Contrasting Workday (WDAY) and The Competition
Workday (NASDAQ: WDAY) is one of 61 public companies in the “Application Software” industry, but how does it weigh in compared to its competitors? We will compare Workday to related companies based on the strength of its valuation, institutional ownership, risk, analyst recommendations, profitability, earnings and dividends.
This table compares Workday and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
67.6% of Workday shares are held by institutional investors. Comparatively, 70.5% of shares of all “Application Software” companies are held by institutional investors. 37.7% of Workday shares are held by company insiders. Comparatively, 15.4% of shares of all “Application Software” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This is a breakdown of current recommendations for Workday and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Workday currently has a consensus target price of $103.62, suggesting a potential upside of 0.14%. As a group, “Application Software” companies have a potential upside of 14.18%. Given Workday’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Workday has less favorable growth aspects than its competitors.
Risk & Volatility
Workday has a beta of 1.82, suggesting that its stock price is 82% more volatile than the S&P 500. Comparatively, Workday’s competitors have a beta of 3.89, suggesting that their average stock price is 289% more volatile than the S&P 500.
Earnings & Valuation
This table compares Workday and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Workday||$1.57 billion||-$408.27 million||-71.85|
|Workday Competitors||$959.90 million||$45.64 million||546.54|
Workday has higher revenue, but lower earnings than its competitors. Workday is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Workday competitors beat Workday on 7 of the 12 factors compared.
Workday Company Profile
Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working. Its applications include Workday Financial Management, Workday Human Capital Management (HCM) and Other Applications. It also provides open, standards-based Web-services application programming interfaces, and pre-built packaged integrations and connectors. Workday Financial Management is a unified application with a range of financial capabilities, relevant analytics and metrics, and auditable process management. Workday HCM allows an organization to staff, pay, organize and develop its global workforce.
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