Workiva Inc [WK] stock is trading at $114.09, up 3.72%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WK shares have gain 4.08% over the last week, with a monthly amount glided 9.39%, 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 January 03, 2025, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $135 for it. Previously, Stifel upgraded its rating to Buy on December 18, 2024, and elevated its price target to $130. On November 07, 2024, BMO Capital Markets reiterated its Outperform rating and revised its price target to $104 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $120 on August 28, 2023. Goldman initiated its recommendation with a Buy and recommended $101 as its price target on October 21, 2022. Citigroup started tracking with a Buy rating for this stock on September 01, 2022, and assigned it a price target of $86. In a note dated May 04, 2022, Stifel downgraded an Hold rating on this stock and revised its target price from $120 to $80.
Workiva Inc [WK] stock has fluctuated between $65.47 and $116.83 over the past year. Currently, Wall Street analysts expect the stock to reach $130 within the next 12 months. Workiva Inc [NYSE: WK] shares were valued at $114.09 at the most recent close of the market. An investor can expect a potential return of 13.95% based on the average WK price forecast.
Analyzing the WK fundamentals
Workiva Inc [NYSE:WK] reported sales of 705.44M for the trailing twelve months, which represents a growth 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -15.56.
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 112.17 points at the first support level, and at 110.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.28, and for the 2nd resistance point, it is at 116.47.
Ratios To Look Out For
For context, Workiva Inc’s Current Ratio is 1.75. Further, the Quick Ratio stands at 1.75, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 9.59.
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.
