Workday (WDAY) Earning Somewhat Positive News Coverage, Report Shows
Media headlines about Workday (NASDAQ:WDAY) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Workday earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 46.3249317322198 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Evaluate Stock’s Volatility Before Making Any Investment Decision – Workday, Inc., (NASDAQ: WDAY) – Stock Watch (stocksnewstimes.com)
- Enrapturing Stocks: Prospect Capital Corporation, (NASDAQ: PSEC), Workday, Inc., (NASDAQ: WDAY), Noble Energy … – Stocks In The News (press release) (tradingnewsnow.com)
- Noteworthy Tuesday Option Activity: BKH, WDAY, RGLD (marketnewsvideo.com)
- 5 Companies That Might Be on Microsoft’s Shopping List (finance.yahoo.com)
- BidaskClub Upgrades Workday, Inc. (WDAY) to “Strong-Buy” (americanbankingnews.com)
Workday (WDAY) traded down $0.14 during trading on Thursday, reaching $115.15. The company had a trading volume of 835,400 shares, compared to its average volume of 1,565,800. Workday has a fifty-two week low of $65.79 and a fifty-two week high of $116.32. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.16.
Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Wednesday, August 30th. The software maker reported $0.24 EPS for the quarter, beating the consensus estimate of $0.15 by $0.09. Workday had a negative return on equity of 24.07% and a negative net margin of 19.78%. The business had revenue of $525.30 million for the quarter, compared to the consensus estimate of $507.44 million. During the same quarter in the prior year, the business earned ($0.04) earnings per share. Workday’s revenue for the quarter was up 40.6% on a year-over-year basis. analysts predict that Workday will post -1.33 earnings per share for the current year.
Several equities analysts have recently issued reports on the company. Mitsubishi UFJ Financial Group reaffirmed a “buy” rating and issued a $116.00 target price (up from $106.00) on shares of Workday in a report on Thursday, August 31st. Cowen and Company reaffirmed a “market perform” rating and issued a $100.00 target price (up from $93.00) on shares of Workday in a report on Thursday, August 31st. Wedbush reaffirmed a “neutral” rating and issued a $104.00 target price on shares of Workday in a report on Thursday, August 31st. Jefferies Group LLC reaffirmed a “hold” rating and issued a $92.00 target price on shares of Workday in a report on Tuesday, August 29th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Workday in a report on Thursday, August 31st. Five analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $100.94.
In other Workday news, CEO Aneel Bhusri sold 75,000 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $108.98, for a total transaction of $8,173,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Robynne Sisco sold 5,267 shares of the stock in a transaction on Monday, October 16th. The stock was sold at an average price of $107.36, for a total value of $565,465.12. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,542,724 shares of company stock worth $167,301,313. Company insiders own 37.71% of the company’s stock.
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.
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