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The price of Workday Inc (NASDAQ: WDAY) closed at $251.31 in the last session, up 1.79% from day before closing price of $246.88. In other words, the price has increased by $1.79 from its previous closing price. On the day, 2.19 million shares were traded. WDAY stock price reached its highest trading level at $252.955 during the session, while it also had its lowest trading level at $247.05.
Ratios:
We take a closer look at WDAY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on February 27, 2024, Reiterated its Buy rating but revised its target price to $350 from $300 previously.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 12 ’24 when DUFFIELD DAVID A sold 56,000 shares for $264.89 per share. The transaction valued at 14,833,707 led to the insider holds 843,000 shares of the business.
DUFFIELD DAVID A sold 65,221 shares of WDAY for $17,498,081 on Apr 08 ’24. The 10% Owner now owns 102,997 shares after completing the transaction at $268.29 per share. On Apr 08 ’24, another insider, Chakraborty Sayan, who serves as the Co-President of the company, sold 15,065 shares for $268.27 each. As a result, the insider received 4,041,530 and left with 88,205 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, WDAY now has a Market Capitalization of 66670280704 and an Enterprise Value of 61828841472. As of this moment, Workday’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.86, and their Forward P/E ratio for the next fiscal year is 31.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.27 while its Price-to-Book (P/B) ratio in mrq is 8.20. Its current Enterprise Value per Revenue stands at 8.518 whereas that against EBITDA is 132.965.
Stock Price History:
The Beta on a monthly basis for WDAY is 1.36, which has changed by 0.28383148 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, WDAY has reached a high of $311.28, while it has fallen to a 52-week low of $181.75. The 50-Day Moving Average of the stock is -4.15%, while the 200-Day Moving Average is calculated to be -1.30%.
Shares Statistics:
According to the various share statistics, WDAY traded on average about 2.12M shares per day over the past 3-months and 2325790 shares per day over the past 10 days. A total of 210.67M shares are outstanding, with a floating share count of 208.44M. Insiders hold about 21.46% of the company’s shares, while institutions hold 70.31% stake in the company. Shares short for WDAY as of 1714435200 were 5052655 with a Short Ratio of 2.39, compared to 1711584000 on 4053145. Therefore, it implies a Short% of Shares Outstanding of 5052655 and a Short% of Float of 2.39.
