Workday Inc [WDAY] stock prices are up 2.29% to $264.20 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WDAY shares have gain 5.83% over the last week, with a monthly amount drifted -0.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Workday Inc [NASDAQ: WDAY] stock has seen the most recent analyst activity on January 08, 2025, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $300 from $265. Previously, Guggenheim upgraded its rating to Neutral on January 06, 2025. On November 27, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $270 on the stock. Scotiabank started tracking the stock assigning a Sector Outperform rating and suggested a price target of $340 on November 19, 2024. BMO Capital Markets reiterated its recommendation of a Outperform and reduced its price target to $300 on May 24, 2024. Needham reiterated a Buy rating for this stock on February 27, 2024, and upped its price target to $350.
The stock price of Workday Inc [WDAY] has been fluctuating between $199.81 and $311.28 over the past year. Currently, Wall Street analysts expect the stock to reach $289.5 within the next 12 months. Workday Inc [NASDAQ: WDAY] shares were valued at $264.20 at the most recent close of the market. An investor can expect a potential return of 9.58% based on the average WDAY price forecast.
Analyzing the WDAY fundamentals
The Workday Inc [NASDAQ:WDAY] reported sales of 8.13B for trailing twelve months, representing a surge of 16.75%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.2 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 256.63 points at the first support level, and at 249.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 270.35, and for the 2nd resistance point, it is at 276.50.
Ratios To Look Out For
It’s worth pointing out that Workday Inc [NASDAQ:WDAY]’s Current Ratio is 2.00. As well, the Quick Ratio is 1.99, while the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 8.68, the price to book ratio is 8.42 and price to earnings (TTM) ratio is 43.83.
Transactions by insiders
Recent insider trading involved Garfield Mark S., Chief Accounting Officer, that happened on Jan 13 ’25 when 472.0 shares were sold. 10% Owner, DUFFIELD DAVID A completed a deal on Jan 13 ’25 to sell 56000.0 shares. Meanwhile, Officer MARK GARFIELD bought 472.0 shares on Jan 13 ’25.
