Workiva Inc [WK] stock prices are up 3.05% to $114.78 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WK shares have gain 10.50% over the last week, with a monthly amount glided 24.52%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Workiva Inc [NYSE: WK] stock has seen the most recent analyst activity on December 18, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $130 from $102. Previously, BMO Capital Markets reaffirmed its Outperform rating on November 07, 2024, and elevated its price target to $104. On August 28, 2023, Wolfe Research initiated with a Outperform rating and assigned a price target of $120 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $101 on October 21, 2022. Citigroup initiated its recommendation with a Buy and recommended $86 as its price target on September 01, 2022. Stifel downgraded its rating to Hold for this stock on May 04, 2022, and downed its price target to $80. In a note dated February 23, 2022, BMO Capital Markets reiterated an Outperform rating on this stock and revised its target price from $135 to $127.
The stock price of Workiva Inc [WK] has been fluctuating between $65.47 and $116.83 over the past year. Currently, Wall Street analysts expect the stock to reach $112 within the next 12 months. Workiva Inc [NYSE: WK] shares were valued at $114.78 at the most recent close of the market. An investor can expect a potential drop of -2.42% based on the average WK price forecast.
Analyzing the WK fundamentals
The Workiva Inc [NYSE:WK] reported sales of 705.44M for trailing twelve months, representing a surge of 17.35%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is 0.67 and Total Capital is -0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-15.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 111.13 points at the first support level, and at 107.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.01, and for the 2nd resistance point, it is at 119.23.
Ratios To Look Out For
It’s worth pointing out that Workiva Inc [NYSE:WK]’s Current Ratio is 1.75. Also, the Quick Ratio is 1.75, while the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 9.30.
Transactions by insiders
Recent insider trading involved RIZAI MATTHEW M, Former CEO, that happened on Dec 18 ’24 when 2000.0 shares were purchased. Director, RADIA SUKU V. completed a deal on Nov 11 ’24 to sell 25678.0 shares. Meanwhile, Director Herz Robert H sold 4800.0 shares on Nov 11 ’24.
