Workday, Inc. (NASDAQ:WDAY) Director David A. Duffield sold 397,053 shares of Workday stock in a transaction that occurred on Thursday, April 5th. The stock was sold at an average price of $125.96, for a total transaction of $50,012,795.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NASDAQ:WDAY opened at $126.63 on Thursday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.73. Workday, Inc. has a 1-year low of $82.48 and a 1-year high of $140.00. The company has a market cap of $25,890.90, a price-to-earnings ratio of -99.71 and a beta of 1.80.
Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Tuesday, February 27th. The software maker reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.09. Workday had a negative net margin of 14.99% and a negative return on equity of 16.31%. The business had revenue of $582.48 million for the quarter, compared to the consensus estimate of $573.41 million. equities research analysts predict that Workday, Inc. will post -1.24 EPS for the current fiscal year.
A number of brokerages have recently commented on WDAY. BidaskClub upgraded shares of Workday from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 7th. KeyCorp reiterated a “buy” rating and issued a $140.00 price target (up from $131.00) on shares of Workday in a research note on Wednesday, February 28th. Canaccord Genuity reiterated a “buy” rating and issued a $145.00 price target (up from $125.00) on shares of Workday in a research note on Wednesday, February 28th. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price target (up from $130.00) on shares of Workday in a research note on Wednesday, February 28th. Finally, Barclays lifted their price target on shares of Workday from $115.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 28th. One equities research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company. Workday presently has an average rating of “Buy” and a consensus price target of $120.41.
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Workday, Inc provides enterprise cloud applications for finance and human resources worldwide. It provides applications for customers to manage critical business functions to optimize their financial and human capital resources. The company offers Workday Financial Management application that provides functions of general ledger, accounting, accounts payable and receivable, cash and asset management, employee expense and revenue management, projects, procurement, inventory, and grants management.
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