Stocks of Workday Inc (NASDAQ:WDAY) traded higher last session on Wall Street, down -1.96% to $207.44.
WDAY stock price is now -19.46% away from the 50-day moving average and -18.76% away from the 200-day moving average. The market capitalization of the company currently stands at $55.05B.
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With the price target reduced from $338 to $300, BMO Capital Markets maintained Outperform rating for Workday Inc (NASDAQ: WDAY). On February 27, 2024, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $300 to quote $350, while ‘DA Davidson’ rates the stock as ‘Neutral’
In other news, Robinson Douglas A., Co-President sold 3,121 shares of the company’s stock on May 28 ’24. The stock was sold for $669,282 at an average price of $214.44. Upon completion of the transaction, the Co-President now directly owns 204,066 shares in the company, valued at $42.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 12 ’24, 10% Owner DUFFIELD DAVID A sold 56,000 shares of the business’s stock. A total of $14,833,707 was realized by selling the stock at an average price of $264.89. This leaves the insider owning 843,000 shares of the company worth $174.87 million. A total of 21.41% of the company’s stock is owned by insiders.
During the past 12 months, Workday Inc has had a low of $201.42 and a high of $311.28. As of last week, the company has a debt-to-equity ratio of 0.41, a current ratio of 1.95, and a quick ratio of 1.95. According to the stock market information, the enterprise value for the company is $52113059840, which is based on a 37.45 price-to-earnings ratio, a 2.12 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for WDAY is $256.2584 and a two-hundred day moving average price translates $255.247 for the stock.
The latest earnings results from Workday Inc (NASDAQ: WDAY) was released for 2024-04-30. The net profit margin was 19.80% and return on equity was 21.09% for WDAY. The company reported revenue of $1.99 billion for the quarter, compared to $1.68 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.17 percent.
