separately, analysts at Wedbush raised their price target on shares of Workday from $96.00 to $106.00 in a research note on Thursday, August 28th. Finally, analysts at Barclays raised their price target on shares of Workday from $83.00 to $89.00 in a research note on Thursday, August 28th. They now have an “equal weight” rating on the stock.
In other Workday news, Director Christa Davies sold 1,970 shares of Workday stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $88.28, for a total value of $173,911.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Workday (NASDAQ:WDAY) traded up 0.43% on Thursday, hitting $88.98. The stock had a trading volume of 185,415 shares. Workday has a one year low of $64.21 and a one year high of $116.47. The stock has a 50-day moving average of $84.7 and a 200-day moving average of $85.39. The company’s market cap is $16.401 billion.
Workday (NASDAQ:WDAY) last released its earnings data on Wednesday, August 27th. The company reported ($0.11) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.14) by $0.03. The company had revenue of $186.80 million for the quarter, compared to the consensus estimate of $177.31 million. During the same quarter in the prior year, the company posted ($0.13) earnings per share. The company’s quarterly revenue was up 73.6% on a year-over-year basis. On average, analysts predict that Workday will post $-0.42 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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