Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $251.84 in the prior trading day, Workday Inc (NASDAQ: WDAY) closed at $252.84, up 0.40%. In other words, the price has increased by $0.40 from its previous closing price. On the day, 1.42 million shares were traded. WDAY stock price reached its highest trading level at $255.345 during the session, while it also had its lowest trading level at $251.475.
Ratios:
Our goal is to gain a better understanding of WDAY 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 9.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
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 the company, Piper Sandler on November 27, 2024, Downgraded its rating to Neutral and sets its target price to $270 from $285 previously.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $340.
BMO Capital Markets reiterated its Outperform rating for the stock on May 24, 2024, while the target price for the stock was revised from $338 to $300.
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 02 ’25 when THE DAVID A DUFFIELD TRUST U/T bought 67,822 shares for $258.03 per share.
WAYNE FREDERICK bought 1,829 shares of WDAY for $471,937 on Jan 02 ’25. On Dec 30 ’24, another insider, DUFFIELD DAVID A, who serves as the 10% Owner of the company, sold 56,000 shares for $261.75 each. As a result, the insider received 14,657,896 and left with 172,000 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 67255439360 and an Enterprise Value of 67591348224. As of this moment, Workday’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.95, and their Forward P/E ratio for the next fiscal year is 30.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.34 while its Price-to-Book (P/B) ratio in mrq is 8.06. Its current Enterprise Value per Revenue stands at 8.596 whereas that against EBITDA is 106.276.
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 -2.65%, while the 200-Day Moving Average is calculated to be 3.06%.
Shares Statistics:
The stock has traded on average 3.20M shares per day over the past 3-months and 6596070 shares per day over the last 10 days, according to various share statistics. A total of 267.00M shares are outstanding, with a floating share count of 211.00M. Insiders hold about 21.00% of the company’s shares, while institutions hold 71.17% stake in the company. Shares short for WDAY as of 1731628800 were 4512362 with a Short Ratio of 1.82, compared to 1728950400 on 4416271. Therefore, it implies a Short% of Shares Outstanding of 4512362 and a Short% of Float of 2.1300000999999997.
