A share price of Workday Inc [WDAY] is currently trading at $276.17, up 6.33%. 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 WDAY shares have gain 4.06% over the last week, with a monthly amount glided 9.23%, and 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.
Workday Inc experienced fluctuations in its stock price throughout the past year between $199.81 and $311.28. Currently, Wall Street analysts expect the stock to reach $289.5 within the next 12 months. Workday Inc [NASDAQ: WDAY] shares were valued at $276.17 at the most recent close of the market. An investor can expect a potential return of 4.83% based on the average WDAY price forecast.
Analyzing the WDAY fundamentals
Trailing Twelve Months sales for Workday Inc [NASDAQ:WDAY] were 8.12B which represents 16.38% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
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 266.75 points at the first support level, and at 257.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 280.98, and for the 2nd resistance point, it is at 285.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Workday Inc [NASDAQ:WDAY] is 2.00. Further, the Quick Ratio stands at 2.00, while the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 9.05, the price to book ratio is 8.50 and price to earnings (TTM) ratio is 45.83.
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.
