Workiva (WK) Set to Announce Quarterly Earnings on Thursday

Workiva (NYSE:WK) is set to announce its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of ($0.37) per share for the quarter.

Workiva (NYSE:WK) opened at $24.55 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of -1.29. The firm has a market cap of $1,030.00, a PE ratio of -26.98 and a beta of 0.63. Workiva has a 1 year low of $12.85 and a 1 year high of $24.65.

A number of equities analysts have recently commented on WK shares. Morgan Stanley raised their price objective on shares of Workiva from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. Northland Securities restated a “buy” rating and issued a $23.00 price objective on shares of Workiva in a research report on Sunday, October 29th. SunTrust Banks restated a “buy” rating and issued a $24.00 price objective on shares of Workiva in a research report on Friday, November 3rd. Stifel Nicolaus raised their price objective on shares of Workiva from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Finally, Credit Suisse Group raised their price objective on shares of Workiva from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $22.14.

In related news, major shareholder Jerome M. Behar sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $24.11, for a total value of $602,750.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Jerome M. Behar sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $22.95, for a total transaction of $1,147,500.00. The disclosure for this sale can be found here. Insiders sold 209,843 shares of company stock valued at $4,922,892 over the last 90 days. 33.29% of the stock is owned by company insiders.

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Workiva Company Profile

Workiva Inc provides enterprises with cloud solutions for improving productivity, accountability and insight into business data. The Company created Wdesk, a collaborative work management platform for organizations to collect, link, report and analyze their business data. Wdesk’s word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail.

Earnings History for Workiva (NYSE:WK)

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