In yesterday’s Wall Street session, Workday Inc (NASDAQ:WDAY) shares traded at $273.04, up 2.33% from the previous session.
WDAY stock price is now 6.34% away from the 50-day moving average and 11.15% away from the 200-day moving average. The market capitalization of the company currently stands at $74.60B.
With the price target reduced from $285 to $270, Piper Sandler Downgraded its rating from Overweight to Neutral for Workday Inc (NASDAQ: WDAY). On November 19, 2024, Scotiabank recently initiated its ‘Sector Outperform’ rating on the stock quoting a target price of $340, while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
In other news, DUFFIELD DAVID A, 10% Owner sold 57,000 shares of the company’s stock on Dec 18 ’24. The stock was sold for $15,692,813 at an average price of $275.31. Upon completion of the transaction, the 10% Owner now directly owns 284,000 shares in the company, valued at $77.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 18 ’24, 10% Owner DAVE & CHERYL DUFFIELD FOUNDAT bought 57,000 shares of the business’s stock. A total of $15,846,570 was incurred on buying the stock at an average price of $278.01. A total of 21.07% of the company’s stock is owned by insiders.
During the past 12 months, Workday Inc has had a low of $199.81 and a high of $311.28. As of last week, the company has a debt-to-equity ratio of 0.39, a current ratio of 2.00, and a quick ratio of 1.99. According to the stock market information, the enterprise value for the company is $67591348224, which is based on a 45.30 price-to-earnings ratio, a 2.08 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for WDAY is $256.7554 and a two-hundred day moving average price translates $245.65315 for the stock.
The latest earnings results from Workday Inc (NASDAQ: WDAY) was released for 2024-07-31. The net profit margin was 19.93% and return on equity was 21.25% for WDAY. The company reported revenue of $2.08 billion for the quarter, compared to $1.79 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.68 percent.
