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In the latest session, Workday Inc (NASDAQ: WDAY) closed at $259.44 down -0.18% from its previous closing price of $259.90. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1.3 million shares were traded. WDAY stock price reached its highest trading level at $261.305 during the session, while it also had its lowest trading level at $256.79.
Ratios:
For a deeper understanding of Workday Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.13. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.39.
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, Scotiabank on November 19, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $340.
On May 24, 2024, BMO Capital Markets reiterated its Outperform rating and also upped its target price recommendation from $338 to $300.
Needham reiterated its Buy rating for the stock on February 27, 2024, while the target price for the stock was revised from $300 to $350.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 14 ’24 when DUFFIELD DAVID A sold 56,000 shares for $242.01 per share. The transaction valued at 13,552,624 led to the insider holds 281,000 shares of the business.
Frederick Wayne A.I. sold 1,828 shares of WDAY for $442,106 on Oct 11 ’24. The Director now owns 8,674 shares after completing the transaction at $241.85 per share. On Oct 14 ’24, another insider, DAVE & CHERYL DUFFIELD FOUNDAT, who serves as the 10% Owner of the company, bought 56,000 shares for $240.90 each.
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 68751597568 and an Enterprise Value of 64742600704. As of this moment, Workday’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.24, and their Forward P/E ratio for the next fiscal year is 31.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.83 while its Price-to-Book (P/B) ratio in mrq is 8.27. Its current Enterprise Value per Revenue stands at 8.234 whereas that against EBITDA is 101.797.
Stock Price History:
Over the past 52 weeks, WDAY has reached a high of $311.28, while it has fallen to a 52-week low of $199.81. The 50-Day Moving Average of the stock is 5.03%, while the 200-Day Moving Average is calculated to be 4.44%.
Shares Statistics:
For the past three months, WDAY has traded an average of 1.93M shares per day and 1929660 over the past ten days. A total of 210.67M shares are outstanding, with a floating share count of 209.80M. Insiders hold about 21.13% of the company’s shares, while institutions hold 71.32% stake in the company. Shares short for WDAY as of 1730332800 were 4719812 with a Short Ratio of 2.45, compared to 1727654400 on 4624428. Therefore, it implies a Short% of Shares Outstanding of 4719812 and a Short% of Float of 2.23.
