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After finishing at $114.04 in the prior trading day, Workiva Inc (NYSE: WK) closed at $98.91, down -13.27%. In other words, the price has decreased by -$13.27 from its previous closing price. On the day, 2.2 million shares were traded. WK stock price reached its highest trading level at $114.49 during the session, while it also had its lowest trading level at $94.97.
Ratios:
Our goal is to gain a better understanding of WK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 1.75.
On December 18, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $102 to $130.
BMO Capital Markets reiterated its Outperform rating for the stock on November 07, 2024, while the target price for the stock was revised from $96 to $104.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 16 ’25 when RIZAI MATTHEW M bought 75,980 shares for $113.26 per share.
RIZAI MATTHEW M bought 2,000 shares of WK for $231,168 on Dec 18 ’24. On Nov 11 ’24, another insider, RADIA SUKU V., who serves as the Director of the company, sold 25,678 shares for $95.00 each. As a result, the insider received 2,439,410 and left with 28,154 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WK now has a Market Capitalization of 5478724096 and an Enterprise Value of 5492898304. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.32. Its current Enterprise Value per Revenue stands at 7.786 whereas that against EBITDA is -153.828.
Stock Price History:
The Beta on a monthly basis for WK is 1.07, which has changed by 0.16856241 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, WK has reached a high of $116.83, while it has fallen to a 52-week low of $65.47. The 50-Day Moving Average of the stock is -4.40%, while the 200-Day Moving Average is calculated to be 18.01%.
Shares Statistics:
The stock has traded on average 453.64K shares per day over the past 3-months and 609030 shares per day over the last 10 days, according to various share statistics. A total of 59.32M shares are outstanding, with a floating share count of 52.33M. Insiders hold about 11.78% of the company’s shares, while institutions hold 78.72% stake in the company. Shares short for WK as of 1735603200 were 2691917 with a Short Ratio of 5.93, compared to 1732838400 on 2335720. Therefore, it implies a Short% of Shares Outstanding of 2691917 and a Short% of Float of 5.3100000000000005.
Earnings Estimates
A comprehensive evaluation of Workiva Inc (WK) is underway, with the input of 10.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.27, with high estimates of $0.34 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.95 and $0.92 for the fiscal current year, implying an average EPS of $0.94. EPS for the following year is $1.28, with 10.0 analysts recommending between $1.56 and $1.08.
Revenue Estimates
10 analysts predict $195.29M in revenue for the current quarter. It ranges from a high estimate of $195.7M to a low estimate of $195M. As of the current estimate, Workiva Inc’s year-ago sales were $166.65MFor the next quarter, 10 analysts are estimating revenue of $203.48M. There is a high estimate of $205.66M for the next quarter, whereas the lowest estimate is $201.2M.
A total of 11 analysts have provided revenue estimates for WK’s current fiscal year. The highest revenue estimate was $734.96M, while the lowest revenue estimate was $733.7M, resulting in an average revenue estimate of $734.14M. In the same quarter a year ago, actual revenue was $630.04MBased on 11 analysts’ estimates, the company’s revenue will be $852.44M in the next fiscal year. The high estimate is $862.99M and the low estimate is $842.8M.
